Rising Number of Third-Party Applications to Boost the Global Mobile Security Market Growth

Published: Nov 2023

The global mobile security market is expected to grow at a CAGR of 14.6% during the forecast period (2023-2030). However, the growing adoption of third-party applications poses a significant security risk to mobile devices, as those applications are often developed by smaller and less well-known companies compared to the mobile device manufacturers. As a result, third-party applications may be less secure and more likely to contain vulnerabilities that can be exploited by cybercriminals. Additionally, third-party applications often require access to a wide range of permissions, such as access to the device's location, contacts, and camera. This provides cybercriminals with the opportunity to steal sensitive data from mobile devices or to take control of the devices and use them for malicious purposes. Finally, third-party applications can be used to distribute malware to mobile devices. Malware is malicious software that can damage or disable mobile devices, steal data, or spy on users. Cybercriminals often disguise malware as legitimate third-party applications to trick users into downloading and installing it. Organizations should carefully consider the security risks posed by third-party applications before deploying them on mobile devices. To mitigate these risks, organizations should implement strong mobile security solutions and educate employees about the dangers of third-party applications.

Browse the full report description of “Mobile Security Market Size, Share & Trends Analysis Report by Solution (Authentication, Application Security, Device Security, and Managed Services), by Deployment (On-premises, and Cloud-based), by Operating System (OS) (Android, IOS, and Others (Windows, Blackberry OS)), and by End-User (Individual, and Enterprise) Forecast Period (2023-2030)” at https://www.omrglobal.com/industry-reports/mobile-security-market

In 2021, a malicious app named "Fast Cleaner" was discovered on the Google Play Store. Adware HiddenAds and Joker, two other malicious apps, were discovered in 2019 and 2020, respectively. These apps were disguised as system cleaners, optimizers, and other legitimate apps, but they were spyware that could collect personal data from users and track their online activity. They could also subscribe users to premium SMS services without their knowledge or consent.

Market Coverage

The market number available for – 2022-2030

Base year- 2022

Forecast period- 2023-2030

Segment Covered- 

o By Solution

o By Deployment

o By Operating System (OS)

o By End-User

Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape includes Bitdefender Home Solutions, Broadcom Inc., F-Secure, McAfee, LLC., Trend Micro Inc., and others.

Key questions addressed by the report

What is the market growth rate?

Which segment and region dominate the market in the base year?

Which segment and region will project the fastest growth in the market?

Who is the leader in the market?

How are players addressing challenges to sustain growth?

Where is the investment opportunity?

Global Mobile Security Market Report Segment

By Solution

  • Authentication
  • Application Security
  • Device Security
  • Managed Services

By Deployment

  • On-Premise
  • Cloud-Based

By Operating System (OS)

  • Android
  • IOS
  • Others (Windows, Blackberry OS)

By End-User

  • Individual
  • Enterprise

Global Mobile Security Market Report Segment by Region

North America

United States

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe 

Asia-Pacific

China

India

Japan

South Korea

Rest of Asia-Pacific 

Rest of the World

Latin America 

Middle East & Africa


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