Mobile data protection solutions (MDP) offers information protection rules by managing encryption of the data on the main storage system in different information storage platforms, including hard drives, removable media used in coalition with workstations and smartphones. The mobile data protection solutions and services market is projected to gain thrust due to various benefits. Users can firmly access, store, transfer, and share data. MDP also makes security management simpler. The report provides analysis of global mobile data protection solutions and services market for the period 2016-2026, wherein 2018 to 2026 is the forecast period and 2017 is considered as the base year. According to Acumen Research and Consulting, the global mobile data protection solutions and services market is expected to grow at significant CAGR above 26% throughout the forecast period and reach around USD 18 billion by 2026.
Growth in data loss or theft incidences, growing technological advancements in mobile data protection solutions, increasing need for high data security, rising adoption in BFSI and IT & telecom industries and initiatives taken by governments are some of the fundamental factors that are driving the mobile data protection solutions and services market growth globally. Owing to the growth in the incidences of data loss or data theft across the world, the adoption of mobile data protection solutions and services is increasing rapidly, thereby fuelling the growth of the market. Moreover, the initiatives taken by governments across the globe are resulting in the high demand for mobile data protection solutions and services. The large number of technological advancements has taken place in the mobile data protection solutions and services market in more recent times. Small and medium enterprises (SMEs) are increasingly implementing cloud based mobile data protection solutions and services. To safeguard the vast amount of confidential data within the organizations, the enterprises and SMBs have been broadly considering the usage of mobile data protection solutions. IT & telecom, BFSI, education, healthcare and government sectors commonly use mobile data protection solutions and services. Mobile data protection solutions can be modified in order to match the needs of the business of SMBs, and can be easily deployed on the on-premises and cloud. However, high operational cost may restrict the growth of the overall market.
Mobile Data Protection Solutions and Services Market, By Platform:
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Global Mobile data protection solutions and services Market, by Geography
The market research study on “Mobile Data Protection Solutions and Services (By Platform: Platform –Windows, Android, iOS, MacOS, Blackberry, Linux; By Deployment Type: Cloud, On-Premise; By Industry Vertical: Education, Healthcare, Retail, BFSI [Banking, Financial Services and Insurance], Government, IT and Telecom, Manufacturing, Media and Entertainment, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026” offers a detailed insights on global mobile data protection solutions and services market segments with market dynamics and their impact. The report provides insights on global mobile data protection solutions and services market by platform, deployment, enterprise size, industry vertical and major geographic regions. The report also covers basic technology development policies.
The global mobile data protection solutions and services market is characterized by the presence of experienced and established players. Some of the key players include Microsoft Corporation, Cisco Systems, Inc., Hewlett Packard Enterprise, Symantec Corporation, Intel Corporation, McAfee LLC and Check Point Software Technologies Ltd.