Client Computing Market Overview
Client Computing Market Size was valued at USD 383.8 Billion in 2022. The Client Computing Market industry is projected to grow from USD 401.07 Billion in 2023 to USD 570.36 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 4.50% during the forecast period (2023 - 2032). Increasing demand for remote work solutions and advancements in technology are the key market drivers fueling the market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Client Computing Market Trends
Increasing shift towards remote work is driving the market growth
Market CAGR for Client Computing Market is being driven by the paradigm shift towards remote work. The workforce has experienced a substantial increase in remote and flexible work arrangements, a trend accelerated by the COVID-19 pandemic. As organizations adapt to this new normal, there is a growing demand for reliable, secure, and efficient client computing solutions that enable seamless collaboration and productivity from anywhere. The surge in remote work has led to an increased reliance on devices that offer robust connectivity, video conferencing capabilities, and remote access to data and applications. Laptops, in particular, have become essential tools for remote workers, allowing them to maintain productivity and communication. As businesses continue to prioritize flexibility and agility in their operations, the demand for client computing devices tailored to remote work environments is expected to remain strong.
Technological advancements play a pivotal role in shaping the client computing market. The continuous evolution of hardware and software capabilities has led to the development of more powerful, energy-efficient, and feature-rich computing devices. One notable trend is the rise of edge computing, where data processing occurs closer to the source of data generation, reducing latency and enhancing real-time capabilities. High-performance computing (HPC) is another significant technological driver influencing the client computing market. With the increasing need for complex calculations and data-intensive applications in various industries such as finance, healthcare, and scientific research, there is a growing demand for computing devices that can handle these workloads efficiently. Graphics processing units (GPUs) and specialized processors are being integrated into client computing devices to meet the requirements of emerging applications like artificial intelligence, machine learning, and data analytics.
Additionally, the escalating concerns around cybersecurity and data privacy are compelling organizations and individuals to prioritize secure client computing solutions. As the volume of sensitive data processed on client devices continues to grow, there is an increased risk of cyber threats and unauthorized access. Consequently, businesses are seeking devices with robust security features, including biometric authentication, hardware-based encryption, and secure boot processes.
According to a survey by Gartner found that 82% of company leaders plan to permit remote working some of the time as employees return to the workplace. These statistics underscore the sustained demand for client computing devices that support remote work. As a result, it is anticipated that throughout the projection period, demand for Client Computing Market will increase due to the rising preference for remote work culture. Thus, driving the Client Computing Market revenue.
Client Computing Market Segment Insights
Client Computing Market Product/Service Type Insights
The Client Computing Market segmentation, based on Product/Service Type includes Managed Desktop Services, Notebooks, Laptops, and Tablets, Standalone and Multi-function Printers, Fixed Telephones and Peripherals, Scanners and Imaging Devices, Mobile handsets, PDAs, and Smartphones, Managed Print Services, Desktop PCs and Tower, Workstations, and Terminals and Appliances. The managed desktop services segment dominated the market, accounting for more than quarter of market revenue. This is linked to increased demand for Managed Desktop Services by various industries, as it offer centralized control, enhanced security measures, and streamlined IT management.
Client Computing Market Industry Vertical Insights
The Client Computing Market segmentation, based on Industry Vertical includes BFSI, Information Technology, Manufacturing, Retail, and Energy. The BFSI segment dominated the market, accounting for more than one-third of market revenue. The BFSI sector often deals with sensitive financial data, requiring robust desktop services for security and compliance.
Figure 1: Client Computing Market, by Industry Vertical, 2022 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Client Computing Market Regional Insights
By region, the study provides market insights into North America, Europe, Asia-Pacific, and Rest of the World. The North American Client Computing Market area will dominate this market. North America, particularly the United States, is a leader in technological innovation. Silicon Valley and other tech hubs contribute significantly to the development and adoption of cutting-edge technologies.
Further, the major countries studied in the market report are The US, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: CLIENT COMPUTING MARKET SHARE BY REGION 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe Client Computing Market accounts for the second-largest market share. European countries such as Germany, the United Kingdom, and France are economic powerhouses with strong manufacturing bases, advanced technology sectors, and a focus on innovation. Further, the German Client Computing Market held the largest market share, and the UK Client Computing Market was the fastest-growing market in the European region
The Asia-Pacific Client Computing Market is expected to grow at the fastest CAGR from 2023 to 2032. Asia-Pacific is home to a significant portion of the world's population. The large and growing consumer base drives demand for a wide range of products and services, making it a key region for market expansion. Moreover, China’s Client Computing Market held the largest market share, and the Indian Client Computing Market was the fastest growing market in the Asia-Pacific region.
Client Computing Market Key Market Players & Competitive Insights
Leading market players are investing heavily in research and development to create innovative and technologically advanced products. This can involve the introduction of new features, improved performance, and enhanced security measures in devices like laptops, tablets, and desktop computers. Market participants are also undertaking a variety of strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, diversification of product portfolio, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Client Computing Market industry must offer Innovative solution.
Companies are increasingly leveraging online sales channels. Establishing an effective direct-to-consumer model allows companies to reach customers more efficiently, gather valuable data, and provide personalized offerings in the Client Computing Market industry to benefit clients and increase the market share. In recent years, the Client Computing Market industry has offered some of the most significant advantages to Consumers. Major players in the Client Computing Market, including Apple, HP, Dell, Lenovo, Canon, and others, are attempting to increase market demand by investing in product development to increase their product line and cater to diverse consumer needs.
