INDIA MOBILE SECURITY MARKET FORECAST 2021-2025

INDIA MOBILE SECURITY MARKET FORECAST 2021-2025

  • November 2020 •
  • 87 pages •
  • Report ID: 5993376 •
  • Format: PDF
KEY FINDINGS
The India mobile security market is anticipated to record a CAGR of 16.72%, during the forecast years. Factors such as the increased adoption of tablets and smartphones, the growing cyber-crimes, and the development of comprehensive mobile enterprise security solutions, are projected to drive the market growth. The base year considered for the market study is 2020, while the forecast period is from 2021 to 2025.

MARKET INSIGHTS
Despite the prevalent cyber laws in India characterized by the IT Act 2000, the country experiences a dearth of effective encryption provisions.However, e-governance and mobile governance are rapidly being deployed for the purpose of adequate safety.

Moreover, malware such as Flame, Stuxnet, and Duqu, is highly complex and sophisticated, and may remain undetected by India’s cybersecurity measures. As a result, the Indian government has issued numerous legal amendments and policies, to existing regulations like the E-mail Policy of India, Mobile Payment Cyber Securities, and Cyber Security of Private Banks in India.
On the other hand, India is an upcoming market for authentication, with distinguished players operating in the Asia Pacific mobile security market proposing to capture the potential opportunities available, across the country.Additionally, the development of comprehensive mobile enterprise security solutions, to ensure the safety of applications, devices, and data, is projected to attract a plethora of customers.

Furthermore, owing to the increased use of mobile devices in the country, adopting the ’bring your own device’ (BYOD) policy is anticipated to increase over the years. Hence, such factors are set to drive the country’s market growth.

COMPETITIVE INSIGHTS
Some of the eminent companies operating in the market include, Google LLC, International Business Machines Corporation, Samsung Electronics Co Ltd, McAfee, Microsoft Corporation, etc.

Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

Companies mentioned
1. INTERNATIONAL BUSINESS MACHINES CORPORATION
2. MICROSOFT CORPORATION
3. SAMSUNG ELECTRONICS CO LTD
4. VMWARE INC
5. APPLE INC
6. GOOGLE LLC
7. MCAFEE