Jay Clemens
New analysis from TechNavio released Jan. 14 has set a 38.3 percent year-over-year growth for the global mobile security market from 2013 to 2018, citing increased demand amid the growing popularity of bring your own devices.
The study predicts that a high adoption in smartphones will drive the market and expects obsolescence of security services to pose restraints on the market.
According to the report, threat actors launch malware, intercept communication, exploit weaknesses in the smartphone or disrupt the mobile system to gain information, to tap into another’s identity or to cause downtime.
Companies’ commonly adopted mobile security measures include running end-user information campaigns and adding protection to each layer of software, it added.
The key market vendors tackled in the analysis are AVG Technologies, Kaspersky Lab, McAfee and Symantec.
