Mobile Data Protection Market - Forecast(2024 - 2030)
Mobile Data Protection Market Overview
Mobile Data Protection Market Size is forecast to
reach $2 billion by 2027, at a CAGR of 20% during 2022-2027. Mobile Data Protection is a category of
products for securing data on moveable storage systems such as laptops,
smartphones, and removable media. Mobile data protection
provides common protection policies across multiple platforms along with
auditable proof that data is protected. The advancing dynamicity in business
ecology with rising adoption of various technological developments such as
social media and cloud, with the growing trend of bring your own device and
increased penetration of mobile devices among companies has driven the growth
of the market. Mobile Device management (MDM) is a category of applications
for managing smartphones that enables data security and hence provides data
loss prevention. Third Generation Partnership Project developed multimedia
messaging service to enable the transmission of multimedia content through text
messages.
Mobile Data Protection Market Report Coverage
The
report: “Mobile Data Protection Market Report–
Forecast (2022-2027)”, by Industry ARC covers an in-depth analysis of the
following segments of the Mobile Data Protection industry
Key Takeaways
- North America is one of the most significant regions for the Mobile Data Protection market, owing to the technological advancements which has resulted in the adoption of mobile data protection solution and services to streamline manufacturing activities.
- Aerospace sector is expected to witness a highest CAGR of 8% the forecast period, owing to various factors such as increase in sales of aircrafts where the mobile data protection services are used to enhance the designing, structural analysis, testing and others.
- Mobile Data Protection are strengthening their position through mergers & acquisitions and continuously investing in research and development (R&D) activities of the industrial manufacturing along with a vision to come up with solutions to cater to the changing requirements of customers.
Global Mobile Data Protection Market, By Region, 2021
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Mobile Data Protection Market Segment Analysis - By Deployment
The cloud segment is growing at a significant market value in the
forecast period as it is used by most of the end users to store and process their critical data within the firewall
of organizations and the cloud also provides high levels of security and encryption. Cloud provides the
ability to spend more on the hardware and storage options due to which large
enterprises use more the cloud. Private cloud is a software-as-service platform
for storing and accessing critical data. Presence of a vast Energy sector in
the country’s such as UAE, Kuwait and other middle east countries where the
Crude Oil is a major one makes it a prosper economy contributing approx. 40% to
the annual GDP as per OPEC in 2020. It has 101.5 billion barrels of proven Oil
reserves which is making Oil and Gas a leading and most important sector of the
country's economy. All these factors are analyzed to boost the growth of the
market in the forecast period 2022-2027.
Mobile Data
Protection Market Segment Analysis - By Industry Verticals
Aerospace
is expected to witness a highest CAGR of 8% the forecast period as the
aerospace sector is dedicated on delivering
innovative and precise aerospace engineering services. In the
recent years, the aerospace industry is facing high expenditure in R&D
activities resulting in adoption of product engineering services for material
engineering, product development, testing services and others. According
to European Union, the total turnover of EU aerospace sector was $151 billion
with maximum spending in R&D. Around 12% of turnover is directed towards
R&D in aerospace industry. In 2020, the increasing number of
Boeing Projects for the increasing demand for aviation services in Asia Pacific
region. The rise in airplane reliability requirements in recent years has been
compelled by the Federal Aviation Administration (FAA), which boosts
worldwide confidence in the safety of aircraft and aircraft parts produced in
the U.S. This has led to increased preference for mobile data protection
services. Hence
these factors are analyzed to drive the product engineering services Market Size
in the forecast period 2022-2027.
Mobile Data
Protection Market Segment Analysis - By Geography
North America region is dominating Mobile Data Protection Market growth. This region held significant market share of 51% in 2021. The U.S. Aerospace and Defense (A&D) industry is one of the world’s leading innovator and producer of technologically advanced aircraft, space and defense systems. With the growing developments, the government of this region has announced several fundings, initiatives for the development of these sectors. U.S. is a developed economy and the country’s GDP has been growing at a significant rate owing to the large industrial base and is also analyzed to hold highest market share in the North American region. As stated by World Bank the GDP has risen to $21.43Trillion in 2020 from $19.48 Trillion in 2017 which are analyzed to fuel the growth of the market in the forecast period.
