Cloud-based VDI Market Expected to Reach $10,154 million, Globally, by 2023

The Objective of the Cloud-based VDI Market report is to depict the trends and upcoming for Cloud-based VDI Industry over the forecast years. Cloud-based VDI Market report data has been gathered from industry specialists/experts. Although the market size of the market is studied and predicted from 2017 to 2023 mulling over 2016 as the base year of the market study. Attentiveness for the market has increased in recent decades due to development and improvement in the innovation.

The global cloud-based VDI market was valued at $ 3,654 million in 2016, and is projected to reach at $ 10,154 million by 2023, growing at a CAGR of 16.5% from 2017 to 2023. Asia-Pacific is projected to grow at the highest CAGR of 18.8% during the forecast period, due to increase in internet penetration, upsurge in the investment on digitalization, and significant economic growth.

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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.

The report features a competitive scenario of the cloud-based VDI market and provides a comprehensive analysis of key growth strategies adopted by major players. The key players profiled in the study are Amazon Web Services, Inc., Cisco Systems, Citrix Systems, Inc., Dell Inc., HP Development Company, L.P., IBM Corporation, Microsoft Corporation, NComputing Co. LTD, Rackspace, Inc., and VMware. These players have adopted competitive strategies such as innovation, new product development, and market expansion to boost the growth of the global market.

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North America was the highest revenue contributor to the global cloud-based VDI market in 2016, accounting for around 41.1% share, owing to surge in demand for enterprise mobility and extensive wireless connectivity. Furthermore, rise in demand across various industry verticals such as healthcare, education, financial services, and manufacturing is fueling the growth of cloud-based VDI in other emerging markets such as Latin America and the Middle East & Africa.

Surge in ICT expenditure and increase in cloud adoption across the end users, including small & medium enterprise and large enterprise are anticipated to augment the market penetration. The prominent markets, such as Asia-Pacific and Europe, with developed cloud infrastructure, high adoption of Internet of Things (IoT) technology, and surge in demand for more flexibility in the business process are anticipated to fuel the market growth in the near future.

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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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