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.
Saudi Arabia, UAE and South Africa and major economies in MEA. IT threats being handled by coming up of government mandates has recently picked up pace after weak steps by government in last few years. In order to accelerate the penetration of application control in MEA the governments of many countries including South Africa, Saudi Arabia, UAE have regulated IT companies with data encryption and protection laws; technology firms are now leveraging these regulatory environments. The primary users of application control are the Insurance companies, banks, IT companies. Various other financial services companies, are also the primary users of application control as they have to handle large volumes of personally identifiable information (PII) and government data protection regulations. Cyber security regulations, which includes the Health Insurance Portability and Accountability Act (HIPAA) is being regulated in Saudi Arabia. The mandate to comply with these regulations helps boost the implementation of security solutions in MEA. In the era of fast growing IT technology security threats and hackings have become so common and every enterprise be it large or small are vulnerable to such threats hence they need to have IT security solutions. The MEA expenditure on tackling this issue has increased in the last recent years as the enterprises are prone to cyber-crimes. The budget allocation for cloud security has risen by 148% since 2017. Also, expenditure on other information security software has grown by 25% from 2017 to 2019. Other facts regarding cyber-attack includes; more than 85% of malware are done through email platform and in the first half of 2019, the number of attacks on IoT devices have been tripled due to high usage of connected devices,. These aspects generate a need for advanced security solutions. Moreover, Cybint, a cyber-education company, has mentioned some facts about cyber security through its report, and they are as follows: The retail, IT and telecommunications, and government sectors account for >80% breach records of the MEA. Recently >70% of health insurance agencies, medical treatment facilities, and healthcare manufacturing companies witnessed malware attacks. In addition to data breaches in the industrial sector, personal data has also been sabotaged. Thus the handling of IT threats with government’s mandates is likely to rise tremendously to protect both individuals and enterprise data, further promoting the use of application control in MEA thus proving to be a major driving factor for the growth of MEA application control market. Furthermore the 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.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the application control market. The Middle East and Africa Application Control market is expected to grow at a good CAGR during the forecast period.
Middle East and Africa Application Control Market
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MEA Application Control Market Segmentation
MEA Application Control Market – By Component
- Solutions
- Services
MEA Application Control Market – By Access Points
- Desktops/Laptops
- Servers
- Mobiles/Tablets
- Others
MEA Application Control Market – By Organization Size
- Small and Medium Enterprises
- Large Enterprises
MEA Application Control Market – By Vertical
- Government and Defense
- BFSI
- IT and Telecom
- Health Care
- Retails
- Others
MEA Application Control Market - By Country
- Saudi Arabia
- UAE
- South Africa
- Rest of MEA
MEA Application Control Market-Companies Mentioned
- 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
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Component, Access Points, Organization size, and Vertical
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Saudi Arabia
1.Introduction
1.1Study Scope
1.2The Insight Partners Research Report Guidance
1.3Market Segmentation
2.Key Takeaways
3.Research Methodology
3.1Coverage
3.2Secondary Research
3.3Primary Research
4.MEA Application Control Market Landscape
4.1Market Overview
4.2MEA PEST Analysis
4.3Ecosystem Analysis
4.4Expert Opinion
5.MEA Application Control Market –Key Market Dynamics
5.1Market Drivers
5.1.1IT Threats Being Handled by Coming Up of Government Mandates
5.1.2Application Control Audit Services Getting Highly Adopted
5.2Market Restraints
