This is a user generated content for MyStory, a YourStory initiative to enable its community to contribute and have their voices heard. The views and writings here reflect that of the author and not of YourStory.

Global mobile security has market future, technology growth, and business opportunities

Global mobile security has market future

Global mobile security has market future, technology growth, and business opportunities

Monday June 03, 2019,

4 min Read

With the advent of smartphones and other portable devices, mobile and web applications have started to become an inevitable part of the lives of people. About 80% of their day-to-day works are performed by applications. Be it buying a product, or finding a job, looking for accommodation or booking an itinerary, almost everything is done digitally. Our world typically revolves around digital modes. Even finding love these days is done through mobile applications.

They have also become an indispensable part of business enterprises. Be it customer management or stock management, selling of products or management of payments, without doing business is almost impossible. Mobile app development company have made lives easier like never before with so many benefits and advantages. But, everything has its pros and cons. So do mobile applications.

They might offer various advantages to the users but they are prone to numerous cyber threats and risks as they are operated via the Internet. They suffer from the risks of being attacked by hackers and unwanted third parties. This could result in a privacy breach and loss of financial data. That is why they need to be supported with required security and protection.

This is exactly where mobile security comes for the rescue. Mobile security is also termed as wireless security. With the help Mobile security, we can protect our tablets, smartphones, laptops, desktops and other portable computing devices from cyber threats and vulnerabilities of the Internet.

Digital marketing

Digital marketing

Let us learn how global mobile security has great market future, technology growth, and business opportunities:

Mobile security and market future:

The mobile security industry has a huge market future globally. Strong security and protection features are becoming the need of the hour. Almost 90% of sensitive business information of business are stored and processed through applications. If they are not protected well, they will be exposed to the vulnerabilities of wireless computing. Loss of sensitive business information could lead to huge financial losses to a business enterprise.

It will also lead to a bad reputation of the enterprise. Not only for businesses, but for individual users as well, having appropriate security for their mobile phones and other devices is of great significance to safeguard confidential data. With the ever-increasing need in the security of wireless devices, the mobile security market shows a very encouraging picture for market growth in the future. It has definitely contributed a huge percentage in the overall revenue generation even in the early stage. In the near future, it surely has a lot to offer.

Mobile security and Technology growth:

Based on the operating system, the mobile security market is divided into many categories, namely, IOS, Android, Windows, Blackberry, Linux, etc. It also divided into various segments based on the type of device. With every update in the operating system and devices, new features need to be added in the security features too. This calls for new technological updates. Also, there have been many instances when smartphones and other such devices have resulted in explosions. To cope up with these issues, advanced technological updates are required to be discovered.

 Also, the presence of hackers and information stealing applications have been alarmingly increasing on the Internet. This has called for the production of intelligent interconnected devices such as smart watches, pens, glasses, smart keys and so on. Again introduction of such devices results in new potential risks and threats. Hence, it becomes utmost important to keep developing new technologies to tackle new security concerns that might crop up. This way the mobile security market has been seeing tremendous growth in technology and will continue to do so.

Mobile security and Business opportunities:

The mobile security market holds numerous business opportunities globally. With more and more new entrants in the technology market, the need for mobile securities is also tremendously increasing. Enterprises are looking for the best mobile security providers to collaborate with. Providing security and protection to mobile devices is an ongoing task. As long as the software and technology market is in place, mobile security forms an essential segment of the technology industry.

The mobile security market can be divided into different segments based on the type of device, type of operating system, type of security solution, and type of user market and so on. The requirement of the security service varies from segment to segment. And, with the advent of new technologies in each segment, the requirement of new mobile security solutions is increasing. Hence, an aspiring entrepreneur seeking to enter into the mobile security market has a wide range of segments to choose from.

    Share on