Middle East & Africa Browser Isolation Software Market Segments and Growth by 2027
Historic Data: 2017-2018 | Base Year: 2019 | Forecast Period: 2020-2027Middle East & Africa Browser Isolation Software Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Deployment Type (Cloud and On-Premises), Enterprise Size (Large Enterprises and SMEs), and End-Use Industry (IT and Telecommunication, BFSI, Government, Manufacturing, and Others)
- Report Date : Oct 2020
- Report Code : TIPRE00015434
- Category : Technology, Media and Telecommunications
- Status : Published
- Available Report Formats :
- No. of Pages : 102
The browser isolation software market in MEA is expected to grow from US$ 123.9 million in 2019 to US$ 339.1 million by 2027; it is estimated to grow at a CAGR of 14.1% from 2020 to 2027.
Saudi Arabia, South Africa and UAE are major economies in MEA. Surge in cybersecurity technology experiencing investment boost positively driving the MEA browser isolation software market. The MEA browser isolation software market is surging at a substantial pace on the back of growing investments in cybersecurity technology. The online threats continue to surge each year, and owing to this, the end users of high-end, sophisticated, and confidential data and product developers are heavily emphasizing on cybersecurity solutions including browser isolation software. Due to malware attacks and phishing, the investments in cybersecurity technology continue to climb at a steep rate. The increasing adoption of cybersecurity solutions by industries and other end users are thereby raising the investments in cybersecurity technology which has boosted browser isolation software market. The browsers in the present scenario are prone to cyberattacks, and in various instances, several industry players have witnessed data loss through an internet browser. This has led the victims to invest in advanced cybersecurity solutions such as browser isolation software to prevent future data loss and data security. Thus, investments in cybersecurity technology expected to create a significant demand for browser isolation software in the coming years, which would ultimately drive the browser isolation software market in MEA.
Further, the ongoing COVID-19 is causing drastic impact across the MEA region. Among the MEA countries, South Africa has faced the highest number of COVID-19 confirmed cases. The region comprises many growing economies such as the UAE, which are prospective browser isolation software market, owing to the huge presence of diverse customer base for the IT & Telecom and BFSI industry. The COVID-19 pandemic would have significant effects on economies, but the MEA has negatively impacted as there is already pressure on the economy of various oil-based countries due to falling oil prices. Additionally, the factory lockdowns, business shutdowns, and travel bans are further aggravating the economic problems of the countries in the MEA region. Hence, the estimated decline in MEA’s economic condition and impact of COVID-19 on the growth of various industries including browser isolation software market in the region is expected to negatively impact the growth of the browser isolation software market in 2020 and 2021. However the browser isolation software market will experience steep rise from 2022 onwards.
With the new features and technologies, vendors can attract new customers and expand their footprints in browser isolation software market. This factor is likely to drive the MEA browser isolation software market. The MEA isolation software market is expected to grow at a good CAGR during the forecast period.
MEA Browser Isolation Software Market
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MEA Browser Isolation Software Market Segmentation
MEA Browser Isolation Software Market – By Deployment Type
- Cloud
- On-Premises
MEA Browser Isolation Software Market – By Enterprise Size
- Large Enterprises
- SMEs
MEA Browser Isolation Software Market – By End-Use Industry
- IT and Telecommunication
- BFSI
- Government
- Manufacturing
- Other
MEA Browser Isolation Software Market, by Country
- Saudi Arabia
- South Africa
- UAE
- Rest of MEA
MEA Browser Isolation Software Market - Companies Mentioned
- Bitdefender
- Broadcom, Inc.
- Citrix Systems, Inc.
- Ericom Software.
- Menlo Security, Inc
Middle East & Africa Browser Isolation Software Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 123.9 Million |
| Market Size by 2027 | US$ 339.1 Million |
| Global CAGR (2020 - 2027) | 14.1% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Deployment Type
|
| Regions and Countries Covered | Middle East and Africa
|
| Market leaders and key company profiles |
Market Research & Consulting
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
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- Bitdefender
- Broadcom, Inc.
- Citrix Systems, Inc.
- Ericom Software.
- Menlo Security, Inc.
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