LATIN AMERICA MOBILE SECURITY MARKET 2021-2028
MARKET OUTLOOK
Triton’s research report intimates that the mobile security market in Latin America is estimated to observe revenue growth at a CAGR of 13.50% during the estimated period 2021-2028. Mexico, Brazil, and Rest of Latin America form the market in this region.
In Rest of Latin America, Argentina’s government is set to digitize its economy, which is currently dependent on cash transactions. The Central Bank of Argentina is involved in discussing regulatory adjustments to initiate the digitization process. Moreover, with start-up companies looking to launch their transactional services, the Central Bank is moving to create a regulatory sandbox. Here, the services of the new players will be tested in a supervised environment, allowing authorities to understand the risks. Additionally, this step will enable rapid licensing of non-banks to offer e-money services. Therefore, such programs are anticipated to open multiple avenues for the mobile security market across Argentina.
Furthermore, Brazil ranks among the leading nations to have a higher number of smartphone and mobile internet users due to the cost-effective mobile data plans offered by network providers. Moreover, government programs to fuel the demand for mobile technologies is another factor that is motivating the studied market’s growth.
Along with this, it is anticipated that e-wallet would gain substantial traction over the next few years, owing to its rising desire of consumers for easier and faster payments during shopping. Above all, several enterprises are investing in e-commerce platforms to increase their sales, which is another factor to enhance the use of e-wallets. Thus, the rise in e-wallets and government initiatives positively impacts the mobile security market in Brazil.
COMPETITIVE OUTLOOK
The well-known companies thriving in the mobile security market include International Business Machines Corporation, Microsoft Corporation, Google LLC, Citrix Systems Inc, BlackBerry Limited, MobileIron Inc, and Broadcom Inc.
- 1. LATIN AMERICA MOBILE SECURITY MARKET - SUMMARY
- 2. INDUSTRY OUTLOOK
- 2.1. KEY INSIGHTS
- 2.1.1. INCREASED ACCESS TO HIGH-SPEED INTERNET
- 2.1.2. PRIVACY CONCERNS OF MOBILE USERS
- 2.1.3. EMERGENCE OF NFC-BASED PAYMENTS
- 2.2. PORTER’S FIVE FORCES ANALYSIS
- 2.2.1. THREAT OF NEW ENTRANTS
- 2.2.2. THREAT OF SUBSTITUTE
- 2.2.3. BARGAINING POWER OF SUPPLIERS
- 2.2.4. BARGAINING POWER OF BUYERS
- 2.2.5. THREAT OF COMPETITIVE RIVALRY
- 2.3. KEY IMPACT ANALYSIS
- 2.4. TYPES OF ATTACK ON MOBILE SECURITY
- 2.5. MARKET ATTRACTIVENESS INDEX
- 2.6. VENDOR SCORECARD
- 2.7. KEY MARKET STRATEGIES
- 2.7.1. ACQUISITIONS
- 2.7.2. PRODUCT LAUNCH
- 2.7.3. PARTNERSHIPS & AGREEMENTS
- 2.8. MARKET DRIVERS
- 2.8.1. INCREASING NUMBER OF MOBILE PAYMENTS
- 2.8.2. RISING NEED FOR SECURITY DUE TO ADOPTION OF BYOD IN WORKPLACES
- 2.8.3. SURGE IN NEED TO PROVIDE SECURITY TO VIDEO STREAMING CONTENT
- 2.9. MARKET RESTRAINTS
- 2.9.1. HIGH COST OF MOBILE SECURITY SOLUTIONS
- 2.9.2. COMPLEXITY IN DESIGNING EMBEDDED SECURITY SOLUTIONS
- 2.9.3. LACK OF AWARENESS
- 2.10. MARKET OPPORTUNITIES
- 1.1.1. INCREASING USAGE OF MACHINE LEARNING AND ARTIFICIAL INTELLIGENCE IN MOBILE SECURITY APPLICATIONS
- 1.1.2. OPEN OS
- 3. LATIN AMERICA MOBILE SECURITY MARKET OUTLOOK - BY OPERATING SYSTEM
- 3.1. ANDROID
- 3.2. IOS
- 3.3. OTHERS
- 4. LATIN AMERICA MOBILE SECURITY MARKET OUTLOOK - BY END-USER
- 4.1. ENTERPRISES
- 4.2. INDIVIDUAL
- 5. LATIN AMERICA MOBILE SECURITY MARKET OUTLOOK - BY ORGANIZATION SIZE
- 5.1. LARGE ENTERPRISES
- 5.2. SMEs
- 6. LATIN AMERICA MOBILE SECURITY MARKET OUTLOOK - BY ENTERPRISE SOLUTION TYPE
- 6.1. AUTHENTICATION
- 6.2. MOBILE APPLICATION MANAGEMENT
- 6.3. MOBILE DATA PROTECTION
- 6.4. OTHERS
- 7. LATIN AMERICA MOBILE SECURITY MARKET OUTLOOK - BY INDUSTRY VERTICAL
- 7.1. BFSI
- 7.2. IT & TELECOM
- 7.3. RETAIL & E-COMMERCE
- 7.4. HEALTHCARE
- 7.5. GOVERNMENT & DEFENSE
- 7.6. OTHERS
- 8. LATIN AMERICA MOBILE SECURITY MARKET – REGIONAL OUTLOOK
- 8.1. BRAZIL
- 8.2. MEXICO
- 8.3. REST OF LATIN AMERICA
- 9. COMPETITIVE LANDSCAPE
- 9.1. BLACKBERRY LIMITED
- 9.2. CITRIX SYSTEMS INC
- 9.3. INTERNATIONAL BUSINESS MACHINES CORPORATION
- 9.4. MICROSOFT CORPORATION
- 9.5. SAMSUNG ELECTRONICS CO LTD
- 9.6. VMWARE INC
- 9.7. APPLE INC.