Mobile Data Protection Market Drivers
Surge in adoption of product engineering services in smart manufacturing:
The
remarkable growth of the manufacturing sector accompanied with the adoption of
Internet of Things (IoT), Artificial Intelligence and others have driven the
growth of the market as there is rise in stealing of information located
out on the factory floor rather than in a secure data network. Protecting
intellectual property is a major goal of cybersecurity in the manufacturing
industry owing to which mobile data protection is adopted. Countries in Europe have been planning to invest in automation
technologies in industries. For instance, in 2020, U.K. government had invested
$40 million to use industrial digital technologies to transform manufacturing
productivity. By 2030, the government has also planned to raise productivity by
30% by investing more in projects that support automation which drives the market
in future as it increases the security.
Emergence of IoT:
IoT
provides the potential to control more devices more effectively and more
affordably that makes it much easier to gather and manage large volumes of
plant floor data not only in an individual plant, but throughout multiple
facilities through the cloud and many
manufacturing plants rely on a network of sensors, equipment, and other devices
to constantly collect and analyze data from their production processes. When combined with analytics,
organizations can obtain greater insights, enabling them to boost manufacturing
performance, improve product quality and carry out preventative maintenance.
Growing supply chain complexity has increased the demand for mobile data
protection which set to provide opportunities for the market growth.
Mobile Data Protection Market Challenges
Cost of maintaining data privacy is high:
Although, the
adoption of mobile data protection enables data security in smartphones,
laptops and others but the total average cost of data breach is high due to
which the organizations face intense regulatory penalties from an array of entities. This high maintenance cost is set
to negatively impact the procurement of mobile data protection market during
the forecast period 2022-2027.
Mobile Data Protection Industry Outlook
Product
launches, acquisitions, Partnerships and R&D activities are key strategies
adopted by players in the Mobile Data Protection Market.
Top players operative in Mobile Data Protection are Microsoft Corporation, Dell, Inc., Intel Corporation, CISCO Systems, EMC
Corporation, Trend Micro, Inc., Symantec Corporation, HP, Sophos, Check Point Software
Technologies Ltd. among others.
Recent Developments
- In September 2021, Appselling introduced mobile application security solution through which companies can protect a slew of sensitive data such as authentication tokens and others.
- In December 2021, Datadog, Inc. launched sensitive data scanner which is a solution to detect, classify and protect sensitive data found in their application logs, helping them comply with regulatory requirements.
Relevant Report Titles:
Risk Management Software Market:Report Code: ITR 0186
SaaS-based SCM Market:
Report Code: ITR 97930
For more Information and Communications Technology related reports, please click here
LIST OF TABLES
1.Global MDP Market Analysis By Solution Market 2023-2030 ($M)2.Global MDP Market Analysis By Service Market 2023-2030 ($M)
2.1 Implementation Market Market 2023-2030 ($M) - Global Industry Research
2.2 Training & Support Market Market 2023-2030 ($M) - Global Industry Research
2.3 Consulting Market Market 2023-2030 ($M) - Global Industry Research
2.4 Managed Services Market Market 2023-2030 ($M) - Global Industry Research
3.Global MDP Market Analysis By Deployment Market 2023-2030 ($M)
3.1 Cloud Market Market 2023-2030 ($M) - Global Industry Research
3.2 On-Premises Market Market 2023-2030 ($M) - Global Industry Research