Apple Inc., headquartered in Cupertino, California, stands as the leader in technology, boasting the largest market capitalization and recording a revenue of US$394.3 billion in 2022. As of June 2022, it ranks as the world's fourth-largest personal computer vendor by unit sales, the largest manufacturing company by revenue, and the second-largest mobile phone manufacturer. Renowned as one of the Big Five American information technology companies, Apple's influence extends across hardware, software, and services. Famed for its innovation, iconic products like the iPhone, iPad, Mac, and services such as the App Store, Apple Music, and iCloud have positioned the company as a trailblazer in the tech industry, setting industry standards and shaping consumer experiences worldwide. In May 2023, Apple unveiled a fresh, multiyear, multibillion-dollar partnership with Broadcom, a prominent U.S. technology and advanced manufacturing firm. In this joint effort, Broadcom will spearhead the development of 5G radio frequency components, notably FBAR filters, and state-of-the-art wireless connectivity components. The construction of FBAR filters will be executed in various crucial American manufacturing and technology centers, with a focus on locations like Fort Collins, Colorado, housing a significant facility for Broadcom.
HP Development Company, L.P., a leading technology firm, operates on the principle that businesses should contribute positively to society. With a legacy spanning over 80 years, HP is committed to climate action, human rights, and digital equity, exemplifying a dedication to societal betterment. Their extensive product and service portfolio includes personal systems, printers, and 3D printing solutions, designed to foster innovation and make a meaningful impact. HP envisions a world where technological advancements drive extraordinary contributions to humanity, embracing inclusivity and recognizing that transformative ideas can emerge from anyone, anywhere. This commitment positions HP as a forward-thinking company, leveraging technology to inspire progress and potentially change the world through thoughtful and inclusive innovation. In March 2023, HP hosted the Amplify Partner Conference, HP Inc.’s, first in-person partner event in three years. Throughout this fully carbon-neutral event, the company revealed a range of bold new offerings aimed at driving long-term partner growth and lifetime customer value. The event, themed "Future Ready, Together We Win," invited partners to join HP in seizing opportunities across high-growth segments, including gaming, hybrid work, workforce services, security, and sustainability.
Key Companies in the Client Computing Market include
Client Computing Market Industry Developments
April 2022: Dell Technologies unveiled the OptiPlex 3000 Thin Client, constructed with the same reliable, sustainable designs, and rich ecosystem as business desktops. It was available with multiple Operating System options, including Dell ThinOS, Ubuntu Linux, and Windows 10 IoT Enterprise. The device built on Dell’s legacy as a pioneer in cloud client solutions and ushered in a new era of Dell thin client offerings, featuring the world’s most secure thin client powered by Dell ThinOS.
January 2023: Fujitsu Client Computing Limited, a leading technology provider, recognized the significance of precise demand forecasting, efficient inventory planning, and improved planner efficiency in its manufacturing supply chain. Consequently, the company initiated a digital transformation journey for its supply chain operations. In this process, Fujitsu Client Computing Limited implemented a range of solutions from Blue Yonder Planning, integrating capabilities for supply planning and sales & operations planning (S&OP).
Client Computing Market Segmentation
Client Computing Product/Service Type Outlook
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Managed Desktop Services
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Notebooks, Laptops, and Tablets
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Standalone and Multi-function Printers
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Fixed Telephones and Peripherals
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Scanners and Imaging Devices
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Mobile handsets, PDAs, and Smartphones
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Managed Print Services
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Desktop PCs and Tower
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Workstations
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Terminals and Appliances
Client Computing Industry Vertical Outlook
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BFSI
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Information Technology
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Manufacturing
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Retail
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Energy
Client Computing Market Regional Outlook
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Germany
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France
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UK
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Italy
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Spain
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Rest of Europe
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Asia-Pacific
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China
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Japan
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India
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Australia
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South Korea
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Australia
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Rest of Asia-Pacific
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Rest of the World
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Middle East
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Africa
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Latin America
Report Attribute/Metric |
Details |
Market Size 2022 |
USD 383.8 Billion |
Market Size 2023 |
USD 401.07 Billion |
Market Size 2032 |
USD 570.36 Billion |
Compound Annual Growth Rate (CAGR) |
4.50% (2023-2032) |
Base Year |
2022 |
Market Forecast Period |
2023-2032 |
Historical Data |
2018- 2022 |
Market Forecast Units |
Value (USD Billion) |
Report Coverage |
Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
Segments Covered |
Product/Service Type, Industry Vertical, and Region |
Geographies Covered |
North America, Europe, Asia Pacific, and the Rest of the World |
Countries Covered |
The US, Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
Key Companies Profiled |
Apple, HP, Dell, Lenovo, and Canon |
Key Market Opportunities |
Advancements in technology, continuous evolution of hardware and software capabilities is fueling the market growth |
Key Market Dynamics |
Increasing prevalence of remote work culture is driving the growth |
Frequently Asked Questions (FAQ) :
The Client Computing Market size was valued at USD 383.8 Billion in 2022.
The market is projected to grow at a CAGR of 4.50% during the forecast period, 2023-2032.
North America had the largest share in the market
The key players in the market are Apple, HP, Dell, Lenovo, and Canon.
The Managed Desktop Services category dominated the market in 2022.
The BFSI Stores had the largest share in the market.