Global Unified Endpoint Management Market is predicted to reach USD 23.6 Billion by 2033

From GlobeNewswire: 2024-07-18 12:30:00

Custom Market Insights has released a report on the Unified Endpoint Management Market, predicting its growth from USD 5.1 Billion in 2023 to an estimated USD 5.5 Billion in 2024, and reaching USD 23.6 Billion by 2033, with a CAGR of 22.7%. UEM involves managing and securing all endpoint devices within an organization’s network, including smartphones, tablets, and IoT devices. An emerging trend in UEM is the integration of security features alongside traditional management functionalities. Cloud-based UEM solutions are also gaining popularity due to their scalability and cost-effectiveness. The solution segment held the highest market share in 2023, with a focus on integrating AI and machine learning algorithms for automation and predictive analytics. SMEs hold a significant market share and are increasingly adopting cloud-based solutions to enhance scalability and flexibility. The Telecom & IT sector holds the highest market share among end users, driven by the expansion of 5G networks and increased adoption of cloud-based services. In North America, there is a growing trend towards renewable energy sources, such as solar and wind power. IBM is a key player in the UEM market, focusing on analytics, AI, cloud computing, and cybersecurity. North America dominates the UEM market, with organizations prioritizing security and compliance and investing in comprehensive UEM solutions for their endpoint environments. The region’s large enterprises seek efficient ways to manage their distributed workforce, driving the demand for centralized UEM solutions. Cloud computing and remote work trends further fuel the need for UEM solutions in North America.



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