4.Global MDP Market Analysis By Industry Vertical Market 2023-2030 ($M)
4.1 Manufacturing Market Market 2023-2030 ($M) - Global Industry Research
4.2 BFSI Market Market 2023-2030 ($M) - Global Industry Research
4.3 Healthcare Market Market 2023-2030 ($M) - Global Industry Research
4.4 Public Sector Market Market 2023-2030 ($M) - Global Industry Research
4.5 Telecom Market Market 2023-2030 ($M) - Global Industry Research
4.6 Retail Market Market 2023-2030 ($M) - Global Industry Research
4.7 Energy & Utilities Market Market 2023-2030 ($M) - Global Industry Research
4.8 Travel & Hospitality Market Market 2023-2030 ($M) - Global Industry Research
4.9 Education Market Market 2023-2030 ($M) - Global Industry Research
4.10 Aerospace & Defense Market 2023-2030 ($M) - Global Industry Research
5.Global MDP Market Analysis By Solution Market 2023-2030 (Volume/Units)
6.Global MDP Market Analysis By Service Market 2023-2030 (Volume/Units)
6.1 Implementation Market Market 2023-2030 (Volume/Units) - Global Industry Research
6.2 Training & Support Market Market 2023-2030 (Volume/Units) - Global Industry Research
6.3 Consulting Market Market 2023-2030 (Volume/Units) - Global Industry Research
6.4 Managed Services Market Market 2023-2030 (Volume/Units) - Global Industry Research
7.Global MDP Market Analysis By Deployment Market 2023-2030 (Volume/Units)
7.1 Cloud Market Market 2023-2030 (Volume/Units) - Global Industry Research
7.2 On-Premises Market Market 2023-2030 (Volume/Units) - Global Industry Research
8.Global MDP Market Analysis By Industry Vertical Market 2023-2030 (Volume/Units)
8.1 Manufacturing Market Market 2023-2030 (Volume/Units) - Global Industry Research
8.2 BFSI Market Market 2023-2030 (Volume/Units) - Global Industry Research
8.3 Healthcare Market Market 2023-2030 (Volume/Units) - Global Industry Research
8.4 Public Sector Market Market 2023-2030 (Volume/Units) - Global Industry Research
8.5 Telecom Market Market 2023-2030 (Volume/Units) - Global Industry Research
8.6 Retail Market Market 2023-2030 (Volume/Units) - Global Industry Research
8.7 Energy & Utilities Market Market 2023-2030 (Volume/Units) - Global Industry Research
8.8 Travel & Hospitality Market Market 2023-2030 (Volume/Units) - Global Industry Research
8.9 Education Market Market 2023-2030 (Volume/Units) - Global Industry Research
8.10 Aerospace & Defense Market 2023-2030 (Volume/Units) - Global Industry Research
9.North America MDP Market Analysis By Solution Market 2023-2030 ($M)
10.North America MDP Market Analysis By Service Market 2023-2030 ($M)
10.1 Implementation Market Market 2023-2030 ($M) - Regional Industry Research
10.2 Training & Support Market Market 2023-2030 ($M) - Regional Industry Research
10.3 Consulting Market Market 2023-2030 ($M) - Regional Industry Research
10.4 Managed Services Market Market 2023-2030 ($M) - Regional Industry Research
11.North America MDP Market Analysis By Deployment Market 2023-2030 ($M)
11.1 Cloud Market Market 2023-2030 ($M) - Regional Industry Research
11.2 On-Premises Market Market 2023-2030 ($M) - Regional Industry Research
12.North America MDP Market Analysis By Industry Vertical Market 2023-2030 ($M)
12.1 Manufacturing Market Market 2023-2030 ($M) - Regional Industry Research
12.2 BFSI Market Market 2023-2030 ($M) - Regional Industry Research
12.3 Healthcare Market Market 2023-2030 ($M) - Regional Industry Research
12.4 Public Sector Market Market 2023-2030 ($M) - Regional Industry Research
12.5 Telecom Market Market 2023-2030 ($M) - Regional Industry Research
12.6 Retail Market Market 2023-2030 ($M) - Regional Industry Research
12.7 Energy & Utilities Market Market 2023-2030 ($M) - Regional Industry Research
12.8 Travel & Hospitality Market Market 2023-2030 ($M) - Regional Industry Research
12.9 Education Market Market 2023-2030 ($M) - Regional Industry Research
12.10 Aerospace & Defense Market 2023-2030 ($M) - Regional Industry Research
13.South America MDP Market Analysis By Solution Market 2023-2030 ($M)
