Desktop Virtualization Market to be Valued at $20.1 Billion by 2027
ChicagoAnd 25 May 2022 /PRNewswire/ – According to a research report “desktop virtualization Market By type (Virtual Desktop Infrastructure, Desktop as a Service, Remote Desktop Services), Enterprise Size, Vertical (Telecom, IT, ITeS, BFSI, Education, Healthcare and Life Sciences) and Region – Global Outlook to 2027″Published by MarketsandMarkets™, the global desktop virtualization market is expected to grow in size 12.3 billion US dollars In 2022 to 20.1 billion US dollars By 2027, a compound annual growth rate (CAGR) of 10.3% over the forecast period. Desktop virtualization solutions provide a stable and secure way for employees to work anywhere, thus reducing the number of expensive computers and devices on the premises, thus lowering the cost of hardware maintenance.
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The BFSI segment is expected to lead the desktop virtualization market in 2022.
Desktop virtualization solutions help banks achieve their business goals of growth and sustainability by transforming the traditional PC system into a virtualized environment. Today, banks are taking advantage of digitization to make the workplace more flexible. Banks and financial institutions have adopted BYOD services to provide flexibility, in terms of working hours, for employees. These services allow them to access information at work, at home, or while traveling. Desktop virtualization helps tighten security and effectively follow compliance procedures even as banks consider expansion across geographies, including remote and rural areas.
Desktop-As-A-Service is expected to grow at the fastest rate during the forecast period.
DaaS is a highly secure and cloud-based virtual desktop approach that allows multiple users to access a single instance of a software application. It allows users to work from anywhere using their own devices, including small client machines, desktop computers, laptops, tablets, and phones with high network bandwidth. The major players offering DaaS in the desktop virtualization market are VMware (US), Cisco Systems (US), and Citrix Systems (US).
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Asia Pacific It will likely emerge as the fastest growing segment during the forecast period.
The growth of the desktop virtualization market in Asia Pacific Largely driven by the rapid digitization of enterprises across the region. According to Computer Weekly/TechTarget’s 2019 IT Priorities Survey, 42% of nearly 1,000 IT decision-makers in Asia Pacific They revealed that they are looking to upgrade their IT infrastructure to support digital transformation initiatives, while 35% expect to harness technologies that improve employee experience and productivity. This indicates that software spending is also expected to grow to keep pace with the increasing demands regarding access to online services from enterprises. Thus, this rapid investment in technologies and online service delivery is expected to lead to the growth of the desktop virtualization market in Asia Pacific.
Major Vendors Covered in Desktop Virtualization Market Systems include Citrix (US), VMware (US), Microsoft (US), Cisco Systems (US), Oracle (US), IBM (US), Huawei (China)Kyndryl Holdings (US), DXC Technology (US), NTT DATA (Japanand Amazon Web ServicesAWS) (United States), Softchoice (Canada), Nutanix (US), Pure Storage (US), NetApp (California), Evante (US), Nasstar (UK), Datacom (UK)New Zealand), NComputing (US), Evolve IP (US), Ericom Software (US), Parallels International (US), V2 Cloud (Canada), November (Virginia), Itopia (US), ClearCube (US), Hewlett Packard Enterprise (US), Adar (US), Systancia (France) and HiveIO (USA).
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