The most recent study conducted by Report Ocean, titled “Global Unified Endpoint Management Market Size, Share, Pricing, Trends, Growth, Report and Forecast 2023-2030,” presents a comprehensive analysis of the worldwide market. This research delves into the factors driving the market, emerging trends, opportunities for development, as well as potential limitations that may affect the Unified Endpoint Management. The report provides an estimation of the global market size and examines recent strategic actions taken by prominent international competitors.
The Unified Endpoint Management can be defined as software-based solutions utilized for secure and efficient management and monitoring of all the endpoints such as laptops, smartphones, tablets, and personal computers etc. in an enterprise from a single console. Unified Endpoint Management solutions provide seamless remote access for the remote workforce and facilitates to increase data security, business efficiency and employee productivity. The growing adoption of cloud-based solutions and increasing usage of personalized devices among the workforce as well as recent product launches from leading market players are factors that are accelerating the global market demand.
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For instance, according to Statista – as of 2020, globally around USD 749 billion were spent on the Internet of Things (IoT) technology and the IoT spending is projected to grow to USD 1.1 trillion by 2023. Furthermore, leading market players are coming up with innovative solutions to leverage the growing adoption of Unified Endpoint Management solutions. For instance, in May 2022, Syxsense, a global leader in IT and security management solutions, launched Syxsense Enterprise. This new solution is said to be the world’s first IT management and endpoint security solution.
Syxsense Enterprise combines Syxsense Secure, Manage, and Mobile Device Manager and scans as well as manages all endpoints, resolves problems in real-time, and reduces the risks associated with system misconfigurations. Also, growing emergence of BYOD (Bring your own device) trend coupled with increasing Unified Endpoint Management applications across network segments are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, a rising concern associated with cyber threats and high deployment cost impede the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Unified Endpoint Management market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing penetration of remote work culture and rising digitization across different end use industries in the region. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as the thriving growth of IT sector and increasing inclination towards remote work culture in the region, would create lucrative growth prospects for the Unified Endpoint Management market across the Asia Pacific region.
Major market players included in this report are:
42Gears Mobility Systems Pvt Ltd.
BlackBerry Limited
Citrix Systems, Inc.
IBM
Matrix42 AG
Microsoft
MOBILEIRON, INC.
Sophos Ltd.
SOTI Inc.
Zoho Corp
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Component
Solutions
Services
By Organization Size
SMEs
Large Enterprises
By End Use Industry
BFSI
Telecom & IT
Retail
Government/Defense
Healthcare
Manufacturing
Media & Entertainment
By Region:
North America
U.S.
Canada
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Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Russia-Ukraine War on Market
The market is anticipated to suffer because of the Russia-Ukraine War. The demand for the market has decreased as a result of the political unrest and economic unrest in the area. The war had a detrimental impact on global economic activity, adding to inflationary pressures globally and hindering the post-pandemic recovery, even if it was not the primary cause of the slower-than-anticipated economic growth in 2022 and revised estimates for 2023.
The Five Forces analysis examines the following factors:
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
The PESTLE analysis takes into account the following dimensions:
- Political factors: This includes political policies, stability, and factors related to trade, fiscal policies, and taxation policies.
- Economic factors: This involves analyzing interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates.
- Social factors: These encompass changing family demographics, education levels, cultural trends, shifts in attitudes, and changes in lifestyles.
- Technological factors: This examines changes in digital or mobile technology, automation, and research and development in the relevant industry.
- Legal factors: This entails analyzing employment legislation, consumer law, health and safety regulations, as well as international trade regulations and restrictions.
- Environmental factors: This dimension considers aspects such as climate change, recycling procedures, carbon footprint, waste disposal, and sustainability practices.
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