ABI Research has estimated that the current Mobile
Encryption Software and Services market will hit $230m (about N 36 billion) by
the end of 2013
According to the report, the market offer significant
opportunities for security vendors and Mobile Device Management (MDM) service providers while the Original
Equipment Manufacturers (OEMs) are still waiting for the direction of the
market demand to come into focus before investing the space.
It also
disclosed that the biggest laggards are mobile network operators, despite the
fact that they have substantial advantages that they are far from leveraging,
while Mobile authentication and encryption services for enterprises are growing
dynamically with the saturation of cloud-based applications and BYOD trends,
DigitaSENSE Business News noted that
organisations are looking
for ways to exploit the benefits of these technologies while maintaining a level
of security that satisfies compliance, protect corporate resources as well as balanced same against flexibility and
manageability, without these guarantees, even the most secure solutions are
useless.
ABI Research noted that Mobile encryption technology is
tailored towards effective key management while authentication may be Single-Sign-On (SSO) or tokenless access and remarked that the
field of application for mobile authentication and encryption services is wide,
and the demands are varied.
*
With
additional report from Business News
AN/EDop
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