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.

application control software market size and forecast

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:

  • Component
  • Enterprise Size
  • Industry
  • Region

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Global Application Control Software Market, by Component

Based on component, the global application control software market can be divided into:

  • Software
    • Cloud
    • On-premise
  • Services
    • Professional
    • Managed

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
  • BFSI
  • Logistics & Transportation
  • Hospitality
  • Healthcare
  • Others

Alternative Keywords:

  • Security Management
  • Vulnerability Management
  • IT Security

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

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  • Insights and Tools based on data-driven research
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  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

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The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

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