Unified Endpoint Management, Global Market Report, Growth, Trends 2024

The Business Research Company recently released a comprehensive report on the Global Unified Endpoint Management Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.

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According to The Business Research Company's, The unified endpoint management market size has grown exponentially in recent years. It will grow from $10.44 billion in 2023 to $13.61 billion in 2024 at a compound annual growth rate (CAGR) of 30.3%. The growth in the historic period can be attributed to device proliferation, security concerns, remote work trends, employee productivity, compliance requirements.

The unified endpoint management market size is expected to see exponential growth in the next few years. It will grow to $40.36 billion in 2028 at a compound annual growth rate (CAGR) of 31.2%. The growth in the forecast period can be attributed to evolving threat landscape, remote work continuation. Major trends in the forecast period include technological advancements, rising applications in research, ai and automation, zero trust security model, iot integration, cloud adoption.

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Market Drivers and Trends:

Rising cyber threats are promoting the growth of the unified endpoint management market. A cyberattack is a cybercriminal attack that uses one or more computers to target numerous computers or networks. Rising cyber threats are increasing the use of unified endpoint management by organizations to ensure that all devices and services connected to one network are protected against cyberattacks. For instance, in May 2023, according to UK Finance, a UK-based trade association for the banking sector, authorized fraud losses caused by cyber attacks reached £485.2 million ($616 million), with 207,372 total cases in 2022, an increase of 6% compared to 2021. Therefore, rising cyber threats are expected to propel the growth of the unified endpoint management market going forward.

Product innovations have emerged as the key trend gaining popularity in the 5G chipset market. The major players in the market are developing innovative products for market growth. For instance, in June 2021, Samsung Electronics, a South Korea-based electronics company, developed 3GPP Rel.16 compliant chipsets, a range of next-generation 5G chipsets that deliver cutting-edge 5G technologies. The new chipsets consist of a second-generation 5G modem System-on-Chip (SoC), a third-generation mmWave Radio Frequency Integrated Circuit (RFIC) chip, and a Digital Front End (DFE)-RFIC integrated chip. These are designed to increase power efficiency, boost performance, and reduce the size of 5G solutions.

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Major Key Players of the Market:

42Gears Mobility Systems Pvt Ltd, BlackBerry Limited, Citrix Systems Inc, International Business Machines Corporation, Matrix42 AG, Microsoft Corporation, MobileIron Inc, Sophos Group plc, Soti Inc., Zoho Corporation, Ivanti Inc., VMware Inc., Lenovo Group Limited, NortonLifeLock Inc., NextLabs Inc., Broadcom Inc., Absolute Software Corporation, Amtel Inc., Baramundi Software AG, Cisco Systems Inc., Codeproof Technologies Inc., Comodo Group Inc., Dell Technologies Inc., FancyFon Software Ltd., Google LLC, Hexnode Technologies Inc., Jamf Inc., Kaseya Limited, Micro Focus International plc, Miradore Ltd., NetSupport Ltd., Quest Software Inc., Snow Software AB, Symantec Corporation

Unified Endpoint Management Market 2024 Key Insights:

• The unified endpoint management market size is expected to see exponential growth in the next few years. It will grow to $40.36 billion in 2028 at a compound annual growth rate (CAGR) of 31.2%.
• Escalating Cyber Threats Drive Unified Endpoint Management Market Growth
• Tech Advancements Pave The Way For Unified Endpoint Management Market Growth
• North America was the largest region in the unified endpoint management market in 2023

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