Friday, 29 September 2006
Mobile Security Products to be Incorporated in Almost 250 Million Handsets by 2011 |
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A new study from Juniper Research has found that the market for mobile security products, including anti-virus, VPN, data and file encryption and mobile identity management applications, will reach almost USD 5 billion by 2011 and be installed on 247m mobile phones by that time.
Factors Driving This New Market Segment
- The security risk of identity theft
- The unauthorised access to corporate networks by mobile devices
- The growing threat of mobile viruses and malware
- Corporate governance and state legislation
- Increased dependence by mobile users on the delivery and storage of critical data on their mobile phones.
Highlights from the Study
- The biggest mobile security opportunity will be in the secure mobile content sector (anti-virus, anti-spam, anti-spyware and content filtering) with 40% of the total market
- Mobile Biometric solutions will contribute some USD 268million worth of revenue of the total mobile identity and access management market (USD1.36billion) by 2011
- An increase of nearly USD 4billion from the 2006 figure of USD 827million to create a combined mobile security market worth USD4.8billion by 2011
- By 2011, 247million mobile users worldwide (just under 8% of total) will be using their mobile security products on their mobile phones
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