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Investment of $ 3.73 Billion expected in Unified Endpoint Management industry by 2020



2024-03-29 05:02:29 Business

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The report "Unified Endpoint Management Market by Deployment Mode (Cloud, On-Premise, Hybrid), Vertical, Region - Global Forecast to 2020", The unified endpoint management market is expected to grow to USD 3.73 Billion by 2020, at a CAGR of 42.9% during the forecast period.
Browse 89 market data Tables and 56 Figures spread through 148 Pages and in-depth TOC on "Unified Endpoint Management Market by Deployment Mode (Cloud, On-Premise, Hybrid), Vertical, Region - Global Forecast to 2020"
http://www.marketsandmarkets.com/Market-Reports/unified-endpoint-management-market-96801066.html
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Unified endpoint management (UEM) solutions were developed to provide one point access to all endpoints and at the same time to provide business-centric approach to EMM solutions. The increasing need to manage rapidly growing numbers of traditional and non-traditional mobile devices drives the UEM market growth. Numerous opportunities lie in deploying UEM solutions that support for wide range of endpoints and offer smart endpoint security & compliance.
Increasing need to manage rapidly growing numbers of traditional and non-traditional mobile devices drives the UEM market growth
The rapid adaption of mobile devices across organizations has significantly increased the need to deploy unified endpoint management solutions. Extending the capability of existing endpoint management solutions to adapt new platforms and operating systems of popular mobile devices from Apple, Microsoft, and Google is of paramount importance. Organizations can effectively utilize their pool of resources with shared use of hardware under secure policy infrastructure utilizing unified endpoint management solutions. Organizations are adopting UEM solutions to gain competitive advantage and to distinguish themselves from their competitors by leveraging their resources with integrated and holistic business-centric approach.
Cloud deployment mode dominates global unified endpoint management market over the forecast period
The cloud deployment mode is expected to dominate the unified endpoint management market during the forecast period. At present, cloud-based deployment segment holds the highest share in the overall market. Most of the customers are shifting towards cloud-based deployment mode as compared to on-premise mode. The reason for the high adoption of cloud among UEM vendors is the easy access and faster deployment. The cloud-based deployment offers low upfront investment and pay-as-you-go benefits to its customers. Enterprises are focusing more on cloud-based deployment and cloud has increasingly become one of the key focus areas of enterprise mobility strategy.
North America has emerged as the leading region in terms of deployment and implementation of unified endpoint management solutions
North America region has been an extremely amenable market towards the adoption of UEM solutions. The extensive adoption of BYOD to leverage businesses, along with the indispensable need to safeguard the predominant content residing within the organizations and traveling over the networks, has driven the UEM adoption in this region. On the other hand, Middle East & Africa and Latin America regions are showing comparatively slow adoption of these solutions. At present, Europe has the second-highest share in the overall market and Asia-Pacific is expected to reflect the highest growth rate over the forecast period. BFSI segment holds the largest market share owing to the growing trend of BYOD in BFSI for leveraging mobility, which in turn boosts the adoption of UEM solutions.
The major players in the unified endpoint management market covered in the report include IBM, VMware, Inc. (Airwatch), Microsoft Corporation, CA Technologies, Symantec Corporation, LANDESK, Unisys corp., SOTI, Dell Inc., and Intel Security. Other players in the market are EarthLink, Heat Software, Matrix42, Accelerite, Sophos Ltd, MobileIron, and Good Technology.
The report provides market trends, overall adoption scenarios, and competitive landscape as well as key drivers, restraints, and opportunities in this market. It aims to estimate the current size and future growth potential of this market across different deployment modes, verticals, and regions. The scope of the report also covers analysis of strategies such as new product launches, mergers & acquisitions, partnerships, agreements, and collaborations of key vendors in the unified endpoint management market.
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