- 9.8. GOOGLE LLC
- 9.9. BROADCOM INC
- 9.10. MOBILEIRON INC
- 9.11. KASPERSKY LAB
- 9.12. MCAFEE
- 9.13. TREND MICRO
- 9.14. PANDA SECURITY
- 9.15. QUICK HEAL TECHNOLOGIES
- 10. METHODOLOGY & SCOPE
- 10.1. RESEARCH SCOPE & DELIVERABLES
- 10.2. SOURCES OF DATA
- 10.3. RESEARCH METHODOLOGY
- LIST OF TABLES
- TABLE 1: LATIN AMERICA MOBILE SECURITY MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)
- TABLE 2: MARKET ATTRACTIVENESS INDEX
- TABLE 3: VENDOR SCORECARD
- TABLE 4: LATIN AMERICA MOBILE SECURITY MARKET, BY OPERATING SYSTEM, 2021-2028 (IN $ MILLION)
- TABLE 5: LATIN AMERICA MOBILE SECURITY MARKET, BY END-USER, 2021-2028 (IN $ MILLION)
- TABLE 6: LATIN AMERICA MOBILE SECURITY MARKET, BY ORGANIZATION SIZE, 2021-2028 (IN $ MILLION)
- TABLE 7: LATIN AMERICA MOBILE SECURITY MARKET, BY ENTERPRISE SOLUTION TYPE, 2021-2028 (IN $ MILLION)
- TABLE 8: LATIN AMERICA MOBILE SECURITY MARKET, BY INDUSTRY VERTICAL, 2021-2028 (IN $ MILLION)
- TABLE 9: LATIN AMERICA MOBILE SECURITY MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)
- LIST OF FIGURES
- FIGURE 1: PORTER’S FIVE FORCES ANALYSIS
- FIGURE 2: KEY BUYING IMPACT ANALYSIS
- FIGURE 3: LATIN AMERICA MOBILE SECURITY MARKET, BY ANDROID, 2021-2028 (IN $ MILLION)
- FIGURE 4: LATIN AMERICA MOBILE SECURITY MARKET, BY IOS, 2021-2028 (IN $ MILLION)
- FIGURE 5: LATIN AMERICA MOBILE SECURITY MARKET, BY OTHERS, 2021-2028 (IN $ MILLION)
- FIGURE 6: LATIN AMERICA MOBILE SECURITY MARKET, BY ENTERPRISES, 2021-2028 (IN $ MILLION)
- FIGURE 7: LATIN AMERICA MOBILE SECURITY MARKET, BY INDIVIDUAL, 2021-2028 (IN $ MILLION)
- FIGURE 8: LATIN AMERICA MOBILE SECURITY MARKET, BY LARGE ENTERPRISES, 2021-2028 (IN $ MILLION)
- FIGURE 9: LATIN AMERICA MOBILE SECURITY MARKET, BY SMEs, 2021-2028 (IN $ MILLION)
- FIGURE 10: LATIN AMERICA MOBILE SECURITY MARKET, BY AUTHENTICATION, 2021-2028 (IN $ MILLION)
- FIGURE 11: LATIN AMERICA MOBILE SECURITY MARKET, BY MOBILE APPLICATION MANAGEMENT, 2021-2028 (IN $ MILLION)
- FIGURE 12: LATIN AMERICA MOBILE SECURITY MARKET, BY MOBILE DATA PROTECTION, 2021-2028 (IN $ MILLION)
- FIGURE 13: LATIN AMERICA MOBILE SECURITY MARKET, BY OTHERS, 2021-2028 (IN $ MILLION)
- FIGURE 14: LATIN AMERICA MOBILE SECURITY MARKET, BY BFSI, 2021-2028 (IN $ MILLION)
- FIGURE 15: LATIN AMERICA MOBILE SECURITY MARKET, BY IT & TELECOM, 2021-2028 (IN $ MILLION)
- FIGURE 16: LATIN AMERICA MOBILE SECURITY MARKET, BY RETAIL & E-COMMERCE, 2021-2028 (IN $ MILLION)
- FIGURE 17: LATIN AMERICA MOBILE SECURITY MARKET, BY HEALTHCARE, 2021-2028 (IN $ MILLION)
- FIGURE 18: LATIN AMERICA MOBILE SECURITY MARKET, BY GOVERNMENT & DEFENSE, 2021-2028 (IN $ MILLION)
- FIGURE 19: LATIN AMERICA MOBILE SECURITY MARKET, BY OTHERS, 2021-2028 (IN $ MILLION)
- FIGURE 20: LATIN AMERICA MOBILE SECURITY MARKET, REGIONAL OUTLOOK, 2020 AND 2028 (IN %)
- FIGURE 21: BRAZIL MOBILE SECURITY MARKET 2021-2028 (IN $ MILLION)
- FIGURE 22: MEXICO MOBILE SECURITY MARKET 2021-2028 (IN $ MILLION)
- FIGURE 23: REST OF LATIN AMERICA MOBILE SECURITY MARKET 2021-2028 (IN $ MILLION)