Global Smartphone Security Software Industry

Global Smartphone Security Software Industry

  • April 2021 •
  • 225 pages •
  • Report ID: 5818070 •
  • Format: PDF
Abstract:
- Global Smartphone Security Software Market to Reach $66.4 Billion by 2027
- Amid the COVID-19 crisis, the global market for Smartphone Security Software estimated at US$8 Billion in the year 2020, is projected to reach a revised size of US$66.4 Billion by 2027, growing at a CAGR of 35.4% over the analysis period 2020-2027. Anti-Theft, one of the segments analyzed in the report, is projected to record a 37.2% CAGR and reach US$29.3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Data Encryption segment is readjusted to a revised 35.8% CAGR for the next 7-year period.
- The U.S. Market is Estimated at $2.1 Billion, While China is Forecast to Grow at 43.5% CAGR
- The Smartphone Security Software market in the U.S. is estimated at US$2.1 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$18.1 Billion by the year 2027 trailing a CAGR of 43.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 28.2% and 32.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 30.2% CAGR.
- Anti-Virus Segment to Record 33% CAGR
- In the global Anti-Virus segment, USA, Canada, Japan, China and Europe will drive the 32.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.4 Billion in the year 2020 will reach a projected size of US$9.5 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$10.7 Billion by the year 2027, while Latin America will expand at a 33.9% CAGR through the analysis period.

- Select Competitors (Total 57 Featured) -
  • AhnLab, Inc.
  • Avast Software Sro
  • Bitdefender
  • Certicom Corporation
  • Columbitech AB
  • ESET, spol. s r.o. (Slovak Republic)
  • F-Secure Corporation
  • Hauri Inc.
  • Juniper Networks Inc.
  • Kaspersky Lab
  • Lookout, Inc.
  • McAfee LLC
  • NQ Mobile, Inc.
  • Panda Security SL
  • Quick Heal Technologies Ltd.
  • Sophos Ltd.
  • Symantec Corporation
  • Trend Micro, Inc.