Global Forecast to 2028: Multi-Factor Authentication Market covering Authentication Types (Password-Based, Passwordless), Components (Hardware, Software, Services), Model Types, End-user Industries, and Regions.
The global mobile threat defense market, valued at USD 2.6 billion in 2023, is projected to reach USD 7.2 billion by 2028, with a CAGR of 22.9%. The market’s growth is driven by the increasing use of mobile devices, necessitating comprehensive solutions to combat cyber threats. Particularly, the services segment is expected to witness significant growth, driven by the need for expert guidance and support in deploying and managing mobile threat defense solutions. Managed services are increasingly sought after for proactive threat detection and response, while professional services aid in tailoring solutions to specific security requirements and regulatory standards, highlighting the importance of both technology and expertise in mobile security.
