Mobile Anti-Malware Market Overview
As per MRFR analysis, the Mobile Anti Malware Market Size was estimated at 22.08 (USD Billion) in 2022. The Mobile Anti Malware Market Industry is expected to grow from 28.11(USD Billion) in 2023 to 246.36 (USD Billion) by 2032. The Mobile Anti Malware Market CAGR (growth rate) is expected to be around 27.28% during the forecast period (2024 - 2032).
Key Mobile Anti-Malware Market Trends Highlighted
There is an increasing demand for the Mobile Anti-Malware Market owing to the increasing number of mobile cyber crimes. The proliferation of mobile devices and the practice of storing sensitive information on them has made mobile devices susceptible to malware attacks. Additionally, the increased volume, as well as the sophistication of malware remains a serious threat to mobile security.
As a result of this increasing threat, the market is moving towards more aggressive and effective anti-malware products and technologies. There is a growing interest in predictive threat analysis, real-time scanning and self-remediating malware. There is also an increasing distribution of anti-malware services that reside in the cloud and target business users. Such services include cloud-based malware updates and virus database management to ensure that clients are protected from evolving threats.
Further, there is also an increasing trend of incorporating and embedding other technologies, such as AI and stature intelligence (SI), into the solution. Anti-malware solutions that incorporate AI are significantly better in terms of detection and prevention rates, and therefore, it is possible to combat even zero-day threats. Statute Intelligence within the Malware Assisting Intervention has the elements of learning new things from the existing unseen data and dialects to improve the effectiveness and accuracy of Malware Management responsibilities.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Mobile Anti-Malware Market Drivers
Growing Prevalence of Mobile Malware Threats
The increasing sophistication and prevalence of mobile malware threats are a major driver of the Mobile Anti Malware Market Industry. As smartphones and tablets become more ubiquitous, they become increasingly attractive targets for cybercriminals. Malware can steal sensitive data, such as financial information and passwords, compromise device functionality, or even brick the device. This has led to a growing demand for mobile anti-malware solutions to protect devices from these threats.
Increasing Adoption of Mobile Devices
Another fundamental driver of the Mobile Anti Malware Market Industry is the increasing prevalence of mobile devices. It has been estimated that by 2026 the number of smartphone users will come up to 7.5 billion in comparison to 6.6 billion in 2023. This is a result of the expanding affordability of smartphones and the growing scale of mobile networks. Subsequently, the demand for mobile anti-malware solutions will increase.
Growing Awareness of Mobile Security Risks
The growing awareness of mobile security risks is also driving the growth of the Mobile Anti Malware Market Industry. Consumers are becoming increasingly aware of the threats posed by mobile malware, and they are demanding solutions to protect their devices. This is leading to a growing demand for mobile anti-malware solutions that are easy to use and effective at protecting devices from malware.
Mobile Anti-Malware Market Segment Insights
Mobile Anti Malware Market Deployment Model Insights
The mobile anti malware market is segmented based on deployment model into cloud-based and on-premises. The cloud-based segment is expected to dominate the market during the forecast period due to the increasing adoption of cloud-based security solutions by enterprises. Cloud-based deployment offers several advantages over on-premises deployment, such as scalability, flexibility, and cost-effectiveness. The on-premises segment is expected to grow at a slower pace due to the high upfront investment required for hardware and software infrastructure.In 2023, the cloud-based segment accounted for 60% of the Mobile Anti Malware Market revenue, and it is expected to continue to grow at a significant rate during the forecast period.
The growth of the cloud-based segment is attributed to the increasing adoption of cloud-based security solutions by enterprises. Cloud-based security solutions offer several advantages over on-premises solutions, such as scalability, flexibility, and cost-effectiveness. The on-premises segment accounted for 40% of the mobile anti-malware market revenue in 2023.The growth of the on-premises segment is attributed to the high upfront investment required for hardware and software infrastructure. However, the on-premises segment is expected to grow at a slower pace during the forecast period due to the increasing adoption of cloud-based security solutions. Overall, the mobile anti malware market is expected to grow at a significant rate during the forecast period. The growth of the market is attributed to the increasing adoption of mobile devices and the growing threat of malware attacks.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Mobile Anti Malware Market Device Type Insights
The Device Type segment of the Mobile Anti Malware Market includes smartphones, tablets and other mobile devices. The first category is the biggest one since smartphones are widely used along with the increase in the usage of multiple mobile applications. In 2023, the level of its revenue share is expected to equal around 65% in the context of the analyzed market, and it will continue throughout the forecast period. The other two groups, however, will also demonstrate more significant rates of acceptance, which will be influenced by both the development of mobile technology and the desire of a large number of users to apply them.
Mobile Anti Malware Market Features Insights
The Features segment of the mobile anti malware market is expected to exhibit substantial growth in the coming years. Real-time Protection is projected to hold a significant share of the market. This feature enables devices to continuously monitor for and block malware threats, providing comprehensive protection against emerging threats. Malware Detection and Removal plays a crucial role in identifying and eliminating existing malware infections and ensuring device security. Vulnerability Scanning helps identify potential vulnerabilities in the device's operating system and applications, allowing users to take proactive measures to mitigate risks.Anti-Phishing safeguards users from phishing attacks that attempt to steal sensitive information. App Management empowers users to control the installation and permissions of apps, preventing the installation of malicious apps. The Mobile Anti Malware Market revenue from the Features segment is anticipated to reach USD 12.43 billion by 2024, reflecting the increasing demand for robust mobile security solutions.
