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2022
Unified Endpoint Management Market

Unified Endpoint Management Market

by Component (Solution and Services), Deployment (On-Premise and Cloud), Enterprise Size (Large Enterprises and SMEs), and Industry Vertical (BFSI, Manufacturing, Healthcare, IT & Telecom, Government & Defense, Media & Entertainment, Retail & Consumer Goods, Transportation & Logistics, and Others: Global Opportunity Analysis and Industry Forecast, 2021-2030

Report Code: A15577
Pages: 318
Jan 2022 | 3485 Views
Author(s) : Vikas G, Kashinath G, Rachita R
Tables: 156
Charts: 91
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Unified Endpoint Management Market Statistics: 2030

The global unified endpoint management market was valued at $3,397.00 million in 2020, and is projected to reach $53,656.00 million by 2030, registering a CAGR of 31.7%.  Growing proliferation of smartphones and Internet of Things devices, rapid growth of IT footprints in organizations, rising cyber threats among organizations, coupled with compliance regulations, and need for integrated UEM solutions primarily drive growth of the global unified endpoint management market size.

The pandemic has prompted every company and business to shift their business operations toward a remote work environment. As a result of the dire situation, companies began to implement the bring your own device (BYOD) program or enterprise-owned equipment. Therefore, the need for UEM solutions is expected to increase, to provide necessary access to corporate resources to manage and maintain collaboration and integration with integrated communications and teams to maintain productivity.

On the basis of component, the solutions segment dominated the market share in 2020, and is expected to maintain its dominance in the upcoming years. This is attributed to growing demand for data security solutions and the ability to deliver better business productivity. In addition, increase in dominance of cloud-based applications along with rising cyber-crime rate have a positive impact on unified endpoint management solutions. However, the services segment is expected to witness highest growth rate during the unified endpoint management market forecast period.

Unified-Endpoint-Management-Market

By deployment model, the on-premise segment dominated growth of the unified endpoint management market 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, the 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. Growth in adoption of cloud-based policy management software among large and medium-sized enterprises further fuels growth of the market. 

North America dominates the unified endpoint management industry. Growth of the market in this region is attributed to several factors such as growing trend of BYOD and WFH (work from home) policies. Availability of remote working and advanced communication, working infrastructure to sustain day-to-day operations, and core business operations is a key factor that propels demand for unified endpoint management solutions. However, Asia-Pacific is expected to witness highest growth rate during the forecast period. 

The report focuses on growth prospects, restraints, and global unified endpoint management market share. The study provides Porters five forces analysis of the global market to understand the impact of various factors such as bargaining power of suppliers, competitive intensity of competitors, threat of new entrants, threat of substitutes, and bargaining power of buyers on the global unified endpoint management market trends.

Segment Review

The unified endpoint management market is segmented on the basis of component, organization size, deployment, industry vertical, and region. On the basis of component, the market is segmented into solutions and services. According to the organization size, it is fragmented into large enterprises and SMEs. On the basis of deployment, the market is segmented into cloud and on-premise. Depending on industry vertical, it is segregated into BFSI, healthcare, IT & telecom, government & defense, media & entertainment, transportation & logistics, retail & consumer goods and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

COVID-19 impact analysis

The global unified endpoint management was valued at $3,397.00 million in 2020, and is projected to reach $53,656.00 million by 2030, registering a CAGR of 31.7% from 2021 to 2030.The current estimation of 2030 is projected to be higher than pre-COVID-19 estimates. The pandemic has prompted every company and business to shift their business operations toward a remote work environment. As a result of the dire situation, companies began to implement the bring your own device (BYOD) program or enterprise-owned equipment. Therefore, the need for UEM solutions is expected to increase, to provide necessary access to corporate resources to manage and maintain collaboration and integration with integrated communications and teams to maintain productivity. Moreover, during the COVID due to WFH policies, the demand for cloud-based solutions and the SaaS-based model increased significantly. This has positively impacted the market growth. 

Unified Endpoint Management Market
By Component

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Services segment is projected as one of the most lucrative segments.

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Top impacting factors    

The global unified endpoint management industry is influenced by several factors such as growing usage of mobile devices among the workforce, rapid growth of IT footprints in organizations, and rise in cyber threats among organizations, coupled with compliance regulations and need for integrated UEM solutions. However, device and OS Fragmentation and high deployment costs are projected to hamper growth of the unified endpoint management market. On the other hand, growing adoption of cloud-based solutions and rise in adoption of Internet of Things are estimated to be opportunistic for the unified endpoint management market growth.

Unified Endpoint Management Market
By Deployment Model

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Cloud segment is projected as one of the most lucrative segments.