5.2.1SMEs Finding Intricacies in Using Advanced Security Solutions
5.3Market Opportunities
5.3.1Shooting Up of Requirements for Integrated Security in Banking Industries
5.4Future Trends
5.4.1Surge in Choice for Bring-Your-Own-Devices Throughout MEA
5.5Impact Analysis of Drivers and Restraints
6.Application Control Market – MEA Analysis
6.1Application Control Market MEA Overview
6.2MEA Application Control Market – Revenue and Forecast to 2027 (US$ Million)
6.3Market Positioning – Five Key Players
7.MEA Application Control Market Analysis– By Component
7.1Overview
7.2MEA Application Control Market Breakdown, by Component, 2019 & 2027
7.3Solution
7.3.1Overview
7.3.2Solution Market Forecast and Analysis
7.4Services
7.4.1Overview
7.4.2Services Market Forecast and Analysis
7.4.2.1Managed Services
7.4.2.1.1Overview
7.4.2.1.2Managed Services Market Forecast and Analysis
7.4.2.2Professional Services
7.4.2.2.1Overview
7.4.2.2.2Professional Services Market Forecast and Analysis
8.MEA Application Control Market Analysis– By Access Points
8.1Overview
8.2MEA Application Control Market Breakdown, by Access Point, 2019 & 2027
8.3Desktops/Laptops
8.3.1Overview
8.3.2Desktops/Laptops Market Forecast and Analysis
8.4Servers
8.4.1Overview
8.4.2Servers Market Forecast and Analysis
8.5Mobiles/Tablets
8.5.1Overview
8.5.2Mobiles/Tablets Market Forecast and Analysis
8.6Others
8.6.1Overview
8.6.2Others Market Forecast and Analysis
9.MEA Application Control Market Analysis – By Organization Size
9.1Overview
9.2MEA Application Control Market Breakdown, by Organization Size, 2019 & 2027
9.3SMEs
9.3.1Overview
9.3.2SMEs Market Revenue and Forecast to 2027 (US$ Million)
9.4Large Enterprises
9.4.1Overview
9.4.2Large Enterprises Market Revenue and Forecast to 2027 (US$ Million)
10.MEA Application Control Market Analysis– By Vertical
10.1Overview
10.2MEA Application Control Market Breakdown, by Vertical, 2019 & 2027
10.3Government and Defense
10.3.1Overview
10.3.2Government and Defense Market Forecast and Analysis
10.4BFSI
10.4.1Overview
10.4.2BFSI Market Forecast and Analysis
10.5IT and Telecom
10.5.1Overview
10.5.2IT and Telecom Market Forecast and Analysis
10.6Healthcare
10.6.1Overview
10.6.2Healthcare Market Forecast and Analysis
10.7Retail
10.7.1Overview
10.7.2Retail Market Forecast and Analysis
10.8Others
10.8.1Overview
10.8.2Others Market Forecast and Analysis
11.MEA Application Control Market – Country Analysis
11.1Overview
11.1.1MEA: Application Control Market, by Key Country
11.1.1.1South Africa: Application Control Market – Revenue and Forecast to 2027 (US$ Million)
11.1.1.1.1South Africa: Application Control Market, by Component
11.1.1.1.1.1South Africa: Application Control Market, By Service Component
11.1.1.1.2South Africa: Application Control Market, by Access Points
11.1.1.1.3South Africa: Application Control Market, by Organization Size
11.1.1.1.4South Africa: Application Control Market, by Vertical
11.1.1.2Saudi Arabia: Application Control Market – Revenue and Forecast to 2027 (US$ Million)
11.1.1.2.1Saudi Arabia: Application Control Market, by Component
11.1.1.2.1.1Saudi Arabia: Application Control Market, By Service Component
11.1.1.2.2Saudi Arabia: Application Control Market, by Access Points
11.1.1.2.3Saudi Arabia: Application Control Market, by Organization Size
11.1.1.2.4Saudi Arabia: Application Control Market, by Vertical
11.1.1.3UAE: Application Control Market – Revenue and Forecast to 2027 (US$ Million)
11.1.1.3.1UAE: Application Control Market, by Component
11.1.1.3.1.1UAE: Application Control Market, By Service Component
11.1.1.3.2UAE: Application Control Market, by Access Points
11.1.1.3.3UAE: Application Control Market, by Organization Size
11.1.1.3.4UAE: Application Control Market, by Vertical
11.1.1.4Rest of MEA: Application Control Market – Revenue and Forecast to 2027 (US$ Million)
11.1.1.4.1Rest of MEA: Application Control Market, by Component
11.1.1.4.1.1Rest of MEA: Application Control Market, By Service Component
11.1.1.4.2Rest of MEA: Application Control Market, by Access Points
11.1.1.4.3Rest of MEA: Application Control Market, by Organization Size
11.1.1.4.4Rest of MEA: Application Control Market, by Vertical
12.MEA Application Control Market- COVID-19 Impact Analysis
12.1MEA: Impact Assessment of COVID-19 Pandemic
13.Industry Landscape
13.1Market Initiative
13.2Merger and Acquisition
13.3New Development
14.Company Profiles
14.1Broadcom, Inc.
