A new study from Juniper Research has found that the market for mobile security products, including anti-virus, VPN, data and file encryption and mobile identity management applications, will reach almost $5billion by 2011 and be installed on 247m mobile phones by that time.
The factors driving this new market segment include:
-- The security risk of identity theft.
-- The unauthorised access to corporate networks by mobile devices.
-- The growing threat of mobile viruses and malware.
-- Corporate governance and state legislation.
-- The increased dependence by mobile users on the delivery and storage of critical data on their mobile phones.
Juniper Research interviewed representatives of some of the fastest growing mobile security vendors uncovering a unique insight into the current and near-future status of the mobile security market. Highlights from the study include:
-- The biggest mobile security opportunity will be in the secure mobile content sector (anti-virus, anti-spam, anti-spyware and content filtering) with 40% of the total market
-- Mobile Biometric solutions will contribute some $268million worth of revenue of the total mobile identity and access management market ($1.36billion) by 2011
-- An increase of nearly $4billion from the 2006 figure of $827million to create a combined mobile security market worth $4.8billion by 2011
-- By 2011, 247million mobile users worldwide (just under 8% of total) will be using their mobile security products on their mobile phones
Report author Alan Goode said: "Initially driven by the data hungry mobile business user who has seen the benefits of data services such as email, predominantly on their Blackberry devices, we will see mobile security products go mainstream by late 2008/early 2009 resulting in a doubling of revenues from 2008 to 2010."