Asia-Pacific Mobile Security Market Is Expected to Reach $7.5 Billion, Globally by 2020

A new report published by Allied Market Research titled "Asia-Pacific Mobile Security Market - Global Opportunity Analysis and Industry Forecast, 2014 - 2020". The Asia-Pacific mobile security market would garner revenue of $7.5 billion by 2020, registering a CAGR of nearly 43% during the forecast period (2015 2020). Mobile data protection solution is expected to exhibit fastest growth, at a CAGR of around 44% from 2015 to 2020. China is expected to be the highest revenue generating region during the forecast period for mobile security market, followed by Japan and Singapore.

According to types of mobile security, the market is bifurcated into E-mail and Anti-virus security. E-mail security constituted 52% share of the overall market revenue in 2014, and is expected to dominate the overall Asia-Pacific mobile security market during the forecast period. Android was the largest revenue-generating operating system segment of mobile security market, which accounted for nearly 57% of the total Asia-Pacific market revenue in 2014. This segment is expected to maintain its dominance throughout the analysis period due to the massive growth in the number and usage of Android devices.

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Based on end users, the enterprise segment occupies major market share. This segment is anticipated to generate a revenue of $6.4 billion by 2020, registering a CAGR of nearly 43% during 2015 - 2020. The increasing trend of BYOD in various enterprises and the need to secure confidential corporate data are the prime factors boosting the growth of mobile security market.

Geographically, China is the highest revenue generating country in the APAC mobile security market, followed by Japan and Singapore. The growth in China is supplemented by factors such as higher rate of adoption of mobile devices as it is one of the largest smartphone markets, worldwide. In addition, India would exhibit...