Uploaded on Apr 28, 2023
Desktop Virtualization Market
Desktop Virtualization Market
Desktop
Virtualization
Market
: Future
of Healthcare in
an Aging World
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The desktop virtualization industry garners $11,980.7 million revenue in 2021, and it is
projected to rise at the rate of 13.1% in the coming future, to hit $36,258.9 million revenue in
2030. Virtual desktops provide numerous benefits compare to physical desktop machines, such
as cost savings, easy administration, enhanced productivity, high security, agility, scalability,
support for multiple types of devices, and improved user experiences.
In addition, the rapid adoption of the hybrid work models that facilitate remote work, from any
device, and location in any time zone boost the adoption of digital technologies which makes
desktop virtualization possible.
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Desktop as a service contributes around 25% of the revenue share of the desktop virtualization
software industry in 2021, and it is projected to experience annual growth of 13.5% in the
coming future. It is led by the rising secured virtual desktop demand during the COVID-19
period, due to the wide adoption of hybrid work models to remain productive during the
lockdown.
DaaS provides easy management, enhanced flexibility, and lesser ownership costs. It is used for
the quick and easy construction of digital workspaces for businesses that provide remote work
possibilities and personal device freedom.
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The subscription-based pricing model captures a substantial share of the desktop virtualization industry.
Several vendors provide free software, per hour charge, and several provide licenses or charges on an
annual or monthly basis. The pricing strategies based on subscriptions are highly preferred and generate
significant revenue.
Cloud-based virtualization software holds a substantial industry share, in terms of revenue. Cloud-based
computing provides software access that runs on shared resources, including processing power, memory,
and disk storage throughout the internet. Remote data centers maintain computing resources, as they are
required to host applications on various platforms.
In addition, SMEs get benefitted from the cloud, as it facilitates users to function on applications at a lower
price, with decreased software and hardware expenditure. The cloud provider can help in attaining higher
productivity with the expansion of the software capabilities.
Large organizations with a workforce of more than 1,000 employees install virtualization software on
functional systems for providing easy data access from centralized sources, along with security purposes.
Machines have started to be virtualized, and it is a major trend to be seen on desktops.
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Desktop and server virtualization provides support to businesses to attain a competitive edge, with reduced
hardware costs, quicker provisioning and deployment of desktop and server, enhanced data security,
disaster recovery, energy savings, and improved operational efficiency of IT.
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North America captures a significant share of the industry, owing to the developed IT infrastructure, led by
high IT investment, early adoption of cloud-based technologies, and 5G technology penetration in the
region.
APAC is projected to experience the fastest growth in the coming years, led by the surging economy, rising
investments in the IT sector, and increasing initiatives of the government and private entities for AI
technologies and IoT deployment across various verticals.
Therefore, the wide adoption of hybrid work models and high investments in IT infrastructure proliferate the
industry.
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