MarketsandMarkets forecasts the global End User Computing Market to grow from USD 6.11 billion in 2018 to USD 11.17 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 12.8% during the forecast period. The EUC market study by MarketsandMarkets presents information on various EUC approaches, trends, solutions, and services employed to enhance the productivity of employees. The major growth factors for the EUC market are the proliferation of the Bring Your Own Device (BYOD) trend, and organizations’ focus toward increased productivity.
The VDI segment is expected to grow at the highest CAGR during the forecast period
The Virtual Desktop Infrastructure (VDI) segment is expected to grow at the highest CAGR during the forecast period. VDI is a desktop virtualization approach that hosts desktop operating systems, system applications, and data on a centralized server in a data center. VDI separates end-users’ systems from physical infrastructures, and provides virtual access to systems, applications, and data using the client-server computing model. The strategic shift toward End User Computing (EUC) is due to the increasing adoption of desktop virtualization solutions, and the need of organizations to increase the productivity and efficiency of the employees by streamlining these technologies.
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Employees in organizations are using EUC platforms at an unprecedented rate. The proliferation of smartphones and the advent of the Bring Your Own Device (BYOD) trend have also contributed significantly to the use of EUC platforms in organizations. The traditional way of workplace operations has changed with the increasing digital transformation in organizations. Employees are now accessing the data and are working on applications from anywhere and using any device.
The services segment comprises consulting, support and maintenance, training and education, system integration, and managed services. The managed services segment is expected to grow at the highest CAGR during the forecast period. The growing demand for maintaining and updating EUC solutions periodically post-deployment has increased the demand for managed services.
Among industry verticals, the Banking, Financial Services, and Insurance (BFSI) industry vertical is estimated to account for the largest market share in 2018, and is expected to grow at the highest CAGR during the forecast period. The increasing demand for VDI solutions in the BFSI industry vertical (especially in the insurance industry) for simplifying the business functions of organizations, supported by the advent of enterprise mobility solutions and the need to streamline these technologies, is set to increase the demand for EUC solutions in this industry vertical.
The EUC market in Asia Pacific (APAC) is expected to grow at the highest CAGR during the forecast period. APAC is expected to grow at the highest CAGR during the forecast period, due to the greater adoption of VDI solutions as compared to technologically advanced nations, and due to the presence of a mobile workforce.
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The major vendors in the EUC market include IGEL (Europe), Genpact (US), Tech Mahindra (India), Mindtree (India), Nucleus Software (India), Patriot Technologies (US), NetApp (US), Connection (US), HCL Infosystems (India), Synapse360 (UK), Hitachi Systems Micro Clinic (India), IDS (US), CSS Corp (India), SITA (Switzerland), Infosys (India), Data Integrity (Canada), Fujitsu (Japan), Focus Technology Solutions (US), SMP-Corp (US), Emerio (Singapore), Fortem Information Technology (UK), Serole Technologies (Australia), The Ergonomic Group (US), Coreio (Canada), and Emtec (US). These players have adopted various growth strategies, such as partnerships, collaborations, agreements, mergers and acquisitions, and new product launches, to achieve further growth in the global EUC market.
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