Application Control Market expected to reach 1.90 Billion USD by 2020
Application Control Market by Component (Solution, Services), Access Point (Desktops/ Laptops, Mobiles/Tablets, Servers) - Global Forecast to 2020
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Application control solution blocks the unwanted and unauthorized applications from executing on various endpoints and safeguards them from Advanced Persistent Threats (APTs), zero-day malwares, and targeted attacks. As the frequency of targeted attacks on enterprises is growing, the market is expected to gain traction in the next five years.
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The major forces driving the application control market are the need to protect data against threats and limitation of traditional security solutions to protect against targeted attacks. In today’s hyper-connected world, new and sophisticated threats such as APTs and zero-day exploits are putting critical company data, applications, and endpoints at risk.
North America expected to contribute the largest market share, Asia-Pacific (APAC) to grow the fastest
North America is expected to hold the largest market share and dominate the application control market from 2015 to 2020, due to the presence of a large number of security vendors. APAC offers potential growth opportunities, as there is a rise in the Bring Your Own Device (BYOD) adoption rate among organizations that in turn are deploying application control solutions to defend against potential threats to protect endpoints.
The major vendors in the application control market include Symantec Corporation, Intel Security, Trend Micro, Check Point Security Technologies Ltd., CyberArk, Digital Guardian, Carbon Black, AppSense, and Arellia, among others.
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