Unified Endpoint Management Market
Market Overview
The Unified endpoint management market is estimated to grow at a compound annual growth of CAGR of 37.48% from 2017 to 2023. The value of the Unified endpoint management market has been USD 1.43 billion in 2017 and it is expected to reach USD 9.67 billion by the end of the year 2023.
Unified endpoint management is modern mobile device management that allows IT to manage and secure the applications on any device. It makes a lot of things easier like managing digital and mobile devices with less manpower. UEM helps to secure mobile devices from cyberattacks and hackers.
An increase in the number of tablets, smartphones, and laptops and the growing need for single Unified endpoint management has been the main drivers of the Unified endpoint management market.
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Market segmentation
The Unified endpoint management market has been segmented based on type, organization size, vertical, and region.
Based on type: Based on type the Unified endpoint management market has been sub-segmented into solutions and services.
Based on organization size: Large enterprises, Small and medium-sized enterprises are the sub-segments of the Unified endpoint management market under the segment of the organization. Amongst these sub-segments, Large enterprises hold the largest share of 66.4% in the market.
Based on Vertical: Based on the Vertical segment the Unified endpoint management market has been sub-segmented into-
- BFSI
- IT and telecommunications
- Automotive
- Government and defense
- Retail
- Manufacturing
- Healthcare
- Transportation and logistics
- Others
Based on the region: Based on region the Unified endpoint management market has been grouped into North America, Asia-Pacific, The European Union and the rest of the world. Amongst all, North Americans are leading the Unified endpoint management market.
Key players: The main key players in the Unified endpoint management market are-
- Vamware Inc.(US), Citrix Systems Inc.(US), Microsoft Corporation (US), IBM corporations (US), Blackberry Limited (Canada), MobileIron (US), Jamf (US), SOTI Inc (Canada), Sophos Ltd (UK), Ivanti (US).
Regional classification
The Unified endpoint management market has been dominated by North America amongst all the other regions like the Asia Pacific, Europe, and the rest of the world. Followed by North America, European Union has the second largest Unified endpoint management market share.
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The Unified Endpoint Management Market is estimated to be USD 1.40 billion in 2017 and is projected to reach USD 7.06 billion by 2022, at a CAGR of 38.2% during the forecast period.
The increasing use of mobile devices such as smartphones, tablets, and smart wearables in workplaces has propelled enterprises to manage content that is accessed from these devices.
Presently, organizations are faced with the challenge of protecting critical organizational data from cyber-attacks.
The need to ensure data security is projected to drive the adoption of unified endpoint management solutions in enterprises.The unified endpoint management market has been segmented on the basis of type, organization size, vertical, and region.
The need to upgrade UEM solutions to support a wide range of endpoints will provide lucrative growth opportunities to developers of UEM solutions in the near future.Speak to Our Expert Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=96801066Major players operating in the unified endpoint management market include VMware (US), Microsoft (US), IBM (US), MobileIron (US), BlackBerry (Canada), Citrix Systems (US), Ivanti (US), Sophos (UK), SOTI (Canada), Jamf (US), Symantec (US), CA Technologies (US), Cisco Systems (US), and Zoho (US).
Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients.
According to research report "Unified Endpoint Management Market by Type (Solutions and Services), Organization Size (Large Enterprises and SMEs), Vertical (BFSI, Telecommunication & IT, Consumer Goods & Retail, Healthcare, Manufacturing), and Region - Global Forecast to 2022", The unified endpoint management market is estimated to be USD 1.40 Billion in 2017 and is projected to reach USD 7.06 Billion by 2022, at a CAGR of 38.2% from 2017 to 2022.
In addition, increased awareness regarding the importance of data security in organizations is also contributing to the growth of the unified endpoint management market.Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=96801066Browse 90 market data Tables and 48 Figures spread through 129 Pages and in-depth TOC on "Unified Endpoint Management Market - Global Forecast to 2022"Based on type, the services segment of the unified endpoint management market is expected to grow at a higher CAGR during the forecast period.Based on type, the services segment of the market is projected to grow at a higher CAGR as compared to the solutions segment during the forecast period.
The need for appropriate training & support services, post the deployment of UEM solutions to ensure the effective management of endpoints, is projected to drive the growth of the services segment.Based on organization size, the Small & Medium-sized Enterprises (SMEs) segment of the unified endpoint management market is expected to grow at a higher CAGR during the forecast period.Based on organization size, the Small & Medium-sized Enterprises (SMEs) segment of the market is projected to grow at a higher CAGR as compared to the large enterprises segment during the forecast period.
This growth can be attributed to the increasing adoption of UEM solutions by SMEs to reduce operational cost and enhance enterprise security.Based on vertical, the BFSI segment is estimated to lead the unified endpoint management market in 2017.Based on vertical, the BFSI segment is estimated to lead the market in 2017.
The rising trend of Bring Your Own Device (BYOD) in the BFSI sector has contributed to the increased adoption of unified endpoint management solutions.North America is estimated to lead the unified endpoint management market in 2017.North America is estimated to lead the market in 2017.
The need to safeguard data stored in the cloud and transferred over networks is projected to drive the growth of the market in North America.Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=96801066Major companies operating in the unified endpoint management market include VMware (US), Microsoft (US), IBM (US), MobileIron (US), BlackBerry (Canada), Citrix Systems (US), Ivanti (US), Sophos (UK), SOTI (Canada), Jamf (US), Symantec (US), CA Technologies (US), Cisco Systems (US), and Zoho (US).About MarketsandMarkets™MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.
SummaryA New Market Study, titled “Unified Endpoint Management Market Upcoming Trends, Growth Drivers and Challenges” has been featured on Market Research Future.Market OverviewAccording to the Market Research Future report, the unified endpoint management market 2020 is anticipated to considerably rise through the forecast period and secure a sizeable market value of USD 9.67 billion by 2023, at a healthy 37.48% CAGR in the forecast period.Drivers and RestraintsOne of the main factors driving unified endpoint management market growth is the need for single unified endpoint management (UEM) program to serve both conventional and non-traditional endpoints.
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 unified endpoint management market vendors, the introduction of next-gen technologies, including IoT platforms and smart wearables, into almost any vertical is expected in the assessment period.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 overviewThe 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.
BFSI companies incorporate technology such as mobile banking and allow customers to get better services through smartphones.
Regional AnalysisThe global unified endpoint management market 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.
