Virtual Desktop Market – Overview
The global virtual desktop market is growing at a tremendous rate at present. The major factor propelling the growth of this market is the widespread adoption of cloud services. Enterprise owners have realized the efficiency of this technology and are making significant investments in the same. According to the research report by MRFR (Market Research Future), this market will tread forward at a phenomenal rate during the forecast period of 2017-2022.
Virtual desktop is a word that is utilized for the interfaces for users. It is a desktop that comprises a virtualized environment. It is the latest addition to the computer technology sector and is being well-received by the recipients. One of the major benefits that it has over conventional monitors is that it encompasses a lot more than its physical counterpart as it operates on a virtual desktop software.
At present, organizations all across the globe are open to adapting themselves to new and proficient technologies. And due to this fact, it can be confidently asserted that the worldwide virtual desktop market will witness tremendous expansion in the upcoming years. Figuratively, the market is anticipated to generate a revenue of around USD 5 billion by the end of projection period. The CAGR for this term is estimated to be around 9%.
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Consumerization of the IT industry happens to be a crucial growth promoter for this market. There are many perks of using these smart devices like money saving, conservation of resources & energy and enhanced data integrity. Such benefits further drive the expansion of the market.
Additional factors that positively influence the market’s progression are acceptance of devices other than the age-old desktop PC, production of better & improved VDIs and emergence of a mobile workforce.
Market Segmentation
The worldwide virtual desktop market has been segmented into three distinct parts. All of these three divisions have a sub-segment each and they are mentioned below:
By deployment – Cloud-based virtual desktop infrastructure and on-premise virtual desktop infrastructure. Out of the two, cloud-based virtual desktop infrastructure accounts for the larger share of the market and is estimated to grow profoundly at an impressive CAGR over the forecast period.
By Verticals – Government, IT & telecommunication, transportation, BFSI, aerospace & defense, media & entertainment and healthcare.
By Product Type – Private hosting cloud-based virtual desktop infrastructure, cloud based software-as-a-service, desktop-as-a-service cloud-based virtual desktop, infrastructure-as-a-service cloud based VD and private hosting cloud-based virtual desktop infrastructure.
Comprehensive Geographical Analysis
The Virtual Desktop Market has effectively established its presence all across the world map. Some of the major areas where its prominence is predominantly felt are North America, Europe, Asia Pacific and Rest of the World.
The research report by MRFR (Market Research Future), suggests that North America dominates the market and holds the largest number of shares. It owes its progress to the emergence of countless startups and giant enterprises in that area. Asia Pacific is not far behind and is anticipated to match up with North America in the forthcoming years.
Industry News
April 10, 2018 – A recent positive update for the market has come from Tokyo. Two industry giants NTT DATA and Splashtop Business Access announced a collaboration. NTT DATA is launching a new service “Virtual Desktop for smart devices” and it has chosen Splashtop Business Access as a partner for this venture. The market has high expectations from this collaboration.
Market Players & Key Strategies
Some of the most notable players in this market can be listed as IBM Corp, Mokafive, Citrix Inc., VMware.Inc, and NComputing Co.Ltd.
All these players are always on the lookout to enhance their products and services. To stay ahead in this competitive field, they adopt various growth strategies like acquisitions, strategic alliances and business expansion.
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