Application Control Market Size - Growth, Share by 2031
The application control market size is projected to reach US$ 2,747.36 million by 2031 from US$ 1,871.03 million in 2023. The market is expected to register a CAGR of 4.9% in 2023–2031. The rising adoption of the bring-your-own-device (BYOD) trend among consumers is likely to remain a key application control market trend.
Application Control Market Analysis
The application control market is growing at a rapid pace due to the increasing demand for application control solutions for mitigating insider threats and growing security concerns among consumers for protecting their data against threats. The market is expanding steadily, driven by the limitation of traditional security solutions and increasing awareness among consumers related to the significant benefits provided by application control solutions. Moreover, the rising demand for enhanced visibility and control among businesses and the growing demand for integrated security solutions are providing lucrative opportunities for market growth.
Application Control Market Overview
Application control is a technology that allows apps on a network to be uniquely recognized by their traffic. It enables businesses to create and apply extremely sophisticated security and routing protocols based on the origin of a specific traffic flow. It is a security software that helps to protect the privacy and security of information used and changed by applications by banning or restricting illegal programs that could harm the organization. Application control compares different network traffic types to established models. The traffic must adhere to specified standards in order for the computers to communicate with one another. These specific standards must be known and understood so that the application control can distinguish between different sorts of traffic.
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Application Control Market: Strategic Insights
Market Size Value in US$ 1.71 Billion in 2021 Market Size Value by US$ 2.24 Billion by 2027 Growth rate CAGR of 4.5% from 2021-2027 Forecast Period 2021-2027 Base Year 2021
Naveen
Have a question?
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Application Control Market: Strategic Insights
| Market Size Value in | US$ 1.71 Billion in 2021 |
| Market Size Value by | US$ 2.24 Billion by 2027 |
| Growth rate | CAGR of 4.5% from 2021-2027 |
| Forecast Period | 2021-2027 |
| Base Year | 2021 |
Naveen
Have a question?
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
Application Control Market Drivers and Opportunities
Increasing Demand for Application Control Solutions for Mitigating Insider Threats is Driving the Market
Rising concern among consumers related to protecting their data from cyberattacks is driving the market. Application control solutions support the user in mitigating insider threats by restricting the execution of certain applications that may pose a risk to data. For instance, firms are using application control solutions to prevent employees from running unapproved or unauthorized applications. This reduces the likelihood of insider-related data breaches. Hence fueling the market during the forecast period.
Rising Demand for Enhanced Visibility and Control Among Businesses – An Opportunity in the Application Control Market
Application control solutions are helping businesses by providing enhanced visibility and control over the software running on their networks and systems. These solutions support administrators by providing enhanced visibility and control to monitor applications' identity, usage, and potential security risks and impose policies for ensuring compliance with security practices, which is expected to create opportunities in the market during the forecast period. Moreover, the demand for enhanced visibility and control is highly essential for businesses to secure and compliant IT environments, specifically for industries that are dealing with strict regulatory requirements.
Application Control Market Report Segmentation Analysis
Key segments that contributed to the derivation of the application control market analysis are component, access points, organization size, and vertical.
- Based on component, the application control market is divided into solution and services. The services segment is further sub-segmented into managed services and professional services. The solution segment held a larger market share in 2023.
- On the basis of access points, the application control market is divided into desktops/laptops, servers, mobiles/tablets, and others. The desktops/laptops segment held a larger market share in 2023.
- In terms of organization size, the market is categorized as SMEs and large enterprises. The large enterprises segment held a larger market share in 2023.
- Based on vertical, the market is categorized as government and defense, BFSI, IT and telecom, healthcare, retail, and others. The BFSI segment held a larger market share in 2023.
Application Control Market Share Analysis by Geography
The geographic scope of the application control market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South America/South & Central America.
In terms of revenue, North America accounted for the largest application control market share, due to the presence of a large number of security suppliers. The growing adoption of cloud-based applications and increasing demand for regional data centers is fueling the market. Moreover, a growing number of cyberattacks in countries including the US, Canada, and Mexico are creating significant growth opportunities for the market in the near future.
