The market size of mobile device security client software sold to enterprises and consumers rose 9 percent to $320 million in Q2 2013 from the previous quarter, said Infonetics Research.
The global mobile device security client software market will grow at 26 percent compound annual growth rate from 2012 to 2017.
Infonetics Research said more threats are coming from SMS/MMS, and many users are experiencing attacks that utilize multiple vectors (e.g., email and over-the-top messengers) on their mobile devices.
Enterprise mobile clients accounted for 51 percent of total mobile security client revenue in Q2 2013, fueled in part by the bring-your-own-device (BYOD) trend, but is expected to fall to 44 percent by 2017 as consumers wake up to mobile security threats.
Asia Pacific currently leads all regions in mobile security client revenue, followed by North America and EMEA (Europe, the Middle East and Africa), which are neck-and-neck; the Caribbean and Latin America region is a distant fourth.