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Mobile Anti-Malware Vendors Target Mobile Operators in Bid to Boost Sales - Frost & Sullivan finds that the World Mobile Anti-Malware Products Markets is expected to earn revenues of $61.4 million in 2007 and reach an estimated $2,171.3 million in 2014
Mobile Anti-Malware Vendors Target Mobile Operators in Bid to Boost Sales

 

NewswireToday - /newswire/ - London, United Kingdom, 2007/10/29 - Frost & Sullivan finds that the World Mobile Anti-Malware Products Markets is expected to earn revenues of $61.4 million in 2007 and reach an estimated $2,171.3 million in 2014.

   
 
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The mobile malware threat is becoming stronger every day due to the increased sophistication of mobile phones. Yet, mobile anti-malware vendors have not seen a high return on investment, because of lack of awareness in the market. Despite this, it is important for vendors to set up technology and distribution partnerships with other members in the industry value chain, in order to be fully prepared when the market accelerates.

Frost & Sullivan (networksecurity.frost.com) finds that the World Mobile Anti-Malware Products Markets is expected to earn revenues of $61.4 million in 2007 and reach an estimated $2,171.3 million in 2014.

If you are interested in a virtual brochure, which provides manufacturers, end users and other industry participants with an overview of the World Mobile Anti-Malware Products Markets, send an email to Joanna Lewandowska, Corporate Communications, at joanna.lewandowska[.]frost.com with your full name, company name, title, telephone number and email address. Upon receipt of the above information, an overview will be sent to you by email.

"Mobile phones are becoming ever more sophisticated; smartphone usage is rising, while advanced capabilities such as MMS, Bluetooth and Internet access are increasingly becoming standard features in phones," notes Frost & Sullivan Industry Analyst Katie Gotzen. "However, few people realise that it is these extra capabilities that make mobile malware attacks possible."

The cybercriminal industry has been tremendously successful in the PC world. In just a few years time, several billions of Euros have been made from malware attacks such as online identity thefts and stealing enterprises' intellectual property.

Encouraged by their growing sophistication, online criminals are now turning their attention to mobile phones. Mobile threats have been increasing exponentially over the last few years. Five times as many security events were reported by mobile operators in 2006 than in 2005.

At present, however, the total number of attacks remains low. Low threat levels are paralleled by low levels of risk awareness among both corporate and consumer segments; mobile malware is an issue that is not widely recognised.

"Even though awareness is slightly higher in the enterprise space, mobile malware is not a top-of-mind issue," says Gotzen. "These perceptions have led to a low level of demand for mobile anti-malware products, and have consequently dampened vendor revenues."

Despite the low current level of ROI, it is important for mobile security vendors to invest in R&D and go-to-market strategies today. Both product development and distribution in the anti-malware industry are heavily reliant on partnerships in the value chain. Mobile operators specifically are often the catalysts of network security and handset protection agreements, making it incumbent on anti-malware vendors to target them in order to boost sales.

"Setting up these partnerships tends to be a long process," explains Gotzen. "Therefore, anti-malware vendors that forge partnerships in the industry value chain today will be in a good competitive position when the market accelerates."

The World Mobile Anti-Malware Products Market is part of the Network Security Subscription, which also includes research in the following markets: The World Content Filtering Market, The European in the Cloud Managed Security Services Market and The European Customer Premise Equipment (CPE) Managed Security Services Market. All research included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants. Interviews with the press are available.

About Frost & Sullivan
Frost & Sullivan, the Growth Consulting Company, partners with clients to accelerate their growth. The company's Growth Partnership Services, Growth Consulting and Career Best Practices empower clients to create a growth focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents.

 
 
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Mobile Anti-Malware Vendors Target Mobile Operators in Bid to Boost Sales

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