Virtual Desktop Market Size To Expand at a Notable CAGR Of 21.20% During 2024 - 2032

Pune, India, March, 2019/MRFR Press Release/- Market Research Future has published a half-cooked research report on the Global Virtual Desktop Market.

Virtual Desktop Market Analysis

The global virtual desktop market is touted to touch USD 51.71 billion at a notable 21.20% CAGR over the predicted years (2024-2032). A virtual desktop simply put is a computer which a person access as well as operates over the internet. This takes all that one gets while purchasing a normal computer- processing power, operating system and hardware and makes it accessible to them from anywhere through the cloud on almost every device. When configured properly through an expert, virtual desktops will be safer than utilizing traditional hardware. Its benefits include improved data integrity, effective use of resources, cost saving and the flexibility it offers users in managing and controlling desktop from a single centralized location.

There are many factors that is driving the growth of the virtual desktop market. Some of these factors as per the Market Research Future (MRFR) report include increasing use of BYOD, rising demand for workplace flexibility, rising use of cloud technology in various end-user segments, technological advancements taking place at a rapid pace such as VDI desktops having complete graphical unit support and improved storage technologies, increase in mobile workforce, proliferation of devices much beyond traditional PC, consumerization of IT and demand for smart and efficient tools. On the contrary, factors such as lack of education and training on virtual desktop infrastructure, high price, complication in software licensing as well as distribution, and weak connection may hamper the growth of the virtual desktop market.

Market Segmentation

Market Research Future report offers an all-inclusive segmental analysis of the virtual desktop market on the basis of product type, deployment and vertical.

Based on product type, it is segmented into DaaS Cloud-Based VD, Private Hosting Cloud-Based VDI, laaS Cloud-Based VD, and Cloud-Based SaaS. Of these, cloud-based Saas will have the largest share in the market owing to increasing adoption of virtual desktop in the telecom and IT industry followed by laaS cloud-based VD which is predicted to have a positive growth owing to rapid proliferation of cloud-based services and technology.

Based on deployment, the virtual desktop market is segmented into cloud-based VDI and on-premise VDI. Of these, cloud-based VDI will lead the market owing to high investment and development in the research and development sector and need for efficient work systems within the organization.

Based on vertical, it is segmented into media and entertainment, aerospace and defense, logistics, BFSI, manufacturing and IT and Telecom.

Based on region, the virtual desktop market covers growth opportunities and latest trends across Asia Pacific, North America, Europe and Rest of the World. Of these, North America will remain the leading region in the market owing to increasing speed of startups and large enterprise, increasing need for desktop virtualization and growing competitive pressure amid IT industries. Canada and the US are the largest contributors of virtual desktop market in this region. The virtual desktop market in the APAC region is projected to have the fastest growth. Japan, China and India are the leading countries that is propelling the growth of the market in this region. The rising trend of cloud technology in this region helps to drive the market growth.

Competitive Analysis

The global virtual desktop market is fragmented and highly competitive. For driving market growth and maintaining the position in the market, many domestic organizations, diversified and dynamic international organizations and new entrants form the competitive landscape. The market leaders are continuously innovating and seeking market expansion increasingly through different strategic acquisitions and mergers, affordable product portfolio, increasing investments in R&D and innovation. The key players are investing on the latest technologies and acquiring other firms.

Key Players

Leading players profiled in the virtual desktop market include Mokafive (U.S), Google, Inc. (U.S), IBM Corp. (U.S), NComputing Co.Ltd ( U.S) , HP , Inc.( U.S) ,  VMware,Inc. (U.S) , Red Hat Inc.(U.S),  Microsoft Corp. (U.S),  Dell, Inc. (U.S),  and Citrix Inc. (U.S).

Feb 2019- Google is planning to bring the much-requested Chrome OS feature in virtual desktops under the name “Virtual Desks” with an aim to improve workflow and multitasking.