The market for security software to protect mobile devices including tablets, smartphones and feature phones will reach almost $3.7 billion by 2016, according to a new report by Juniper Research.
Juniper’s new Mobile Security research found that businesses are now beginning to spend more on mobile device security applications, as they become a critical part of enterprise policy.
As more tablets are brought into the enterprise over the next five years, the proportion of tablets featuring security products will also increase and overtake the percentage of smartphones protected. At the end of this period, enterprise and business sales will account for nearly 69 percent of the market, according to the research firm,
Juniper recommends enterprise and IT managers audit the security status of their corporate mobile device deployments and take remedial action where necessary.
“Enterprise users are in the front line against potential security breaches through insufficient mobile security. Companies need to incorporate mobile network connected devices into the corporate network, since this is the easiest way to enforce policies and to audit such devices” says Nitin Bhas, author of the report.
Juniper says the recent series of high-profile security incidents, including the News of the World hacking scandal, has likewise increased public awareness on the vulnerability of mobiles devices.
The research firm says only one in 20 smartphones and tablets have third-party security software installed in them, despite a steady increase in threats. But it expects mobile security products to become mainstream by late 2013; and 277 million mobile devices will have some kind of protection installed by 2016.