Report : Europe Unified Endpoint Management Market Forecast to 2027 - COVID-19 Impact and Regional 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)
Desktop Segment to Dominate Europe Unified Endpoint Management Market during 2019–2027
According to The Insight Partners market research study on “Europe 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$ 5,036.6 million by 2027 from US$ 801.6 million in 2019. The market is estimated to grow at a CAGR of 24.6 % from 2020 to 2027. The report provides trends prevailing in the Europe unified endpoint management market along with the drivers and restraints pertaining to the market growth. Major growth in number of endpoints across organizations and increasing demand for single endpoint management solution for diverse applications are the major factor driving the growth of the Europe unified endpoint management market. However, scarcity of awareness and availability of other solutions hinder the growth of Europe unified endpoint management market.
In case of COVID-19, Europe is highly affected specially the UK. Europe is a major industrial hub for several industrial sectors. Due to COVID-19 outbreak, the governments in various European countries have imposed complete lockdown in various areas for multiple weeks, which affected the business activities in these countries. Businesses in many European countries either had to suspend their operations or reduce their activities in a substantial manner which affected the revenues of companies operating in various industries. The economic activity slump is anticipated to continue at least for the year 2020 and with uncertainty around the future of outbreak, the revenues of businesses may see an impact in 2021 also. Hence, the need for efficient remote working solutions to stabilize the growth of various business in these uncertain situations is growing at a fast pace across countries such as the UK, Germany, France, and others. These countries are characterized by the presence of various Fortune 500 companies and these companies are expected to boost the demand of unified endpoint management in Europe region.
The Europe 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, BFSI 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 Europe 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, 42Gears partnered with POSIFLEX Technology India Pvt. Ltd to enable remote management of POSIFLEX PoS devices and peripherals. AS per the partnership, PTIPL would use SureMDM to provide PoS and peripheral management capabilities to its customers.
The report segments the Europe Unified Endpoint Management Market as follows:
Europe Unified Endpoint Management Market – By Component
Europe Unified Endpoint Management Market – By Platform
Europe Unified Endpoint Management Market – By Organization Size
Europe Unified Endpoint Management Market – By End User
Europe Unified Endpoint Management Market – By Country