Mobile Data Protection Market 2018 Global Share, Technology Trends and Innovations by Key Players Analysis, Types, Regions and Applications

Mobile data protection market is estimated to witness a CAGR of 30.24% over the forecast period, reaching the total market size of US$4.361 billion by 2023 from US$1.164 billion in 2017. Mobile Data Protection solutions are used to protect organizational and personal data from malicious attacks, fraudulent activities, network threats, cyber-attacks, and privacy breaches. Growing use of mobile device and cloud integration among companies and increasing acceptance of the Bring Your Own Device (BYOD) policy are escalating the demand for mobile data protection solutions.

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Key Leading Major industry players profiled as part of the report are Dell, Microsoft, Intel, Symantec, and Sophos among others. 

This is due to rising data security concerns involved in organizational content access, growing cases of cyber-attacks and increasing the propensity of mobile device theft and loss, thereby augmenting the demand for mobile data protection solutions worldwide. Moreover, stringent regulations regarding the adoption of data protection solutions that adhere to certain specific standards have further boosted the growth of the global mobile data protection market. However, lack of awareness regarding its benefits and problem of functional interoperability due to the presence of diverse platform devices will restrain the market growth during the forecast period.

This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.

 

Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research.

Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the Mobile data protection value chain. Last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.

 

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