Mobile and network security systems integration could reach 11 billion dollar worth of spending globally at the end of 2014 as forecasted by SNS Research.
SNS Research is one of the leading market intelligence and consulting firms for telecommunications industry worldwide.
US –based firm report stated that universal expenditure on mobile and network security system includes device, infrastructures, software and other security services.
It has been noted that mobile networks worldwide already generated above 86 Exabytes of traffic yearly. This huge volume of traffic with the expanding assumption of various Operating System (OS) including Android resulted to more security threats that increase problems with enterprises, consumers and mobile network operators around the globe.
The situation leads to uprising of security system integration investments by both mobile users and operators offered by mobile security sub-markets.
SNS Research also estimated that the market will continuously grow at a CAGR of nearly 20% over the next 6 years.
Entitled “Mobile Security (mSecurity) Bible: 2014 – 2020”, SNS report presents an in-depth assessment of the global mobile device and network security market, and covers four individual sub-markets.
According to a site, the report will present comprehensive forecasts for the mobile device and network security market from 2014 till 2020. The forecasts and historical revenue figures are individually segmented for four submarkets, 17 product/service categories, six geographical regions and 34 countries.
The report will be of value to current and future potential investors into the mobile security sector, as well as wireless carriers, enterprises, MDM/mobile security service providers and infrastructure/device/software vendors who wish to broaden their knowledge of the ecosystem.