Mobile Anti-Malware Market End-User Industry Insights
The mobile anti malware market is expected to witness significant growth in the coming years, driven by increasing adoption of mobile devices across all end-user industries. Among these industries, BFSI, Healthcare, Retail, Manufacturing, and Education are projected to account for a major share of the market. The BFSI sector is highly dependent on mobile devices for various banking and financial operations, making it a prime target for malware attacks. Similarly, the Healthcare industry relies heavily on mobile devices for patient data management and communication, increasing the need for robust anti-malware solutions.The Retail industry is also witnessing a surge in mobile-based transactions, leading to a rise in malware threats. Manufacturing and Education sectors are also increasingly adopting mobile devices for automation and remote learning, respectively, driving the demand for mobile anti-malware solutions. As per industry estimates, the BFSI segment is anticipated to contribute over USD 50 billion to the Mobile Anti Malware Market revenue by 2024, while the Healthcare segment is expected to register a CAGR of around 15% during the forecast period.
Mobile Anti-Malware Market Regional Insights
The Mobile Anti Malware Market is segmented into North America, Europe, APAC, South America, and MEA. North America held the largest market share in 2023, owing to the high adoption of smartphones and tablets in the region. Europe is expected to be the second-largest market, followed by APAC. The APAC region is expected to witness the highest growth rate during the forecast period due to the increasing number of smartphone users in the region. South America and MEA are expected to account for a smaller share of the market.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Mobile Anti-Malware Market Key Players And Competitive Insights
Major players in the Mobile Anti Malware Market are constantly striving to stay ahead of the competition by investing heavily in research and development. They are also actively involved in strategic partnerships and acquisitions to expand their market reach and strengthen their product portfolio. Leading Mobile Anti Malware Market players are focusing on developing advanced anti-malware solutions that can detect and neutralize even the most sophisticated threats. They are also working on integrating artificial intelligence and machine learning technologies into their products to improve threat detection and prevention capabilities. The Mobile Anti Malware Market industry is characterized by intense competition, with both established players and emerging vendors vying for market share.One of the leading companies in the Mobile Anti Malware Market is Norton LifeLock.
The company offers a comprehensive range of anti-malware products and services for both consumers and businesses. NortonLifeLock's products are known for their reliability, effectiveness, and ease of use. The company has a strong presence and a large customer base. Norton LifeLock is committed to providing its customers with the best possible protection against malware threats.A notable competitor in the Mobile Anti Malware Market is Avast. Avast offers a wide range of anti-malware products and services for consumers and businesses alike. The company's products are known for their high performance and low system impact. Avast has a large customer base and a strong reputation for providing quality anti-malware solutions. The company is constantly innovating and developing new technologies to stay ahead of the competition.
Key Companies in the Mobile Anti Malware Market Include
Mobile Anti-Malware Market Industry Developments
The Mobile Anti-Malware Market is projected to grow from USD 28.11 billion in 2023 to USD 246.36 billion by 2032, at a CAGR of 27.28% from 2024 to 2032. Increasing adoption of smartphones and tablets, rising cyber threats, and growing awareness about mobile security are driving the market growth. Key industry developments include the launch of advanced anti-malware solutions with features such as real-time protection, cloud-based scanning, and behavioral analysis. Additionally, strategic partnerships and acquisitions among market players are shaping the competitive landscape.
Mobile Anti-Malware Market Segmentation Insights
Report Attribute/Metric
|
Details
|
Market Size 2022
|
22.08(USD Billion)
|
Market Size 2023
|
28.11(USD Billion)
|
Market Size 2032
|
246.36(USD Billion)
|
Compound Annual Growth Rate (CAGR)
|
27.28% (2024 - 2032)
|
Report Coverage
|
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
|
Base Year
|
2023
|
Market Forecast Period
|
2024 - 2032
|
Historical Data
|
2019 - 2022
|
Market Forecast Units
|
USD Billion
|
Key Companies Profiled
|
Avast, Sophos, ESET, Trend Micro, Zimperium, Symantec, Kaspersky, AVG Technologies, Malwarebytes, Check Point Software Technologies, Norton LifeLock, F-Secure, McAfee, Bitdefender, Lookout
|
Segments Covered
|
Deployment Model, Device Type, Features, End-User Industry, Regional
|
Key Market Opportunities
|
The increase in mobile malware threats, growing adoption of mobile devices, and surge in cyberattacks heightened consumer awareness rise in mobile banking and payments.
|
Key Market Dynamics
|
Increasing Mobile Threats, Growing Adoption of Mobile Devices, Advanced Malware Techniques, Regulatory Compliances, Cloud-based Security Solutions
|
Countries Covered
|
North America, Europe, APAC, South America, MEA
|
Frequently Asked Questions (FAQ) :
The Mobile Anti Malware Market is expected to reach USD 246.36 billion by 2032, growing at a CAGR of 27.28% from 2024 to 2032.
North American region is expected to hold the largest market share in the Mobile Anti Malware Market, accounting for 40.5% of the market in 2023.
The key growth drivers of the Mobile Anti Malware Market include the increasing adoption of smartphones and tablets, the rising number of cyber threats, and the growing awareness of mobile security.
The key competitors in the Mobile Anti Malware Market include McAfee, Symantec, Trend Micro, Kaspersky Lab, and Avast.
The major applications of Mobile anti-malware software include protection against viruses, malware, spyware, and phishing attacks.
The key trends in the Mobile Anti Malware Market include the adoption of cloud-based security solutions, the use of artificial intelligence and machine learning for threat detection, and the growing popularity of mobile payment security.
The challenges faced by the Mobile Anti Malware Market include the increasing sophistication of cyber threats, the lack of awareness about mobile security, and the high cost of mobile security solutions.
The Mobile Anti Malware Market is expected to register a CAGR of 27.28% from 2024 to 2032.
The base year is 2024 and the end year is 2032.
The information for this market research was gathered from a variety of sources, including market research reports, industry publications, and company websites.