Mobile Data Protection Market by Solutions & by Services - Global Forecast to 2019

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Jan 26, 2015, 06:47 ET

DUBLIN, Jan. 23, 2015 /PRNewswire/ --Research and Markets

(http://www.researchandmarkets.com/research/cw68th/mobile_data) has announced the addition of the "Mobile Data Protection Market by Solutions & by Services - Global Forecast to 2019" report to their offering.

The global Mobile Data Protection (MDP) market is in its developed stage and still exhibits extensive growth. MDP market is expected to grow in the years to come with fast-paced adoption among enterprises. Nowadays, enterprises are seeking real-time access to organizational data along with transferring of data over mobile devices. In addition, the expansive adoption of BYOD trend among companies has leveraged mobile technology to open newer avenues for real-time access to business information along with facilitating flexible work culture. However, this has further increased the propensity of data loss and theft through mobile devices comprising business data.

The growing concern about data loss and theft, and increased usage of mobile devices for business work has significantly added to the rise in the adoption of mobile data protection solutions. Furthermore, the rise in the intensity and volume of cyber-attacks on mobile devices has fortified companies to extensively adopt MDP solution. In addition, there has been an increase in the number of theft and loss of mobile devices such as flash drives, smartphones, and tablets, which thereby leads to the organizational data loss and misuse. Thus, these factors have encouraged enterprises to adopt MDP solutions to safeguard the critical business data.

With the continuous progressions in the data protection technologies such as up gradation to next-generation firewalls, has further leveraged mobile data protection vendors to offer improved data protection solution to safeguard against superior cyber-attacks. In addition, the telecom network providers, third-party service providers, and cloud service providers have been offering augmented data protection solutions and services to better suit the needs of enterprises and SMBs. The prominence of MDP solutions is enormous among companies, thereby developing prospects for MDP vendors, telecom network operators, cloud service providers, third-party service providers, and technology providers.

The forward looking businesses have incorporated BYOD along with mobile data protection solutions as a domineering growth strategy. Due to advanced flexible work patterns, enhanced mobile data security, and backup and recovery along with secure real-time access to business information, companies are rapidly adopting these solutions. However, mobile data protection solutions face the challenges of lack of awareness about its functioning, additional operational cost, and demand for skillful IT resources for data management among companies, thereby inhibiting its adoption across various organizations, especially SMBs that have budget constraints.

The global mobile data protection market is expected to grow from $1.29 billion in 2014 to $3.54 billion by 2019, at a Compound Annual Growth Rate (CAGR) of 22.4% during the forecast period 2014 - 2019.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Mobile Data Protection Market Analysis, By Solution

8 Mobile Data Protection Market Analysis, By Service

9 Mobile Data Protection Market Analysis, By Deployment

10 Mobile Data Protection Market Analysis, By User

11 Mobile Data Protection Market Analysis, By Industry Vertical

12 Geographical Analysis

13 Competitive Landscape

14 Company Profile

15 Appendix

Companies Mentioned: