Market Overview:
The global Desktop Virtualization Market is estimated to be valued at USD 10.47 billion in 2021 and is expected to reach USD 10.47 billion by 2022 with a CAGR of 10.2% over the forecast period. Desktop virtualization refers to the creation of virtual desktops that are hosted on a remote server and accessed through a client device. This technology offers several advantages such as enhanced cybersecurity, increased flexibility, and reduced IT management costs. With the increasing need for remote work and the rising popularity of BYOD (Bring Your Own Device) policies, the demand for desktop virtualization solutions is expected to grow significantly in the coming years.
Market Key Trends:
One key trend in the Desktop Virtualization Market is the adoption of cloud-based desktop virtualization solutions. Cloud-based desktop virtualization allows organizations to access virtual desktops and applications from anywhere, at any time, using any device with an internet connection. This trend has gained traction due to the increasing demand for remote work and the need for scalable and flexible IT infrastructure solutions. Cloud-based desktop virtualization enables organizations to reduce hardware costs, improve remote access capabilities, and enhance data security. Major players in the market, such as Citrix Systems, Inc., Microsoft, and VMware, Inc., are offering cloud-based desktop virtualization solutions to cater to the growing market demand. The adoption of cloud-based desktop virtualization is expected to further drive the growth of the market in the forecast period.
Segment Analysis:
The desktop virtualization market can be segmented based on the type of virtualization, end-users, and region. In terms of type of virtualization, the market can be divided into hosted virtual desktop infrastructure (VDI), hosted shared desktops, and hosted virtual applications. Among these segments, hosted VDI dominates the market due to its flexibility, scalability, and enhanced security features. Hosted VDI allows users to access their personalized virtual desktops from any device, making it a preferred choice for businesses aiming to enhance productivity and employee mobility.
In terms of end-users, the market can be classified into large enterprises, SMEs (small and medium-sized enterprises), and government organizations. Large enterprises hold a significant market share, as they have a higher adoption rate and greater IT budgets compared to SMEs. Large enterprises typically prefer desktop virtualization solutions to minimize infrastructure costs, centralize management, and improve security and data protection.
Key Takeaways:
The global desktop virtualization market is expected to witness high growth, exhibiting a CAGR of 10.2% over the forecast period. This growth can be attributed to several factors, including the increasing trend of remote working and the rise in BYOD (bring your own device) policies in organizations. Desktop virtualization allows employees to access their work-related applications and data from any location and device, enabling greater flexibility and productivity. Furthermore, the need for data security, cost reduction, and simplified IT management are driving the adoption of desktop virtualization solutions.
From a regional perspective, North America is the fastest-growing and dominating region in the desktop virtualization market. This can be attributed to the presence of several key players in the region, such as Cisco Systems, Inc., Citrix Systems, Inc., and VMware, Inc. The region has a highly developed IT infrastructure, coupled with increasing digitalization and the rising trend of remote working.
Key players operating in the desktop virtualization market include Cisco Systems, Inc., Citrix Systems, Inc., Ericom Software, Inc., Evolve IP, Hewlett Packard Enterprise, Huawei Technologies Co., Ltd, Microsoft, Ncomputing, Oracle Corporation, Parallels International, Red Hat, and VMware, Inc. These key players are focusing on strategic partnerships, product innovation, and expanding their customer base to gain a competitive edge in the market.
Read More:
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.
According to a new market research report "Desktop Virtualization Market by Type (Virtual Desktop Infrastructure, Desktop-as-a-Service, Remote Desktop Services), Organization Size, Vertical (It & Telecom, BFSI, Education, Healthcare, Government) and Region - Global Forecast to 2022", published by MarketsandMarkets™, the Desktop virtualization market expected to grow from USD 7.83 Billion in 2017 to USD 13.45 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 11.4% from 2017 to 2022.The market is primarily driven by numerous benefits offered by desktop virtualization solutions such as centralization of IT functions and increasing the productivity of employees.Browse 61 Market Data Tables and 33 Figures spread through 135 Pages and in-depth TOC on "Desktop Virtualization Market"Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=137215705Based on type, the Desktop-as-a-Service (DaaS) segment of the desktop virtualization market is projected to witness the highest growth during the forecast period.Based on type, the desktop virtualization market has been segmented into Virtual Desktop Infrastructure (VDI), Desktop-as-a-Service (DaaS), and Remote Desktop Services (RDS).
Moreover, SMEs are deploying DaaS, as it offers VDI solutions at a comparatively lower cost and with less complexity.Based on vertical, the IT & telecom segment is estimated to account for largest share of the desktop virtualization market in 2017.Based on vertical, the desktop virtualization market has been segmented into IT & telecom, BFSI, education, healthcare, government, retail & supply chain management (SCM), media & entertainment, manufacturing & automotive, and others (oil, energy, utility, travel, etc.).
The IT & Telecom segment is expected to account for the largest share of the desktop virtualization market in 2017.
This can be attributed to the emergence of data centers that provide a fully virtualized software-defined data center architecture to this sector.
Moreover, organizations operating in the IT & telecom sector are significantly adopting desktop virtualization solutions to reduce excessive IT infrastructure cost and provide rapid deployment and innovative services.The Asia Pacific desktop virtualization market is expected to grow at the highest CAGR during the forecast period.The Asia Pacific (APAC) desktop virtualization market is projected to grow at the highest CAGR from 2017 to 2022.
The desktop virtualization market growth in this region is characterized by the rapid adoption of VDI in datacenters and BPOs.
