The unified endpoint management (UEM) market is estimated to be USD 1.40 billion in 2017 and is projected to reach USD 7.06 billion by 2022, at a CAGR of 38.2 percent over the next 5 years. This growth can be attributed to the need to ensure data security in enterprises. However, high cost of deploying UEM solutions is acting as a restraint to the growth of the UEM market.
Based on type, the solutions segment is estimated to lead the UEM market in 2018. The management of several traditional and nontraditional endpoints becomes a critical challenge for enterprises. Thus, enterprises are engaged in the adoption of UEM solutions to enhance performance, adhere to compliance requirements, and reduce security risks and costs. The rising trend of BYOD is one of the most significant factors projected to drive the growth of the UEM market in the Asia-Pacific region.