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.
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Desktop Virtualization Market report published by Value Market Research, which studies the future outlook of the market.
It includes the size, share, growth, trends, key players, segments and regional analysis in detail during the study year 2020-2027.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the desktop virtualization market include Cisco Systems Inc., Citrix Systems Inc., Dell Technologies Inc., Ericom Software Inc, Hewlett Packard Enterprise Development LP, Huawei Technologies Co. Ltd., International Business Machines Corporation, Microsoft Corporation, NComputing Co. Ltd. (ZeroDesktop Inc.), Oracle Corporation, Parallels International (Corel Corporation) and others.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Desktop Virtualization Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/desktop-virtualization-market/download-sampleMarket DynamicsThe market is primarily driven by rising number of remote work initiatives by many organization across the world, on account of implemented to control the COVID-19.
In addition to this, owing to growing in the mobile workforce, many companies are using desktop virtualization technologies which enable easy access to office application and data from any location.
Apart from this, widely adoption of bring your own device and WaaS in organization across the world is also enhancing the market growth.The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis.
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