Application Control Market Report Scope
Application Control Market News and Recent Developments
The application control market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for application control and strategies:
- April 2023: Nokia expands industrial edge applications by launching the MX Industrial Edge (MXIE), which helps enterprises connect, collect, and analyze data from operational technology (OT) assets on a robust and secure on-premises edge. The new applications also leverage the GPU capability recently announced on the Nokia MXIE. This powerful on-premises OT edge solution helps process data closest to the source in real-time while retaining data sovereignty. (Source: Nokia, Press Release, 2023)
Application Control Market Report Coverage and Deliverables
The “Application Control Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Market dynamics such as drivers, restraints, and key opportunities
- Key future trends
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
- Detailed company profiles
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Component ; Access Points ; Organization size ; Vertical and Geography
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
The global application control market was estimated to be US$ 1,871.03 million in 2023 and is expected to grow at a CAGR of 4.9% during the forecast period 2023 - 2031.
The increasing demand for application control solutions for mitigating insider threats and growing security concerns among consumers for protecting their data against threats are the major factors that propel the global application control market.
The rising adoption of the bring-your-own-device (BYOD) trend among consumers to play a significant role in the global application control market in the coming years.
The key players holding majority shares in the global application control market are Broadcom Corporation, Cambium Networks, Carbon Black, Inc., Check Point Software Technologies Ltd, and Cyberark Software Ltd.
The global application control market is expected to reach US$ 2,747.36 million by 2031.
The incremental growth expected to be recorded for the global application control market during the forecast period is US$ 876.33 million.
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.
Trends and growth analysis reports related to Application Control Market
May 2024
Deepfake AI Detection Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Component (Software and Services), Deployment (Cloud and On-Premises), Enterprise Size (Large Enterprises and SMEs), Industry Vertical (Media and Entertainment, BFSI, Government and Politics, Healthcare and Life Sciences, IT and Telecom, Retail and E-Commerce, and Others), and Geography
May 2024
Environmental Consulting Service Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Service Type (Investment Assessment and Auditing, Permitting and Compliance, Project and Information Management, Monitoring and Testing, and Others), Media Type (Water Management, Waste Management, and Others), Vertical (Energy and Utilities, Chemical and Petroleum, Manufacturing and Process Industries, Transportation and Construction Industries, and Others), and Geography
May 2024
Cloud OSS BSS Market
Size and Forecast (2020 - 2030), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By solution [OSS (Network Management & Orchestration, Resource Management, Analytics & Assurance, and Service Design & Fulfilment) and BSS (Billing & Revenue Management, Product Management, Customer Management, and Others)], Deployment Model (Public Cloud, Private Cloud, and Hybrid Cloud), Enterprise Size (Small & Medium Enterprises and Large Enterprises), and Industry (IT & Telecom, BFSI, Media & Entertainment, Healthcare, and Others), and Geography
May 2024
Unified Endpoint Management Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Component (Solutions and Services), Deployment Type (Cloud-Based and On-Premise), Platform (Desktop and Mobile), Organization Size (Large Enterprises and SMEs), End User (BFSI, Government and Defense, Healthcare, IT and Telecom, Automotive and Transportation, Retail, Manufacturing, and Others), and Geography
May 2024
AI in Computer Vision Market
Size and Forecast (2021–2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Component (Software and Hardware) and End Use Industry (Security and Surveillance, Manufacturing, Automotive, Retail, Sports and Entertainment, and Others), and Geography
May 2024
Automotive Dealer Management System Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Component (Software and Services), Application (Inventory Management, Appointment Scheduling, Customer Relationship Management, Dealer Tracking, and Others), Deployment (Cloud-Based and On-Premise), and Geography
May 2024
Electronic Data Interchange Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Component (Solution and Services), Type (Direct Electronic Data Interchange, Electronic Data Interchange via AS2, Electronic Data Interchange via VAN, Mobile Electronic Data Interchange, Web Electronic Data Interchange, Electronic Data Interchange Outsourcing, and Others), Industry (BFSI, Retail & Consumer Goods, Healthcare, IT & Telecommunication, Transportation & Logistics, and Others), and Geography (North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America)
May 2024
Artificial Intelligence (AI) in Agriculture Market
Size and Forecast (2020–2030), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Component (Hardware, Software, and Services), Application (Precision Farming, Drone Analytics, Agriculture Robots, Livestock Monitoring, and Others), and Geography
Get Free Sample For