Asia Pacific Browser Isolation Software Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Deployment Type, Enterprise Size, and End-Use Industry

BFSI Segment to Dominate APAC Browser Isolation Software Market during 2019-2027

According to a new market research study on “APAC 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$1,695.3 million by 2027 from US$386.4 million in 2019. The market is estimated to grow at a CAGR of 21.0% from 2020 to 2027. The report provides trends prevailing in the APAC browser isolation software market along with the drivers and restraints pertaining to the market growth. Surge in Cybersecurity technology related investments is the major factor driving the growth of the APAC browser isolation software market. However, issues associated with developing countries being unaware about the browser isolation software technology hinders the growth of APAC browser isolation software market.

The APAC 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 APAC browser isolation software market. Based on enterprise size, the APAC 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 Also the ongoing COVID-19 is having a negative impact over APAC region. APAC is characterized by the presence of a large number of developing countries, positive economic outlook, high industrial presence, huge population, and rising disposable income. All these factors make APAC a major growth driving region for various security solutions markets, including browser isolation software. The outbreak of COVID-19 has negatively impacted on industries owing to the uncertainty in the supply chain and consumer demand. The lockdown of various factories in China is affecting the supply chains and negatively impacting manufacturing, delivery schedules, and sales of various products and services. China has recently emerged from a 2-month containment phase and moved into the mitigation stage; however, the economic growth is still declining due to uncertainty caused by COVID-19 outbreak. The governments are taking drastic measures to reduce the effects of COVID-19 outbreak by announcing lockdowns, travel, and trade bans. All these measures are expected to have a negative impact on the adoption and growth of browser isolation, especially in the BFSI sector in 2020 and 2021. However, the increasing number of work from home population, the demand for security solutions will increase and will have positive impact on APAC browser isolation software market in near future.

Bitdefender; Broadcom, Inc.; Citrix Systems, Inc.; Cybernic; Ericom Software.; Menlo Security, Inc.; are among the leading companies in the APAC 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, Ericom Software and forcepoint partnered together to combine Ericom's remote browser isolation capabilities across Forcepoint's Dynamic Edge Protection cloud-native SASE solution, Forcepoint reported on Wednesday.

Reasons to Buy

• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the APAC browser isolation software market
• Highlights key business priorities in order to assist companies to realign their business strategies
• The key findings and recommendations highlight crucial progressive industry trends in the APAC browser isolation software market, thereby allowing players across the value chain to develop effective long-term strategies
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
• Scrutinize in-depth APAC market trends and outlook coupled with the factors driving the browser isolation software market, as well as those hindering it
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution