The mobile security market to reach $3.95 billion in global revenues by 2016.

Monday 30 January 2012, Amsterdam

A new management report "Mobile Device Security 2011-2016" examines rapidly growing threats targeting mobile devices such as data and ID theft, SMS fraud, rogue apps and covert espionage. This research shows that the number of mobile malware more than doubled in 2011 from 2010. Popular PC-related viruses, such as the ZeuS phishing Trojan which steals banking information, have now infected mobile operating systems. Malicious software targeting mobiles is well developed and is already capable of stealing data, corrupting functions and usurping control.

Cybercriminals are actively exploiting the popularity of smartphones and tablets. Low user awareness of the risks, and lax security enforcement within organisations are enabling easy opportunities for illegitimate monetisation. The recent high-profile exposure of Android malware has prompted the rise of a lucrative market for security software and services for mobile devices.

This potentially huge market has many dynamics of monetization, user and enterprise habits, fierce competition and IT trends dictating its development. They are expecting that the mobile security market will reach $3.95 billion in global revenues by 2016. Mobile Device Security 2011 - 2016 investigates the latest mobile threats and examines the most efficient protection mechanisms. The report provides a detailed breakdown of all these facets, including market forecasts for growth and detailed analysis of development prospects for the period 2011-2016.

Operators and vendors working in mobile markets will learn essential information concerning mobile risks and solutions, key players in the mobile security market, their strategies and business models. The report contains exclusive interviews with leading security experts from McAfee, AVG, Panda Security, Lookout, SmrtGuard, Mobile Security Labs, BullGuard, Telefónica and Vodafone.

Mobile threats are a growing menace and will become as prevalent and as dangerous as for PCs. This report will help readers to understand the risks, safeguard against attacks and protect their devices and data accordingly, be it for SMBs, large organisations, software vendors, handset manufacturers, service providers or mobile network operators.