The mobile data protection solution and services market is set to grow with a CAGR of 21.5% during the forecast period.
Market Insights
The global market for mobile data protection solutions and services is driven by the increasing adoption of cloud computing and advanced technologies across the organisation. As organisations move towards digital technologies, the amount of data generated is also increasing. As a result, the need to protect data from leakage of malicious activities is also increasing. This increases the demand for mobile data protection solutions among companies.
Strict global government regulation on data security and protection also serves as the primary driver of market growth. Governments around the globe have eaten up a number of regulations and guidelines for data protection across industries. For example, the General Data Protection Regulation in Europe, the Health Insurance Portability and Accountability Act in the United States for the protection of health data. These regulations mandate the use of a data protection solution among companies, which in turn drives market growth.
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The mobile data protection solution and services market is segmented based on the application into the BFSI, government & public sector, healthcare, manufacturing, media & entertainment, retail, telecom & IT sector. IT & Telecom is estimated to account for majority share in the market. The increasing digitalization across the industry is acting as the primary factor supporting the market growth. However, healthcare is estimated to grow significantly during the forecast period.
The Asia Pacific is anticipated to grow at annual growth rate of over 23.2% during the forecast period. The market is driven by the increasing adoption of the smartphones and tablets across the region. More than 50% of the smartphone users across the globe resides the region. Furthermore, the increasing adoption of the enterprises mobility solution across the region is driving the market growth.
The major vendors in the mobile data protection solution and services market are Cisco Systems Inc, CheckPoint Software Technologies Pvt. Ltd., Dell Inc, EMC Corporation, Gemalto NV, Hewlett-Packard, Intel Corporation, McAfee LLC, Microsoft Corporation, Sophos, Symantec Corporation, and Trend Micro Inc.
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Cloud Deployment Model to Grow Significantly During the Forecast Period
The market for mobile data protection solutions and services is segmented on the basis of deployment to the on-site and cloud models. The on-site deployment model accounted for more than 60% of market revenue in 2018. The growth of the market is attributed to the robust safety offered by the model. However the cloud deployment model is estimated to have gained a lot of traction over the forecast period. The growth of the market is driven by the cost-effective nature of the model. In addition, the scalability and flexibility offered by the model also act as a major driver for the market.
North America is Leading the Mobile Data Protection Solution and Services Market
North America dominated the mobile data protection solution and services market with 34% share in the revenue in 2018. The early adoption of the BYOD policy and enterprise mobility among the organizations in the region is the primary factor supporting the market growth. Furthermore, the increasing adoption of the smartphone and tablet users in the region also fosters the growth of the market. Additionally, the increasing cyber attacks in the region is also encouraging the adoption of the mobile data protection solution and services.
Key questions answered in this report
- What was the market size of mobile data protection solution and services in 2018 and forecast up to 2027?
- Which is the largest regional market for mobile data protection solution and services?
- What are the major trends followed in mobile data protection solution and services market across different regions?
- Who are the key companies in the mobile data protection solution and services market?
- What are the key strategies adopted by the leading mobile data protection solution and services companies in market?
ToC:
Chapter 1 Preface
1.1 Report Scope and Description
1.1.1 Study Purpose
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Approach Adopted
1.3.4 Top-Down Approach
1.3.5 Bottom-Up Approach
1.3.6 Phase III – Expert Panel Review
1.3.7 Assumptions
1.4 Market Segmentation
Chapter 2 Executive Summary
Chapter 3 Market Dynamics
Chapter 4 Mobile Data Protection Solution & Service (MDPSS) Market, By Solution
4.1 Overview
4.1.1 MDPSS Market Value Share, by Solution, 2018 & 2027 (Value, %)
4.2 Mobile Data Protection (MDP)
4.2.1 MDPSS Market Mobile Data Protection (MDP), 2017 – 2027(US$ Mn)
4.3 Data Loss Prevention (DLP)
4.3.1 MDPSS Market Value from Data Loss Prevention (DLP), 2017 – 2027(US$ Mn)
4.4 Mobile Device Management (MDM)
4.4.1 MDPSS Market Mobile Device Management (MDM), 2017 – 2027(US$ Mn)
Chapter 5 Mobile Data Protection Solution & Service (MDPSS) Market, by Service
Chapter 6 Mobile Data Protection Solution & Service (MDPSS) Market, by Deployment
Chapter 7 Mobile Data Protection Solution & Service (MDPSS) Market, by Application
Chapter 8 North America Mobile Data Protection Solution & Service (MDPSS) Market Analysis, 2017 – 2027 (US$ Mn)
Chapter 9 Europe Mobile Data Protection Solution & Service (MDPSS) Market Analysis, 2017 – 2027 (US$ Mn)
Chapter 10 Asia Pacific Mobile Data Protection Solution & Service (MDPSS) Market Analysis, 2017 – 2027 (US$ Mn)
Chapter 11 Rest of the World (RoW) Mobile Data Protection Solution & Service (MDPSS) Market Analysis, 2017 – 2027 (US$ Mn)
Chapter 12 Company Profiles
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