The Desktop Virtualization Market is being driven by Growing adoption of cloud-based VDI for SMEs
The Desktop Virtualization Market is expected to grow at a CAGR of 10.86% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 8.12 billion. The shift towards remote and hybrid work arrangements has significantly increased the necessity for desktop virtualization solutions. With employees requiring secure access to their work environments from various locations, Virtual Desktop Infrastructure (VDI) and Desktop as a Service (DaaS) have gained considerable traction. Virtual desktops offer flexibility by enabling users to work on diverse devices while preserving a consistent experience. This flexibility, in turn, enhances productivity and security, as employees can effortlessly transition between personal and work devices without compromising data or performance. Desktop virtualization also delivers scalability, empowering organizations to effortlessly adapt to fluctuating workforce sizes. The ease of scaling up or down with virtual desktops is a more manageable alternative to the complexities of provisioning physical desktops. In the context of remote work, security is paramount. Desktop virtualization addresses this concern by offering a centralized, secure infrastructure that ensures data protection and compliance.
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Which Factors Are Causing a Surge in Market Growth?
The market is segmented based on Type (Virtual Desktop Infrastructure (VDI), Desktop-as-a-Service (DaaS), Remote desktop Service (RDS)) End-user (Large enterprises, Small, medium enterprises) Geography (North America, Europe, APAC, Middle East and Africa, South America).
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
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Key Features in Desktop Virtualization Market Research Report
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The Desktop Virtualization Market encompasses Virtual Desktop Infrastructure (VDI), Desktop Delivery Platforms (DDP), and remote desktop services. IT expenditure for SMBs and large enterprises is shifting towards this technology, with VDI reducing hardware maintenance costs. Cloud computing, such as Hosted Virtual Desktops and Shared Desktops, offers flexibility for businesses. IT infrastructure requirements include network bandwidth and server capacity. Virtualization experts manage local devices or data centers, ensuring data security. Industries like Healthcare, Manufacturing, IT, Telecommunications, and others benefit from remote working capabilities. On-premises and cloud solutions cater to various needs. Remote desktop services enable IT administrators to manage servers and local devices effectively. Data security is crucial in this setup, with IT infrastructure protecting sensitive information. Dumb terminals have been replaced by advanced local devices.
The Desktop Virtualization Market is a segment of Technavio's global Technology Hardware, Storage, and Peripherals Market, which encompasses manufacturers of IT infrastructure components, including cellular phones, personal computers, servers, and peripherals. This market's size is determined by the revenue generated from hardware sales. Factors driving market growth include the escalating demand for remote work solutions due to the COVID-19 pandemic, increased IT expenditure among Small and Medium-sized Businesses (SMBs) for hardware maintenance, and the adoption of cloud computing to reduce network bandwidth requirements. Additionally, the need for virtualization expertise in managing IT infrastructure for large enterprises and the trend towards energy-efficient virtualization technologies contribute to market expansion.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
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