Mobile security market in Latin America 2015 to grow at a CAGR of 32.28% by 2019

Mobile Security Market in Latin America 2015-2019

About Mobile Security

The protection of smartphones, tablets, laptops, and the networks they connect to from threats and vulnerabilities associated with wireless computing is known as mobile security. The consequences of a malicious third-party gaining access to personal financial information could be disastrous and irreparable. The three main targets for threats are information, identity, and availability.

Mobile security broadly encompasses the protection of mobile devices (smart devices) from malware threats, data theft, unauthorized access, and accidental loss. Mobile security solutions protect mobile devices against viruses, spyware, hacker attacks, and online identity theft. It also helps block spam calls and messages and eliminate malicious apps that may risk privacy. Mobile security is seen as the key to win the war against new generation of cyber attackers.

Mobile security market in Latin America to grow at a CAGR of 32.28% over the period 2015-2019.

Mobile security comes in many forms such as inbuilt in devices. For instance, iPhone comes with a default auto lock feature that requires the user to enter a password after a few minutes of inactivity. Other mobile security protections are built into the network such as strong encryption standards for data travelling across cellular networks.

About the Report

The latest industry analysis report highlights the adoption of BYOD policies in workplaces across Latin America, which allows employees to use their personal mobile devices for work. This has increased the demand for uninterrupted connectivity between a corporate network and its employees’ mobile devices.

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“Mobile devices are not secure, and it is easy for hackers to gain unauthorized access to firewalls, VPN and corporate networks. This can lead to fraudulent activities and the misuse of business-critical data. Therefore, the increased need to protect data has boosted the demand for mobile security,”.

The latest market research report also emphasizes advances in technology that are compelling vendors to offer SaaS-based mobile security solutions to customers. Hence, they opt for SaaS-based security solutions that are cost-effective, offer a prompt response to security threats and provide round-the-clock system monitoring.

Covered in this Report

In this report, analyst covers the present scenario and growth prospects of the mobile security market in Latin America for the period 2015-2019. To calculate the market size, the analyst considers the revenue generated from the sales of mobile security solutions in Latin America. The report also includes market insights, market description, and market landscape of the mobile security market in Latin America.

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The market is highly fragmented with the presence of several small and large vendors. The report does not include the market share of all vendors; it only presents the list of key vendors and a corresponding detailed analysis of the same.

Mobile Security Market in Latin America 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Market Scope and Calculation of Market Size

The new report covers the present scenario and growth prospects of the mobile security market in Latin America from 2015-2019. To calculate the market size, the analyst considers the revenue generated from the sales of mobile security solutions in Latin America.