Mobile threat defence (MTD) is a collection of strategies and procedures used to protect mobile devices, such as smartphones and tablets, from malware and cyberattacks. Due to the increasing reliance on mobile devices for a range of operations, including internet browsing, email access, and financial transactions, effective MTD solutions are now crucial.
Global Mobile Threat Defense Market Driving Factors and Challenges
A variety of factors are driving considerable growth in the Mobile Threat Defence (MTD) market. To begin with, the growth of smartphones and mobile devices in both personal and professional settings has increased the attack surface for cybercriminals, driving up need for MTD solutions. Furthermore, the increasing sophistication of mobile threats, such as malware, phishing, and ransomware assaults, has prompted enterprises to invest in comprehensive MTD solutions in order to safeguard sensitive data and maintain regulatory compliance.
Furthermore, the remote work trend, which has been driven by the COVID-19 pandemic, has increased the demand for MTD solutions as employees access business networks and data from a variety of mobile devices, leaving them vulnerable to security breaches.
The Mobile Threat Defense Market faces a variety of difficulties are as follows.
A risk associated with apps is the possibility for malicious software to compromise device security by exploiting bugs.
Network Vulnerabilities: Unsecured Wi-Fi networks and man-in-the-middle attacks pose a serious threat to mobile devices.
Device Loss or Theft: Stolen or stolen technology can result in data breaches and unauthorized access to personal data. Policies for BYOD (bring your own device) Employees are increasingly using personal devices for work-related purposes, making device security management more challenging.
Impact of COVID-19 on Global Mobile Threat Defence Market
The market for Mobile Threat Defence (MTD) was significantly impacted by the COVID-19 epidemic. The need for MTD solutions increased as a result of the abrupt shift to remote work and the greater reliance on mobile devices for corporate operations. As employees accessed company data through a variety of mobile devices and networks—often with variable degrees of protection—and often with varying levels of security, organizations became aware of the increased security risks associated with remote work.
Global Mobile Threat Defense Market Key Players:
The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; Cisco Systems, SAP, Broadcom, Inc., Citrix Systems, Kaspersky Labs, Ivanti, Micro Focus, SolarWinds, Matrix42, Sophos, Blackberry, and Esper.
Global Mobile Threat Defence Market Segmentation:
By Component: Based on the Component, Global Mobile Threat Defence Market is segmented as; Software, Service.
By Operating System: Based on the Operating System, Global Mobile Threat Defence Market is segmented as; Android, IOS, Windows, others.
By Deployment: Based on the Deployment, Global Mobile Threat Defence Market is segmented as; Cloud, On-Premise.
By Region: This report also provides the data for key regional segments of North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.