Tag: mobile security trends

The global market is starting to reach record heights and a new report shows that it will take off by the end of this year.

The mobile security marketplace is all lined up to reach record breaking new heights this year, according to a report that has been released by a firm called Visiongain.

A rise in smart devices and connectivity has added to the need for this extra level of protection.

This has been especially true in the workforce, which has been increasingly dependent on smartphones and, therefore, requires added mobile security to keep data safe. After all, the popularity of these devices has made them into a very appealing target for cybercriminals who are after the data that is contained on those mobile devices.

BYOD programs have made the need for mobile security policies a requirement for businesses.

According to the Visiongain report, “Mobile devices cause ongoing concern for IT teams responsible for information security.” It also went on to add that “Sensitive corporate information can be easily transported and lost, while the Bring Your Own Device (BYOD) movement has dramatically increased the number of expensive security incidents.”

The report was entitled “The Mobile Security (mSecurity) Market Forecast 2014-2024: Future Prospects For Leading Players.” Within it, considerable insight was provided regarding the current trends in this marketplace as well as the direction that it will be taking over the next ten years.

This year, alone, software to protect smartphones and other devices has truly been coming into its own. Where people used to think that it was required only for PCs, they are now starting to realize that it is just as important for protecting the information that they have on their smartphones, particularly if those devices are being used for professional purposes.

What this has meant is that the mobile security market, according to Visiongain, is now set for a tremendous growth throughout this year and that by the end of it, it will have reached the $4.5 billion mark. That will be well beyond the figures that the market has managed to reach in any previous year.

The giants around the world are now giving their efforts to combat threats and spam a boost.

According to the results of a recent mobile security protection forecast report from Infonetics Research, there will be a number of new efforts put into place in order to help to do battle with the increasing amount of spam and number of threats from unethical marketers and cyber criminals.

The report has provided tracking of SMS and multimedia messaging service (MMS) security gateways.

According to the Infonetics Research principal analyst for security, Jeff Wilson, the popularity of the use of SMS and MMS has increased considerably over the last ten years. However, it is only just now that carriers around the world are starting to pay attention to mobile security protection and the deployment of SMS and MMS security gateway solutions. He said that these giants have been “forced by economic, regulatory, and attack conditions.”

The mobile security protection trend is also a response to growing regulatory pressure.

Wilson also pointed out that major carriers within specific regions are looking at solutions for this purpose. As an example, he pointed out the adoption of Cloudmark/TeleDNA which was recently deployed in India.

Among the other points that were published in the report are as follows:

• Approximately 10 trillion SMS and MMS messages are sent each year. This presents a broadening opportunity for cyber criminals to hack and send spam.
• Carriers are boosting their mobile security protection spending on gateway solutions that are meant to stop spam and threats in SMS/MMS.
• Throughout the length of 2013, it is believed that there was a 70 percent increase in the size of the SMS/MMS security market when compared to 2012, bringing it to $70 million.
• AdaptiveMobile and Cloudmark have become the current leaders in revenue within this specific market space.
• This year will be bringing consolidation within the industry for SMS/MMS security gateways. This will bring focus to the different players that already exist as well as those entering into the space, and will be built on a foundation supported by major networking/telecom equipment suppliers.