Workstation Market – Global Briefing, Growth Analysis And Opportunities Outlook 2021 To 2029

The worldwide sales of workstation exceeded US$ 43 Bn in 2018, and is anticipated to exhibit a CAGR of 8.6% during the forecast period. The rising demand for virtual workstations and increasing preference for mobile workstation for 3D modelling and in the gaming industries are the factors creating potential growth opportunities for the workstation market.

Desktop workstations provide wider configuration options and allow for further hardware modifications such as adding a professional-grade graphics card or, a sound card. Such flexibility is expected to enable two-fold adoption of desktop workstations through 2029. Mobile workstations, on the other hand, enable users to perform on-site operations, and are operable in compact workspaces. Although they are cost-intensive versus the desktop version, their benefits significantly outweigh their drawbacks. Further, by 2020, deployment of mobile workstations would accent around US$ 10 Bn.

According to the report, factors such as rising demand for 3D animation software, growing demand for digital content creation, and low energy consumption and reduction of hardware related expenditure are projected to drive growth of the workstation market.

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Key Takeaways of Workstation Market Study

The adoption of mobile workstation is anticipated to grow significantly in manufacturing and gaming industries.
The engineering & design industry is expected to remain a key industry in the global workstation market due to the high demand from engineers and designers for the creation of 3D mechanical designs and engineering simulations.
The North American and Western European markets are expected to provide more lucrative opportunities in the workstation market as compared to other regional markets.
Asia Pacific excluding Japan is expected to be a key market in the workstation market. Moreover, India is expected to exhibit a noteworthy CAGR.
The growing demand of mobile workstations for creating complex engineering designs and simulations is expected to drive the workstation market growth during the forecast period.

Increasing Focus of Key Players on Product Innovation

Companies in the workstation market have started investing more in speeding up the process of product development and innovation. Leading players in the global market are adopting business expansion, acquisition, and collaboration strategies in a bid to capture a significant share of the global market.

For instance, in February 2018, HP announced that it will power up the performance of its bestselling workstation, the HP Z4, with the integration of Intel Xeon and Core X processors to support dual extreme graphics.
Some of the key players in the workstation market are Fujitsu Limited, Microsoft Corporation, NVIDIA Corporation, Intel Corporation, Dell EMC, Red Hat, Hewlett Packard Enterprise, HP Inc., Secunet AG, Citrix Systems, Lenovo Group Limited, Cisco Systems, Super Micro Computer, VMware, and other key players.

WORKSTATION MARKET TAXONOMY

The market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.

Type

Rack Workstation
Desktop Workstation
Mobile Workstation
Tower Workstation
Operating System

Windows
Linux
Unix
Core

6 Cores
8 Cores
12 Cores
18 Cores
28 Cores
32 Cores
56 Cores
Others
Enterprise Size

SMEs
Large Enterprises
Application

Digital Content Creation
Advanced Data Modelling
Industrial Designing
3D Modelling
Others
Industry

Healthcare
Education
BFSI
Manufacturing
Media and Entertainment
Engineering & Design
Others
Region

North America
Latin America
Western Europe
Eastern Europe
Asia Pacific excluding Japan
Japan
Middle East & Africa
More Valuable Insights on Workstation Market

Future Market Insights puts forward an unbiased analysis of the global market for global workstation market, providing historical data for 2014-2018 and forecast statistics from 2019-2029. To understand opportunities in the workstation market, the market is segmented on the basis of types, operating systems, cores, enterprise size, applications, and industries, across seven major regions.

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Significant Contributions of the Report

Key Trends and Challenges: Detailed analysis on the ‘ins and outs’ of the market with qualitative research and quantitative insights
Recent Drivers and Opportunities: Detailed assessment on the key growth drivers, technological developments, and factors affecting the market over the forecast period.
Segmental Analysis: Extensive research on each segment and sub-segment, compiled by expert research analysts of FMI
Regional Market Forecast: Thorough analysis of each regional market to provide market players with real-time data and reliable statistic to gain a competitive edge in the industry
Competitive Landscape: Comprehensive analysis on prominent players and new entrants eyeing to improve their revenue prospects in the industry

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Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

This release was published on openPR.