The global application control software industry was valued at US$ 16 Billion in 2022 and is expected to reach a value of US$ 17.28 Billion in 2023. The market is projected to grow at a CAGR of 12% between 2023 and 2033, exceeding US$ 53.7 Billion by 2033.
An application control practice aims to prevent unauthorized applications from performing certain operations that may put the information in any given application at risk. Depending on the purpose of the application, the control functions may vary, but more commonly, they are designed to protect data used and transmitted by the application during its operation.
As businesses grow increasingly dependent on applications, they have become more integrated into their day-to-day operations. As companies operate efficiently and productively while monitoring and controlling data security threats, third-party applications, cloud applications, and web-based applications are keys to success. Whitelisting and blacklisting capabilities are common in most application control solutions that allow organizations to determine which apps to trust and run, and which ones to reject. Software and network access that is malicious, illegal, or unauthorized can pose serious risks to companies of all sizes.
With companies increasingly looking for ways to reduce manual control and streamline processes, automation is becoming increasingly popular in application control software. Several tasks can be automated with the help of automation such as scheduling, deployments, and monitoring, which can be performed automatically. Furthermore, there is a growing popularity of cloud computing as a way of deploying application control software which is increasingly becoming more common. In order to achieve improved scalability and flexibility, the software can be accessed from anywhere and used from any device, enabling users to use it whenever they want.
The application control software market offers a wide range of opportunities for businesses to grow. Many enterprises offer software solutions to manage ERP applications, including IBM, Microsoft, Oracle, and SAP. In addition to managing the design and development of applications, these solutions help organizations test and deploy these applications. There are also many companies offering specialized application control software solutions tailored to specific industries, such as the healthcare and financial services sectors, which are being offered by many of these companies.
A future version of the application control software is expected to be even more sophisticated and advanced in the market. In the future, the system will be able to detect and prevent malware attacks by detecting and preventing unauthorized access to applications and data. A user group and role-based access control system will also be capable of monitoring and controlling access to different applications and data. In addition to this, it will be able to detect malicious traffic which will be able to identify malicious software which can infect the network and prevent it from entering. The software should be able to conduct monitoring and reporting on the use, performance, and security of the applications.
Businesses will increasingly demand security and compliance in the coming years, which may lead to an increase in the use of application control software. In addition to ensuring their systems are only using authorized programs, companies utilize this type of software to protect their systems from malware and data breaches. As well as monitoring user activity, companies can also use application control software to ensure that employees adhere to company policies and also monitor compliance. Moreover, businesses can automate their security processes with the help of application control software in order to save time and money through automation. Technology and data will be increasingly reliant on businesses, and application control software will play a larger role in protecting systems and data.
Leading the Continuous Diagnostics and Mitigation (CDM) program for the Department of Homeland Security (DHS), McAfee continually innovates to meet and surpass government security requirements. As a trusted partner for federal agencies, McAfee secures their devices, networks, and systems, preparing for tomorrow's issues today. The CDM program's Application Control performs two key functions which are in line with the Software Asset Management (SWAM) capability requirements, whitelisting applications and delivering software inventory in a timely manner.
Data Points | Key Statistics |
---|---|
Estimated Base Year Value (2022) | US$ 16 Billion |
Expected Market Value (2023) | US$ 17.28 Billion |
Anticipated Forecast Value (2033) | US$ 53.7 Billion |
Projected Growth Rate (2023 to 2033) | 12% CAGR |
Mobile applications are at a stage where organizations consider them to be the backbone of business. The practice of propelling a business based on mobile applications is at an all-time rise. Under such circumstances, it has become very important for businesses to protect themselves from growing risks of remote attacks in order to keep business processes secure and productive.
Application control software helps businesses to outsmart cybercriminals and helps in reducing risk from unauthorized applications to control endpoints, fixed devices, and servers. With thousands of new software applications being rolled out daily, it has become extremely difficult for organizations to protect all potential threat vectors.
Due to this factor, organizations are adopting application control software to enhance defenses against malware and targeted attacks and to protect corporate endpoints from unwanted and unknown applications.
