Middle East & Africa Browser Isolation Software Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Deployment Type, Enterprise Size, and End-Use Industry

Large Enterprises Segment to Dominate MEA Browser Isolation Software Market during 2019-2027

According to a new market research study on “MEA Browser Isolation Software Market to 2027 - COVID-19 Impact and Regional Analysis and Forecast by Deployment Type, Enterprise Size and End-Use Industry” is expected to reach US$339.1 million by 2027 from US$123.9 million in 2019. The market is estimated to grow at a CAGR of 14.1% from 2020 to 2027. The report provides trends prevailing in the MEA browser isolation software market along with the drivers and restraints pertaining to the market growth. cybersecurity technology experiencing investment boost is the major factor driving the growth of the MEA browser isolation software market. However, issues associated with inadequate awareness among developing countries hinders the growth of MEA browser isolation software market.

The MEA browser isolation software market is segmented into deployment type, enterprise size, end-use industry, and country. Based on deployment type, the market is segmented into cloud and on-premises. In 2019, the cloud segment held the largest share of MEA browser isolation software market. Based on enterprise size, the MEA browser isolation software market is divided into SMEs and large enterprises. SMEs segment is expected to be the fastest growing segment over the forecast period. On the basis of end use industry, the market is segmented into BFSI, IT & telecom, government, manufacturing, and others. The BFSI segment contributed a substantial share in 2019.

Also the ongoing COVID-19 is causing drastic impact across the MEA region. Among the MEA countries, South Africa has faced the highest number of COVID-19 confirmed cases. Other major countries that are facing the economic impact of COVID-19 include Iran, Turkey, Saudi Arabia, the UAE, Egypt, Morocco, and Kuwait. The region comprises many growing economies such as the UAE, which are prospective markets for browser isolation providers, owing to the huge presence of diverse customer base for the IT & Telecom and BFSI industry. The COVID-19 pandemic would have significant effects on economies, but the MEA has negatively impacted as there is already pressure on the economy of various oil-based countries due to falling oil prices. Additionally, the factory lockdowns, business shutdowns, and travel bans are further aggravating the economic problems of the countries in the MEA region. Hence, the estimated decline in MEA’s economic condition and impact of COVID-19 on the growth of various industries in the region is expected to negatively impact the growth of the browser isolation software market in 2020 and 2021. However the market will experience steep rise from 2022 onwards.

Bitdefender; Broadcom, Inc.; Citrix Systems, Inc.; Ericom Software.; Menlo Security, Inc.; are among the leading companies in the MEA browser isolation software market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2020, Spectrami appointed Menlo’s sole distributor for the Middle East, Turkey and North Africa (METNA) region after an extensive selection process

Reasons to Buy

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• Scrutinize in-depth MEA market trends and outlook coupled with the factors driving the browser isolation software market, as well as those hindering it
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