Unified Endpoint Management Market Analysis and Forecast to 2031: By Component (Solutions, Services), Organizational Size (SMEs, Large Enterprises), End User (BFSI, IT and Telecom, Government and Defense, Healthcare, Automotive and Transportation, Retail,

Unified Endpoint Management Market Analysis and Forecast to 2031: By Component (Solutions, Services), Organizational Size (SMEs, Large Enterprises), End User (BFSI, IT and Telecom, Government and Defense, Healthcare, Automotive and Transportation, Retail, Manufacturing, Others), and Region

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.

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.

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.

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 Segmental Overview

The report analyses the global unified endpoint management market based on component, organizational size, end user, and region.

Global Unified Endpoint Management Market by Component

On the basis of component, the unified endpoint management market is bifurcated into solutions and services. The services segment is projected to grow at a higher CAGR during the forecast period. The projected growth of the services segment is attributed to the need for adequate training and support services following the deployment of UEM solutions to ensure effective endpoint management.

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.

Global Unified Endpoint Management Market by End User

On the basis of end user, the unified endpoint management market is further segmented into BFSI, government and defense, healthcare, IT and telecom, automotive and transportation, retail, manufacturing, and others. The IT and telecom segment led the market in 2021. Unified endpoint management solutions assist telecom companies in configuring telecom plans with messaging, data, and voice service limits.

Geographical Analysis of Global Unified Endpoint Management Market

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. The North America market is expected to hold the majority of the market share in 2021. North America is estimated to lead the unified endpoint management market in 2021 due to the presence of large number of key players, such as Microsoft (US), VMware (US), Citrix Systems (US), IBM (US), and BlackBerry (Canada). Further, the regular need to safeguard data stored in the cloud and transferred over networks is projected to boost the unified endpoint management market growth in North America.

Major Players in the Global Unified Endpoint Management MarketCOVID-19 Impact

In 2020, the COVID-19 pandemic prompted each organization and business to shift their business operations toward a remote work environment. As a result of the COVID-19 pandemic situation, companies began to implement the bring-your-own-device (BYOD) program or enterprise-owned equipment. Therefore, the requirement for UEM solutions will 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-19 pandemic, due to work-from-home policies, the demand for cloud-based UEM solutions and the SaaS-based model increased significantly. Therefore, the COVID-19 pandemic positively impacted the global unified endpoint management market in 2020.

Recent Developments

• August 2020, Citrix released patches for 5 vulnerabilities that affect multiple versions of Citrix Endpoint Management on-premise instances, also known as XenMobile Server.
• February 2020, BlackBerry Limited had launched its Spark platform with a new unified endpoint security layer, the platform is capable of working with blackberry UEM and other unified endpoint management solutions to achieve zero trust security.
• August 2017, VMware had launched VMware Workspace ONE powered by AirWatch. VMware Workspace ONE is a single solution that unifies the management of endpoints and enhances end user experience across all endpoint platforms, including macOS, Windows, iOS, Chrome OS, and Android.

Frequently Asked Questions

Q1. How big is the unified endpoint management market?Ans. The global unified endpoint management market size was US$ 5.1 billion in 2021 and is anticipated to reach US$ 27.0 billion in 2031, growing at a rate of 17.3% from 2022 to 2031.Q2. What is the unified endpoint management market growth rate?Ans. The growth rate of the unified endpoint management market is 17.3% from 2022 to 2031.Q3. Which region holds a major market share for the unified endpoint management market?Ans. North America holds a major market share of the unified endpoint management market in 2021.Q4. Which segment accounted for the largest Unified Endpoint Management market share?Ans. Based on component, it is segmented into solutions and services. The solutions segment is likely to hold the major share of the market.Q5. Who are the key players in the unified endpoint management market?Q6. What are the factors driving the unified endpoint management market growth?Ans. The major factor driving the growth of the market is substantial growth in number of endpoints across organizations.Q7. What are the key growth strategies of unified endpoint management market players?Ans. The key growth strategies of unified endpoint management market players are product launch, partnerships, and government initiatives.Q8. Which region will provide more business opportunities for the unified endpoint management market during the forecast period?Ans. The North America region will provide more business opportunities for the Unified Endpoint Management market during the forecast period.

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