Global Application Control Market Size, Share, Trends, COVID-19 Impact & Growth Forecast Report – Segmented By Component, Access Point, Organization Size, Vertical, & Region - Industry Forecast From 2024 to 2032

Updated On: June, 2024
ID: 13342
Pages: 150

Global Application Control Market Size (2024 to 2032)

The global application control market is expected to be worth USD 2.61 billion by 2032 from USD 1.36 billion in 2024, growing at a CAGR of 8.5% during the foreseen period.

Many cyberattacks can be stealthy and High-level network visibility may not be sufficient to defend against data breaches and other attacks. Application control is a technology that allows different apps on a network to be uniquely identified by their traffic by enabling an organization to develop and implement incredibly sophisticated security and network routing policies based on the source of a specific traffic flow. It is a type of security software that aids in protecting the privacy and security of information used by and transformed among the applications by blocking or restricting unauthorized programs that could endanger the enterprise. Application control works by comparing various network traffic types to predefined models. The traffic must conform to specific standards, to enable the computers to communicate with each other. These specific standards must be known and understood to enable the application control to differentiate the types of traffic from each other.

MARKET DRIVERS

The increasing number of new applications leading to the introduction of new threats to the network is driving the demand for application control.

The growing digitization of businesses across various industries and the rising trend of remote jobs in companies are creating the need for application controls to avoid cyberattacks. Application controls help in reducing Bring-Your-Own-Device (BYOD) risk through enforcement of mobile application policies thereby accelerating the demand for them. Furthermore, the increasing risks of scams or malware through social networking tricks are expected to further fuel the growth of the applications control market.

MARKET RESTRAINTS

Application control technology can be employed only through a new device or a firewall replacement, which is a key factor hindering the growth of the application control market to a certain extent.

REPORT COVERAGE

REPORT METRIC

DETAILS

Market Size Available

2023 to 2032

Base Year

2023

Forecast Period

2024 to 2032

CAGR

8.5%

Segments Covered

By Component, Access Point, Organization Size, Vertical, and Region

 

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

 

 

Market Leaders Profiled

Intel Security (Mcafee), Symantec Corporation, CyberArk, Trend Micro Inc., Check Point Software Technologies Ltd., Carbon Black Inc., Digital Guardian, Broadcom Corporation, Cambium Networks, AppSense (Ivanti), Veracode, Watchguard Technologies, Inc., Fortinet, Inc., Comodo Group, Inc., VMware, Inc.,Thycotic Software, LLC, and others.

 

SEGMENTAL ANALYSIS

Global Application Control Market Analysis By Component

Based on the Component, the application control market is further segmented into Solutions and Services. The Application Control Services can be used to block malicious, dangerous, and unwanted applications from accessing the organization's network through control points. As a result, the Service segment is likely to play a dominant role in advancing the application control market by changing the security landscape.

The application control-based solutions have a wide range of applications for network security, enforcing control over servers, end-point security, and authentication. The development of application control tools has also made it easier to integrate forensic control, which automates the validation process and allows checks for inputs and data accuracy, both of which benefit end users. As a result, the application control market is anticipated to offer a wide range of lucrative business prospects for market participants in the forecast period.

Global Application Control Market Analysis By Access Point

The desktops/Laptops segment is likely to grow at a substantial rate as in desktops, the applications that are installed on desktops can be limited by the user which would stop access to undesired apps and dangerous actions on corporate machines. Application control for desktops is offered by firms like Beyond Trust Corporation, Ivanti, McAfee, LLC, and VMware, Inc.

Global Application Control Market Analysis By Organization Size

Based on organization size, the application control market is further segmented into Large Enterprises and Small and Medium Enterprises. Large Enterprises are likely to dominate the application control market. The most important asset in the majority of firms is information, so it is crucial to make sure that only authorized people have access to it. By limiting the apps that users are permitted to use and the code that runs in the System Core, application control can assist in reducing multiple types of security vulnerabilities. Additionally, unsigned scripts and MSIs can be blocked by application control settings. These factors are accelerating the use of application control mostly in Large Enterprises.

