The Desktop Virtualization Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Desktop Virtualization Global Market Report 2024, The desktop virtualization market size has grown rapidly in recent years. It will grow from $13.19 billion in 2023 to $14.79 billion in 2024 at a compound annual growth rate (CAGR) of 12.1%. The growth in the historic period can be attributed to early adoption for cost savings, enterprise mobility initiatives, business continuity planning, cloud computing integration..
The desktop virtualization market size is expected to see rapid growth in the next few years. It will grow to $23.42 billion in 2028 at a compound annual growth rate (CAGR) of 12.2%. The growth in the forecast period can be attributed to hybrid work environments, edge computing and iot expansion, sustainability and green it, enhanced user experience, legacy application modernization. Major trends in the forecast period include byod (bring your own device) trend, cost efficiency and resource optimization, security concerns and data protection, market competition and innovation.
The rapid shift to hybrid work models is expected to propel the growth of the desktop virtualization market. Hybrid work models effectively enable organizations to define a more flexible, digital, and rewarding future of work for their employees. This improves work-life balance, increases the ability to focus with fewer distractions, more time for family and friends, reduced commuting time and costs, IT up skilling, and higher motivation levels. Desktop virtualization is based on a client-server model in which the organization runs its operating system and applications on a server in the cloud or a data center, separating them from the desktop environment to boost performance, enhance IT governance, and enable elasticity. For instance, in May 2022, according to data from the Opinions and Lifestyle Survey (OPN), the percentage of workers who work hybrid had increased from 13% in early February 2022 to 24% in May 2022. Therefore, the rapid shift to a hybrid work model will drive the desktop virtualization market going forward.
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The desktop virtualization market covered in this report is segmented –
1) By Component: Software Solutions, Services
2) By Type: Virtual Desktop Infrastructure (VDI) , Desktop-As-A-Service (DaaS) , Remote Desktop Services (RDS)
3) By Pricing Model: Subscription, Pay-As-You-Go
4) By Organization Size: Small And Medium Sized Enterprises, Large Enterprises
5) By Verticals: Banking, Finance Services, And Insurance (BFSI) , Education, Healthcare And Life Sciences, Information Technology And Information Technology Enabled Services, Government And Defense, Telecom, Retail, Automotive, Transportation And Logistics, Media And Entertainment, Manufacturing, Other Verticals
Technological advancements are a key trend in the desktop virtualization market. Major companies operating in the desktop virtualization market are optimizing their solutions to strengthen their market position. For instance, in April 2022, TD Synnex, a US-based information technology services company, launched the new Azure Virtual Desktop Click-to-Run solution, which is intended to provide remote end users with a secure, simplified, and productive personal computing experience. The addition of new controlled features to Azure’s Virtual Desktop shortens setup time. It enables simple services that allow customers to access their work infrastructure and applications anywhere in the world.
The desktop virtualization market report table of contents includes:
1. Executive Summary
2. Desktop Virtualization Market Characteristics
3. Desktop Virtualization Market Trends And Strategies
4. Desktop Virtualization Market – Macro Economic Scenario
5. Global Desktop Virtualization Market Size and Growth
…..
31. Global Desktop Virtualization Market Competitive Benchmarking
32. Global Desktop Virtualization Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Desktop Virtualization Market
34. Desktop Virtualization Market Future Outlook and Potential Analysis
35. Appendix
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