Cloud-Based Solutions is Fastest Growing Segment Fueling Growth of the Global Desktop Virtualization Market
Desktop virtualization allows an organization to host desktop operating systems and applications in a centralized data center instead of individual desktop computers. It helps in resource optimization, increased security, reduced IT support costs and easy access to business data from remote locations.
The
global Desktop Virtualization Market is estimated to be valued at US$ 12.3 Bn in
2023 and is expected to exhibit a CAGR
of 10% over the forecast period 2023 to 2030, as highlighted in a new
report published by Coherent Market Insights.
Market Overview:
Desktop
virtualization involves separating the physical desktop environment from the
computing hardware to allow employees to securely access virtual desktops from
any device or location with an internet connection. It helps organizations to
simplify desktop management, enhance mobility and enable BYOD policies for
remote working.
Market key trends:
One
of the key trends in the Global
Desktop Virtualization Market Size is the growing adoption of
cloud-based VDI solutions. Cloud VDI offers desktop services on demand and
frees companies from the upfront capital costs, maintenance and operations of
on-premises hardware. It provides instant scalability, backup and disaster
recovery along with remote access to virtual desktops from any device location.
This has increased the preference for cloud VDI solutions among small and
medium enterprises with limited IT budgets.
Segment Analysis
The
desktop virtualization market is segmented based on organization size, delivery
model, and vertical. The organization size segment is further divided into
large enterprises and SMEs. Large enterprises held a higher share of the market
in 2023 due to their increased budgets for advanced IT solutions. SMEs are
expected to witness higher growth over the forecast period as desktop
virtualization solutions help reduce infrastructure costs and provide
flexibility.
Based on delivery model, the desktop virtualization market is segmented into
VDI, DaaS, and RDP. The VDI segment dominated the market in 2023 due to its
benefits such as centralized management and enhanced security. DaaS is
predicted to witness the highest growth, expanding at a CAGR of 12% during the
forecast period. This is attributed to benefits such as zero upfront
infrastructure costs and simplified deployment and maintenance with a
pay-per-use pricing model.
Key Takeaways
The
global desktop virtualization market is expected to witness high growth,
exhibiting a CAGR of 10.% over the forecast period, due to increasing adoption
of digital workplace solutions by businesses. This is driven by benefits such
as enhanced security, simplified management, and remote workspace flexibility.
Regional analysis - North America dominated the market in 2023 with a share of
over 35%, primarily owing to strong economies and early adoption of advanced
technologies by enterprises in the US and Canada. Asia Pacific is expected to
witness the fastest growth, expanding at a CAGR of 12.5% during the forecast
period, owing to rapid digitalization and economic development in major
countries such as China and India.
Key players - Key players operating in the desktop virtualization market are
Citrix systems (US), VMware (US), Microsoft (US), Cisco Systems (US), Oracle
(US), IBM (US), Huawei (China), Kyndryl Holdings (US). These players are
focused on increasing investments in R&D activities and new product
launches to strengthen their market position. For instance, in March 2022,
Citrix partnered with VMware to integrate virtual apps and desktop services on
VMware Cloud.
For More Insights, Read- https://www.newsstatix.com/desktop-virtualization-market-size-share-analysis-2023-2030/
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