- Virtual Desktop Infrastructure (VDI)
- Desktop-as-a-Service (DaaS)
- Remote Desktop Services (RDS)
Desktop Virtualization Market size was valued at USD 7,595.4 million in 2022 and is anticipated to grow at a CAGR of 11.9 % over 2023-2029. There are various factors which fuel the growth; reduction of operational costs, increased user satisfaction, rising investments in cloud-based technologies and increasing adoption of connected devices act as drivers of the desktop virtualization market. Restraining factors which hung the growth of the market include system complexity and compatibility issues, and bottleneck issues related to botting, login, antivirus, and user workload actions of the VDI. Rising trend of digitization worldwide open up intense of opportunity towards the global market. Hence significant growth can be observed in global market over the forecast period. The market for desktop virtualization is growing due to the increasing usage of information, communication, and technology (ICT) and cloud-computing solutions across various end-user industries such as healthcare, BFSI, IT, and telecom, among others. To achieve a competitive edge and maximise profits, these industries are increasingly turning to desktop virtualization solutions to cut operational costs, effectively manage resources, and secure the essential data generated. The rapid rise of the Bring Your Own Device (BYOD) sector is also having an impact on the desktop virtualization business.
Fastest Growing Market
It is noticed that the global desktop virtualization market is influenced mainly by increasing demand for desktop virtualization in various healthcare sectors and healthcare industry. Past few years has paved the way for digital transformations and observed as a trend in IT services within healthcare. Bring Your Own Devices (BYOD) in many offices and necessity for data security and availability with additional increasing digitization processes, increasing competition in the IT space resulting in an emphasis on cost cuts, and increasing mobile workforce helped global desktop visualization market to capture the growth as easy management process. Issues such as boot storm, login storm, anti-virus scanning storm are certain factors which hamper the growth scenario.
The desktop virtualization market size was valued at USD 7,595.4 million in 2022
Increasing Demand for Bring Your Own Device
Europe is the fastest-growing for desktop virtualization market