Mobile phone data security is high on the priority list of many consumers all around the world as they try and prevent prying apps from making them spending money unwittingly.

Research In Motion also gained the attention of Wall Street bankers because of the financial industry’s need for high levels of data protection.

The importance of this market is increasing markedly, so much so that analysts at ABI Research have forecast that it will be valued at almost $1.9 billion (£1.2 billion) by 2017.

One of the main reasons for this increased security is the growing number of people that are making payments using their mobile phones.

Senior analyst for devices, applications and content at ABI Research Joshua Flood it will also be boosted by semiconductor companies increasing their security features.

“The primary drivers for embedded chip security are increasing demand of mobile payment transactions, digital rights management, enterprise protection and control access to the device,” he continued.

Posted by Peter Robinson

Mobile phone recycling

Written by Mazuma

Mazuma Mobile is the UK's most trusted mobile phone recycling service.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.