Report ID: SQMIG45A2127
Report ID:
SQMIG45A2127 |
Region:
Global |
Published Date: August, 2024
Pages:
197
|
Tables:
61 |
Figures:
75
In 2023, North America accounted for the largest revenue share of 40.6% and dominated the market. Moreover, it is anticipated that during the projection period, the region will dominate the market. A significant factor driving the regional market is the increasing investment undertaken by companies in advanced technology to make their operations streamlined. Besides, the regional market is stimulated by the extensive UEM manufacturers and consistent efforts aimed at offering solutions with comprehensive security capabilities supplemented by end-point management strengths. This factor has resulted in most North American users seeking to begin early with technology integration. Further, the high number of financial markets and IT companies around the world, along with their wide range of business operations, require efficient endpoint device management, which has driven market growth in this segment.
Contrarily, Asia-Pacific is expected to grow at the fastest CAGR of 24.4% during the forecast period owing to the high proliferation of endpoint devices in this region. It is expected that Asia Pacific's emerging economies have a large working population. Endpoint device usage is expected to surge in this region, and it will support the expansion of the unified endpoint management market. One of the primary growth factors for regional markets is increasing business and IoT application-related usage of mobile devices. The growth of cloud-based solutions and BYOD rules is another factor driving regional market growth. In addition, the market is expected to grow further through the upgrading of data centers and the trend toward digital workplaces throughout the projection period.
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Report ID: SQMIG45A2127