PUBLISHER: Orion Market Research | PRODUCT CODE: 1433367
PUBLISHER: Orion Market Research | PRODUCT CODE: 1433367
Global Unified Endpoint Management Market Size, Share & Trends Analysis Report by Component (Solutions and Services (Professional Service, Managed Service)), by Organization Size (SMEs and Large Enterprises), and by Vertical (BFSI, Telecom & IT, Retail, Government/Defense, Healthcare, Media & Entertainment and Others), Forecast Period (2023-2030)
The global unified endpoint management market is anticipated to grow at a CAGR of 9.1% during the forecast period (2023-2030). Unified Endpoint Management (UEM) allows IT to manage, secure, and deploy corporate resources and applications on any device from a single console. The growing adoption of intuitive user interfaces, scripted actions, approval workflow features, RBAC roles, and more, for efficient endpoint management is the key factor supporting the growth of the market globally. Various management platforms for other companies focus on a streamlined, consistent, and efficient approach to managing customers' policies and endpoints. The market players are also focusing on introducing efficient endpoint management solutions that further bolster the market growth. For instance, in April 2023, Nerdio, a solution for organizations of all sizes looking to manage and cost-optimize native Microsoft cloud technologies launched a major new version of Nerdio Manager for MSP for unified endpoint management and cross-tenant management into Nerdio Manager for MSP and their day-to-day operations.
The global unified endpoint management market is segmented on the component, organization size, and verticals. Based on the component, the market is sub-segmented into solutions and services (professional service, managed service). Based on the organization size, the market is sub-segmented into SMEs and large enterprises. Further, on the basis of verticals, the market is sub-segmented into BFSI, telecom & IT, retail, government/defense, healthcare, media & entertainment and others (manufacturing). Among the vertical, the telecom & IT sub-segment is anticipated to hold a considerable share of the market owing to the rise in the development of policy-based control of networked PCs and other devices to maintain functionality and safeguard the devices, data, and other assets from cyber threats.
Among the organization size, the large enterprises sub-segment is expected to hold a considerable share of the global unified endpoint management market. The segmental growth is attributed to the growing influence of a broad range of windows policy enforcement capabilities with an on-device agent that can offer deeper levels of control and management. Opposed to over-the-air UEM windows management tools that rely only on the MDM protocol for modern PC management. For instance, in July 2022, Micro Focus announced that it had been named in the IDC MarketScape globally unified endpoint management software for small and midsize businesses 2022 vendor assessment report. This placement in the IDC MarketScape matrix supports the strategy to focus on the key SMB market differentiation as the vendor of choice to support traditional and modern device management within a single pane of glass.
The global unified endpoint management market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia), and the Rest of the World (the Middle East & Africa, and Latin America). Among these, Asia-Pacific is anticipated to hold a prominent share of the market across the globe, owing to the increasing adoption of mobile devices across enterprises and IoT applications.
Among all regions, the North America regions is anticipated to grow at a considerable CAGR over the forecast period. Regional growth is attributed to increasing data flowing through devices such as smartphones, tablets, and laptops and rising cyberattacks such as identity theft and fraud. Additionally, the high number of IT and capital markets and their diversified businesses globally call for efficient management of endpoint devices and have contributed to the market growth in the region. The key market player includes Broadcom, Cloud Software Group, Inc., IBM Corp., Microsoft, Zoho Corporation Pvt. Ltd. and others.
Various platform comes at a time when attacks against mobile devices and apps are increasing exponentially. To prioritize a mobile-first security strategy to stay ahead of attacks. For instance, in April 2023, Zimperium a mobile security solution for endpoints and apps, launched a unified mobile security platform for threat detection visibility and response for both endpoints and apps. Through a 'single pane of glass', customers now have centralized access to and management of both Zimperium's mobile application security and endpoint security solutions.
The major companies serving the unified endpoint management market include BlackBerry Ltd., IBM Corp., Jamf, Microsoft Corp., VMware, Inc., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in July 2023, Samsung and Microsoft launched the first on-device attestation solution for enterprises. Strategic partnership leads to improved enterprise mobile device security for the modern workplace. The power of the Microsoft Cloud and Intune, is uniquely positioned to empower defenders with end-to-end capabilities to help stop sophisticated bad actors and improve Zero Trust security posture.