The unified endpoint management market size is expected to reach US$ 84.91 billion by 2031 from US$ 9.34 billion in 2023. The market is estimated to record a CAGR of 31.8% during 2023–2031. Zero-touch deployment and cloud-based solutions adoption across enterprises are likely to bring new trends to the market.
The growing demand for high security and efficient management of endpoints and the rising trend of a mobile workforce drive the adoption of unified endpoint management solutions across enterprises of different sizes. With the growing trend of digitalization, smart workplaces, and automation, the demand for unified endpoint management solutions is anticipated to rise rapidly in the coming years.
Advancements in information technology and digital applications have increased IT resources worldwide. Based on the report by Cisco, by the end of 2021, there will be over 27.1 billion devices connected to the Internet. Enterprises are increasingly adopting higher-end models to meet the hardware requirements for updated operating systems such as Windows 10 and ChromeOS. With the increasing use of endpoints such as laptops, tablets, mobile phones, and desktops in companies, the need to manage these endpoints from a single platform is increasing, resulting in a rise in the demand for unified solutions. The growing trend of implementing policies that allow personal devices to access corporate data is another factor driving the market.
Unified endpoint management (UEM) tools offered by various companies allow customers to manage and secure all the servers, devices, and endpoints in an organization from a unified console. It is also a combination of several solutions such as enterprise mobility management, mobile content management, mobile application management, mobile device management, and client management. Unified endpoint management solutions cover different platforms—such as Windows, macOS, iOS, Android, and Wear OS—across various devices, including desktops, laptops, smartphones, tablets, and wearables. These solutions support all mobility use cases in organizations, from corporate-owned, purpose-built, or shared devices to BYOD devices. The key benefits of unified endpoint management solutions include endpoint management, user profile management, dashboards, reporting, mobile device management, and patching & endpoint security. Owing to all the features and benefits, these solutions and related services are becoming increasingly popular among IT & telecom, healthcare, BFSI, government, retail, and other end-user industries.
The onset of the COVID-19 pandemic led to an increased adoption of work from home model, leading to a rise in BYOD policies across various organizations. BYOD allows employees to use personal devices such as tablets, computers, and smartphones to access confidential company data, resources, and applications. According to the report of Cybersecurity Insiders 2021, in total, 82% of organizations use BYOD. A survey conducted by 271 cybersecurity professionals found that 70% of organizations have employees bring their own devices into the workplace. BYOD is also applicable to contractors (26% of organizations), partners (21%), customers (18%), and suppliers (14%). Also, according to Jamf, in July 2023, ~75% of people were using personal devices for office work, which has resulted in 34% increase in productivity; also, organizations can save approximately US$ 250 per employee with a BYOD plus stipend policy. Unified endpoint management helps manage organizations' BYOD policies and provides robust security measures such as encryption and secure access controls, which are crucial for protecting corporate data on personal devices. Moreover, the workplaces encompass a combination of office-based, hybrid, and remote workers who are increasingly using their personal devices to work from anywhere. For instance, as of December 2022, according to "The National Institute of Standards and Technology," more than 95% of organizations allowed employees to use their own devices to work from home. Also, according to Finance Online, the COVID-19 pandemic led 85% of businesses to implement BYOD policies. The growing implementation of BYOD puts pressure on organizations to monitor the overall employee remote work as the diversity of devices accessing corporate networks has increased. Unified endpoint management solutions provide centralized management for all the endpoints. Thus, the surge in BYOD policies and work from home practices boosts the demand for unified endpoint management solutions, which fuels the market growth.
Advanced technologies are rapidly changing the way the IT sector operates. Unified endpoint management solutions use the power of AI and machine learning integrations to broaden overall security strategy with contextual analytics and deeper insights. With cutting-edge methodologies, security teams are able to receive suggestions on alerts, industry policies, malicious threats, etc., which help boost productivity and secure their environment. Machine learning-based security provides a zero-trust architecture that utilizes efficient multi-factor authorization and other authentication, encryption, analytics, and file-system-level rights to prevent the loss of critical data. Further, by enforcing dynamic access rules based on the user's devices, identity, and context, it is possible to ensure that only authorized applications and users can access the protection surface.
Most unified endpoint management providers are incorporating AI and ML into their product lines to enhance their value and differentiate their offerings. AI-based integrated endpoint management provides a widespread approach to device management that can improve security. By utilizing AI algorithms to automate many of the tasks associated with endpoint device management, organizations can reduce the risk of security violations. Further, by providing real-time insights into device health and usage patterns, AI-based unified endpoint management can help organizations prioritize issues and take action before they become significant issues. Also, various companies are integrating AI and ML with unified endpoint management, including Blackberry. Thus, the integration of artificial intelligence and machine learning with unified endpoint management solutions is likely to create new opportunities for the market growth during the forecast period.
Key segments that contributed to the derivation of the unified endpoint management market analysis are component, deployment, platform, organization size, end user, and geography.
The unified endpoint management market is segmented into five major regions: North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America. North America dominated the market in 2023, followed by Europe and APAC.
The North America unified endpoint management market is growing significantly owing to increasing investment by companies in advanced technologies to simplify their operations. Additionally, the presence of a large number of unified endpoint management vendors and their consistent efforts to provide security solutions while offering high-quality endpoint management capabilities fuels the market growth in North America. Moreover, the early availability and adoption of digital security tools across the region play a major role in boosting the adoption of unified endpoint management solutions.
The regional trends and factors influencing the Unified Endpoint Management Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Unified Endpoint Management Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 9.34 Billion |
Market Size by 2031 | US$ 84.91 Billion |
Global CAGR (2023 - 2031) | 31.8% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Component
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
The Unified Endpoint Management Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Unified Endpoint Management Market are:
Disclaimer: The companies listed above are not ranked in any particular order.
The unified endpoint management market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the unified endpoint management market are listed below:
(Source: HCL Software, Press Release, March 2024)
(Source: BlackBerry Limited, Press Release, October 2023)
The "Unified Endpoint Management Market Size and Forecast (2021–2031)" provides a detailed analysis of the market covering the areas mentioned below:
The List of Companies - Unified Endpoint Management Market
Asia Pacific is anticipated to grow at the fastest CAGR over the forecast period.
The solutions segment led the unified endpoint management market with the highest share in 2023.
The growing demand for high security and efficient management of endpoints and the rising trend of a mobile workforce drive the adoption of unified endpoint management solutions.
The key players holding majority shares in the unified endpoint management market include IBM Corporation, Microsoft, Broadcom, Citrix Systems, Inc. and Open Text Corporation.
The unified endpoint management market was estimated to be valued at US$ 9.34 billion in 2023 and is projected to reach US$ 84.91 billion by 2031; it is anticipated to grow at a CAGR of 31.8% over the forecast period.
The increase in adoption of cloud-based solutions across enterprises along with zero-touch deployment are likely to be the future trends of the unified endpoint management market.