LATIN AMERICA MOBILE SECURITY MARKET 2021-2028

ICT | Security

LATIN AMERICA MOBILE SECURITY MARKET 2021-2028

Market by Operating System, End-user, Organization Size, Enterprise Solution Type, Industrial Vertical, and Country | Forecast 2021-2028

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Triton’s report anticipates the Latin American mobile security market to progress at a CAGR of 14.60% during the given period 2021-2028.


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The countries analyzed in this market include:

•        Brazil

•        Mexico

•        Rest of Latin America

Brazil is among the leading economies having a large amount of smartphone and mobile internet users, owing to the availability of low-cost data plans. Over the years, the use of applications, such as WhatsApp, has grown tremendously. Moreover, the adoption of e-wallets is likely to gain significant traction in the next five years, rising from 15 percent to 31 percent. Here, e-wallets are one of the relevant modes of mobile payments, which is contributing mainly to the progress of the e-commerce sector in Brazil. This preference change can be attributed to the rising demand of consumers for easier and faster payment methods, along with investment by businesses in electronic commerce to extend their sales. Hence, these factors are anticipated to offer growth opportunities for the mobile security market in the near future.

On the other hand, in Mexico, the bank-led approach to initiate financial inclusions have led mobile operators and banks to enter into joint ventures. For instance, mobile operator, Telcel, and Banamex, a commercial bank, entered into a joint venture for transfers. Here, the government’s mission to digitize the economy has stimulated mobile money growth, owing to government payment distribution through mobile money accounts. This step further enhances the demand for mobile security solutions, thereby contributing to the mobile security market’s progress.

Furthermore, Mexico’s central bank is involved in developing a free mobile payment system to facilitate digital transactions effectively. This system is mainly initiated to surge financial inclusion through digital banking among youth and rural area population having a shortage of bank branches. Hence, such programs help enhance the adoption of mobile security solutions for secure banking, simultaneously boosting the studied market’s progress.

Citrix Systems Inc is engaged in developing an integrated platform for secure app & data delivery, along with network functionality as a cloud-based service. Citrix Endpoint Management is one of the mobile security solutions offered by the company. Also, it provides workspace services, SaaS applications, and others. The company has operations in multiple regions, including Latin America.

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Table of Content

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 table

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 OPREATING 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)

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