With the rise of smartphones, mobile security has become an integral part of the security software market. In the third quarter of 2018 alone, about 1.3 million malicious installation packages were detected on mobile devices. RiskTool and AdWare are posing the most common threat to mobile devices and the Android operating systems is by far the most targeted platform, with the total number of Android malware amounting to 26.6 million as of March 2018.
The increase in popularity of cloud computing has also led to the development of the cloud security software market. Cloud computing involves large groups of remote servers which are networked to allow the sharing of data and resources. According to Statista's IT Market Model, the global cloud security services market is forecasted to grow to 9.3 billion U.S. dollars in 2021.