Recent report forecasts that revenues from mobile security products, including anti-viruses, data and file encryption and mobile identity management are expected to generate near $5bn by 2011.
The report, published by research company Juniper, identified a steadying rise in security attacks on vulnerable mobile phones: theft, viruses and other malware. These threats, combined with corporate rules, will prompt users to install security products on their mobile devices.
The top mobile security sector will be in secure mobile content, where antivirus, anti-spam, anti-spyware and content filtering will make up 40 percent of the total market, according to the report.
“Initially driven by the data hungry mobile business user who has seen the benefits of data services such as email, predominantly on their Blackberry devices, we will see mobile security products go mainstream by late 2008/early 2009 resulting in a doubling of revenues from 2008 to 2010,” says Alan Goode, the author of the report.