Unified Endpoint Management Market Overview: Growth Drivers, Industry Segmentation, and Competitive Landscape

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.

Unified Endpoint Management (UEM) Market refers to the sector focused on solutions and services that enable organizations to manage and secure diverse endpoints, such as smartphones, tablets, laptops, desktops, and IoT devices, through a single, centralized platform. UEM solutions typically provide capabilities for device management, application management, security management, and other related functionalities, offering businesses a comprehensive approach to efficiently oversee and protect their entire range of endpoints within their networks.

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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.

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 have begun bringing 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.

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By component type, the solution segment accounted for more than three-fifths of the global unified endpoint management market share in 2020, and is anticipated to retain its dominance throughout the forecast period. This is owing to the growing demand for data security solutions and the ability to deliver better business productivity. The services segment, however, would showcase the fastest CAGR of 33.5% by 2030.

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 the market growth of unified endpoint management solutions in the region. Furthermore, owing to the 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.

Based on 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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Based on the deployment model, the on-premise segment held the lion's share in 2020, contributing to nearly three-fifths of the global unified endpoint management market, and is expected to continue its lead during the forecast period. This demand is attributed to enhanced security of data and better maintenance of servers offered by the on-premise deployment of unified endpoint management solutions. However, the cloud segment is expected to witness the highest CAGR of 32.6% by 2030. Mid-sized financial institutions prefer the cloud segment due to its low capital expenditure and low maintenance requirements, thus driving the demand for the segment.

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 propelthe 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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