|[October 24, 2013]
Mobile Security Services to Drive Billion Dollar Market in 2013, Says ABI Research
LONDON --(Business Wire)--
Mobile Authentication and Encryption services for enterprises are
growing dynamically with the saturation of cloud-based applications and
BYOD trends. Organizations are looking to maximize the benefits of these
technologies while maintaining a level of security that satisfies
compliance and the protection of corporate resources. These need to be
further balanced against flexibility and manageability; without these
guarantees, even the most secure solutions are useless.
For mobile encryption technology, this means effective key management.
For authentication, it may be SSO or tokenless access. The field of
application for mobile authentication and encryption services is wide,
and the demands are varied. An innovative market in mobile-specific
services for authenticating users and devices has cropped up to address
the growing requirements for seamless and unified access. Encryption
plays a vital role in enabling VPN services, and the protection of data
and applications. The service models most likely to succeed will need to
allow integration with corporate resources as well as competitive MDM or
MAM product offerings. The market is fa from consolidating, revealing
that organizations themselves are unsure of exactly what they need.
ABI Research (News - Alert) estimates the current Mobile Encryption Software and
Services market to total $230 million by the end of 2013. The market
will offer significant opportunities for security vendors and MDM
service providers. OEMs are still waiting for the direction of the
market demand to come into focus before investing the space. The biggest
laggards are mobile network operators, despite the fact that they have
substantial advantages that they are far from leveraging. The report
interviewed five innovative companies offering mobile authentication and
encryption services: Centrify, Corisecio, RSA (News - Alert), SafeLayer, and SecurAuth.
These findings are part of ABI Research's Cybersecurity
Research Service (https://www.abiresearch.com/research/service/cyber-security/).
ABI Research provides in-depth analysis and quantitative forecasting of
trends in global connectivity and other emerging technologies. From
offices in North America, Europe and Asia, ABI Research's worldwide team
of experts advises thousands of decision makers through 70+ research and
advisory services. Est. 1990. For more information visit www.abiresearch.com,
or call +1.516.624.2500.
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