Press release
End-User Computing (EUC) Market Rapid Growth Projected for End-User Computing Market, Surging to $13.29B in 2024
The end-user computing (euc) market size has grown rapidly in recent years. It will grow from $11.88 billion in 2023 to $13.29 billion in 2024 at a compound annual growth rate (CAGR) of 11.9%. The growth in the historic period can be attributed to industrial applications, environmental regulations, automotive industry demand, electronics manufacturing, energy sector needs.The end-user computing (euc) market size is expected to see rapid growth in the next few years. It will grow to $20.59 billion in 2028 at a compound annual growth rate (CAGR) of 11.6%. The growth in the forecast period can be attributed to rising demand in renewable energy, healthcare sector growth, electric vehicle (ev) revolution, focus on sustainable solutions, smart manufacturing and iot integration. Major trends in the forecast period include accelerating advancements in nanofluids technology, adoption of engineered fluids in medical devices and pharmaceuticals, expansion of the heat transfer fluid market, and rising emphasis on energy efficiency solutions..
Market Overview -
End-user computing (EUC) refers to computer platforms and technologies that help non-programmers to build applications and give clients access to corporate data and apps from anywhere, at any time, using one or more devices. It comprises virtual desktop infrastructure (VDI), which may handle a wide range of client devices, including traditional PCs, tablets, smartphones, and thin-client terminal devices. It provides businesses with a number of advantages, including increased mobility, efficiency, and business continuity and it also lowers costs.
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BYOD Trend Catalyzes Growth in End-User Computing Market Empowering Employees with Flexible Device Policies
The growing trend of bring your own device (BYOD) is expected to boost the growth of the end-user computing market going forward. Bring your own device (BYOD) refers to a policy that allows employees to use their personally owned devices for work-related activities rather than being required to use an officially provided device. End-user computing (EUC) helps bring your own device (BYOD) policies by providing employees with secure access to enterprise applications and data from their devices. For instance, in May 2021, according to a report published by Beyond Identity Inc., a US-based software company, in a survey of 1,103 current employees, over 14% of employees reported using personal devices for work, while 36% of respondents used personal and company-issued devices. About 24% of respondents said that their personal devices were more portable or potent than those provided by their employers. Therefore, the growing trend of bring your own device (BYOD) is driving the growth of the end-user computing market.
Competitive Landscape -
Major companies operating in the end-user computing (euc) market report are Microsoft Corporation, Dell Technologies Inc., Amazon Web Services Inc., Lenovo Group Limited, Fujitsu Limited, Infosys Limited, Tech Mahindra Ltd., NetApp Inc., Vmware Inc., CSS Corp , Citrix Systems Inc., SITA , Nutanix Inc., Mindtree Limited, Emtec Inc., Mainline Information Systems, Coreio Inc., Nucleus Software Exports Ltd., IGEL Technology, Hitachi Systems Micro Clinic Pvt. Ltd., HCL Infosystems Ltd., Ergonomic Group Inc., Data Integrity Inc., SMP-Corp , Fortem Information Technology Ltd
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