MarketsandMarkets: Global Smartphone Security Market to be worth $2964.89 Million in 2016

Top Quote The advancements in technology have made available a variety of features that were earlier accessible through personal computers to be easily accessed through mobile phones; for instance, web browsing, emailing, and others. Popularity of applications such as Facebook, Twitter, and others has increased the usage of mobile phones in order to update the status messages instantly on the move. End Quote
  • Dallas, TX (1888PressRelease) September 21, 2011 - The report "Global Smartphone Security Market by Operating Systems, Ownership & Features (2011 - 2016)"defines and segments the global smartphone security market with analysis and forecasting of the global revenue for operating systems. It also identifies driving and restraining factors for the global smartphone security market with analysis of trends, opportunities, and challenges. The market is segmented and revenue is forecasted on the basis of major geographies such as North America, Europe, Asia-Pacific and Japan, and Rest of the World (ROW).

    Browse All : Smartphone Security Market
    http://www.marketsandmarkets.com/Market-Reports/world-computer-mobile-antivirus-market%20-156.html

    Browse more than 75 market data tables/figures spread through 190 pages and in-depth TOC on "Global Smartphone Security Market by Operating Systems, Ownership & Features (2011 - 2016)".

    http://www.marketsandmarkets.com/Market-Reports/world-computer-mobile-antivirus-market%20-156.html

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    The global smartphone market is expected to grow in the coming five years. This growth is largely fueled by the need of security on smartphones due to increase in constant connectivity and demand for high bandwidth applications. This growth is particularly higher in geographies such as Europe and APJ due to the most widely used mobile payments application, especially for making payments for mobile digital & physical goods.

    MarketsandMarkets expects the global smartphone security market to grow from $387.15 million in 2010 to $2964.89 million by 2016. Global smartphone security market for Android OS is the fastest growing one with a CAGR of 65.05% from 2011 to 2016 due to increasing number of applications.

    The overall smartphone security market is expected to increase with a CAGR of 43.9%, major driving force being, high penetration of smartphones and rise in number of smartphone applications while lack of awareness among the masses remains the restraining factor. Key issue in the industry today is battery overdrain and mobile handset and security software incompatibility.

    Key findings

    To define and measure the global smartphone security market
    To forecast the revenue of the global smartphone security market with respect to four main geographies; i.e. North America, Europe, Asia-Pacific & Japan, and ROW (Rest of the World)

    To identify the major market trends and factors driving or inhibiting the growth of the global smartphone security market

    To strategically analyze the market in each geography with respect to individual growth trends and contribution to the global smartphone security market
    To analyze the opportunities in the market for the stakeholders by identifying high growth segments of the global smartphone security market

    To strategically profile the key players of the global smartphone security market, and comprehensively analyze their market shares and core competencies in each segment
    To track and analyze the competitive developments such as alliances, joint ventures, mergers and acquisitions in the global smartphone security market.

    About MarketsandMarkets

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