Unified Endpoint Management Market Growing at a CAGR 38.2%| Key Player Microsoft, Mobileiron, Blackberry, Citrix Systems, Ivanti

May 06 03:47 2021
Unified Endpoint Management Market Growing at a CAGR 38.2%| Key Player Microsoft, Mobileiron, Blackberry, Citrix Systems, Ivanti

VMware (US), Microsoft (US), IBM (US), MobileIron (US), BlackBerry (Canada), Citrix Systems (US), Ivanti (US), Sophos (UK), SOTI (Canada), Jamf (US), Symantec (US), CA Technologies (US), Cisco Systems (US), and Zoho (US)
Unified Endpoint Management Market by Type (Solutions and Services), Organization Size (Large Enterprises and SMEs), Vertical (BFSI, Telecommunication & IT, Consumer Goods & Retail, Healthcare, Manufacturing), and Region – Global Forecast to 2022

The Unified Endpoint Management Market is estimated to be USD 1.40 Billion in 2017 and is projected to reach USD 7.06 Billion by 2022, at a CAGR of 38.2% during the forecast period. The need for a single UEM solution that can manage traditional and non-traditional endpoints is one of the most significant factors projected to drive the growth of the unified endpoint management market. The expansion of mobile workforces, proliferation of mobile apps, increased security threats, and the need to adhere to strict regulatory compliances regarding data security are additional factors contributing to the growth of the unified endpoint management market. The inclusion of next-generation devices such as IoT devices and smart wearables in enterprises is expected to offer lucrative growth opportunities to UEM vendors in the near future.

Based on type, the services segment of the unified endpoint management market is expected to grow at a higher CAGR during the forecast period.

Based on type, the services segment of the market is projected to grow at a higher CAGR as compared to the solutions segment during the forecast period. The need for appropriate training & support services, post the deployment of UEM solutions to ensure the effective management of endpoints, is projected to drive the growth of the services segment.

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Based on organization size, the Small & Medium-sized Enterprises (SMEs) segment of the unified endpoint management market is expected to grow at a higher CAGR during the forecast period.

Based on organization size, the Small & Medium-sized Enterprises (SMEs) segment of the market is projected to grow at a higher CAGR as compared to the large enterprises segment during the forecast period. This growth can be attributed to the increasing adoption of UEM solutions by SMEs to reduce operational cost and enhance enterprise security.

Major players operating in the unified endpoint management market include VMware (US), Microsoft (US), IBM (US), MobileIron (US), BlackBerry (Canada), Citrix Systems (US), Ivanti (US), Sophos (UK), SOTI (Canada), Jamf (US), Symantec (US), CA Technologies (US), Cisco Systems (US), and Zoho (US).  These players have adopted key growth strategies, such as new product launches and strategic partnerships, to enhance their product portfolios and strengthen their presence in the unified endpoint management market.

VMware (US), a key player in the unified endpoint management market, has adopted both, organic and inorganic growth strategies to strengthen its foothold in the unified endpoint management market. For instance, in August 2017, VMware launched VMware Workspace ONE powered by AirWatch. Workspace ONE is a single solution that unifies the management of endpoints and enhances end user experience across all endpoint platforms, including Windows, macOS, Chrome OS, iOS, and Android. Similarly, in August 2017, VMware partnered with Google to enable the unified endpoint management of all Chrome OS devices in enterprises.

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Microsoft (US), another key player in the unified endpoint management market, has adopted both, organic and inorganic growth strategies to enhance its market presence and widen its customer base. For instance, in September 2017, Microsoft collaborated with Jamf (US) to provide automated compliance management solution for Mac devices accessing applications set up with Azure AD authentication. In September 2017, Microsoft introduced new features in Microsoft Intune to expand its UEM capabilities.

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