Unified Endpoint Management Market Size, Share, Industry Trends and Forecast to 2030

Unified Endpoint Management Market Size & CAGR in 2021

The unified endpoint management market is projected to reach a valuation of USD 12.3 billion in 2021 with a Compound Annual Growth Rate (CAGR) of 8.5%. This growth can be attributed to the increasing adoption of remote working solutions, rising focus on data security, and the need for central management of various endpoint devices across organizations.

COVID-19 Impact on the Unified Endpoint Management Market

The COVID-19 pandemic has accelerated the demand for unified endpoint management solutions as companies shifted to remote work setups. Organizations prioritized enhancing their endpoint security and ensuring secure access to corporate networks for remote employees. This surge in demand led to an increased market size for unified endpoint management solutions during the pandemic.

Unified Endpoint Management Dynamics

The unified endpoint management market is driven by the need for centralized control and management of endpoint devices, the increasing trend of Bring Your Own Device (BYOD) policies in organizations, and the rising concerns regarding data security and compliance. Moreover, the integration of Artificial Intelligence (AI) and Machine Learning (ML) capabilities in unified endpoint management solutions is expected to drive market growth in the coming years.

Segments and Related Analysis

The unified endpoint management market can be segmented based on deployment type, organization size, vertical, and region. By deployment type, the market is divided into on-premises and cloud-based solutions. Small and medium-sized enterprises (SMEs) and large enterprises are the key organization sizes in the market. Verticals such as IT & Telecom, BFSI, Healthcare, Retail, and others drive the demand for unified endpoint management solutions.

By Region Analysis

The unified endpoint management market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa regions. North America holds the largest market share due to the presence of major market players, technological advancements, and the early adoption of unified endpoint management solutions. The Asia Pacific region is expected to witness significant growth during the forecast period due to the increasing digital transformation initiatives in countries like India, China, and Japan.

Key Market Players and Competitive Landscape

Key players in the unified endpoint management market include VMware, Microsoft Corporation, IBM Corporation, BlackBerry Limited, Citrix Systems, Ivanti, Cisco Systems, Quest Software, Matrix42, and 42Gears Mobility Systems. These companies are focusing on product innovations, strategic partnerships, and mergers & acquisitions to strengthen their market position and gain a competitive edge.

Recent Happenings in the Unified Endpoint Management Market

In recent developments, VMware announced the release of its latest unified endpoint management solution with enhanced security features and integration capabilities. Microsoft Corporation partnered with leading cybersecurity firms to provide enhanced endpoint protection for organizations. IBM Corporation launched a new AI-powered endpoint management platform to streamline device management processes.