Southampton square off against Bournemouth at the St. Mary's Stadium on Saturday to contest the South Coast derby and the victor on the evening will take huge steps forward in their respective hopes of earning a top half finish.
Arter's match-winning chance came with 13 minutes of the south coast clash to go, with the Republic of Ireland midfielder stepping up to take a spot-kick after Ryan Bertrand had pulled back Ryan Foster.
Both sides hit the post while the game's golden chance fell Bournemouth's way with Harry Arter skying a late penalty over the bar, and by some distance.
The ball appeared to move as Arter's standing foot slipped on the soft turf, resulting in an embarrassing miss in the 79th minute at St. Mary's Stadium.
Southampton survived a nervy finish as honours were shared in a goalless affair against Bournemouth at St Mary's. As disappointing as it is, that's part and parcel of football, I've just got to get on with it. They also sit seven points clear of the bottom three. One of the lads said Harry Kane did something similar - maybe they need to have a look at it.
'He really was the defining factor in us gaining total control of that game, we really should have gone on to win, because of his performance, ' Howe said. Bournemouth do tend to struggle on their travels and if Southampton play to their best, a home victory is likely to be on the cards. On another day we'd have scored two or three.
Bournemouth have kept back-to-back clean sheets in the Premier League for the first time since March 2016.
On Wilshere's recent injury trouble, Howe added the midfielder could be available for Saturday evening's game against Bournemouth.
The Cherries are the first side since Crystal Palace in October 2016 to miss three penalties in a row in the Premier League.
- Dusan Tadic had the most shots and created the most chances for Southampton in this match (four each).
It was Bournemouth's third straight miss from the penalty spot.