HOBI Weekly Blog Recap (11/27-11/30)
MarketsandMarkets predicts the global mobile application security market will grow significantly within the next five years. The firm forecasts the market to reach $2.5 billion by 2020, beginning from $808.9 million in 2015, with a CAGR of 25.7 percent.
The substantial amount of growth can be attributed to the increase in demand for cloud-based application solutions and overall awareness of necessary application security. As reports of malvertising and hackers gaining information through apps increase, more enterprises will invest in secure application development.
To read the entire report, visit here.
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