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Desktop Virtualization Market 2024 Report By Key Companies, Regional Analysis And Forecast 2033
Desktop Virtualization Market
The Business Research Company presents an extensive market research report on the Desktop Virtualization Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The desktop virtualization market size has grown rapidly in recent years. It will grow from $13.19 billion in 2023 to $14.79 billion in 2024 at a compound annual growth rate (CAGR) of 12.1%. The growth in the historic period can be attributed to early adoption for cost savings, enterprise mobility initiatives, business continuity planning, cloud computing integration..
The desktop virtualization market size is expected to see rapid growth in the next few years. It will grow to $23.42 billion in 2028 at a compound annual growth rate (CAGR) of 12.2%. The growth in the forecast period can be attributed to hybrid work environments, edge computing and iot expansion, sustainability and green it, enhanced user experience, legacy application modernization.. Major trends in the forecast period include byod (bring your own device) trend, cost efficiency and resource optimization, security concerns and data protection, market competition and innovation..
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Key Market Players:
Major companies operating in the desktop virtualization market report are Citrix Systems Inc., VMware Inc., Microsoft Corporation, Cisco Systems Inc., Oracle Corporation, International Business Machines Corporation, Huawei Technologies Co. Ltd., Parallels International GmbH, Ericom Software Inc., Evolve IP LLC, Amazon Web Services Inc., Nutanix Inc., V2 Cloud Solutions Inc., DXC Technology Company, Ivanti Inc., Nasstar PLC, Datacom Group Ltd., Dell Technologies Inc., Kyndryl Inc., NetApp Inc., NTT DATA Corporation, Pure Storage Inc., Softchoice Corp., NEC Corporation, Fujitsu Limited, Hewlett-Packard Development Company L.P., Lenovo Group, Red Hat Inc., SAP SE, ServiceNow Inc., Symantec Corporation
Market Drivers:
The rapid shift to hybrid work models is expected to propel the growth of the desktop virtualization market. Hybrid work models effectively enable organizations to define a more flexible, digital, and rewarding future of work for their employees. This improves work-life balance, increases the ability to focus with fewer distractions, more time for family and friends, reduced commuting time and costs, IT up skilling, and higher motivation levels. Desktop virtualization is based on a client-server model in which the organization runs its operating system and applications on a server in the cloud or a data center, separating them from the desktop environment to boost performance, enhance IT governance, and enable elasticity. For instance, in May 2022, according to data from the Opinions and Lifestyle Survey (OPN), the percentage of workers who work hybrid had increased from 13% in early February 2022 to 24% in May 2022. Therefore, the rapid shift to a hybrid work model will drive the desktop virtualization market going forward.
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https://www.thebusinessresearchcompany.com/report/desktop-virtualization-global-market-report
The desktop virtualization market covered in this report is segmented -
1) By Component: Software Solutions, Services
2) By Type: Virtual Desktop Infrastructure (VDI) , Desktop-As-A-Service (DaaS) , Remote Desktop Services (RDS)
3) By Pricing Model: Subscription, Pay-As-You-Go
4) By Organization Size: Small And Medium Sized Enterprises, Large Enterprises
5) By Verticals: Banking, Finance Services, And Insurance (BFSI) , Education, Healthcare And Life Sciences, Information Technology And Information Technology Enabled Services, Government And Defense, Telecom, Retail, Automotive, Transportation And Logistics, Media And Entertainment, Manufacturing, Other Verticals
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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