Virtual Desktop Market Growth is Fuelled by Growing Deployment of Cloud Technology

Virtual Desktop Market Growth is Fuelled by Growing Deployment of Cloud Technology

“Virtual Desktop Market”
Virtual Desktop Market

Market Highlights

A virtual desktop refers to an individual user’s interface with the virtualized environment where the desktop is stored on a remote server instead of being stored locally. A desktop virtualization software separates the physical machine from the software and grants an isolated operating system for the user. Well known virtual desktop appliances include Microsoft Virtual PC, VMware Workstation and parallels desktop for Mac. There are many benefits of deploying virtual desktop software such as cost efficiency, resource efficiency, and improved data integrity due to centralized backup. It provides users with an ability to manage and control the desktop from one centralized location.

The global virtual desktop market is expected to upscale at a 9% CAGR over the forecast period, as per the latest report published by Market Research Future (MRFR). There are several factors contributing to the lucrative growth of the market including increasing use of bring your own device (BYOD) technology, rising demand for workplace flexibility, and rising use of cloud technology in several end-user industry verticals. Further, technological advancements are observed to take place at a rapid pace such as VDI desktops having complete graphical unit support and augmented storage units. Moreover, increasing mobile workforce and proliferation of devices beyond traditional PC, consumerization of IT and demand for smart and efficient tools are other factors fostering the market growth. On the other hand, lack of education and training on virtual desktop infrastructure, high price, complication in software licensing, along with distribution and week connectivity are expected to hinder market growth during the forecast period.

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The virtual desktop market is segmented on the basis of product type, deployment, vertical, and region. Based on product type, the market is segmented into infrastructure as a service, cloud-based VD, cloud-based software as a service, private hosting cloud-based virtual desktop infrastructure, and desktop as a service cloud-based virtual desktop. Based on deployment, the market is segmented into cloud-based virtual desktop infrastructure and on-premise virtual desktop infrastructure. Based on vertical, the market segments include BFSI, IT and telecommunication, media & entertainment, healthcare, transportation, aerospace and defense, and government.

Regional Analysis:

The global virtual desktop market is regionally segmented into Asia-Pacific, North America, Europe and Rest of the World. North America dominated the virtual desktop market at the beginning of the forecast period. The region is also estimated to retain such dominance over the market through the conjecture period. This can be accredited to the increasing speed of start-ups and large enterprises. Further, rising need for desktop virtualization and ascension in competition pressure and IT industries are other factors complementing the growth of the regional market for virtual desktop solutions. Amidst the region, the US and Canada are anticipated to emerge as leading country-specific markets for the virtual desktop.

The virtual desktop market prevalent in Asia Pacific is expected to showcase the highest CAGR over the forecast period. This can be owed to rising number of IT-based start-ups and growing cloud-based deployment of business operations. Japan, China, and India are anticipated to lead the country-specific virtual desktop market in the region over the review period.

Key Players

Noteworthy vendors present in the global 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).

 Industry Update

August 2019: NetApp recently launched a series of products and services that were engineered in collaboration with VMware. These included a virtual desktop infrastructure (VDI) solution that was designed to work with VMware Horizon.

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