Unified Endpoint Management Market Analysis, Segments, Key Players, Drivers, Trends, and Forecast 2020 – 2027
Market Overview
According to the Market
Research Future report, the Global Unified Endpoint Management (UEM) market 2020 is anticipated to
considerably rise through the forecast period and secure a sizeable market
value of USD 9.67 billion by 2027, at a healthy 37.48% CAGR in the forecast
period.
Drivers and Restraints
One of the main factors
driving UEM market growth is the need for single unified endpoint
management (UEM) program to serve both conventional and non-traditional
endpoints. In addition, the need for data security in industries as well as the
increasing possession of cell phones among the working population are two of
the primary reasons that drive this industry's growth. The prevalence of
cloud-based technology and the rising e-commerce & e-banking phenomenon in
the industry are important factors that help business growth. In addition, to
create lucrative growth prospects for UEM vendors, the introduction of next-gen
technologies, including IoT platforms and smart wearables, into almost any
vertical is expected in the assessment period.
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At the other hand, high
costs associated with the deployment of UEM and lack of awareness about the
advantages of the same would hinder market growth for unified endpoint
management (UEM) in companies.
Segmental overview
The unified endpoint
management market is analyzed based on type, region size of the organization,
and vertical.
The UEM market is
categorized in solutions and services, based on the type. Between these, the
Unified Endpoint Management (UEM) market segment of Services is expected to
register the highest cagr over the review period, than the Solutions
segment.
Based on the organization
size, the UEM market is segmented into large enterprises and SMEs.
Based on the vertical, the
UEM market is segmented into BFSI, retail, government & defence,
healthcare, telecommunication & IT, manufacturing, logistics &
transportation, automotive and others. BFSI companies incorporate technology such
as mobile banking and allow customers to get better services through
smartphones.
Regional Analysis
The global unified
endpoint management (UEM) industry regional analysis has been performed in four
main regions, including North America, Latin America, Asia Pacific, Middle
East, Europe, and Africa.
Due to the widespread
existence of IoT, it is expected that North America will lead the unified
endpoint management market and will bring your own (BYOD) solutions to that
region. Hence, growth in demand in North America is expected to be affected by
the need to protect data that is stored in the cloud and shared through
networks. Europe is best suited to North America, as different business
verticals like BFSI adopt the BYOD model in order to decrease their operating
costs, thus contributing towards the region’s growth. European businesses are
proactively implementing consolidated endpoint management strategies to achieve
comparative edge and differentiate themselves from their rivals which is
another key force in the unified endpoint management sector. Asia-Pacific is
estimated to be the fastest-growing region, as the convergence concept is
spread through many vertical lines. Moreover, the concept of
mobility is gradually being implemented across various organizations in the
region, consequently boosting the market growth.
Competitive Study
The foremost market
players operating in the global unified endpoint management (UEM) market as
recognized by MRFR are VMware, Inc. (US), CA Technologies (US), Sophos Ltd.
(UK), Ivanti (US), SOTI Inc. (Canada), MobileIron (US), Citrix Systems, Inc.
(the US), BlackBerry Limited (Canada), and Jamf (US) and others.
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Table of Contents
1 Executive Summary
2 Scope of The Report
2.1 Market Definition
2.2 Scope of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Market Structure
Continued…
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