ID: MRFR/ICT/4958-HCR | February 2021 | Region: Global | 100 pages
The market for unified endpoint management (UEM) is expected to grow from USD 1.43 billion in 2017 to USD 9.67 billion by 2023, at a compound annual growth rate (CAGR) of 37.48% during the forecast period. The need for single unified endpoint management (UEM) solution to manage traditional as well as non-traditional endpoints is one of the many factors driving the growth of the UEM market. Moreover, the need for data security in enterprises along with the growing ownership of mobile devices in the working population are some of the key factors boosting the growth of this market. However, high cost associated with UEM deployment and lack of awareness across the enterprises regarding the benefits of the same may limit the growth of this market. UEM market study aims at estimating the market size and future growth potential of the market across different segments such as type, organization size, vertical, and region.
Unified endpoint management is a tool that acts as a single management interface for mobile devices, PCs, and others. UEM primarily works on the mobile device management (MDM) application program interfaces (APIs) in desktop and mobile operating systems. Through UEM solutions, users can gain access to various critical business applications on any device, from any location, and at any time. It also provides IT services and multiple devices with minimal administrative effort and high security. Many organizations are deploying UEM solutions to enhance their existing resources with holistic and integrated business-centric approach. Most of the companies have been trying to embrace UEM solution to ensure harmonious integration of workflows while giving equal importance to convenience and time management. Some areas of UEM market such as traditional PC desktop management and image deployment are showing slow growth, whereas unified management for laptops and mobile devices as well as IoT devices such as wearables, kiosks, and interactive displays and other types of office and business equipment are growing at a faster rate.
Unified Endpoint Management Market
Source: MRFR Analysis
Unified endpoint management market is segmented on the basis on type, organization size, vertical and region.
By type, the market is segmented into solutions and services.
By organization size, the market is segmented into large enterprises and SMEs.
By vertical, the market is segmented into BFSI, telecommunication & IT, retail, government & defense, healthcare, manufacturing, transportation & logistics, automotive and others.
By region, the market is segmented into North America, Europe, Asia-Pacific, and the rest of the world
The global market for unified endpoint management is estimated to grow at a significant rate during the forecast period from 2018 to 2023. The geographical analysis of unified endpoint management market is done for North America, Europe, Asia-Pacific, and the rest of the world.
North America is expected to dominate the unified endpoint management market owing to the widespread deployment of IoT and bring your own (BYOD) solutions in this region. Europe follows next as various industry verticals such BFSI are adopting the concept of BYOD to lower their infrastructure cost . Asia-Pacific is expected to be the fastest growing region as the concept of mobility is being implemented across various industries.
According to the latest trend in the unified endpoint management market, most enterprises are expanding their IT capabilities to adopt UEM platforms that enable managing and securing of devices as well as help to curb the cost of running a mobile workplace, pushing mobile enterprises into the age of IoT. Most of the companies have adopted inorganic strategy to expand their businesses, wherein, partnership and collaboration accounted for XX%; whereas, merger & acquisition accounted for XX% of the overall key development undergone by the key players in the market.
The prominent players in the unified endpoint management market VMware, Inc. (US), Microsoft Corporation (US), IBM Corporation (US), MobileIron (US), BlackBerry Limited (Canada), Citrix Systems, Inc. (US), Ivanti (US), Sophos Ltd. (UK), SOTI Inc. (Canada) and Jamf (US) among others.
Other players in the unified endpoint management market are Symantec (US), CA Technologies (US), Cisco Systems (US), Zoho (US) among others.
Frequently Asked Questions (FAQ) :
BlackBerry Limited (Canada), MobileIron (US), Sophos Ltd. (UK),Citrix Systems, Inc. (US), and Ivanti (US) are the leaders emerging in the market.
The manufacturing, healthcare, transportation & logistics, and automotive are a few of the end-user demographics in the industry.
The earning potential is estimated to soar from USD 1.43 billion in the year 2017 to USD 9.67 billion by 2023.
The North American region leads the global market with European and Asia Pacific regions following the growth cues in the forecast period.
A 37.48% CAGR is expected to provide an impetus to market growth.