The Global Ultra-secure Smartphone Market size valued to USD 1.45 billion in 2019, and is predicted to reach USD 9.40 billion by 2030 with a growing CAGR of 18.40% from 2020-2030.
Ultra-secure smartphone are very much secure as compared to normal smart phones as they block the unauthorized access and encrypt the overall data into coded language which ensures additional security. Smartphone’s consist of several third-party apps downloaded from different sources, that enhances the overall function of the device. But, it may lead to data breaching by using such apps; consequently resulting into loss of confidential data and exposure to security threats.
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Top Companies: Sikur, Sirin Labs, Bull Atos, Thales Group, GSMK CryptoPhone, Boeing, Silent Circle, Turing Robotic Industries and others.
The global ultra-secure smartphone market is gaining momentum due to rising privacy concerns, stringent security-standards, reliable transmission of data as well as growing applications of smartphones in governmental agencies, military & defense sector, aviation industry, commercial sector and other industry verticals. Besides, factors such as technological advancements, increase in per-capita income, change in life-style patterns, as well as higher speed accessibility offered by network operators, traction towards social-media sites especially in youths, and most importantly increasing cyber threats, online hacks, and data leakages, are anticipated in supplementing the growth of the global ultra-secure smartphone market throughout the forecast period.
The past endeavors, present developments and futuristic advancements, sum-up to comprehend the overall growth of the ultra-secure smartphone market. For instance, in May 2019 Bittium, launched its ultra-secure Bittium Tough MobileTM 2 smartphone. Essene of the information security underlies in its multilayered security structure based on the hardened AndroidTM 9 Pie operating system, as well as on its impeccable software and hardware systems. The multilayered information security ensures that both the data stored in the device and data transferred are protected as effectively as possible.
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North America is expected to maintain its dominance on the global ultra-secure smartphone market, accounting for the highest market share. This is attributed to technological advancements, presence of key players, and higher adoption of Ultra-secure smartphone in this region. Asia Pacific is expected to show rapid growth with gradually increasing market size, due to presence of developing economies such as India and China. Moreover, increasing adoption of smart phones for various purposes such as banking, emails, ticket booking and others lead to increase in data privacy concerns that consequently contributes to the overall growth of Ultra-secure smartphone market.
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