Mobile Security Services Market To Reach $1.88 billion By The End of 2013 – ABI Research

abiAccording to a recent report by ABI Research, the current Mobile Security Services market will reach $1.88 billion by the end of 2013, by far dominating both the Mobile Device and Mobile Application Security markets. The report found that, the number of unique mobile threats grew by 261% in just two quarters. Increasingly complex malware is taking advantage of a wider range of mobile functionalities to exploit vulnerabilities on the device and in the network. As per the report, organizations allowing BYOD policies and without proper mobile device management capabilities are at great risk from covert interception and corruption.

The report revealed that, the demand for specialized services is driving the market for mobile security; network security, managed and professional services are set to become the biggest category for business-to-business mobile security. Bundled network security which includes unified threat management, deep packet inspections, virtual private networks, and remote device management will become increasingly important. The driving markets in mobile security are concentrating on services for mobile device, identity and authentication management, as well as for audits, certification, and consulting.

The report also shows that the market will offer significant opportunities for vendors targeting mobile network operators as well as businesses. As per the report vendors such as Adaptive Mobile and F-Secure are well-placed to consolidate their position for carrier-grade security solutions. Players offering highly-innovative solutions in niche markets include Aujas Networks (India) with professional services and Zimperium (Israel) for mobile IDS/UTM.

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