Global Unified Endpoint Management Market to Surpass 78.43 Billion by 2031 Driven by Surge in Demand for DTM Solutions
SkyQuest projects that the global unified endpoint management market will attain a value of USD 78.43 billion by 2031, with a CAGR of 32.2% during the forecast period (2024-2031). The rising volume of cyber threats and data breaches has prompted organizations to increasingly embrace unified endpoint management (UEM) solutions as a pivotal strategy to bolster their overall security framework in the global unified endpoint management market. UEM offers robust features such as device encryption, data loss prevention, and identity management, all of which play a pivotal role in fortifying an organization’s security posture.
Westford, USA, Feb. 22, 2024 (GLOBE NEWSWIRE) — According to SkyQuest, the rise in remote work arrangements has spawned a critical need for unified endpoint management (UEM) solutions capable of efficiently overseeing and safeguarding a broad spectrum of devices deployed across various locations. UEM solutions have become indispensable tools for organizations seeking to maintain comprehensive visibility, control, and compliance over their networked endpoints in the global unified endpoint management market.
Browse in-depth TOC on the “Unified Endpoint Management Market”
- Pages – 157
- Tables – 61
- Figures – 75
Implementing unified endpoint management (UEM) solutions can be complex, particularly in large organizations characterized by diverse endpoint environments in the global unified endpoint management market.
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Prominent Players in Global Unified Endpoint Management Market
- Microsoft Corporation
- VMware, Inc.
- IBM Corporation
- BlackBerry Limited
- Citrix Systems, Inc.
- MobileIron, Inc.
- Ivanti
- Sophos
- Symantec Corporation
- Cisco Systems, Inc.
- Dell Technologies
- SOTI Inc.
- Jamf
- 42Gears Mobility Systems Pvt Ltd
- Matrix42 AG
- Snow Software
- Quest Software Inc.
- Kaspersky Lab
- ManageEngine
- Hexnode
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Large Enterprise Segment to Dominate Market due to Surging Demand for a Diverse Array of Software Solutions
Large enterprise segment has demonstrated its formidable presence by capturing the largest market share, accounting for over 74% of the total revenue in 2022. This segment is anticipated to sustain its dominant position in the global unified endpoint management market throughout the forecast period. The remarkable growth of the large enterprise segment can be attributed to the increasing adoption of network components, Internet of Things (IoT) devices, and many endpoints within these expansive organizations.
North America emerged as the dominant force in the global unified endpoint management market, securing the largest revenue share at 42% in 2022. The region is poised to maintain its market leadership throughout the forecast period. This strong market presence can be attributed to the sustained and substantial investments made by enterprises in North America in advanced technologies as they endeavor to optimize and streamline their operational processes.
Solution Segment to Witness Significant Growth due to Rising Demand for an All-Encompassing Solution
The solution component, encompassing software platforms designed for global unified endpoint management market, emerged as the leader, claiming over 51% of the market’s total revenue share in 2022. This robust performance can be attributed to the rising demand for an all-encompassing solution offering a single console to address endpoint management and security requirements.
Asia Pacific is poised to exhibit the most substantial growth rate during the global unified endpoint management market forecast period. This remarkable expansion can be primarily attributed to the region’s widespread proliferation of endpoint devices. Asia Pacific boasts a sizable working population, especially in emerging economies, and this demographic trend is fueling the widespread adoption of endpoint devices.
A comprehensive analysis of the major players in the global unified endpoint management market has been recently conducted in this report. The report encompasses various aspects, including collaborations, mergers, innovative business policies, and strategies, providing valuable insights into key trends and breakthroughs in the market. Furthermore, the report scrutinizes the market share of the top segments and presents a detailed geographic analysis. Lastly, the report highlights the major players in the industry and their endeavours to develop innovative solutions to cater to the growing demand.
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Key Developments in Global Unified Endpoint Management Market
- In 2023, Microsoft announced its acquisition of Atera, a cloud-based Unified Endpoint Management (UEM) solution tailored for small and medium businesses (SMBs). This strategic move underscores Microsoft’s commitment to broadening its cloud-based UEM offerings, catering specifically to the needs of SMBs. Atera’s platform offers a comprehensive and unified control center for managing all facets of endpoints, including devices, users, and applications, thus enhancing Microsoft’s capacity to serve this market segment effectively.
- In 2023, Ivanti, a prominent player in the IT management solutions space, unveiled its acquisition of Pulseway, a cloud-based UEM solution designed for IT professionals. This acquisition was a substantial deal valued at $1.5 billion.
Key Questions Answered in the Global Unified Endpoint Management Market Report
- What specific growth drivers are projected to impact the market during the forecast period?
- List the top companies in the market and explain how they have achieved their positions of influence.
- In what ways do regional trends and patterns differ within the global market, and how these differences shape the market’s future growth?
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