It was appreciated at us 1 75 billion and is projected to witness weakening development above the prediction period.
Mobile application security market size.
According to a recent report published by allied market research titled mobile security market by operating system end user enterprise solution type industry vertical and enterprise size.
The global mobile security market size is expected to grow from usd 3 0 billion in 2019 to usd 7 2 billion by 2024 at a compound annual growth rate cagr of 19 4 during the forecast period.
The global mobile security market size was valued at 19 83 billion in 2019 and is projected to reach 122 89 billion by 2027 growing at a cagr of 25 8 from 2020 to 2027.
Market size by region 2017 2024 usd million table 10 others.
Mobile security market study aims at estimating the size of the market and its future growth potential across differ market synopsis worldwide mobile security market is expected to grow from usd 10 50 billion in 2017 to usd 48 85 billion by 2023 at a compound annual growth rate cagr of 29 55 during the forecast period.
Rapid technological developments in the mobile device smartphone tablet and laptops market have been witnessed in the last decade whether in storage performance application capability.
The market on the source of type of solutions could span mobile application security web application security.
Rising security breaches at the business application level are expected to drive the adoption.
Press release mobile application development platforms market size share report 2020 shipments price revenue and gross profit till 2025 with impact of covid 19.
Currently the software application has become an integral part of any business environment irrespective of the prime business operation of the company.
The web application security solution was the biggest market in the year 2015.
The latest survey on global application security market is conducted covering various organizations of the industry from different.
According to verified market research global application security market was valued at usd 3 77 billion in 2018 and is projected to reach usd 29 02 billion by 2026 growing at a cagr of 28 9 from 2019 to 2026.
Mobile security is one of the key elements within mobile devices as it provides better security function to smart phones laptop and tablets.
Application security market size and forecast.
The global application security market size was estimated at usd 2 05 billion in 2015.
Opportunity analysis and industry forecast 2020 2027 the global mobile security market was valued at 19 83 billion in 2019 and is projected to reach 122 89 billion by 2027 growing at a cagr.
Figure 16 increasing adoption of web and mobile based business applications and growing demand for cloud based technologies to drive the security analytics market.