South & Central America Unified Endpoint Management Market Forecast to 2028 - COVID-19 Impact and Regional Analysis by Component (Solutions and Services), Deployment Type (Cloud Based and On-Premise), Platform (Desktop and Mobile), Organization Size (SMEs

South & Central America Unified Endpoint Management Market Forecast to 2028 - COVID-19 Impact and Regional Analysis by Component (Solutions and Services), Deployment Type (Cloud Based and On-Premise), Platform (Desktop and Mobile), Organization Size (SMEs and Large Enterprises), and End-User (BFSI, Government and Defense, Healthcare, IT and Telecom, Automotive and Transportation, Retail, Manufacturing, and Others)

The South & Central America unified endpoint management market is expected to grow from US$ 310.47 million in 2022 to US$ 1,438.80 million by 2028. It is estimated to grow at a CAGR of 29.1% from 2022 to 2028.

Increasing Adoption of Cloud-Based Solutions Across Enterprises to Drive South & Central America Unified Endpoint Management Market Growth During Forecast Period

Cloud computing is transforming modern workplaces in diverse industry verticals by enhancing security, IT, and DevOps, thus, accelerating the development of innovative solutions and services for enhanced user experience. Owing to the potential benefits of cloud computing such low cost and flexibility, the adoption of cloud-based solutions among enterprises has been growing quickly for the past few years. Cloud-based solutions facilitate easy scalability and operational flexibility of enterprises while reducing costs and operational risks. The continuously evolving cloud architectures, algorithms, and integration of advanced features in cloud solutions fuel the adoption of these solutions in diverse industry verticals such as BFSI, IT & telecom, retail, manufacturing, and automotive. Cloud deployment is an attractive option for companies due to several benefits such as need-basis payment, regular data backup, high security, comparatively low capital & operations costs, and instant provisioning features. Hence, scalability, high level of security, operational flexibility, easy deployment, and affordability are some key advantages expected to boost the adoption of cloud-based unified endpoint management solutions among enterprises in the coming years. Moreover, the complex, expensive, and high maintenance of on-premise solutions complements the adoption of cloud-based solutions. With more and more companies such as MobileIron, Citrix Systems, Inc., IBM Corporation, Microsoft Corporation, and VMware, Inc. offering cloud-based UEM solutions, the demand for cloud-based solutions over on-premise is projected to grow at an impressive pace, especially among SMEs, over the forecast period of 2022 to 2028.

Thus, the increasing adoption of cloud-based solutions across enterprises to drive South & Central America unified endpoint management market growth during forecast period.

South & Central America Unified Endpoint Management Market Overview

By countries, the South & Central America unified endpoint management market is segmented into Brazil, Argentina, and the Rest of South & Central America. The governments of emerging economies are taking several initiatives to support the growth of the technology sector. For instance, Argentina is concentrating on attracting FDIs by taking several initiatives, such as easing import restrictions, signing international bilateral agreements. Such initiatives are expected to help develop businesses in South & Central America during the forecast period.

The GDPR has encouraged various legislative proposals in South & Central American countries to modify data protection regulations. Similarly, in Chile, the GDPR has given essential momentum to the South & Central American countries to make amendments to their existing data protection laws. The Department for Protection and Security (DPAs) are active in levying data protection legislation in South & Central America. Argentina, Brazil, and many other countries are implementing data protection laws. The implication of data protection laws is projected to stimulate the demand for unified endpoint management tools, which would assist the respective industries and companies in accomplishing security objectives during the forecast period. As a result of such events, Colombia, Brazil, Mexico, and other nations are predicted to increase their security budgets in the coming years, favoring the growth of South & Central America the unified endpoint management market.

South & Central America Unified Endpoint Management Market Revenue and Forecast to 2028 (US$ Million)

South & Central America Unified Endpoint Management Market Segmentation

The South & Central America unified endpoint management market is segmented into component, deployment type, platform, organization size, and end-user.

Based on component, the South & Central America unified endpoint management market is segmented into solutions and services. The solutions segment held the larger market share in 2022.

Based on deployment type, the market is segmented into cloud based and on-premise. In 2022, cloud based segment held the larger market share in the South & Central America unified endpoint management market.

Based on platform, the market is segmented into desktop and mobile. In 2022, desktop segment held the larger market share in the South & Central America unified endpoint management market.

Based on organization size, the South & Central America unified endpoint management market is segmented into SMEs and large enterprises. The large enterprises segment dominated the market in 2022.

Based on end-user, the South & Central America unified endpoint management market is segmented into BFSI, government and defense, healthcare, IT and telecom, automotive and transportation, retail, manufacturing, and others. The IT and telecom segment dominated the market in 2022.

Based on country, the South & Central America unified endpoint management market is segmented into Brazil, Argentina, and the Rest of South & Central America. Brazil segment dominated the market in 2022.

Citrix Systems, Inc.; IBM Corporation; Ivanti; MICROLAND LIMITED; Microsoft Corporation; STEFANINI; and Zoho Corporation Pvt. Ltd. are the leading companies operating in the South & Central America unified endpoint management market.

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