Application Control Market Performance Analysed & Forecast by M&M in New Research Report Recently Published at MarketPublishers.com18 Mar 2016 • by Natalie Aster
LONDON – Driven by a high necessity to protect valuable data from cyber threats, limitations of traditional security solutions and also enforcement of application usage and data security policies, the global application control market is likely to follow an upward trend in the years to come. The market value is expected to increase from USD 1.25 in 2015 to USD 1.9 billion by 2020, posting an 8.7% CAGR through 2020.
The most significant growth rates during 2016-2020 are expected to be seen in the banking, financial services and insurance (BFSI) vertical. Banks and other financial organisations store and handle huge amount of customer financial information (like money transaction details, credit cards details and account numbers, among others), therefore, the protection of applications, critical data and endpoints is of extreme importance.
Moreover, the application control market is expected to experience remarkable growth in the healthcare, retail and IT & telecom verticals through 2020.
Region-wise, North America is slated to command the largest share in the application control market through 2020, primarily owing to a great number of security companies active in the region. In the meantime, APAC is likely to open new lucrative opportunities for the application control market players.
New in-demand research report “Application Control Market by Component” prepared by MarketsandMarkets includes an all-round analysis of the global application control market, uncovering data on the market performance across the key geographical regions and providing the updated statistics. The report highlights the market dynamics, examines the market drivers, restraints, challenges and opportunities. The competitive landscape is reviewed in the report along with the existing and emerging products as well as partnerships, agreements, mergers and acquisitions. Furthermore, the study provides detailed forecasts for the application control market through 2020.
Application Control Market by Component (Solution, Services), Access Point (Desktops/ Laptops, Mobiles/Tablets, Servers), Organization Size (SMES, Large Enterprises), Vertical, Region - Global Forecast to 2020
Published: March, 2016
Price: US$ 4,650.00
Many other topical research reports by MarketsandMarkets are available at its page.