Mobile Security Software Market Growth, Trends, Price, Segment and Forecaststo 2020

Technavio Announces the Publication of its Research Report Global Mobile Security Software Market 2016-2020

Technavio recognizes the following companies as the key players in the global mobile security software market: Kaspersky Lab, McAfee, and Symantec.

Other Prominent Vendors in the market are: AegisLab, Apple, Avast, Bitdefender, BullGuard, CA Technologies, Cisco, Fortinet, F-Secure, Juniper Networks, Quick Heal, Sophos, and Trend Micro.

Browse full report with TOC@ https://marketreportscenter.com/reports/403827/global-mobile-security-software-market-2016-2020

Commenting on the report, an analyst from Technavios team said: Rising adoption of multi-factor authentication will be a key trend for market growth. Multi-factor authentication is a verification technique that uses two or more different authentication methods. This acts as an additional security layer and prevents unauthorized access to financial details of customers. Multi-factor authentication solutions incorporate the use of various authentication techniques such as smart cards, phone-based authentication, and biometrics technologies to authenticate payment transactions on mobile devices such as smartphones, tablets, and laptops. For instance, fingerprint biometrics can be used with phone-based authentication and smart card-based authentication to authenticate an individual for mobile payments. In addition, multi-factor authentication does not require the installation of any hardware.”

According to the report, one of the key drivers for market growth will be increased access to high-speed internet with 3G and 4G networks. Technological advances in mobile networks are one of the major factors contributing to the growing adoption of the mobile security software. In developed countries, mobile operators are investing heavily to expand 3G and 4G networks. In 2014, the global 3G/4G connections were less than 50%, which will grow 30% of new connection by 2020.

Further, the report states...