PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1532386
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1532386
The global end user computing market is estimated to be valued at US$ 11.24 Bn in 2024 and is expected to reach US$ 27.13 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 13.4% from 2024 to 2031.
Report Coverage | Report Details | ||
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Base Year: | 2023 | Market Size in 2024: | US$ 11.24 Bn |
Historical Data for: | 2019 To 2023 | Forecast Period: | 2024 to 2031 |
Forecast Period 2024 to 2031 CAGR: | 13.40% | 2031 Value Projection: | US$ 27.13 Bn |
The global end user computing market is experiencing steady growth with the rising adoption of bring your own device (BYOD) and choose your own device (CYOD) trends across various enterprise verticals. With the proliferation of smart mobile devices and technologies, employees are increasingly using their personal devices for work purposes. This has pushed enterprises to cater to the evolving demands and enable secure access to data and applications from any device. Various IT and cybersecurity vendors are offering end user computing solutions to help businesses unlock productivity while maintaining data privacy and security. The market is poised to grow further in the coming years as mobile and cloud-based solutions dominate the workplace.
The global end user computing market is driven by the rising adoption of BYOD and CYOD trends across enterprises. The growing popularity of smart mobile devices and technologies is prompting businesses to embrace the digital workplace culture and support flexible working models. However, increasing threats from malware and cyberattacks pose a challenge due to sensitive business data being accessed through personal devices. On the other hand, the growing demand for unified endpoint management and security solutions is opening new avenues for vendors. Furthermore, the shift to cloud and work from anywhere is fueling innovation in this space. Key players are investing in R&D to develop advanced solutions which can securely manage all types of endpoints through AI/ML and analytics capabilities.