14.1.1Key Facts
14.1.2Business Description
14.1.3Products and Services
14.1.4Financial Overview
14.1.5SWOT Analysis
14.1.6Key Developments
14.2Cambium Networks
14.2.1Key Facts
14.2.2Business Description
14.2.3Products and Services
14.2.4Financial Overview
14.2.5SWOT Analysis
14.2.6Key Developments
14.3Ivanti
14.3.1Key Facts
14.3.2Business Description
14.3.3Products and Services
14.3.4Financial Overview
14.3.5SWOT Analysis
14.3.6Key Developments
14.4Check Point Software Technologies Ltd.
14.4.1Key Facts
14.4.2Business Description
14.4.3Products and Services
14.4.4Financial Overview
14.4.5SWOT Analysis
14.4.6Key Developments
14.5McAfee, LLC
14.5.1Key Facts
14.5.2Business Description
14.5.3Products and Services
14.5.4Financial Overview
14.5.5SWOT Analysis
14.5.6Key Developments
14.6CyberArk Software Ltd.
14.6.1Key Facts
14.6.2Business Description
14.6.3Products and Services
14.6.4Financial Overview
14.6.5SWOT Analysis
14.6.6Key Developments
14.7VMware, Inc.
14.7.1Key Facts
14.7.2Business Description
14.7.3Products and Services
14.7.4Financial Overview
14.7.5SWOT Analysis
14.7.6Key Developments
14.8WatchGuard Technologies, Inc.
14.8.1Key Facts
14.8.2Business Description
14.8.3Products and Services
14.8.4Financial Overview
14.8.5SWOT Analysis
14.8.6Key Developments
14.9Trend Micro Incorporated
14.9.1Key Facts
14.9.2Business Description
14.9.3Products and Services
14.9.4Financial Overview
14.9.5SWOT Analysis
14.9.6Key Developments
14.10DriveLock SE
14.10.1Key Facts
14.10.2Business Description
14.10.3Products and Services
14.10.4Financial Overview
14.10.5SWOT Analysis
14.10.6Key Developments
15.Appendix
15.1About The Insight Partners
15.2Word Index
LIST OF TABLES
Table 1.MEA Application Control Market – Revenue and Forecast to 2027 (US$ Million)
Source: The Insight Partners Analysis
Table 2.South Africa: Application Control Market, by Component – Revenue and Forecast to 2027 (US$ Million)
Table 3.South Africa: Application Control Market, By Service Component – Revenue and Forecast to 2027 (US$ Million)
Table 4.South Africa: Application Control Market, by Access Points – Revenue and Forecast to 2027 (US$ Million)
Table 5.South Africa: Application Control Market, by Organization Size – Revenue and Forecast to 2027 (US$ Million)
Table 6.South Africa: Application Control Market, by Vertical – Revenue and Forecast to 2027 (US$ Million)
Table 7.Saudi Arabia: Application Control Market, by Component – Revenue and Forecast to 2027 (US$ Million)
Table 8.Saudi Arabia: Application Control Market, By Service Component – Revenue and Forecast to 2027 (US$ Million)
Table 9.Saudi Arabia: Application Control Market, by Access Points – Revenue and Forecast to 2027 (US$ Million)
Table 10.Saudi Arabia: Application Control Market, by Organization Size – Revenue and Forecast to 2027 (US$ Million)
Table 11.Saudi Arabia: Application Control Market, by Vertical – Revenue and Forecast to 2027 (US$ Million)
Table 12.UAE: Application Control Market, by Component – Revenue and Forecast to 2027 (US$ Million)
Table 13.UAE: Application Control Market, By Service Component – Revenue and Forecast to 2027 (US$ Million)
Table 14.UAE: Application Control Market, by Access Points – Revenue and Forecast to 2027 (US$ Million)
Table 15.UAE: Application Control Market, by Organization Size – Revenue and Forecast to 2027 (US$ Million)
Table 16.UAE: Application Control Market, by Vertical – Revenue and Forecast to 2027 (US$ Million)
Table 17.Rest of MEA: Application Control Market, by Component – Revenue and Forecast to 2027 (US$ Million)
Table 18.Rest of MEA: Application Control Market, By Service Component – Revenue and Forecast to 2027 (US$ Million)
