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Mobile security market to reach $889m

The latest report from Infonetics states that the mobile security market is likely to head upwards towards 2011

Security appliances and software purchased by service providers in order to protect mobile networks will reach $889 million by 2011, according to research analysis firm Infonetics.

The report predicts that the overall expenditure on the part of providers will remain flat over the next two years due to a number of factors, including the current global downturn resulting in spending cuts. The report does suggest though that the potential growth for spending on security across mobile networks will emerge heading upwards towards 2011.

The report, ‘Security Appliances and Software for Mobile Networks Market Outlook’, tracks integrated security appliances above and below $30,000, network-based intrusion detection and prevention (IDS/IPS) products, and content security gateways.

The results for 2008 see the Asia Pacific region lead in terms of market spending with 37%, while the EMEA region finished second. The report also demonstrated that the emergence of internet-friendly smartphones is driving consolidation in the operating systems market, and subsequently creating a host of new targets for malicious attacks.

The Infonetics report also predicts that 34% of 2008 worldwide mobile security revenue will come from integrated security appliances priced under $30,000, 30% will come from content security gateways, 21% from IDS/IPS products, and 15% from integrated security appliances priced at $30,000 and above.

“The growing numbers of mobile subscribers, particularly those accessing the Internet, are generating huge traffic increases on mobile networks, forcing service providers to upgrade capacity across the board, especially in backhaul networks and data centres,” said Jeff Wilson, principal analyst for network security at Infonetics Research.

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