Middle East and Africa Application Control Market

Market Introduction

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.

Market Overview and Dynamics

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.

Key Market Segments

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.

Major Sources and Companies Listed

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.

Reasons to buy report

• To understand the MEA application control market landscape and identify market segments that are most likely to guarantee a strong return
• Stay ahead of the race by comprehending the ever-changing competitive landscape for MEA application control market
• Efficiently plan M&A and partnership deals in MEA application control market by identifying market segments with the most promising probable sales
• Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form MEA application control market
• Obtain market revenue forecast for market by various segments from 2020-2027 in MEA region.

MEA Application Control Market Segmentation

By Component

• Solutions
• Services

By Access Points

• Desktops/Laptops
• Servers
• Mobiles/Tablets
• Others   

By Organization Size

• Small and Medium Enterprises
• Large Enterprises

By Vertical

• Government and Defense
• BFSI
• IT and Telecom
• Health Care
• Retails
• Others

By Country

• Saudi Arabia
• UAE
• South Africa
• Rest of MEA

Company Profiles

• 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.

Middle East and Africa Application Control Market Strategic Insights

Middle East and Africa Application Control Market Segmentation Analysis

Middle East and Africa Application Control Market Report Highlights

Middle East and Africa Application Control Report Scope

Middle East and Africa Application Control Market Country and Regional Insights