Hardware Security for the Mobile Market Reaching New Revenue Heights

With the mobile market growing at an unprecedented pace, it is time for everybody to start paying attention to hardware security. This is more important to users today than ever before, and for this reason we can expect many changes in the months to come.

Hardware security for mobile devices is quickly becoming a priority market, thanks in large part to the increasing number of government and finance related users. While both of these sectors call for a high level of security, it goes without saying that this is something that is important to everybody.

While there is no denying the growth of the hardware security market, there are definite challenges standing in the way. In addition to companies that are trying to bring new ways of thinking to the hardware security game, there are those, such as Microsoft and Intel, that want to take what has worked so well on the PC side and implement it into the mobile market.

Apple Inc. (AAPL)

Who is the Leader?

At this point, there is no cut and dry leader in the hardware security for mobile market. With so much fragmentation, no company has been able to take the bull by the horns and claim the top spot.

Michela Menting of ABI Research noted, “Interesting partnerships are being formed in the market, with players still unsure which technology will ultimately prevail. Yet all are aware of the pressing demand for security and that they will need to dive into the turbulent waters soon if they want to stay ahead of the game.”

In other words, the major players know that they need to do something but don’t know exactly which direction to move just yet. They are flying blind, hoping that things work out in the end.

ABI Research went on to add that they believe the mobile hardware security market will reach $1 billion by the end of the year. That is no small market.

In the months to come, we will continue to keep a close eye on how this market develops. There are a lot of companies involved, from those that sell mobile devices, such as Samsung and Apple, to those that are going to focus on the security side of things. Right now, it is shaping up to be a bumpy ride.

 

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

Top 15 Best Paying Jobs for Women in 2014

Top 6 Things Rich People Do Differently Every Day

5 Retirement Mistakes To Avoid (and Einstein’s Famous Quote)

11 Smartest People in the World

6 Films About the Financial World You Need To Watch (While “The Wolf” is Not Around)

Warren Buffett and Billionaires Are Crazy About These 7 Stocks

The Top 10 States With Fastest Internet Speeds

10 Best Places to Visit in USA in August

Top 10 Cities to Visit Before You Die

Top 10 Genetically Modified Food In the US

15 Highest Grossing Movies Opening Weekend

5 Best Poker Books For Beginners

10 Strategies Hedge Funds Use to Make Huge Returns

Top 10 Fast Food Franchises to Buy

10 Best Places to Visit in Canada

Best Summer Jobs for Teachers

10 Youngest Hedge Fund Billionaires

Top 10 One Hit Wonders of the 90s

Fastest Growing Cities In America

Top 10 U.S. Cities for Freelancers

Top 9 Most Popular Free iPhone Apps

Top 10 Least Expensive Private Business Schools in the US

Top 15 Most Expensive Countries in the World – 2014

Top 6 Tax Scams and How to Protect Yourself

Top Businesses to Invest In

Top 5 Things You Might Be Doing Wrong With Your Business

Top 5 Strategic Technology Trends in 2014

Top Rags to Riches Stories

Parenting Behavior That Promotes Future Leaders

Top 5 Mistakes Made by Small Businesses

Top 5 Most Common and Potentially Devastating Financial Blunders

Top 5 Highest Paying Jobs for Web Designers

Top 6 Most Respected Professions that Also Pay Well

Top 5 Pitfalls Investors Should Avoid

Top 6 Lawyers and Policy Makers Under 30

Top 6 New Year’s Resolutions for Entrepreneurs

Top 7 Locations to Check in on Facebook

Top 5 Mistakes made by Rookie eBay Sellers

Top 7 eBook Publishers in 2013

Top 6 Health Industry Trends in 2014

5 Lessons for Entrepreneurs from Seth Godin

Top 5 Success Tips from Jordan Belfort – the Wolf of Wall Street

Best Master’s in Finance Degree Programs

Top 6 Earning Celebrities Over 50

The most expensive sports to play

Top 7 Earning Celebrities Under 25

Best 7 Online Courses to Take: Free Finance MOOCs

Top 6 Bad Habits that Promote Failure

20 Most Valuable Soccer Teams in the World in 2013

12 Most Expensive Countries for Foreign Students

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!