Cloud Based VDI Market: Huge Growth Opportunities | Industry Trends | Market Analysis & Global Forecast to 2023

Cloud-based VDI Market was valued at $3.654 million in 2016, and is estimated to reach $ 10,154 million by 2023, growing at a CAGR of 16.5% from 2017 to 2023. Cloud-based VDI enables industries to store and manage a centralized server or network storage in the cloud and hosts various desktop machine on a single virtual machine. This offers superior flexibility and mobility, thus supporting increased productivity and employee satisfaction. The global cloud-based VDI market is expected to witness significant growth rate, due to the increase in adoption of handheld devices & smartphone for enterprise computing across the developed and the developing regions, including North America, Europe, and Asia-Pacific.

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The Asia-Pacific cloud-based VDI market is expected to register the highest CAGR during the forecast period, owing to increase in government spending to build smart cities and strengthen economic growth. In addition, rise in investments in digitalization from the developing countries such as China, India, and Japan is expected to offer lucrative opportunities for market expansion.

Increase in demand for augmented reality & virtual reality in the industries such as healthcare and production fuels the demand for cloud-based VDI, thereby driving the market growth across North America and Europe. However, LAMEA is expected to account for the least share in the global market as compared to other regions, due to uniform smartphone penetration across Latin America. Furthermore, Middle East and Africa are expected to gain traction due to increase in investment in IT infrastructures. However, lack of awareness of the software and dearth of skilled professionals required for installations related to the software are expected to restrain the market growth during the forecast period.

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Cloud-based virtual desktop infrastructure (VDI) is the technology that enables centralized storage and monitoring of applications and data in the cloud, so that an employee can access the data and perform business processes from the remote locations. Technological advancements and increase in digitalization are the major factors that drive the growth of the cloud-based solutions.

Hybrid deployment model segment is expected to be the major revenue contributor to the global cloud-based VDI market, due to the availability of computational infrastructure on the premise while retaining the availability of public cloud infrastructure. Moreover, small & medium enterprise (SMEs) segment has witnessed significant growth, as cloud deployment helps small businesses to grow with greater connectivity, flexibility, and security by altering physical IT infrastructure to external storage. Increase in demand for unlimited storage, security, protected networks and reduced IT expenditure are anticipated to drive the adoption of cloud-based VDI among SMEs

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