Tag: mobile technology

Mobile security market expected to boom in coming years

| April 2, 2013

Hacker Mobile SecurityMobile security is becoming more important

Security has become one of the most important aspects of the digital world. Much of the modern world has some tie to the Internet or otherwise relies heavily on technology that draws resources from the digital world. Because of this, security has become a top priority, especially as hackers and some malicious parties become more popular. IDC, a leading research firm, suggests that security is on the verge of becoming a very lucrative market, especially in the mobile space. Mobile security has become a major concern for many businesses and consumers over the past few years.

Hackers represent a new breed of thief

There are threats that exist in the digital world that are very unlike those that exist in the physical world. In the physical world, a criminal can steal physical properties, with varying degrees of success. In the digital world, however, there are no physical properties. Instead of stealing a purse or a mobile device, a hacker can steal something much more valuable: Information. Financial information, in particular, is highly prized among so called cybercriminals. As more consumers come to rely on their mobile devices to traffic such information, mobile security is becoming more important.

Security market expected to hit $870 million by 2017

According to IDC, the global market for security solutions will reach $870 million by 2017. Mobile security, in particular, is expected to be a powerful force in the security market. Hackers and other groups are beginning to focus more intently on the mobile space, largely due to the amount and kind of information that can be found on a mobile device. Until very recently, mobile security had not been an issue for consumers or businesses. This has left the mobile space with limited options regarding security and with lackluster awareness concerning the threats that exist in the digital world.

Awareness may be a significant problem for mobile security

Awareness is perhaps one of the greatest challenges currently facing the realm of mobile security. Many consumers know that threats exist in the cyber world, but not how they can protect themselves. Moreover, many consumers consider themselves invulnerable to these threats or think that their mobile device is too advanced to be susceptible to malicious attacks. Without appropriate awareness concerning mobile security, many consumers may be exposing themselves to significant risks.

Mobile commerce may be at the heart of a new revolution

| April 1, 2013

ebay mobile commerceeBay has high hopes for mobile commerce

Online retail giant eBay believes that mobile is leading a revolution in the commerce sector. According to eBay, this revolution will change the way consumers purchase and search for products around the world. This week, the retailer has unveiled a new three-year growth strategy that has a heavy emphasis on mobile commerce. eBay expects mobile commerce to play a major role in its future business and is working to ensure that it is as accommodating to mobile consumers as it can possibly be.

eBay and PayPal experience heavy activity in the mobile space

eBay has already experiences strong performance in the mobile commerce sector through itself and its subsidiary PayPal. Where eBay is concerned, more consumers are opting to use their smartphones or tablets to shop for products. These consumers are also more apt to purchase products from their mobile device rather than from a PC. PayPal has been reporting a growing number of transactions being made from mobile devices, whether they involve purchasing products or transferring money from one account to another. This activity has built up eBay’s confidence in the mobile commerce sector.

Mobile commerce expected to reach $300 billion by 2015

By 2015, eBay expects global mobile commerce to reach the $300 billion mark. The company notes that this will translate into revenue growth of 50% or more by the end of 2015. Mobile commerce will be behind much of the growth that eBay is expecting to see over the next three years and the retailer estimates that it will be able to beat out its competitors in its given industry. Amazon, which is eBay’s only major competitor, has also been showing strong interest in mobile commerce. Whether eBay will be able to overcome Amazon may depend largely on the mobile commerce plans of the latter.

Consumer interest powering mobile commerce growth

eBay suggests that mobile commerce is becoming more important for consumers as they become more comfortable with the concept. As more consumers get their hands on smartphones and tablets, they are becoming increasingly exposed to the prospects of mobile commerce. As such, they are becoming more likely to purchase products and shop with their mobile devices than they have ever been in the past few years.