Thursday, November 19th, 2020 - The Insight Partners

According to our latest market study on “Unified Endpoint Management Market Forecast to 2027 – COVID-19 Impact and Global Analysis – by Component (Solutions and Services), Platform (Desktop and Mobile), Organization Size (SMEs and Large Enterprises), and End-User (BFSI, Government and Defense, Healthcare, IT and Telecom, Automotive and Transportation, Retail, Manufacturing, and Other End Users),” the market was valued at US$ 3,005.0 million in 2019 and is projected to reach US$ 20,048.0 million by 2027; it is expected to grow at a CAGR of 25.5% from 2020 to 2027.The report highlights key factors driving the market growth, and prominent players with their developments in the market.

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Impact of COVID–19 Pandemic on APAC Unified Endpoint Management Market

The APAC region is characterized by the presence of many developing countries with growing industrial sector and rising population. The growing urbanization, industrialization level, and presence of huge number of large, small & medium enterprises in the Asia Pacific region makes it a promising market for the growth of unified endpoint management market. Moreover, APAC is also a global industrial hub with presence of key industries such as IT & telecom, BFSI, healthcare, consumer electronics, semiconductor, and automotive in countries such as China, India, Japan, and South Korea. For instance, China is the global manufacturing hub for various industries and fortune 500 companies. It was also one of the worst affected COVID-19 countries during the first quarter of 2020. The lockdown of various plants and factories in China had affected the global supply chains and negatively impacted manufacturing, delivery schedules, and sales of various products and services. In addition to this, the uncertainty regarding the future outbreak especially in countries such as India and few other Asian countries, where the graph is going upwards may affect the growth of various industries especially IT and telecom which is prominent in these countries. To mitigate the negative impact and continue operations, companies need to invest in remote working solutions and advanced endpoint management solutions such as unified endpoint management. The huge presence of companies in this region is anticipated to provide huge growth opportunities for market players operating in global unified endpoint management market in the coming quarters.

APAC is expected to emerge as the fastest-growing region during the forecast period. Increasing adoption of mobile devices and IoT applications across enterprises is one of the major factors driving the growth of the market in the region. Further, rising BYOD policies and cloud-based solutions is another factor bolstering the regional market growth. Additionally, the increasing trend of digital workplace and modernization in data centers are anticipated to boost market growth over the forecast period. The COVID-19 outbreak is expected to further drive the adoption of UEM solutions among enterprises owing to the implementation of work from home approach and growing demand to securely and efficiently manage the rising number of endpoints at workplaces. Also, the unified endpoint management market in APAC would continue to grow at a high CAGR during the forecast period.

Strategic Insights

The unified endpoint management market players are mainly focusing on the development of advanced and efficient products.

  • In 2020, BlackBerry Limited launched its Spark platform with a new unified endpoint security layer; the platform is capable of working with blackberry UEM and other unified endpoint management solutions to achieve zero trust security.
  • In 2020, Citrix released patches for 5 vulnerabilities that affect multiple versions of Citrix Endpoint Management on-premise instances, also known as XenMobile Server.

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Keywords

Unified Endpoint Management Market Forecast to 2027 - Covid-19 Impact and Global Analysis - by Component (Solutions, Services); Organizational Size (SMEs, Large Enterprise); End-use Vertical (BFSI, IT and Telecom, Government and Defense, Healthcare, Autom

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