Increase in Mobile Phones Followed by Growing Concerns on the Information Safety to Drive the Enterprise Mobile Application Security Market: Ken Research

The Mobile application security provides a widespread security solution for mobile applications running on mobile devices of smart-phones, tablets. It is also intended to protect individual or enterprise data stored in the devices. The 60% and above of the applications are being used by enterprises that are developed on an open code platform, that are more susceptible in the case of hacking. The key benefits of using mobile application security includes the low costs & complexity, balances risk with enablement and improve in the visibility & control.
According to study, “Global Enterprise Mobile Application Security Market - Global Drivers, Restraints, Opportunities, Trends, and Forecasts up to 2024 (Copy)” some of the major companies that arecurrently working in the global enterprise mobile application security market are CA Technologies, IBM Corp., MobileIron, Gupta Technologies LLC,SAP SE, Good Technology, Hewlett Packard Enterprise,Ivanti, HERE Global B.V.,KIDOZEN, INC.,Cisco Systems Inc., Symantec Corp., Apple Inc.,JAMF Software, LLC., Whitehat Security, Bomgar Corporation, Progress Software Corporation, Kinvey, Inc., McAfee Inc.(Intel Security), Kony Inc., Zimperium, Inc.,Pegasystems Inc., F-Secure Oyj, WhiteSource, Avast Software S.R.O., Red Hat, Inc.,Sencha Inc., Apperian Inc., Check Point Software Technologies Ltd., BlackBerry Ltd., Kaspersky Lab Inc., SOTI Inc.,Sencha Inc., Tangoe, Inc.,Citrix Systems, Inc., Red Bend Software, Inc., Zoho Corporation Pvt. Ltd., Google Inc., Wandera, Inc., VMware AirWatch, Trend Micro, Microsoft Corporation, Zebra Technologies Corporation, AVG Technologies,Lookout Inc.,Rapid7 Inc., Accenture,Fiberlink Communications Corp., Ernst & Young, Qualys Inc., Veracode,AirPatrol Corp.,Checkmarx, VMware, Cigital Inc., Dell EMC, Trustwave, Deloitte, Acunetix,Black Duck Software, Waratek, WhiteCryption, MI3 SECURITY.
Based on the devices, the enterprise mobile application security market is segmented into tablets, smart-phones and laptops. Based on the testing types, the market is segmented into dynamic application security testing (DAST), static application security testing (SAST), Runtime application self-protection (RASP) and interactive application security testing (IAST). Based on platform, the market is segmented into mobility application management (MAM), mobility device management (MDM) and mobile information management (MIM). Due to the mounting endpoint vulnerabilities, information and screen sharing, between a variety of customer and enterprise device, enterprises are moving in the direction of platforms where the use of applications are being protected. The use of Mobile device management provides security features such as password strength standards, device encryption andauditing etc. Based on the solution, the market is segmented into secure authentication, intellectual property protection, code vulnerability and data protection activities.
The global enterprise mobile application security is driven by increasein spending on enterprise security,increasevolume of enterprise applications, growing concern about the safety & security, strong regulation & compliance necessities, increasing remote device management, growing cases of fraud and online attacks,increased use of smartphones, increasing technological penetration and rising demand for BYOD among enterprises. Some of the restraints are challenges in IoT security design, high rate of innovation & budget constraint, lack of job opportunities, device protection gaps and high first investments for SMEs. In addition, some of the new opportunities are emerging demand for enterprise-focused APP development and Unified Endpoint Management.
It is estimated during the forecast period use of mobile application security to increase considerably due to the presence of large number of services & software providers.
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