Smartphone security Market Analysis, Size, Industry Outlook And Segment Forecasts 2014 To 2020: Grand View Research, Inc

Increasing mobile internet usage is expected to drive the global smartphone security market growth over the forecast period. Rise in cyber crime threats and need for security has driven the smartphone security purchases considerably. The market is also expected to witness growth owing to increasing m-commerce usage, growing number of smartphone users and need for data protection. Further, the privacy-invading apps also offer avenues for market growth. Malware, ad libraries, and aggressive permissions complicate the digital experience, and drive the demand for smartphone security solutions. Malware collects data from several apps and tasks the consumers are use, in addition to phone and SIM card numbers, making smartphone security adoption of paramount importance. However, availability of open source solution and high cost of deployment may hamper market growth.
http://www.grandviewresearch.com/industry-analysis/smartphone-security-market