14.South America MDP Market Analysis By Service Market 2023-2030 ($M)
14.1 Implementation Market Market 2023-2030 ($M) - Regional Industry Research
14.2 Training & Support Market Market 2023-2030 ($M) - Regional Industry Research
14.3 Consulting Market Market 2023-2030 ($M) - Regional Industry Research
14.4 Managed Services Market Market 2023-2030 ($M) - Regional Industry Research
15.South America MDP Market Analysis By Deployment Market 2023-2030 ($M)
15.1 Cloud Market Market 2023-2030 ($M) - Regional Industry Research
15.2 On-Premises Market Market 2023-2030 ($M) - Regional Industry Research
16.South America MDP Market Analysis By Industry Vertical Market 2023-2030 ($M)
16.1 Manufacturing Market Market 2023-2030 ($M) - Regional Industry Research
16.2 BFSI Market Market 2023-2030 ($M) - Regional Industry Research
16.3 Healthcare Market Market 2023-2030 ($M) - Regional Industry Research
16.4 Public Sector Market Market 2023-2030 ($M) - Regional Industry Research
16.5 Telecom Market Market 2023-2030 ($M) - Regional Industry Research
16.6 Retail Market Market 2023-2030 ($M) - Regional Industry Research
16.7 Energy & Utilities Market Market 2023-2030 ($M) - Regional Industry Research
16.8 Travel & Hospitality Market Market 2023-2030 ($M) - Regional Industry Research
16.9 Education Market Market 2023-2030 ($M) - Regional Industry Research
16.10 Aerospace & Defense Market 2023-2030 ($M) - Regional Industry Research
17.Europe MDP Market Analysis By Solution Market 2023-2030 ($M)
18.Europe MDP Market Analysis By Service Market 2023-2030 ($M)
18.1 Implementation Market Market 2023-2030 ($M) - Regional Industry Research
18.2 Training & Support Market Market 2023-2030 ($M) - Regional Industry Research
18.3 Consulting Market Market 2023-2030 ($M) - Regional Industry Research
18.4 Managed Services Market Market 2023-2030 ($M) - Regional Industry Research
19.Europe MDP Market Analysis By Deployment Market 2023-2030 ($M)
19.1 Cloud Market Market 2023-2030 ($M) - Regional Industry Research
19.2 On-Premises Market Market 2023-2030 ($M) - Regional Industry Research
20.Europe MDP Market Analysis By Industry Vertical Market 2023-2030 ($M)
20.1 Manufacturing Market Market 2023-2030 ($M) - Regional Industry Research
20.2 BFSI Market Market 2023-2030 ($M) - Regional Industry Research
20.3 Healthcare Market Market 2023-2030 ($M) - Regional Industry Research
20.4 Public Sector Market Market 2023-2030 ($M) - Regional Industry Research
20.5 Telecom Market Market 2023-2030 ($M) - Regional Industry Research
20.6 Retail Market Market 2023-2030 ($M) - Regional Industry Research
20.7 Energy & Utilities Market Market 2023-2030 ($M) - Regional Industry Research
20.8 Travel & Hospitality Market Market 2023-2030 ($M) - Regional Industry Research
20.9 Education Market Market 2023-2030 ($M) - Regional Industry Research
20.10 Aerospace & Defense Market 2023-2030 ($M) - Regional Industry Research
21.APAC MDP Market Analysis By Solution Market 2023-2030 ($M)
22.APAC MDP Market Analysis By Service Market 2023-2030 ($M)
22.1 Implementation Market Market 2023-2030 ($M) - Regional Industry Research
22.2 Training & Support Market Market 2023-2030 ($M) - Regional Industry Research
22.3 Consulting Market Market 2023-2030 ($M) - Regional Industry Research
22.4 Managed Services Market Market 2023-2030 ($M) - Regional Industry Research
23.APAC MDP Market Analysis By Deployment Market 2023-2030 ($M)
23.1 Cloud Market Market 2023-2030 ($M) - Regional Industry Research
23.2 On-Premises Market Market 2023-2030 ($M) - Regional Industry Research
24.APAC MDP Market Analysis By Industry Vertical Market 2023-2030 ($M)
24.1 Manufacturing Market Market 2023-2030 ($M) - Regional Industry Research
24.2 BFSI Market Market 2023-2030 ($M) - Regional Industry Research
24.3 Healthcare Market Market 2023-2030 ($M) - Regional Industry Research
24.4 Public Sector Market Market 2023-2030 ($M) - Regional Industry Research
