The global mobile security market is expected to grow at a CAGR of 14.6% during the forecast period. 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.
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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.
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
A full report of Mobile Security Market available @ https://www.omrglobal.com/industry-reports/mobile-security-market
Company Profiles
- AO Kaspersky Lab
- Apple Inc.
- Avast Group
- Check Point Software Technologies Ltd.
- Cloud Software Group, Inc.
- Codeproof Technologies Inc.
- ESET, spol. s r. o.
- Fortinet, Inc.
- Ivanti
- Keeper Security, Inc.
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