Don't Miss


Home   >   Tech & Telecoms   >   Telecoms   >   Mobile security service market to hit $230m

Mobile security service market to hit $230m

By on October 28, 2013

ABI Research has estimated the current Mobile Encryption Software and Services market will hit $230m by the end of 2013, www.cellular-news.com reported on Friday.

The market will offer significant opportunities for security vendors and MDM service providers according to the report. OEMs are still waiting for the direction of the market demand to come into focus before investing the space.

The biggest laggards are mobile network operators, despite the fact that they have substantial advantages that they are far from leveraging.”

Mobile authentication and encryption services for enterprises are growing dynamically with the saturation of cloud-based applications and BYOD trends, the report said.

Organisations are looking to maximise the benefits of these technologies while maintaining a level of security that satisfies compliance and the protection of corporate resources. These need to be further balanced against flexibility and manageability; without these guarantees, even the most secure solutions are useless.

For mobile encryption technology, this means effective key management. For authentication, it may be SSO or tokenless access. The field of application for mobile authentication and encryption services is wide, and the demands are varied.

 

 

[Punch]