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Growth in usage of mobile devices among the workforce

Proliferation of smartphones and Internet of Things devices has created a demand for one-stop solutions to manage all endpoints within organizations. Remote work forces employees to work from anywhere, increasing risk of ARP spoofing, DNS hijacking, MITM attacks, and corporate & customer data sniffing. Such security issues are expected to increase demand for Unified Endpoint Management (UEM) solutions to secure and maintain each device. Policies such as BYOD in workplaces has increased use of mobile devices, which has increased demand for unified endpoint management solutions for better security. For instance, in August 2021, Siemens AG implemented Microsoft Corporation’s Unified Endpoint Manager for UEM and security of a range of devices and platforms, including Windows PCs, Macs, and Mobile devices. The solution helps organizations to gain productivity, secure data, and reduce cost.

Unified Endpoint Management Market
By Industry Vertical

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BFSI segment is projected as one of the most significant segments.

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IT asset footprints are growing rapidly in organizations  

Unified endpoint management refers to securely managing all endpoints in an enterprise or an organization using a comprehensive solution. IT asset footprints are growing rapidly in organizations. Managing these assets has become more challenging with the ever-increasing numbers of endpoints, such as laptops, desktops, tablets, and smart phones. Endpoint management becomes even harder with heterogeneous devices or with devices that travel outside of an organization's network. The best way to ensure these devices are being managed properly is by employing an endpoint management software, especially UEM solution. For instance, in July 2021, ScaleaPad partnered with Microsoft to integrate Microsoft Endpoint Manager (MEM). The partnership aims to provide new options for managing assets of intune devices with automated report capabilities.

Unified Endpoint Management Market
By Region

2030
Europe 
North America
Asia-Pacific
LAMEA

Asia-Pacific is projected as one of the most lucrative region.

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Key Benefits For Stakeholders

  • This study includes the global unified endpoint management market analysis, trends, and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and global unified endpoint management market opportunity.
  • The global unified endpoint management market size is quantitatively analyzed from 2020 to 2030 to highlight the financial competency of the industry.
  • The Porter’s five forces analysis illustrates the potency of buyers & suppliers in global unified endpoint management industry.

Unified Endpoint Management Market Report Highlights

Aspects Details
By COMPONENT
  • SOLUTION
  • SERVICES
By DEPLOYMENT MODEL
  • ON-PREMISE
  • CLOUD
By ENTERPRISE SIZE
  • LARGE ENTERPRISES
  • SME’S
By INDUSTRY VERTICAL
  • BFSI
  • MANUFACTURING
  • HEALTHCARE
  • IT & TELECOM
  • GOVERNMENT & DEFENSE
  • MEDIA & ENTERTAINMENT
  • RETAIL & CONSUMER GOODS
  • TRANSPORTATION & LOGISTICS
  • OTHERS
By Region
  • NORTH AMERICA  (U.S., Canada)
  • EUROPE  (UK, Germany, France, Italy, Netherlands, Rest of Europe)
  • ASIA-PACIFIC  (China, India, Japan, South Korea, Australia, Rest of Asia-Pacific)
  • LAMEA  (Latin America, Middle East, Africa)
Key Market Players DIVX, LLC, FASOO, CISCO SYSTEMS, INC., INTERNATIONAL BUSINESS MACHINES CORPORATION, DELL INC., NEXTLABS INC, ADOBE, BROADCOM INC., CITRIX SYSTEMS, INC., APPLE INC., MICRO FOCUS, MICROSOFT CORPORATION, NORTONLIFELOCK INC.
 

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In accordance with the insights by CXOs of leading companies, the global unified endpoint management market is projected to witness prominent growth, especially in Asia-Pacific and North America. This growth is attributed to growth in acceptance of mobility devices in enterprises and IoT applications and growth of BYOD policies and cloud-based solutions.

In recent times, the market has gained immense popularity, owing to its diverse approach to handling endpoint devices. From mobile security to mobile device management and application management to enterprise mobility management, all are managed equally through a single platform or solution. In addition, unified platform or solutions help enterprises comply with strict government regulations and policies. For instance, the IBM MaaS360, a unified endpoint management platform encrypts and stores every database and its contents while maintaining GDPR policy. In addition, the platform provides a wide range of auditing and reporting functionality for IT admins and security admins, which facilitates GDPR compliance requirements.

The global unified endpoint management market is dominated by key players such as Cisco Systems, INC., Citrix Systems, INC., International Business Machines Corporation, Micro Focus, Microsoft Corporation, Adobe, Apple INC., DELL INC., DivX, LLC., Fasoo, Oracle Corporation, NEXTLABS INC., Sony Group Corporation, Broadcomm INC., NortonLifeLock Inc., and others. Key players have adopted various growth strategies to enhance and develop their product portfolio, strengthen their unified endpoint management market share, and to increase their market penetration.

For instance, in April 2021, IBM Corporation collaborated with BlackBerry to introduce BlackBerry Spark Platform across Canada. IBM is expected to resell this endpoint management solution by BlackBerry to governments and enterprises nationwide. The solution enables Canadian organizations to solve critical business issues.

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