Press release
Unified Endpoint Management Market Size, Emerging Trends, Market Opportunities, Key Players And Forecast To 2033
Unified Endpoint Management Market
The unified endpoint management market size is expected to see exponential growth in the next few years. It will grow to $40.36 billion in 2028 at a compound annual growth rate (CAGR) of 31.2%. The growth in the forecast period can be attributed to evolving threat landscape, remote work continuation. Major trends in the forecast period include technological advancements, rising applications in research, ai and automation, zero trust security model, iot integration, cloud adoption.
Market Overview -
Unified endpoint management (UEM) is an architecture and approach that control different types of devices, including computers, smartphones, and IoT devices, from a centralized command point. Unified endpoint management securely manages all endpoints in an organization using a comprehensive solution. These tools help organizations manage a growing range of end-user and internet of things requirements. They must maintain visibility and control across their endpoint environments from a unified platform. These encompass management, security, and identity across mobile devices and laptops, including (but not limited to) mobile phones, tablets, wearables, and IoT devices.
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Escalating Cyber Threats Drive Unified Endpoint Management Market Growth
Rising cyber threats are promoting the growth of the unified endpoint management market. A cyberattack is a cybercriminal attack that uses one or more computers to target numerous computers or networks. Rising cyber threats are increasing the use of unified endpoint management by organizations to ensure that all devices and services connected to one network are protected against cyberattacks. For instance, in May 2023, according to UK Finance, a UK-based trade association for the banking sector, authorized fraud losses caused by cyber attacks reached £485.2 million ($616 million), with 207,372 total cases in 2022, an increase of 6% compared to 2021. Therefore, rising cyber threats are expected to propel the growth of the unified endpoint management market going forward.
Competitive Landscape -
Major companies operating in the unified endpoint management market report are 42Gears Mobility Systems Pvt Ltd, BlackBerry Limited, Citrix Systems Inc, International Business Machines Corporation, Matrix42 AG, Microsoft Corporation, MobileIron Inc, Sophos Group plc, Soti Inc., Zoho Corporation, Ivanti Inc., VMware Inc., Lenovo Group Limited, NortonLifeLock Inc., NextLabs Inc., Broadcom Inc., Absolute Software Corporation, Amtel Inc., Baramundi Software AG, Cisco Systems Inc., Codeproof Technologies Inc., Comodo Group Inc., Dell Technologies Inc., FancyFon Software Ltd., Google LLC, Hexnode Technologies Inc., Jamf Inc., Kaseya Limited, Micro Focus International plc, Miradore Ltd., NetSupport Ltd., Quest Software Inc., Snow Software AB, Symantec Corporation
Tech Advancements Pave The Way For Unified Endpoint Management Market Growth
Technological advancements have emerged as the key trend gaining popularity in the unified endpoint management market. Major companies operating in the unified endpoint management sector are focused on new technological solutions to meet consumer demand and reinforce their position. For instance, in May 2022, Syxsense, a US-based IT and security management company, introduced Syxsense Enterprise, a new cloud-based unified endpoint management platform designed to provide remediation for any endpoint and real-time vulnerability monitoring in an organization's network.
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Key Segments -
The unified endpoint management market covered in this report is segmented -
1) By Component: Solutions, Services
2) By Organization Size: Large Enterprises, Small and Medium Enterprises
3) By Development Model: Cloud-Based, On-Premise
4) By End User: Banking And Financial Services (BFSI), Healthcare, Retail and Consumer goods, IT and Telecom, Government, Media and Entertainment, Other End Users
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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