24.5 Telecom Market Market 2023-2030 ($M) - Regional Industry Research
24.6 Retail Market Market 2023-2030 ($M) - Regional Industry Research
24.7 Energy & Utilities Market Market 2023-2030 ($M) - Regional Industry Research
24.8 Travel & Hospitality Market Market 2023-2030 ($M) - Regional Industry Research
24.9 Education Market Market 2023-2030 ($M) - Regional Industry Research
24.10 Aerospace & Defense Market 2023-2030 ($M) - Regional Industry Research
25.MENA MDP Market Analysis By Solution Market 2023-2030 ($M)
26.MENA MDP Market Analysis By Service Market 2023-2030 ($M)
26.1 Implementation Market Market 2023-2030 ($M) - Regional Industry Research
26.2 Training & Support Market Market 2023-2030 ($M) - Regional Industry Research
26.3 Consulting Market Market 2023-2030 ($M) - Regional Industry Research
26.4 Managed Services Market Market 2023-2030 ($M) - Regional Industry Research
27.MENA MDP Market Analysis By Deployment Market 2023-2030 ($M)
27.1 Cloud Market Market 2023-2030 ($M) - Regional Industry Research
27.2 On-Premises Market Market 2023-2030 ($M) - Regional Industry Research
28.MENA MDP Market Analysis By Industry Vertical Market 2023-2030 ($M)
28.1 Manufacturing Market Market 2023-2030 ($M) - Regional Industry Research
28.2 BFSI Market Market 2023-2030 ($M) - Regional Industry Research
28.3 Healthcare Market Market 2023-2030 ($M) - Regional Industry Research
28.4 Public Sector Market Market 2023-2030 ($M) - Regional Industry Research
28.5 Telecom Market Market 2023-2030 ($M) - Regional Industry Research
28.6 Retail Market Market 2023-2030 ($M) - Regional Industry Research
28.7 Energy & Utilities Market Market 2023-2030 ($M) - Regional Industry Research
28.8 Travel & Hospitality Market Market 2023-2030 ($M) - Regional Industry Research
28.9 Education Market Market 2023-2030 ($M) - Regional Industry Research
28.10 Aerospace & Defense Market 2023-2030 ($M) - Regional Industry Research
LIST OF FIGURES
1.US Mobile Data Protection Market Revenue, 2023-2030 ($M)2.Canada Mobile Data Protection Market Revenue, 2023-2030 ($M)
3.Mexico Mobile Data Protection Market Revenue, 2023-2030 ($M)
4.Brazil Mobile Data Protection Market Revenue, 2023-2030 ($M)
5.Argentina Mobile Data Protection Market Revenue, 2023-2030 ($M)
6.Peru Mobile Data Protection Market Revenue, 2023-2030 ($M)
7.Colombia Mobile Data Protection Market Revenue, 2023-2030 ($M)
8.Chile Mobile Data Protection Market Revenue, 2023-2030 ($M)
9.Rest of South America Mobile Data Protection Market Revenue, 2023-2030 ($M)
10.UK Mobile Data Protection Market Revenue, 2023-2030 ($M)
11.Germany Mobile Data Protection Market Revenue, 2023-2030 ($M)
12.France Mobile Data Protection Market Revenue, 2023-2030 ($M)
13.Italy Mobile Data Protection Market Revenue, 2023-2030 ($M)
14.Spain Mobile Data Protection Market Revenue, 2023-2030 ($M)
15.Rest of Europe Mobile Data Protection Market Revenue, 2023-2030 ($M)
16.China Mobile Data Protection Market Revenue, 2023-2030 ($M)
17.India Mobile Data Protection Market Revenue, 2023-2030 ($M)
18.Japan Mobile Data Protection Market Revenue, 2023-2030 ($M)
19.South Korea Mobile Data Protection Market Revenue, 2023-2030 ($M)
20.South Africa Mobile Data Protection Market Revenue, 2023-2030 ($M)
21.North America Mobile Data Protection By Application
22.South America Mobile Data Protection By Application
23.Europe Mobile Data Protection By Application
24.APAC Mobile Data Protection By Application
25.MENA Mobile Data Protection By Application
26.EMC Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Microsoft Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Intel Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Sophos, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Check Point Software Technologies Ltd., Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Symantec Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Hewlett-Packard, Sales /Revenue, 2015-2018 ($Mn/$Bn)