Browser Isolation Software Market to Grow at a CAGR of 18.2% to reach US$ 6,635.1 Million from 2020 to 2027

Browser Isolation Software Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Deployment (Cloud and On-Premise), Enterprise Size (Large Enterprises and SMEs), End-Use Industry (IT & Telecom, BFSI, Government, Manufacturing, and Others), and Geography

  • Report Code : TIPRE00012434
  • Category : Technology, Media and Telecommunications
  • Status : Published
  • No. of Pages : 163
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The browser isolation software market expected to grow from US$ 2058.7 million in 2020 to US$ 6635.1 million by 2027; it is estimated to grow at a CAGR of 18.2% from 2020 to 2027.

Lowering cost of browser isolation software is attributing to the growth of the market. The browser isolation technology is the future of advanced cybersecurity. Several well-established organizations, SMEs, and emerging companies seek technology robust cybersecurity solutions, especially browser security solutions. However, the high cost of solutions is restricting the companies from adopting the technology. The players operating in the browser isolation software market are offering their products at a competitive price owing to the fact that they are integrating enormous technologies to safeguard the user's browser from a data breach. Integration of higher number of codes and technologies increases the upfront cost of the software. The competitive price of browser isolation software is higher as compared to various other cybersecurity software. This is restricting the number of industry participants willing to adopt this advanced technology.

Thus, reducing the software's cost is anticipated to catalyze the adoption rate among large organizations, SMEs, and niche players. Hence, reducing the price of browser isolation software per user per month is the key parameter that the browser isolation software market players should focus on to gain customer base and annual revenues, and boost the growth of the market.

Impact of COVID-19 Pandemic on Browser Isolation Software Market

The COVID-19 outbreak has caused severe disruptions in primary businesses like as shipping, retail, and e-commerce, and the sharp drop in international trade has harmed global economic growth. Businesses are being harmed by manufacturing closures, travel prohibitions, trade bans, and border closures enacted to combat and contain the outbreak. The continued loss of business as a result of the lockdown measures is projected to have a direct influence on the global expansion of security solutions investments. The browser isolation software market's growth rate is predicted to be hampered by disrupted company activities and product sales.

Lucrative Regions in Browser Isolation Software Market


Lucrative Regions in Browser Isolation Software Market
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
 

Market Insights–Browser Isolation Software Market

Increase in Number of SMEs

The browser isolation software market is expected to experience substantial growth pertaining to rise in number of SMEs across industries worldwide. The industries including manufacturing, transportation and logistics, IT and telecommunication, and BFSI, are witnessing a significant rise in the number of SMEs and emerging companies. According to the Ponemon Institute, 60% of SMEs in the European countries disappear post suffering data breach. One of the significant risks that SMEs face is the belief that they are less preferred by cyber attackers due to their company size. This facilitates the hackers to penetrate through their networks, which leads to data loss.

In the Internet-based era, most of the industry players drive their business through the internet. Emerging companies and SMEs across industries are learning the consequences of data breaches from the large enterprises, which experienced cyberattacks. Owing to this, emerging companies and SMEs are extensively monetizing on cybersecurity solutions in order to secure data from cyber attackers. Since browser usage is exponentially rising among SMEs and emerging companies, the need for browser security is escalating rapidly among these organizations. This is anticipated to boost the growth of the browser isolation software market.

Deployment Type-Based Insights

Based on deployment type, the browser isolation software market is segmented into cloud and on-premise. The cloud segment held the largest market share in 2019.

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Browser Isolation Software Market: Strategic Insights

browser-isolation-software-market
Market Size Value inUS$ 2058.7 Million in 2020
Market Size Value byUS$ 6635.1 Million by 2027
Growth rateCAGR of 18.2% from 2020-2027
Forecast Period2020-2027
Base Year2020
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Players operating in the browser isolation software market are mainly focused on the development of advanced and efficient products.

  • In 2020, Broadcom Inc. declared the availability of DX NetOps powered by Broadcom Silicon, the industry’s first AI-driven, high scale operations monitoring and analytics solution. Captured at the chip level for advanced network triage and remediation, DX NetOps delivers fine-grain per packet and flow level visibility to mitigate complex network congestion.
  • In 2020, Ericom Software and forcepoint partnered together to combine Ericom's remote browser isolation capabilities across Forcepoint's Dynamic Edge Protection cloud-native SASE solution, Forcepoint reported on Wednesday.

The browser isolation software market has been segmented as follows:


Browser Isolation Software Market - By Deployment

  • Cloud
  • On-Premise

Browser Isolation Software Market - By Enterprise Size

  • SMEs
  • Large Enterprises

Browser Isolation Software Market - By End-Use Industry

  • BFSI
  • IT & Telecom
  • Government
  • Manufacturing
  • Others

Browser Isolation Software Market – by Geography

  • North America

    • US
    • Canada
    • Mexico
  • Europe

    • France
    • Germany
    • Italy
    • Russia
    • U.K
    • Rest of Europe
  • Asia Pacific (APAC)

    • Japan
    • China
    • Australia
    • India
    • South Korea
    • Rest of APAC
  • Middle East and Africa (MEA)

    • Saudi Arabia
    • UAE
    • South Africa
    • Rest of MEA
  • South America (SAM)

    • Brazil
    • Argentina
    • Rest of SAM

Browser Isolation Software Market – Company Profiles

  • Authentic8, Inc.
  • Citrix Systems, Inc.
  • Cyberinc
  • Ericom Software.
  • Kasm Technologies
  • Menlo Security, Inc.
  • Bitdefender
  • WebGap Inc.
  • Broadcom, Inc.
  • Bromium Inc.
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Deployment , Enterprise Size , End-Use Industry , and Geography

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States

Frequently Asked Questions


What are reasons behind browser isolation software market growth?

The growth of the browser isolation software market is primarily attributed to the rise in investments towards cybersecurity technology. Moreover, the BFSI industry players are increasingly capitalizing on web browser security software, thereby substantially driving the browser isolation software market.

What are market opportunities for browser isolation software?

Rise in partnerships and acquisitions is expected to create significant opportunity of the browser isolation software market growth. The demand for browser security solutions is escalating at a substantial pace across industries. Large organizations are strongly emphasizing on the adoption of such technologies to secure the data and information on respective networks. In order to facilitate the buyers, the market players are either collaborating with well-established and industry-recognized software developers or conducting acquisition activities. The partnerships and acquisition activities are enabling the companies to gain a customer base by offering robust technologies.

Which deployment type is expected to dominate the market in the forecast period?

The browser isolation software market is led by cloud segment with highest share and is expected to dominate in the forecast period. The cloud segment generates the majority of the demand since it is comparatively less expensive and due to strong network infrastructure in developed countries. In addition, the cloud-based browser isolation software vendors are highly focused on developing a high-level security patch in order to eliminate the risk of cyber-attack.

The List of Companies - Browser Isolation Software Market

  1. Authentic8, Inc.
  2. Citrix Systems, Inc.
  3. Cyberinc
  4. Ericom Software.
  5. Kasm Technologies
  6. Menlo Security, Inc.
  7. Bitdefender
  8. WebGap Inc.
  9. Broadcom, Inc.
  10. Bromium Inc.

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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