Application control software is a security software which blocks or restricts unauthorized applications to help ensure the privacy and security of data used by and transmitted between applications. Application control software helps in identifying and controlling the application within an enterprise’s IT environment and automatically identifies trusted software that has authorization to run.
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COVID-19 Impact on the Global Application Control Software Market
The COVID-19 pandemic is expected to positively impact the global application control software market. The number of cyber-attacks and data theft cases has increased owing to remote working and increased adoption of BYOD for office work. Demand for application control software has increased during the COVID-19 period to minimize the risk of loss and to empower enterprise security.
Global Application Control Software Market – Dynamics
Increasing Breach of Data and Privacy Driving Growth of the Application Control Software Market
Consistent increase in the breach of data and privacy across the globe can be attributed to rising IT vulnerabilities within enterprises. Vulnerabilities represent security gaps that could be abused by attackers to damage applications, trigger a denial of service, and/or steal potentially sensitive information. This has resulted in payout of millions of dollars for settlement of the attack on the data. Increasing concerns on rising number of vulnerabilities due to cyber-attacks on enterprises is driving the growth of the market.
Global Application Control Software Market – Competition Landscape
- In February 2020, Carahsoft Technology Corp. and Appsian signed a strategic partnership agreement which will enable government agencies to replace legacy solutions that leave data vulnerable to foreign security attacks.
Global Application Control Software Market: Segmentation
The global application control software market can be segmented based on:
- Enterprise Size
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Global Application Control Software Market, by Component
Based on component, the global application control software market can be divided into:
Global Application Control Software Market, by Enterprise Size
In terms of enterprise size, the global application control software market can be segregated into:
- Small & Medium Enterprise
- Large Enterprise
Global Application Control Software Market, by Industry
In terms of industry, the global application control software market can be segregated into:
- IT & Telecom
- Logistics & Transportation
- Security Management
- Vulnerability Management
- IT Security
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