Global Thin Client Market Growth Analysis 2024 – Forecast Market Size And Key Factors Driving Growth

A thin client refers to a virtual desktop computing approach that uses resources stored on a central server rather than the help of a device to operate. A thin client is employed to leverage shared services, virtual desktops, or browser-based computing and is used to execute programs where most processing is done on a remote server connected across a network.

Sizing and Forecast
The thin client market size has grown steadily in recent years. It will grow from $1.55 billion in 2023 to $1.6 billion in 2024 at a compound annual growth rate (CAGR) of 3.8%.  The  growth in the historic period can be attributed to cost reduction, energy efficiency, centralized manageability, infrastructure security, growing demand for low-cost devices.

The thin client market size is expected to see steady growth in the next few years. It will grow to $1.87 billion in 2028 at a compound annual growth rate (CAGR) of 3.9%.  The growth in the forecast period can be attributed to rising investments in data, increasing demand for cloud infrastructure, growing demand for virtual desktop, rising demand for enterprise computing, increasing demand for thin client solutions in asia pacific. Major trends in the forecast period include adoption of thin client in healthcare education and transportation sectors, increasing demand for mobile thin clients, growing market share in north america, rising demand for thin client in retail sector, increasing demand for thin client in industrial applications.

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Segmentation & Regional Insights
The thin client market covered in this report is segmented –
1) By Type: Hardware, Software, Desktop-Based, Services, Other Types
2) By Form Factor: Standalone, With Monitor, Mobile
3) By End-Use: BFSI, IT And Telecom, Healthcare, Government, Education, Industrial, Retail, Other End Uses

North America was the largest region in the thin client market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the thin client market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East,  Africa.

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Major Driver Impacting Market Growth
The growing adoption of cloud computing is expected to propel the growth of the thin client market going forward. Cloud computing is the term used to describe the delivery of computing services over the Internet, such as servers, storage, databases, networking, software, analytics, and intelligence. A thin client is used to connect to a server-based environment in the cloud, which provides a cloud computing setup with additional security and control. For instance, in December 2021, according to Eurostat, a Luxembourg-based intergovernmental organization, 41% of EU enterprises used cloud computing in 2021, up from 36% in 2020, primarily for hosting their e-mail systems and storing files in electronic form, an increase of 5% compared to 2020. Further, in 2021, 72% of major EU organizations reported using cloud computing, which is a relatively high percentage. Therefore, the growing adoption of cloud computing is driving the growth of the thin client market.

Key Industry Players
Major companies operating in the thin client market report are LG Electronics Inc., Samsung Group, Dell Technologies, Intel Corporation, HP Inc., Lenovo Group Limited, Cisco Systems Inc., Fujitsu Ltd, NEC Corporation, Acer Inc., Arista Networks Inc., Advantech Co. Ltd., Siemens Ltd., ViewSonic, IGEL Technology GmbH, Clearcube Technology, Teradici Corporation, 10ZiG Technology, NComputing, Atrust, Thinvent, Atrust Computer Corp., Stratodesk Corp, VXL Technology, Praim

The thin client market report table of contents includes:
1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
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27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
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