Computing is becoming prominent, with unlimited access to information from any device, irrespective of the location. To meet this particular demand, an enterprise needs to manage and secure large, complex, distributed, and changing environments both within the traditional and public facilities, with limited visibility into controls.
Over 50% of the corporations in the world allow employees to access company data with some sort of access restriction and this number is only going to grow with the gradual adoption of cloud computing. Small and medium-sized businesses have been at the forefront of the BYOD trend, with almost 62% of the US SMBs having an official Bring Your Own Device (BYOD) policy in place. Spurred by this enormous growth in the BYOD market, the enterprise mobility security market is expected to grow at a CAGR of 32% from USD 735 million in 2014 to USD 3.89 billion by 2020.
BYOD has revolutionized the way corporates function, but it has also opened up the risk of the presence of devices without proper security covering data. This has called for security policies which could assess the risks involved and avoid them. The existing policies are static, resulting in unexpected failures when new threats arise. This situation has resulted in firms looking for devices which can imbibe cognitive mobility that enables appropriate security policy in the right place at the right time. Integrating such cognitive systems could also pose a major challenge because of the different types of platforms involved.
The driving forces for the mobility security market are:
Some of the biggest challenges of the mobile security market are:
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