QYR Market Research Global Mobile Encryption market market | Page 4

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• BYOD has achieved rapid growth, with a compound annual
growth rate (CAGR) of 15.19% in the past few years.
However, hackers are seeking every avenue available to
break into them. Invasion of the virus caused a lot of
damage. In order to solve these contradictions, the entire
market has a huge demand for mobile encryption.
• Global Mobile Encryption revenue market is valued at 815.0
million USD in 2016 and is expected to reach 2298.9 million
USD by the end of 2022, growing at a CAGR of
18.87%between 2016 and 2022.
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