Industry Background:
Portable Storage Device Control Software consists of tools that avoid unintended data leakage by peripheral storage devices. By allowing granular control of portable storage devices (such as USB flash drives, portable media players, mobile phones, and flashcards), they are intended to support more stable use of these devices. A control console is also included, which allows for logging and monitoring. Data is downloaded to a computer can be encrypted with the use of portable device control software. In many corporations and organizations and even for personal use the portable storage devices are essential to carry the data and store it for later use. The security of these devices is of utmost importance. To increase the safety of these devices; the demand for portable storage Device control software is increasing.
This growth is primarily driven by Demas for Ensuring the Security of Portable Storage Devices and Need to Block Unauthorised Access to Portable Storage Devices.
Globally, a noticeable market trend is evident Introduction of Cross-Platform Agent to Use in Different Operating Systems
. Major Players, such as Endpoint Protector (Romania), Seagate Technology (United States), IOGEAR (Taiwan), IBM (United States), Hitachi (Japan), Broadcom (United States), McAfee (United States), DriveLock (Germany), Ivanti (United States) and GFI (Malta) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On 1st Dec 2020, Ivanti, Inc announced the acquisitions of MobileIron, a leading provider of mobile-centric unified endpoint management solutions, and Pulse Secure LLC, a leading provider of secure access and mobile security solutions. By bringing MobileIron and Pulse Secure into the Ivanti portfolio, organizations will be able to proactively and autonomously self-heal, self-secure, and self-service devices in the everywhere enterprise according to the company.
On Feb 2021, DriveLock announced a new release of its data security solutions with multiple additions and enhancements to its Zero Trust platform. In this way, DriveLock is offering comprehensive protection against today’s cyber-security challenges. The company has also implemented a variety of requests and enhancements suggested by customers in order to make the new version even more user-friendly.
Market Drivers
- Demas for Ensuring the Security of Portable Storage Devices
- Need to Block Unauthorised Access to Portable Storage Devices
Market Trend
- Introduction of Cross-Platform Agent to Use in Different Operating Systems
- The trend of Providing Alerts to End User Regarding USB Activity by Software
Restraints
- Growing Use of Cloud Storage as Opposed to Portable Storage Devices
Opportunities
Increasing Cost-Effectiveness of Portable Storage Devices Will Ultimately Increase the Demand for Portable Storage Device Control Software and Growing IT Industry Will Boost the Demand of Portable Storage Device Control Software
Challenges
Lack of Awareness About Need of Security for Portable Storage Devices and Portable Storage Device Control Software Needs Constant Update to Keep Up with New Hacking Techniques
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Portable Storage Device Control Software Study Sheds Light on
The Portable Storage Device Control Software Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Portable Storage Device Control Software industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Portable Storage Device Control Software industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.