Large Enterprises Segment to Dominate APAC Unified Endpoint Management Market during 2019–2027
According to The Insight Partners market research study on “APAC Unified Endpoint Management Market to 2027 – COVID-19 Impact and Regional Analysis and Forecast by Component, Platform, Organization Size, and End User,” is expected to reach US$ 5,792.5 million by 2027 from US$ 733.5 million in 2019. The market is estimated to grow at a CAGR of 28.1 % from 2020 to 2027. The report provides trends prevailing in the APAC unified endpoint management market along with the drivers and restraints pertaining to the market growth. Less awareness and presence of other solutions and hugh growth potential in small and medium-sized enterprises (SMEs) sector are the major factor driving the growth of the APAC unified endpoint management market. However, less awareness and presence of other solutions hinder the growth of APAC unified endpoint management market.
In case of COVID-19, APAC is highly affected specially the China and India. 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 APAC region makes it a promising market for the growth of unified endpoint management market. 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 APAC unified endpoint management market in the coming quarters.
The APAC market for unified endpoint management is segmented into component, platform, organization size, end user, and country. Based on component, the market is segmented into solutions and services. In 2019, the solutions segment held the largest share of the market. On the basis of platform, the market is divided into desktop and mobile. Mobile devices segment is expected to be the fastest growing segment over the forecast period. Based on organization size, the market is segmented into SMEs and large enterprises. The large enterprises segment contributed a substantial share in 2019, however, SMEs segment is projected to be the fastest growing sector. Based on end user, the market is segmented into BFSI, government and defense, healthcare, IT and telecom, automotive and transportation, retail, manufacturing, and other end users. In 2019, IT and telecom end user industry led the market, in terms of market revenue.
42Gears Mobility Systems Pvt Ltd.; BlackBerry Limited; Citrix Systems, Inc.; IBM Corporation; Ivanti; Matrix42 AG; Microsoft Corporation; MobileIron; VMware, Inc.; Zoho Corporation are among the leading companies in the APAC unified endpoint management market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2020, MobileIron entered into an agreement to be acquired by Ivanti, Inc. AS per the agreement, Ivanti will acquire all outstanding shares of MobileIron common stock for a total value of approximately $872 million in cash.
The report segments the APAC Unified Endpoint Management Market as follows:
APAC Unified Endpoint Management Market – By Component
- Solutions
- Services
APAC Unified Endpoint Management Market – By Platform
- Desktop
- Mobile
APAC Unified Endpoint Management Market – By Organization Size
- SMEs
- Large Enterprises
APAC Unified Endpoint Management Market – By End User
- BFSI
- Government and Defense
- Healthcare
- IT and Telecom
- Automotive and Transportation
- Retail
- Manufacturing
- Other End Users
APAC Unified Endpoint Management Market – By Country
- Australia
- China
- India
- Japan
- South Korea
- Rest of APAC