The global smartphone security software market is set to
reach nearly $3 billion by 2017, according to a new report available on.

 

The smartphone security software security market will be
driven by increasing smartphone adoption, especially in the corporate sector.
Furthermore, the Asia-Pacific market will also drive demand in the smartphone
security software market.

 

Fears over data loss through smartphones is driving the
smartphone security market. Demand for smartphone security software within the corporate sector
will be driven by the increasing use of smartphones for corporate
communications. This in turn requires compliancy, information and network
security, cost management and patch management.

 

Smartphone security software has become a significant
revenue generator for vendors due to heightened perceived data security threat
among smartphone users. With only about 23 percent of smartphone users having
enabled security software, the smartphone security software market has immense
potential.

 

Europe is the largest regional market. Asia-Pacific is
the fastest growing regional market, with revenues from the region growing at a
CAGR of about 49.5 percent over the analysis period. Growth in the Asia-Pacific
smartphone security software market is primarily driven by robust demand for
smartphones in emerging countries such as China and India.

 

Major players in the marketplace include Airscanner USA,
AVG Technologies, Birdstep Technology, BullGuard, Columbitech, ESET, F-Secure
Corporation, Good Technology, SMobile Systems, Kaspersky Lab, Lookout, McAfee,
Certicom Corp, Symantec Corporation, Trend Micro, Wavelink Corporation, among
others.

 

By TelecomLead.com Team
[email protected]