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Unified Endpoint Management Market is Emerging with 25.5% of CAGR by 2027 – Ivanti, Matrix42, Microsoft Corporation, Mobileiron, VMware

Oct 14, 2020

According to our latest market study on “Unified Endpoint Management Market Forecast to 2027 – COVID-19 Impact and Global Analysis – by Component (Solutions and Services), 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 Other End Users),” the market was valued at US$ 3,005.0 million in 2019 and is projected to reach US$ 20,048.0 million by 2027; it is expected to grow at a CAGR of 25.5% from 2020 to 2027.The report highlights key factors driving the market growth, and prominent players with their developments in the market.

Unified endpoint management (UEM) tools allow organization to manage and secure all their servers, devices, and endpoints from a unified console. They are offered as a combination of enterprise mobility management, mobile content management, mobile application management, mobile device management, and client management solutions, among others. Unified endpoint management solutions are compatible with a wide range of platforms, including Windows, macOS, iOS, Android, and wear OS, installed on a diverse categories of devices, such as desktops, laptops, smartphones, tablets, and wearables. These solutions also support all mobility use cases in organizations ranging from corporate owned, purpose-built, or shared devices to BYOD devices.

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Key benefits of UEM solutions include endpoint management, user profile management, dashboards, reporting, mobile device management, and patching and endpoint security. The popularity of these solutions and related services is increasing significantly in the industries such as IT & telecom, healthcare, BFSI, government, and retail. In addition, growing demand for high security and efficient management of endpoints, coupled with rising trend of mobile workforce, are a few factors driving the adoption of UEM solutions across the enterprises of different sizes. Demand forthe UEM solutions is anticipated to rise at an impressive pace in coming years owing to growing trend of digitalization, smart workplaces, and automation. 42Gears Mobility Systems Pvt Ltd.; BlackBerry Limited; Matrix42 AG; MobileIron; Ivanti; Citrix Systems, Inc.; IBM Corporation; Microsoft Corporation; VMware, Inc.; and Zoho Corporation are among the key unified endpoint management market players  that have been profiled during this market study.

Impact of COVID–19 Pandemic on APAC Unified Endpoint ManagementMarket

The APAC region is characterized by the presence of many developing countries with growing industrial sector and rising population. The growing urbanization, industrialization level, and presence of huge number of large, small & medium enterprises in the Asia Pacific region makes it a promising market for the growth of unified endpoint management market. Moreover, APAC is also a global industrial hub with presence of key industries such as IT & telecom, BFSI, healthcare, consumer electronics, semiconductor, and automotive in countries such as China, India, Japan, and South Korea. For instance, China is the global manufacturing hub for various industries and fortune 500 companies. It was also one of the worst affected COVID-19 countries during the first quarter of 2020. The lockdown of various plants and factories in China had affected the global supply chains and negatively impacted manufacturing, delivery schedules, and sales of various products and services. In addition to this, the uncertainty regarding the future outbreak especially in countries such as India and few other Asian countries, where the graph is going upwards may affect the growth of various industries especially IT and telecom which is prominent in these countries. To mitigate the negative impact and continue operations, companies need to invest in remote working solutions and advanced endpoint management solutions such as unified endpoint management. The huge presence of companies in this region is anticipated to provide huge growth opportunities for market players operating in global unified endpoint management market in the coming quarters.

Key Findings of Study:

Large enterprises, especially in North America and Europe, are the prime end users of unified endpoint management products. The complexity of large-scale operations, high costs of operations, huge number of endpoint devices, prevailing trend of remote work, and fast adoption of advanced solutions are among the key factors driving the demand for UEM solutions and services across large enterprises. In addition, these businesses digitally transform operations and enhance process security. However, small and medium-sized enterprises (SMEs) are still in the growth stage to adopt advanced technologies such as UEM by replacing the traditional endpoint management solutions. Limited resources as well as the lack of awareness about the potential cost benefits and productivity benefits of UEM solutions restrict their adoption among SMEs. However, with the growing popularity of cloud-based UEM, SMEs are increasingly investing in such solutions, which acts as a lucrative growth opportunity to players operating in the global unified endpoint management market. A few of the key companies such as Citrix Systems, Inc.; VMware, Inc.; and Microsoft Corporation offer cloud-based UEM solutions/subscriptions at competitive prices for SMEs. Moreover, rising trend of digital transformation to improve business processes, enhance productivity, and reduce operating costs would boost the adoption of UEM solutions and services among SMEs in the coming years.

Strategic Insights

The unified endpoint management market players are mainly focusing on the development of advanced and efficient products.

  • In 2020, BlackBerry Limited 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.
  • In 2020, Citrix released patches for 5 vulnerabilities that affect multiple versions of Citrix Endpoint Management on-premise instances, also known as XenMobile Server.

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