
Middle East and Africa Application Control Market
No. of Pages: 110 | Report Code: TIPRE00014151 | Category: Technology, Media and Telecommunications
No. of Pages: 110 | Report Code: TIPRE00014151 | Category: Technology, Media and Telecommunications
The monitoring and controlling of enterprise applications has become more advanced due to daily rising number of cyber-attacks and IT threats and also the due to significant increase in the number of connected devices and access points. This has led to the rise in the demand for extensive protection and coverage of end-point access and it is also witnessing growth in various different industry verticals. Hence the various market players operating in the application control market currently provides different business offerings that provides various controls such as monitoring and authentication among other controls that eases the use of advanced protection of enterprise applications. Furthermore the application control-based solutions have larger scope of utilization for network security, enforcing control over servers, end-point protection and authentication, among several other benefits to the end-user organization. Also the advancement in application control tools have facilitated the integration of forensic control that automate the validation process, enabling checks for inputs and data correctness among other niche advantages to the end users. Running third platform solutions such as mobile, cloud, and social websites are developing a complex ecosystem requiring best security solutions, including cyber-security and application control solutions, to combat new IT security challenges. The companies and industries can no longer mend for standard solutions, primarily in the era of consistent technological developments. Therefore, advanced security solutions are gaining high traction in the region to protect the companies from external threats and restrict the exposure developed by social websites and other platforms throughout MEA. Also, the application control audit services getting highly adopted is among the key factors driving the market growth is expected to create a significant demand for application control in the coming years, which is further anticipated to drive the SAM application control market. Also the ongoing COVID-19 is having terrible effect on MEA economy. In the MEA region, Iran, Saudi Arabia, Qatar, South Africa, and UAE are some of the countries with high number of COVID-19 confirmed cases and deaths. The economic and industrial growth of these countries has been affected negatively in the past few months. The MEA region is expected to witness a significant impact of COIVD-19 in near future owing to heavy reliance on international vendors, and authorized sales representatives due to lack of prominent solution providers in the region. The region is projected to register a swift decline in their supply of application control related solution and services owing to disruption in business activities and operations across the vendors in other regions who have had witnessed challenges in continuing IT operations owing to slow business conditions disrupting the ability to meet the service demands to another regions.
Strategic insights for the Middle East and Africa Application Control provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
Report Attribute | Details |
---|---|
Market size in 2019 | US$ 213.64 Million |
Market Size by 2027 | US$ 269.48 Million |
Global CAGR (2020 - 2027) | 3.0% |
Historical Data | 2017-2018 |
Forecast period | 2020-2027 |
Segments Covered |
By Component
|
Regions and Countries Covered | Middle East and Africa
|
Market leaders and key company profiles |
The geographic scope of the Middle East and Africa Application Control refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The application control market in MEA is expected to grow from US$ 213.64 million in 2019 to US$ 269.48 million by 2027; it is estimated to grow at a CAGR of 3.0% from 2020 to 2027. In the era of continuous technological advancements, the smart devices and bring-your-own device (BYOD) concepts are receiving high traction in MEA. The emergence of BYOD is triggering modifications in enterprise operations. Greater productivity, cost-savings, benefits, and convenience are among the benefits that are promoting the adoption of BYOD. However, this transformation is heading toward serious challenges related to IT privacy and security. Various Companies provides secure management solutions, including application control and encryption enforcement to lower risks and ensure organized transition at workplaces. BYOD lacking the integrated advanced security solutions are highly exposed to malicious mobile applications, phishing, attacks, and vulnerabilities. Nearly 50% of the enterprises have allowed their staff to access their network through BYOD devices, which also adds to the probability of data breach. Hence, to avoid such incidents, the demand for integrated security solutions is increasing as they prevent data loss, and ensure web filtering and application control. This would further boost the MEA application control market growth.
In terms of component, solutions held the largest share of the MEA application control market in 2019. In terms of access points, mobiles/tablets is expected to the fastest growing segment over the forecast period. On the basis of organization size large enterprises segment contributed a substantial share in 2019. Based on vertical, IT and Telecom segment held the largest share in 2019 and it is projected to continue its dominance over the forecast period also.
A few major primary and secondary sources referred to for preparing this report on the application control market in MEA are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Broadcom Inc.; Cambium Networks; Check Point Software Technologies Ltd.; CyberArk Software Ltd.; DriveLock SE; Ivanti; McAfee, LLC; Trend Micro Incorporated; VMware, Inc.; WatchGuard Technologies, Inc.
The List of Companies - Middle East and Africa Application Control Market
The Middle East and Africa Application Control Market is valued at US$ 213.64 Million in 2019, it is projected to reach US$ 269.48 Million by 2027.
As per our report Middle East and Africa Application Control Market, the market size is valued at US$ 213.64 Million in 2019, projecting it to reach US$ 269.48 Million by 2027. This translates to a CAGR of approximately 3.0% during the forecast period.
The Middle East and Africa Application Control Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East and Africa Application Control Market report:
The Middle East and Africa Application Control Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East and Africa Application Control Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East and Africa Application Control Market value chain can benefit from the information contained in a comprehensive market report.