The mobile security software market and it is poised to grow by USD 1,862.62 million during 2020-2024, progressing at a CAGR of over 8% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Request for Technavio's latest reports on directly and indirectly impacted markets. Market estimates include pre- and post-COVID-19 impact on the Mobile Security Software Market Download free sample report
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. AO Kaspersky Lab, Avast Plc, Broadcom Inc., F-Secure Corp., International Business Machines Corp., King Soft Co. Ltd., McAfee LLC, Samsung Electronics Co. Ltd., Sanliu Security Technology Co. Ltd., and Trend Micro Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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The increasing incidence of cyberattacks has been instrumental in driving the growth of the market. However, the availability of free mobile security software might hamper market growth.
Mobile Security Software Market 2020-2024: Segmentation
Mobile Security Software Market is segmented as below:
- End-user
- Enterprises
- Individual Users
- Geography
- North America
- APAC
- Europe
- MEA
- South America
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