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Workstation Market Set for Huge Growth in the Near Future

10-06-2017 08:50 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

/ PR Agency: Future Market Insights
Workstation Market Set for Huge Growth in the Near Future

Future Market Insights delivers key insights on the global Workstation Market performance in a new report titled “Workstation Market: Global Industry Analysis and Opportunity Assessment, 2016–2026”. The global workstation market is projected to register a healthy CAGR of 9.8% in terms of value and 4.3% in terms of volume during the forecast period 2016–2026. A workstation is an advanced computer designed for scientific and technical applications. Workstations are professionally designed for high end user applications such as digital content creation, finance modelling, and software engineering among others. Workstations can run multi-user operating systems and are featured with a redundant array of independent disks, SSDs, and optimised GPUs.

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Workstation Market: Segmentation

The global workstation market has been segmented on the basis of – Product Type (Tower Workstation, Mobile Workstation, Rack Workstation, Blade Workstation, All-in-One Workstation); Operating System (Windows, Linux, Unix); and Application (Digital Content Creation, Economic/Finance, Engineering, Scientific, Software Engineering, Other Commercial). Demand for Mobile and All-in-One workstations is increasing rapidly owing to their usage in a wide range of applications such as digital and graphics, finance modelling, and software engineering. Workstation products are gaining traction in terms of application in digital content creation and in the graphics and animation industry. This is expected to bolster the growth of the global workstation market during the forecast period.

A growing demand for 3D animation software, digital content creation, and networking and graphics is expected to fuel the growth of the global workstation market over the forecast period. There is an increasing global adoption of CAD, which is impacting the growth of the 3D animation software market in the manufacturing, architecture and design, construction, and building industries. Workstations are the most demanding hardware for 3D animation software and hence, an accelerated growth of the 3D animation software market is directly influencing the growth of the global workstation market. Also, workstations are being widely used in a large number of applications across industries.

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Workstations are the standard equipment required by engineers, analysts, content creators, and other professionals requiring significantly high levels of performance, data integrity, and visualisation. This factor is also contributing greatly to the increasing demand for workstations in the professional and business world across the globe. However, longer replacement cycles and increasing competition from alternative computing platforms that deliver quality, high performance, and value can pose major challenges to the sustained growth of this market over the next few years.

The global workstation market is likely to witness several big trends in the next 10 years. A few notable trends include migration of PC and Apple Mac users to workstations, an increase in the global demand for virtual workstations, a rising preference for mobile workstations in oil and gas exploration applications, a growing demand for tower workstations in digital content creation applications, and a high demand for mobile workstations in software engineering applications.


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Workstation Market Insights

The Mobile Workstation segment is estimated to account for a revenue share of 23.7% in the global workstation market by the end of 2016 and is expected to expand at a CAGR of 5.9% over the forecast period (2016–2026). Growth of this segment is likely to be driven by a growing demand for networking and graphics. The All-in-One Workstation segment is anticipated to register a comparatively high CAGR as compared to the Mobile Workstation segment during the forecast period while the Mobile Workstation segment is expected to account for a significant share of the global workstation market throughout the forecast period. The Windows Operating System segment is expected to expand at a comparatively high CAGR in terms of value over the forecast period – estimated to account for a relatively high value share of 90.7% by the end of 2016. This segment is expected to expand at a CAGR of 9.9% over the forecast period. The main factor driving this growth is the rising demand for 3D animation software. The Linux segment is estimated to account for a revenue share of 5.8% in the global workstation market by the end of 2016 and is expected to register a CAGR of 8.1% over the forecast period. The Unix segment is anticipated to witness steady growth as compared to the Windows segment during the forecast period. The Digital Content Creation workstation segment is expected to expand at a high CAGR (11.6%) in terms of value over the forecast period, owing to an increase in end-user application. This segment is estimated to account for 31.8% value share by the end of 2016.

About Us

Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.

FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.

FMI’s team of over 200 research analysts provides market intelligence at global, regional, and country level. Our analysts are committed to provide independent insights, relying on our cognitive defusion training module, which conditions them to look at data objectively and unbiasedly.

Contact

Future Market Insights
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Valley Cottage, NY 10989,
United States
USA T: +1-347-918-3531
Email: sales@futuremarketinsights.com
Website: http://www.futuremarketinsights.com

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