In its new report titled “Mobile Security Opportunities: Strategies for Tablets, Smartphones & Feature phones 2011-2016,” Juniper Research predicts that the market for security software for mobile devices and tablets will reach almost $3.7 billion by 2016, with enterprise and business users accounting for almost 69% of the market.
Unsurprisingly, the recent series of high-profile security alerts, including Britain’s “News of the World” hacking scandal, has heightened the public’s awareness of the vulnerability of mobile devices. Juniper has found that businesses have begun spending more on mobile device security applications as they become a critical part of enterprise policy.
Some other findings from the report include:
- Currently less than 1 in 20 smartphones and tablets have third party security software installed in them.
- Mobile security products will enter the mainstream by late 2013, crossing $1 billion
- 277 million mobile devices will have some kind of protection installed by 2016
As usual, you can get additional information from Juniper’s website.