Asia Pacific Application Control Market is expected to reach US$ 649.7 Mn by 2027


PRESS RELEASE BY The Insight Partners 20 Aug 2020

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Solution Type Segment to Dominate Asia Pacific Application control Market during 2020–2027

 

According to The Insight Partners market research study on “Asia Pacific Application control Market to 2027 – Regional Analysis and Forecast by Component, Access Point, Enterprise Size and Vertical” is expected to reach US$  649.6 Mn by 2027 from US$  421.5 Mn in 2019. The market is estimated to grow at a CAGR of 5.6% from 2020 to 2027. The report provides trends prevailing in the Asia Pacific application control market along with the drivers and restraints pertaining to the market growth. The rising number of cyberattacks, coupled with a significant increase in the number of connected devices and access points, has notably increased the demand for superior monitoring and controlling of enterprise applications. As a result, the demand for extensive protection and coverage of end-point access has risen significantly and subsequently gained traction among numerous industry verticals. Thus, several market players operating in the application control market currently provide extensive business offerings that facilitate the advanced protection of enterprise applications through enabling varying degree of control such as execution, monitoring and authentication among other controls. The application control-based solutions have extensive scope of utilization for network security, enforcing control over servers, end-point protection and authentication, among several other benefits to the end-user organization. In addition, 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. Thus, the application control market is poised to provide numerous profitable business opportunities for the market players during the forecast period.

 

Several factors such as recent rising cyber threats, stringent regulatory guidelines and increasing popularity of Bring-Your-Own device (BYOD) to work have factored in significantly, resulting in positive growth of the market over the past few years. Furthermore, the rising popularity of application control among prominent market players among different industry verticals has contributed in the adoption of the solution in both developed and developing economies. Thus, the surge in the demand for robust and efficient end-point protection has significantly propelled the growth of the market in recent years. Moreover, the rising emphasis toward improving overall IT security and infrastructure by end users and regulatory agencies to prevent data loss and cyberattacks is anticipated to fuel the market growth during the coming years. However, the factors such as limited enforcement of cyber-security laws and adoption of solution among small and medium market players continue to restrain the overall market growth during the coming years.

 

 Asia Pacific Application control Market, By Country, 2019 and 2027 (%)

 Asia Pacific Application control Market, By Country, 2019 and 2027 (%)

Asia-Pacific Application Control Market to Grow at a CAGR of 5.6% to reach US$ 649.7 Million from 2020 to 2027

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Asia Pacific Application Control Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Component (Solution, Services); Access Points (Desktops/Laptops, Servers, Mobiles/Tablets, Others); Enterprise Size (SMEs, Large Enterprise); Vertical (BFSI, IT and Telecom, Healthcare, Retail, Others) and Country


 

The report segments the Asia Pacific Application control market as follows:


Application control Market – By Component

  • Solution
  • Services

Application control Market – By Service Component

  • Managed Services
  • Professional Services

Application control Market – By Access Point

  • Desktops/Laptops
  • Servers
  • Mobiles/Tablets

Application control Market – By Enterprise Size

  • Small & Medium Enterprises
  • Large Enterprises

Application control Market – By Vertical

  • Government and Defense
  • BFSI
  • IT and Telecom
  • Healthcare
  • Retail

Application control Market- By Country

  • Asia Pacific
    • Australia
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia Pacific
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