Table 19.Rest of MEA: Application Control Market, by Access Points – Revenue and Forecast to 2027 (US$ Million)
Table 20.Rest of MEA: Application Control Market, by Organization Size – Revenue and Forecast to 2027 (US$ Million)
Table 21.Rest of MEA: Application Control Market, by Vertical – Revenue and Forecast to 2027 (US$ Million)
Table 22.List of Abbreviation
LIST OF FIGURES
Figure 1.MEA Application Control Market Segmentation
Figure 2.MEA Application Control Market Segmentation – By Country
Figure 3.MEA Application Control Market Overview
Figure 4.MEA Application Control Market Outlook
Figure 5.MEA Application Control Market – Country Analysis
Figure 6.MEA Application Control Market – Component Analysis
Figure 7.MEA Application Control Market – Access Point Analysis
Figure 8.MEA Application Control Market – Organization Size Analysis
Figure 9.MEA Application Control Market – Vertical Analysis
Figure 10.MEA – PEST Analysis
Figure 11.Ecosystem Analysis
Figure 12.Expert Opinion
Figure 13.MEA Application Control Market Impact Analysis of Drivers and Restraints
Figure 14.MEA Application Control Market – Revenue and Forecast to 2027 (US$ Million)
Figure 15.MEA Application Control Market Breakdown, by Component, 2019 & 2027 (%)
Figure 16.MEA Solution Market Revenue and Forecast to 2027 (US$ Million)
Figure 17.MEA Services Market Revenue and Forecast to 2027 (US$ Million)
Figure 18.MEA Managed Services Market Revenue and Forecast to 2027 (US$ Million)
Figure 19.MEA Professional Services Market Revenue and Forecast to 2027 (US$ Million)
Figure 20.MEA Application Control Market Breakdown, by Access Points, 2019 & 2027 (%)
Figure 21.MEA Desktops/Laptops Market Revenue and Forecast to 2027 (US$ Million)
Figure 22.MEA Servers Market Revenue and Forecast to 2027 (US$ Million)
Figure 23.MEA Mobiles/Tablets Market Revenue and Forecast to 2027 (US$ Million)
Figure 24.MEA Others Market Revenue and Forecast to 2027 (US$ Million)
Figure 25.MEA Application Control Market Breakdown, by Organization Size (2019 and 2027)
Figure 26.MEA SMEs Market Revenue and Forecast to 2027 (US$ Million)
Figure 27.MEA Large Enterprises Market Revenue and Forecast to 2027 (US$ Million)
Figure 28.MEA Application Control Market Breakdown, by Vertical, 2019 & 2027 (%)
Figure 29.MEA Government and Defense Market Revenue and Forecast to 2027 (US$ Million)
Figure 30.MEA BFSI Market Revenue and Forecast to 2027 (US$ Million)
Figure 31.MEA IT and Telecom Market Revenue and Forecast to 2027 (US$ Million)
Figure 32.MEA Healthcare Market Revenue and Forecast to 2027 (US$ Million)
Figure 33.MEA Retail Market Revenue and Forecast to 2027 (US$ Million)
Figure 34.MEA Others Market Revenue and Forecast to 2027 (US$ Million)
Figure 35.MEA: Application Control Market Revenue Share, by Key Country (2019 and 2027)
Figure 36.South Africa: Application Control Market – Revenue and Forecast to 2027 (US$ Million)
Figure 37.Saudi Arabia: Application Control Market – Revenue and Forecast to 2027 (US$ Million)
Figure 38.UAE: Application Control Market – Revenue and Forecast to 2027 (US$ Million)
Figure 39.Rest of MEA: Application Control Market – Revenue and Forecast to 2027 (US$ Million)
Figure 40.Impact of COVID-19 Pandemic in MEA Markets
The List of Companies - Middle East and Africa Application Control Market
- 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 Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- 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.
- 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:
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.
- 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.
- 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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