Global Application Control Market Analysis By Vertical

The Banking and Financial Institutions segment is expected to expand at a significant rate as the BFSIs are at the highest risk for cyberattacks and thus require a high preference for data security. The BFSI industry is often subject to complex and persistent attacks, including rootkits, injection attacks, social engineering, phishing scams, ransomware, file-less malware, and social engineering attacks. This is the major factor creating a demand for application control software to protect the data from major scams or malware.  Application control software is also widely being adopted by the government and defense sectors to avoid increasing cyberattacks and scams.

REGIONAL ANALYSIS

North America is expected to dominate the Application Control Market due to the huge adoption of technology amongst the companies in this region. Also, the high priority for the security of data is leading to the presence of a large number of security vendors ultimately resulting in the demand for application controls in the region. Furthermore, the increasing cyber-attacks particularly in the United States and the other regions of North America are creating a demand for Application Control software.

KEY PLAYERS IN THE GLOBAL APPLICATION CONTROL MARKET

Intel Security (Mcafee), Symantec Corporation, CyberArk, Trend Micro Inc., Check Point Software Technologies Ltd., Carbon Black Inc., Digital Guardian, Broadcom Corporation, Cambium Networks, AppSense (Ivanti), Veracode, Watchguard Technologies, Inc., Fortinet, Inc., Comodo Group, Inc., VMware, Inc. and Thycotic Software, LLC are some of the major players in the global application control market.

RECENT HAPPENINGS IN THE GLOBAL APPLICATION CONTROL MARKET

  • In October 2020, WatchGuard launched several Fireware releases. Fireware 12.6.2 Update 3 has been published in the Software Downloads Center and can be downloaded from there. This application is an update to v12.6.2. It comprises both bug fixes and updates to some key components.

  • In March 2020, ManageEngine launched Application Control Plus, an application whitelisting, blacklisting, and privilege management solution. Application Control Plus automates the placement of programs in whitelists and blacklists. By allowing only authorized access to programs and their associated privileges, Application Control Plus enhances its built-in, advanced Endpoint Privilege Management capability, enabling businesses to implement the principle of least privilege (PoLP) and Zero Trust.

DETAILED SEGMENTATION OF THE GLOBAL APPLICATION CONTROL MARKET INCLUDED IN THIS REPORT

This research report on the global application control market has been segmented and sub-segmented based on component, access point, organization size, vertical and region.

By Component

  • Solutions

  • Services

By Access Point

  • Desktops/Laptops

  • Servers

  • Mobiles/Tablets

  • Others

By Organization Size

  • Small and Medium Enterprises

  • Large Enterprises

By Vertical

  • Banking, Financial Services, and Insurance (BFSI)

  • IT & Telecom

  • Healthcare

  • Government & Defence

  • Retail

  • Oil & Gas

  • Others

By Region

  • North America

  • Europe

  • Asia-Pacific

  • South America

  • Middle East and Africa

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Frequently Asked Questions

What are the main drivers for growth in the global Application Control Market?

Key drivers for the growth of the Application Control Market globally include increasing cyber threats, stringent regulatory compliance requirements, and the rise in remote work environments. Organizations worldwide are adopting application control solutions to prevent unauthorized applications from running, which helps safeguard against malware, ransomware, and data breaches. Moreover, industries like BFSI, healthcare, and government require robust application control solutions due to their sensitive data and compliance needs.

How is the adoption of cloud computing impacting the Application Control Market?

The rise of cloud computing globally is creating a demand for application control solutions that can work across cloud, on-premises, and hybrid environments. Cloud adoption adds complexity to application control because it introduces new applications and potential security risks. Application control solutions are evolving to accommodate these needs by offering compatibility with cloud platforms and providing tools for managing application access in multi-cloud setups.

What are the main challenges faced by organizations when implementing application control solutions?

One of the main challenges in implementing application control solutions globally is the potential for operational disruption. Application control can be complex, requiring careful configuration to avoid blocking legitimate applications that users need for their work. Additionally, the growing use of shadow IT and the constant addition of new applications can make it challenging to maintain effective control without impacting productivity.

What are the future trends in the Application Control Market?

Future trends in the Application Control Market include increased integration with cloud security platforms, greater use of AI and machine learning for advanced threat detection, and a shift toward zero-trust architectures. Additionally, as remote and hybrid work models become permanent, there will be a growing demand for solutions that can manage and control applications across diverse environments without compromising user experience.

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