Unified Endpoint Management Market is expected to reach US$ 84.91 Billion by 2031

Increase in Demand for Endpoints Across Organizations to Fuel Unified Endpoint Management Market Growth During Forecast Period 

According to our latest study, “Unified Endpoint Management Market Size and Forecast (2021–2031), Global and Regional Share, Trend, and Growth Opportunity Analysis – by Component, Deployment, Platform, Organization Size, and End User," the market was valued at US$ 9.34 billion in 2023 and is expected to reach US$ 84.91 billion by 2031; it is estimated to record a CAGR of 31.8% from 2023 to 2031. The report includes growth prospects owing to the current unified endpoint management market trends and their foreseeable impact during the forecast period.    

The demand for endpoint devices, such as laptops, smartphones, tablets, and IoT devices, along with mobile services, is rapidly growing due to digital transformation, remote working, and the need for enhanced productivity and mobility. Organizations increasingly need mobile services for various applications. For instance, by the end of 2023, 5.6 billion people subscribed to mobile services, and 4.7 billion people used mobile Internet, according to the Global System for Mobile Communications (GSMA). Further, the shift toward cloud-based applications and services requires endpoint devices that can efficiently access and utilize these resources in organizations. Also, with a rise in digitalization, employees must have access to maintain productivity and competitiveness, which can be fulfilled with these devices. According to the report of Beyond Identity, the average employee uses 2.5 devices for work; 97% frequently use a desktop or laptop device, and 66% utilize smartphones for work. Over 24% of employees utilize tablets for various operations. The increasing demand for endpoints in organizations necessitates comprehensive and scalable solutions that provide a centralized platform to manage all endpoints, regardless of operating system. Therefore, with the rise in the demand for endpoints across organizations, the need for unified endpoint management solutions is increasing, which boosts the unified endpoint management market growth.  

Unified Endpoint Management Market Analysis — by Geography

Source: The Insight Partners Analysis

42Gears Mobility Systems Pvt Ltd.; BlackBerry Ltd; Matrix42 AG; MobileIron Inc; Ivanti; Citrix Systems Inc; International Business Machines Corp; Microsoft Corp; VMware Inc; Zoho Corp Pvt Ltd; MICROLAND LIMITED; REDPALM; SCALEFUSION (PROMOBI TECHNOLOGIES PVT LTD); STEFANINI; TANGOE; Sophos Ltd.; HCL Technologies Ltd; SOTI Inc; baramundi software USA, Inc.; and Mitsogo Inc are among the key players profiled in the unified endpoint management market report. Several other major players were also studied and analyzed during the market study to get a holistic view of the market and its ecosystem.

The report includes the unified endpoint management market forecast by component, deployment, platform, organization size, and end user. Based on deployment, the unified endpoint management market is divided into cloud-based and on-premise. In terms of revenue, the cloud segment held a larger unified endpoint management market share and is expected to record a higher CAGR during the forecast period.

The scope of the unified endpoint management market report focuses on North America (US, Canada, and Mexico), Europe (Spain, UK, Germany, France, Italy, and Rest of Europe), Asia Pacific (South Korea, China, India, Japan, Australia, and Rest of Asia Pacific), Middle East & Africa (South Africa, Saudi Arabia, UAE, and Rest of Middle East & Africa), and South & Central America (Brazil, Argentina, and Rest of South & Central America). North America dominated the market in 2023, followed by Europe and APAC.

The Asia Pacific unified endpoint management market is segmented into Australia, China, Japan, India, South Korea, and the Rest of APAC. The region is witnessing a rapid digital transformation across various industries, revolutionizing the way businesses operate. This digital revolution, coupled with the increasing adoption of enterprise mobile devices and remote work practices, has resulted in a surge in the demand for unified endpoint management solutions. The continuous development of digital capabilities is intended to assure long-term competitiveness.  

Governments of various countries in Asia Pacific are promoting digitization across various businesses. The governments have implemented digital transformation plans to boost infrastructure expansion. Numerous government programs, such as Digital India, Smart Nation Singapore, and Malaysia's MyDIGITAL, demonstrate the region's goal to become a digital leader. The region's large-scale expenditures in digital infrastructure attract both technological startups and established market players. These initiatives are designed to enhance digital awareness, digital services and governance, and high-speed internet connectivity. However, with such digital transformations, there is an associated risk of endpoint security breaches. For instance, according to a report by the World Economic Forum, Asia Pacific (APAC) experienced the highest year-over-year increase in weekly cyberattacks during the first quarter of 2023. On average, businesses in the region faced 1,835 attacks per organization during that period. In May 2022, India’s second-largest airline, SpiceJet, faced a ransomware attack on their system, leading to a cascading delay of flights. This attack yielded an unencrypted database backup file containing the private information of more than 1.2 million passengers. Thus, with the rising number of cyberattacks in the region, the need for unified endpoint management is expected to grow over the forecast period.

In terms of revenue, China held the largest unified endpoint management market share in APAC. As per the 49th China Statistical Report on Internet Development, the number of remote employees in China surged to 469 million as of December 2021, marking a significant 35.7% year-on-year increase. This data highlights the substantial growth and prevalence of remote work in the Chinese business landscape. With more employees working remotely and utilizing personal devices for work purposes, businesses are recognizing the need for a comprehensive, unified endpoint management solution. Unified endpoint management solutions enable seamless device management across various platforms, ensuring that employees can access company resources securely from any place at any time. Thus, a rapidly expanding remote workforce is one of the primary drivers of the unified endpoint management market in China.

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