The rise in the need to increase employee efficiency and enhanced data security offered by desktop virtualization fosters the growth of the global desktop virtualization market. In addition, cost saving associated with desktop virtualization solutions positively impacts the growth of the desktop virtualization industry.
However, performance and compatibility issues and expensive deployment and sign-up costs of desktop virtualization platforms hamper the market growth. On the contrary, an increased market for workspace as a service is expected to offer remunerative opportunities for the expansion of the desktop virtualization industry during the forecast period.
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According to a new report published by Allied Market Research, titled, The desktop virtualization market size was valued at $11.5 billion in 2021, and is estimated to reach $28.3 billion by 2031, growing at a CAGR of 9.5% from 2022 to 2031.
In terms of enterprise size, the large enterprise segment holds the largest share of the desktop virtualization market, owing to the rapid adoption of desktop virtualization solutions since the outbreak of the COVID-19 pandemic.
However, the SMBs segment is expected to grow at the highest rate during the forecast period, owing to the adoption of virtualized solutions for better management and enhanced security by small and medium-sized enterprises, which is anticipated to drive the desktop virtualization market growth.
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Region-wise, the desktop virtualization market was dominated by North America in 2021 and is expected to retain its position during the forecast period, owing to its expanding investments in new technologies such as cloud and digital technologies are anticipated to bring prominent growth in the market.
However, Asia-Pacific is expected to witness significant growth during the forecast period, owing to the increase in demand from the European countries and due to its increasing technology investments, which are expected to drive the desktop virtualization market trends in the Asia-Pacific region.
The report focuses on growth prospects, restraints, and trends of the global desktop virtualization market analysis. The study provides Porter’s five forces analysis to understand the impact of various factors, such as the bargaining power of suppliers, competitive intensity of competitors, threat of new entrants, threat of substitutes, and bargaining power of buyers, on the global desktop virtualization market forecast.
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The key players profiled in the desktop virtualization market analysis are Amazon Web services, Inc., Cisco Systems, Inc., Citrix Systems, Inc., Datacom Group Ltd., DXC Technology Company, Huawei Technologies Co., Ltd., International Business Machine Corporation, Ivanti, Kyndryl Inc., Microsoft Corporation, Nasstar, NetApp, NTT DATA Corporation, Nutanix, Oracle Corporation, Pure Storage, Inc., Softchoice, VMware, Inc. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.
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