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Mobile Application Security Market Share

Report ID: GMI6345
Published Date: Jul 2024
Report Format: PDF

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Mobile Application Security Market Share

Major companies operating in the mobile application security industry are:

Acunetix
Micro Focus
Broadcom, Inc.
Veracode
Aeries Technology
Onapsis
Indusface
Cisco Systems
Data Theorem
Google
F5, Inc.
Ivanti
NowSecure
Sophos
VMware

These companies are focusing on strategic partnerships to increase their market share. For instance, In January 2023, Ivanti extended its partnership with Lookout Mobile Endpoint Security to offer Mobile Threat Defense in line with its unified endpoint management solution.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of mobile application security reached USD 5.2 billion in 2023 and is set to expand at 22% CAGR through 2032, backed by the growing shift towards agile development methodologies for faster release cycles in mobile apps.

The retail & e-commerce segment was 24% in 2023, owing to rise in security breaches leading to financial losses and reputational damages.

Asia Pacific market is poised to witness 25% CAGR from 2024 to 2032, driven by the rising smartphone penetration in the region.

Acunetix, Micro Focus, Broadcom, Inc., Veracode, Aeries Technology, Onapsis, Indusface, Cisco Systems, Data Theorem, Google, F5, Inc., Ivanti, NowSecure, Sophos, and VMware.