Latin America Mobile Security Market to Grow at 32% CAGR to 2019 : Forecasts and Analysis Report

The protection of smartphones, tablets, laptops, and the networks they connect to from threats and vulnerabilities associated with wireless computing is known as mobile security. The consequences of a malicious third-party gaining access to personal financial information could be disastrous and irreparable. The three main targets for threats are information, identity, and availability.

Mobile security broadly encompasses the protection of mobile devices (smart devices) from malware threats, data theft, unauthorized access, and accidental loss. Mobile security solutions protect mobile devices against viruses, spyware, hacker attacks, and online identity theft. It also helps block spam calls and messages and eliminate malicious apps that may risk privacy. Mobile security is seen as the key to win the war against new generation of cyber attackers.

Mobile security comes in many forms such as inbuilt in devices. For instance, iPhone comes with a default auto lock feature that requires the user to enter a password after a few minutes of inactivity. Other mobile security protections are built into the network such as strong encryption standards for data travelling across cellular networks.

The analysts forecast mobile security market in Latin America to grow at a CAGR of 32.28% over the period 2014-2019.

Covered in this Report

In this report, The analyst covers the present scenario and growth prospects of the mobile security market in Latin America for the period 2015-2019. To calculate the market size, the analyst considers the revenue generated from the sales of mobile security solutions in Latin America. The report also includes market insights, market description, and market landscape of the mobile security market in Latin America.

The market is highly fragmented with the presence of several small and large vendors. The report does not include the market share of all vendors; it only presents the list of key vendors and a corresponding detailed analysis of the same.

The report, Mobile Security Market in Latin America 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key Vendors

  • Checkpoint Software Technologies
  • Cisco Systems
  • Kaspersky
  • McAfee
  • Symantec

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Other Prominent Vendors

  • Citrix Systems
  • FireEye
  • Fortinet
  • F-secure
  • IBM
  • Juniper Networks
  • Palo Alto Networks
  • Panda Security
  • Sophos
  • Wontok

Market Driver

  • Increased Usage of Mobile Devices

Market Challenge

  • Obsolescence of Security Solutions

Market Trend

  • Popularity of SaaS-based Mobile Security Solutions

Key Questions Answered in this Report

  • What will the market size be in 2019 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

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