Unified Endpoint Management Market Size and Growth Factors Research and Projection 2021-2031 | Matrix42 AG, Ivanti, Citrix Systems, Inc., IBM Corporation, Microsoft Corporation

The global unified endpoint management market was valued at US$ 5.1 billion in 2021 and it is anticipated to grow up to US$ 27.0 billion by 2031, at a CAGR of 17.3% during the forecast period.

New York, According to a new market research report published by Global Insight Services Unified Endpoint Management Market is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

Unified endpoint management (UEM) highlights the information technology (IT) pain points of managing modern enterprises' diverse mobile devices and endpoints. UEM solution encompasses the device fragmentation in an organization and offers quick solutions for provisioning, deployment, tracking, updates, and security.

The growing proliferation of smartphones & internet of things (IoT) devices, the rapid growth of IT footprints in organizations, rising cyber threats among organizations, compliance regulations, and the need for integrated UEM solutions primarily drive the growth of the global unified endpoint management market.

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Market Drivers and Trends

Digitalization of various processes allows businesses worldwide to transform their business models and existing processes to enhance operational efficiency and increase revenue. In the last few years, the emergence of smart devices and the adoption of IoT, cloud computing, and artificial intelligence (AI) technologies have led to the advent of smart workplaces. Increased demand for end-to-end business process optimization, high operational efficiency, and the rising need to reduce human errors are the key factors driving digital transformation in various industries. For the past few years, UEM has been gaining popularity among enterprises, allowing them to virtualize the entire workspace to attain higher efficiencies at lower costs. Solutions such as UEM and Desktop-as-a-Service (DaaS) enable the IT and telecom, government and defense, education, BFSI, healthcare, research, and manufacturing sectors to offer feature-rich apps & provide better user experiences.

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Market Restraints and Challenges

The availability of open-source software is acting as a restraining factor for the Unified Endpoint Management market. Obtaining open-source software to replace a software package being paid for can be extremely beneficial for any company. Most open-source software products are distributed freely, making them very cost-effective. Similar to closed proprietary software, open source software can be altered and extended by any developer familiar with the source code. Enterprises using open-source software would no longer need to worry about licenses. Moreover, open-source software enables them to install it several times and use it anywhere. Enterprises will be free from tracking, monitoring, or counting license compliance. Thus, the availability of open-source software acts as a restraining factor for the global unified endpoint management market.

Global Unified Endpoint Management Market by Organizational Size

Based on organizational size, the unified endpoint management market is further bifurcated into SMEs and large enterprises. The SMEs segment of the unified endpoint management market is projected to grow at a higher CAGR than the large enterprises' segment during the forecast period. This growth can be attributed to SMEs' increasing adoption of UEM solutions to reduce operational costs and enhance enterprise security.

Major Players in the Global Unified Endpoint Management Market

The key players studied in the global unified endpoint management market are 42Gears Mobility Systems Private Limited (India), BlackBerry Limited (Canada), Matrix42 AG (Germany), Ivanti (US), Citrix Systems, Inc. (US), IBM Corporation (US), Microsoft Corporation (US), Scalefusion (ProMobi Technologies) (India), VMware, Inc. (US), and Zoho Corporation Pvt. Ltd. (India).

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Reasons to buy Unified Endpoint Management Market Report:

• Develop comprehensive understanding of market landscape - industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market

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Contact Us:

Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
E-mail: info@globalinsightservices.com
Phone: +1-833-761-1700
Website: https://www.globalinsightservices.com/

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