Today’s resource-strapped IT departments face tremendous pressure to ensure that endpoints and servers comply with operating procedures, regulations, and security policies. Moreover, with the growing adoption of digital solutions and technologies such as cloud computing, mobility, and IoT solutions, the need for advanced network security is driving the growth of application control software market.
Moreover, the growing adoption of mobile and web applications and need for advanced security solutions which helps in reducing endpoint attack exposure are generating the potential demand for application control software.
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The continuous rise in remote access, cloud-based resources, and mobility solutions is propelling enterprises to adopt for easy-to-manage solutions which constantly helps in reducing endpoint attack exposure which is one of the key factors driving the growth of application control software market.
Moreover, the rising trend of BYOD (Bring Your Own Device) and increasing data vulnerability against deployment of new applications are also some of major factors propelling the growth of application control software.
Apart from this, with the growing demand of interconnected devices among the enterprises, the need of security to protect the endpoints from security breaches and cyber-attacks is generating the demand for application control software. Also, the advancement in the security management solutions and increasing number mobile threat issues in the enterprises are some of the key factors fuelling the growth of application control software market.
Moreover, the application control software market is also growing as enterprises are focusing on handling highly variable risk associated with an exposed security posture and for real-time threat intelligence.
As the organizations around the world are challenged in controlling dynamic and hybrid IT environment, the scope of mobile applications is increasing continuously. Owing to this, most of the leading players in the application control software market are coming with advanced and innovative solutions that meets the ever-changing demand from organizations for advanced security solutions.
Also, leading players in the application control software market are focusing on entering into collaborations and partnerships to better serve the regional customers and to adhere with the regional regulations and policies. Some of the key players in the application control software market are -
On the basis of regions, Asia Pacific and North America are expected to lead the application control software market owing to the growing adoption of digital technologies and presence of leading application control software providers in the region.
Also, with the rising remote working trend and growing need to outsmart the advanced cyber threats growing rapidly in the region, the demand for application control software market is expected to increase in coming years. Moreover, Europe is also expected to create significant growth opportunities, owing to the continuous increase in adoption of advanced security solutions among the enterprises in the regions to strengthen their IT framework.
Furthermore, the rising BYOD trend and increasing spending on strengthening enterprise IT security in the advanced and emerging economies around the globe is expected to drive the application control software market.
The Application Control Software market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The market report also maps the qualitative impact of various market factors on market segments and geographies.
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The Application Control Software market has been segmented on the basis of component, enterprise size, and vertical.
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis and Forecast 6.1. Component 6.2. Enterprise Size 6.3. Vertical 7. Global Market Analysis and Forecast, By Component 7.1. Application Control Software/Platform 7.2. Services 7.3. Professional Services 7.4. Managed Services 8. Global Market Analysis and Forecast, By Enterprise Size 8.1. Small & Medium Enterprises 8.2. Large Enterprises 9. Global Market Analysis and Forecast, By Vertical 9.1. BFSI 9.2. IT & Telecom 9.3. Manufacturing 9.4. Travel & Hospitality 9.5. Healthcare 9.6. Energy & Utilities 9.7. Retail & Consumer Goods 9.8. Transportation & Logistics 9.9. Others 10. Global Market Analysis and Forecast, By Region 10.1. North America 10.2. Latin America 10.3. Europe 10.4. South Asia & Pacific 10.5. Middle East and Africa 10.6. East Asia 11. North America Sales Analysis and Forecast, by Key Segments and Countries 12. Latin America Sales Analysis and Forecast, by Key Segments and Countries 13. Europe Sales Analysis and Forecast, by Key Segments and Countries 14. South Asia & Pacific Sales Analysis and Forecast, by Key Segments and Countries 15. Middle East and Africa Sales Analysis and Forecast, by Key Segments and Countries 16. East Asia Sales Analysis and Forecast, by Key Segments and Countries 17. Sales Forecast by Component, Enterprise Size, and Vertical for 30 Countries 18. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 19. Company Profile 19.1. McAfee 19.2. Cisco Systems, Inc. 19.3. Check Point Software Technologies 19.4. Palo Alto Networks, Inc. 19.5. Trend Micro 19.6. Advantech Co., Ltd.
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