Security software sales will surge over the next five years as businesses seek to increase protection against security attacks and data loss on mobile devices, according to an analyst.
By submitting your email address, you agree to receive emails regarding relevant topic offers from TechTarget and its partners. You can withdraw your consent at any time. Contact TechTarget at 275 Grove Street, Newton, MA.
The Juniper Research report, Mobile Security Opportunities, shows only 4% of smartphones and tablets currently have installed third-party security software to protect against malware and viruses, device theft and data loss.
As a result, the analyst firm predicts the mobile security software market will increase from over $630m (£388m) in 2011 to $3.6bn (£2.2bn) in 2016, covering 227 million devices, as the need to protect personal and corporate data on mobile phones increases.
Click here to download the full report.
The report's author, Nitin Bhas, said mobile security software will become as mainstream as internet security products for PCs and laptops.
"Mobile security software is rapidly becoming as essential on a handheld as it is on a desktop or notebook computer," said Nitin Bhas.
"The increasing popularity of smartphones and tablets makes this particularly relevant as many users are now accustomed to accessing e-mails, websites and performing online transactions on the move, thereby storing more and more potentially sensitive data," Bhas added.
Juniper Research predicts enterprises will comprise 69% of all mobile security buyers in five years' time, with security software for tablets overtaking smartphones.
Read ComputerWeekly.com's analysis: Will Android dominance increase IT security threats for business?