Global mobile security market will reach $1.6 billion in 2012

Telecom Lead America: The global mobile security market
in 2012 will reach $1.6 billion.

National mobile security markets in Europe, North
America and the Asia Pacific region will experience the strongest growth.

BRIC (Brazil, Russia, India and China) nations will show
signs of a burgeoning mobile security market, as their populations increasingly
adopt smart devices.

There will be growth in Latin American countries, the
Middle East and Africa.

The adoption of broadband networks and the decreasing
prices of smart devices will eventually change the situation in the long


According to a report from visiongain, mobile threats are
becoming increasingly prolific as the mobile platform continues to gain
popularity through the adoption of smart devices.

As more and more end-users and businesses use smartphones
and tablets for their personal and business activities, their valuable
information attracts cybercriminals. This has been brought to global attention
with the discovery of a spate of mobile malware in the past year, many of which
were surreptitiously copying stored mobile data.

The lack of awareness of mobile vulnerabilities and this
increase in mobile malware has driven a nascent yet dynamic market in mobile
security products and services. This market is initially driven by business
concerns on the protection of corporate assets and information, and has spurred
the growth of niche companies offering services such as mobile device
management, and cloud based security.

Mobile security products will become intrinsic to general
cybersecurity in any organization planning on allowing the use of mobile
devices, visiongain said in its report.

The different solutions will address malware, spam,
spyware applications, unauthorized access and modification at the same level as
general cybersecurity measures. The industry is quickly grasping the notion
that mobile malware will likely evolve similarly to PC-based threats, and that
similar protection and detection measures will be necessary.

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