Unified Endpoint Management Market Shaping from Growth to Value at USD 53,656 Million by 2030 | North America was dominant region

The global unified endpoint management market is impacted by factors such as growing usage of mobile devices among the workforce, rapid growth of IT footprints in organizations, and rising cyber threats among organizations along with compliance regulations and need for integrated UEM solutions. However, device and OS fragmentation and high deployment cost are projected to hamper growth of the market.

Asia-Pacific is expected to observe highest growth rate during the forecast period. Growing acceptance of mobility devices in enterprises and IoT applications is one of the major factors contributing toward the market growth in the region. In addition, growth of BYOD policies and cloud-based solutions are also driving market growth of unified endpoint management solutions in the region. Furthermore, owing to presence of large number of large and small & medium scale industries in the region, it is expected that the market players operating in the region offer huge growth opportunities

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COVID-19 scenario:

• Due to the outbreak of covid-19, businesses were forced to shift their operations to remote working environments. As a result, companies begunbring your own device (BYOD) program or enterprise-owned equipment, thus increasing demand for UEM solutions.

• Moreover, due to the work-from-home policies during the pandemic, the demand for cloud-based solutions and the SaaS-based model increased significantly and this impacted the global unified endpoint management market positively.

According to the report, the global unified endpoint management industry was pegged at $3.39 billion in 2020, and is expected to reach $53.65 billion by 2030, growing at a CAGR of 31.7% from 2021 to 2030.

Rise in cyber threats among organizations coupled with compliance regulations, growing usage of mobile devices among the workforce, and increase in IT asset footprints drive the growth of the global unified endpoint management market. On the other hand, high deployment costs and device and OS fragmentation impede the growth to some extent. However, growing adoption of cloud-based solutions is anticipated to pave the way for multiple opportunities in the industry.

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on the basis of deployment, the on-premise segment dominated the growth in the unified endpoint management market share in 2020, and is expected to maintain its dominance in the upcoming years. On-premise-based solutions are known for better maintenance of servers and continuous system facilitates implementation of unified endpoint management solutions. However, cloud segment is expected to witness highest growth rate during the forecast period. Cloud-based unified endpoint management software has low capital expenditure as well as low maintenance requirements and is, therefore, highly preferred by mid-sized financial institutions.

On the basis of enterprise size, the large enterprises segment dominated growth in the unified endpoint management industry in 2020, and is expected to maintain its dominance in the upcoming years. Growing acceptance of network components, Internet of Things (IoT) devices, and endpoints is a key factor responsible for the large enterprises segment growth. In addition, rise in risk of cyber threats and the need to maintain endpoints in the current complex IT environment is another factor driving the market growth.

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By geography, North America garnered the major share in 2020, contributing to nearly two-fifths of the global unified endpoint management industry. The growing trend of BYOD and work-from-home policies, working infrastructure to sustain day-to-day operations, availability of remote working and advanced communication, and core business operations are the key factors that propel the demand for unified endpoint management solutions in the region. Simultaneously, the Asia-Pacific region would manifest the fastest CAGR of 34.7% throughout the estimated period. This is attributed to the growth in acceptance of mobility devices in enterprises and IoT applications, growth of BYOD policies, and cloud-based solutions in the region.

Major market players:

• Microsoft Corporation
• DELL INC.
• NEXTLABS INC.
• Citrix Systems, INC.
• Fasoo
• CISCO SYSTEMS, INC
• DivX, LLC.
• Micro Focus
• Adobe
• Broadcomm, Inc.
• International Business Machines Corporation
• Apple Inc.
• NortonLifeLock, Inc.

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