Unified Endpoint Management Market Analysis Report By Component, By Organization Size, By Vertical, By Region And Segment Forecasts From 2020 To 2027

Industry Insights

The global unified endpoint management (UEM) market size was worth USD 2.75 billion in 2019. The market is anticipated to register 32.2% CAGR over the forecast duration, 2020 to 2027. In the past few years, computing systems and applications become advanced, which in turn, has surged the IT asset footprints globally. Companies are focusing on adopting higher endpoint models to cater to their requirements for updated operating system software like ChromeOS and Windows 10. Organizations are further emphasizing managing the various endpoints such as desktops, tablets, and laptops using a single platform, as a result, the demand for the unified solution is gaining traction. In addition, increasing demand to access organizations’ data using personal devices is further bolstering the market growth. 

Bring Your Own Devices (BYOD) has become the new trend among enterprises as it helps in increasing the productivity of the employees. In BYOD, employees are allowed to access the enterprises’ data. Easy access to enterprise’ data reduces the complexity involved in the working process. Therefore, to overcome the intricacy, the demand for a unified endpoint management solution is gaining traction across enterprises.

Due to the diverse approach of UEM, its popularity in the past few years has surged considerably. From the mobile device to application management to mobile security to various other related applications, all are being managed with a uniform platform. In addition, the UEM solution also helps enterprises in adhering to stringent regulatory guidelines. For example, IBM MaaS360 helps in securing all databases and their contents along with adhering to GDPR policy.

Increasing adoption of heterogeneous devices that use third-party networks is the other major factor supplementing the growth of the unified endpoint management market. Third-party networks increase the chances of cyber-attacks along with increasing the burden for IT administrators to manage the network outside their organizations. With the use of UEM, such circumstances can be managed easily from a central location.

Component Insights

Depending on the component, the market has been classified into solutions and services. In 2019, the solution segment accounted for the major share in the market with more than 51.0%. Increasing demand for a platform that can offer endpoint security and endpoint management capabilities using a single console is propelling the segment demand. In addition, continuous upgrades and advancements in platforms are further anticipated to bolster the segment growth. Moreover, the rise in demand for SaaS-based models and cloud-based solutions is estimated to augment the growth of the segment.

On the other hand, the services segment is likely to register the maximum growth from 2020 to 2027. Increasing demand for effective consulting services required before the implementation of UEM solution is proliferating the segment growth. By accessing the existing IT infrastructure, UEM vendors suggest enterprises about implementing the solution. In addition, UEM vendors provide training & support and managed services to enterprises.

Organization Size Insights

In 2019, the large enterprise organization segment held the largest share in the UEM market with more than 74.0% by revenue. Further, the segment is projected to dominate the market from 2020 to 2027. Factors such as a rise in the adoption of endpoints, the Internet of Things (IoT), and network components in large organizations are driving the segment growth. In addition, the rising need for endpoints in the legacy IT infrastructure and growing risk from cyberattacks is anticipated to augment the segment growth.

On the other hand, small and medium enterprises are estimated to register considerable growth in the adoption of UEM solutions. Factors such as increasing focus on securing enterprise mobility and rise in the adoption of cloud-based solutions among small and medium enterprises are bolstering the segment growth. Further, the growing popularity of BYOD and compliance requirement is expected to boost the segment growth.

Application Insights

Among different industry verticals, the IT & telecom segment occupied the highest share of more than 26.0% by revenue in 2019. Increasing expenditure on IT services as well as solutions to ensure productivity is a key factor driving the segment growth. Usually, the IT & telecom industry has complex network components along with dedicated servers to manage the flow of the different applications and IT assets across organizations. To overcome such complexity, IT & telecom companies are increasingly adopting UEM solutions.

The healthcare segment is estimated to register the highest growth from 2020 to 2027. Technical advancements in the healthcare sector have led to a rise in the adoption of wearable devices, cloud-based services, and blood pressure monitors, which in turn, is anticipated to bolster the segment growth. The rise in the usage of mobile devices and IT devices that facilitate remote communication increases the risk of cyber-attacks. Therefore, the growing need to secure healthcare facilities, patients, and lifesaving systems are estimated to drive the adoption of UEM solutions in healthcare.

Regional Insights

In 2019, North America held the highest share in the unified endpoint management market with 42.0%. Further, it is anticipated that the region would dominate the market over the forecast duration. Increasing investment in technologies to simplify operations is a major factor driving regional growth. In addition, the presence of several leading UEM solutions providers in the region is attributed to the growth of the region. 

The Asia Pacific is projected to witness the highest growth over the forecast duration. The rise in the adoption of mobility services across different enterprises is estimated to drive regional growth. In addition, increasing adoption of BOYD and cloud-based solutions are projected to bolster regional growth. Countries such as India and China are witnessing rapid development in their IT infrastructure, which is anticipated to positively affect regional growth. 

COVID-19 Impact Analysis

The COVID-19 outbreak has positively affected the growth of the market. The pandemic has resulted in the rise in the remote work culture. Thus, businesses have been encouraged to shift their business model in favor of remote working. A large number of organizations have implemented the Bring Your Device (BYOD) solution or issued their own devices to employees. Therefore, to maintain unified communication and ensure seamless access to organizations’ resources, companies are increasingly implementing UEM solutions. Further, this trend is estimated to continue post-COVID period as leading tech companies including Google have allowed their employees to work from home until mid-2021.

Unified Endpoint Management Market Share Insights

The market is highly fragmented owing to the presence of both emerging and large players providing a variety of solutions and services. The market includes vendors from enterprise mobility management to mobile security solutions. These vendors are focusing on diversifying their platforms and solutions to offer dedicated UEM solutions to end-users. Market players are also focusing on mergers & acquisitions, collaborations, and partnerships to strengthen their position in the market. For example, VMware, in 2019, acquired the U.S.-based AetherPal. By adding remote support solutions of AetherPal, VMware is estimated to increase the capabilities of its UEM solutions and Workspace ONE intelligent platform. Key market participants are Matrix42 AG, Sophos Ltd., Zoho Corp, IBM, Microsoft, BlackBerry Limited, Ivanti, MOBILEIRON, INC., and VMware, Inc. among others.

Report Scope

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels, and provides an analysis of the latest industry trends in each of the sub-segments from 2016 to 2027. For this study, Million Insights has segmented the global unified endpoint management market report based on component, organization size, vertical, and region:

• Component Outlook (Revenue, USD Million, 2016 - 2027)
    • Solutions
    • Services

• Organization Size Outlook (Revenue, USD Million, 2016 - 2027)
    • SMEs
    • Large Enterprises

• Vertical Outlook (Revenue, USD Million, 2016 - 2027)
    • BFSI
    • Telecom & IT
    • Retail
    • Government/Defense
    • Healthcare
    • Manufacturing
    • Media & Entertainment
    • Others

• Regional Outlook (Revenue, USD Million, 2016 - 2027)
    • North America
        • The U.S.
        • Canada
    • Europe
        • The U.K.
        • Germany
    • the Asia Pacific
        • China
        • India
        • Japan
    • Latin America
        • Brazil
        • Mexico
    • MEA