U.S (New York) – New research study titled “Asia-Pacific Mobile Security Market ” for the year 2023, encompassing various aspects such as industry size, market share, growth analysis, segmentation, leading manufacturers and innovations, key trends, market drivers, restraints, regulatory framework, distribution methods, opportunities, strategies, potential roadmap, and annual forecasts until 2031. The primary objective of this market research study is to thoroughly examine the industry, enabling businesses to gain comprehensive insights into the sector and its economic potential. By leveraging accurate statistical research data provided by Report Ocean 2023 to 2031, your business can experience accelerated growth. This report also delves into PESTLE & SWOT analysis, Porter’s Five Forces Analysis, and provides crucial information including expenditure, costs, revenue, and end-users. With over 150+ pages, the document offers a comprehensive table of contents, 180+ figures, tables, charts, and insightful analysis.
Asia-Pacific Mobile Security Market is expected to garner $7.5 billion by 2020, registering a CAGR of nearly 43% during the forecast period 2015-2020. Mobile security can be defined as the means by which mobile devices such as smartphones, tablets, laptops and others can authenticate users and protect or restrict access to data stored on these devices. This can be done with the use of passwords, personal identification numbers (PINs), pattern screen locks or more advanced forms of authentication such as fingerprint readers, eye scanners and other forms of biometric readers. Advancement in technology in mobile device market concerning storage, performance, application, capability or internet connectivity have tremendously increased over the past few years. Together with its wide range of uses, it has also fostered a growing need for better security and integrity solutions.
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According to data from the U.S. Bureau of Economic Analysis and the U.S. Census Bureau, the goods and services deficit increased by $1.9 billion from $68.7 billion in January 2023 to $70.5 billion in February. The increase in the goods and services deficit in February was due to a $2.7 billion increase in the goods deficit to $93.0 billion and a $0.8 billion increase in the services surplus to $22.4 billion. Compared to the same period in 2022, the goods and services deficit has dropped this year by $35.5 billion, or 20.3%. $49.5 billion or 10.8% more was exported. 2.2% or $14.0 billion more was spent on imports.
Key Players, , International Business Machines (IBM) Corporation, MobileIron, Symantec Corporation, Kaspersky Lab, VMware Inc., innoPath Software, Microsoft Corporation, Apple Inc., Intel Corporation,, Google Inc.
Mobile security threats include both physical and software-based threats that can compromise the data stored in smartphones, tablets and other mobile devices. Thus, various security software and hardware solutions such as authentication security, mobile application management and data protection software have been developed by companies. The introduction of BYOD (Bring your own device) policy in various organizations, increasing use of smartphones for conducting day-to-day transactions, rising trend of IoT (Internet of Things), need for data protection and favorable government regulations are major factors triggering the market growth. On the other hand, availability of pirated solutions in the market, deployment cost involved and lack of awareness regarding mobile security systems are likely to restrain the market growth.
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On the basis of solutions, Asia-Pacific mobile security market is segmented into authentication, mobile application management and mobile data protection. On the basis of types, the market is segmented into email security and anti-virus. The mobile security market, based on various operating systems is categorized into Android, iOS, Windows, Blackberry and others. Based on the end users, the industry is segmented into individual and enterprise users. Enterprise users segment is further segmented into financial institutions, retail, government, telecommunication and IT, education, manufacturing. automotive, aerospace, defense and intelligence and others. Geographically, the market is segmented into India, Japan, China, Singapore and others (Australia, New Zealand and South Korea).
KEY BENEFITS
The study provides an in-depth analysis of the mobile security market in Asia-Pacific region with current and future trends to elucidate the imminent investment pockets in the market
Current and future trends have been outlined to determine the overall attractiveness and to single out profitable trends to gain a stronger foothold in the market
The report provides information regarding key drivers, restraints and opportunities with impact analysis
Quantitative analysis of the current market and forecast during the period of 20152020 have been provided to highlight the financial appetency of the market
Porters five forces model analysis of the industry illustrates the potency of buyers and suppliers participating in the market
Value chain analysis in the report provides clear understanding of the roles of stakeholders involved in the value chain
MOBILE SECURITY APAC MARKET KEY SEGMENTATION
By Solution
Authentication
Mobile data protection
Mobile application management
By Type
E-mail
Anti-Virus
By OS
Blackberry
Android
iOS
Windows
Others
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By End Users
Individuals
Enterprises
Retail
Telecommunication & IT
Financial Institutions
Education
Government
Aerospace & Defense
Manufacturing & Automotive
Others
By Geography
India
Japan
China
Singapore
Others (Australia, New Zealand and South Korea)
Market Dynamics:
Surging air traffic: As the global aviation industry continues to expand, there is a corresponding increase in market demand.
Heightened emphasis on safety and reliability: The aerospace and defense sector places significant importance on ensuring safety and reliability, which drives the need for top-notch market offerings.
Growing commitment to environmental sustainability: The aerospace and defense industry is increasingly dedicated to reducing its carbon footprint, resulting in the adoption of sustainable aviation fuels.
Escalating globalization: The growth of international trade and travel propels the demand for market solutions.
Increasing desire for private air transportation: The rising number of affluent individuals and their preference for exclusive air travel are generating fresh opportunities in the market.
Expanding utilization of digital fuel management systems: The integration of digital fuel management systems facilitates efficient fuel consumption and reduces associated costs.
Advancements in fuel cell technology: Ongoing developments in fuel cell technology unlock new possibilities for the production of sustainable market alternatives.
Mounting demand for air cargo transportation: The flourishing e-commerce sector fuels an increasing need for air cargo transportation, thereby driving the demand for market offerings.
Rising defense budgets: Governments worldwide are augmenting their defense spending, leading to heightened market demand.
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