The Desktop Virtualization Market expected to grow from USD 7.83 billion in 2017 to USD 13.45 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 11.4% from 2017 to 2022.
Major factors for an upsurge in demand for desktop virtualization solutions include increasing the productivity of employees, cost saving to reduce economic pressure on enterprises, and simplified management and enhanced security (centralization of IT functions).
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The scope of this report covers the Desktop Virtualization Market analysis on the basis of type, organization size, vertical, and region. The demand for desktop virtualization solutions and services is increasing across various industry verticals due to simplified management and enhanced security across these verticals that help to provide centralized IT functions. Desktop virtualization solutions and services are adopted by various industry verticals such as IT & telecom, banking financial services & insurance (BFSI), education, healthcare, government, retail & SCM, media & entertainment, manufacturing & automotive, and others.
Based on type, the VDI segment of the Desktop Virtualization Market is projected to grow at the highest CAGR during the forecast period. The increasing adoption of the BYOD policy across enterprises, which prefer a centralized management of desktop is one of the major factors driving the adoption of VDI solutions.
The Asia Pacific Desktop Virtualization Market expected to grow at the highest CAGR during the forecast period. Emerging economies in Asia Pacific, namely, China, India, Japan, South Korea, Australia, and New Zealand are witnessing rapid economic growth and have a high potential for the adoption of desktop virtualization solutions. This can be attributed to the rapid adoption of desktop virtualization solutions.
Rising attractiveness of Workspace-as-a-Service (WaaS) among customers is driving the Desktop Virtualization Market. WaaS solutions allow login to a remote, cloud-hosted desktop, and access a suite of cloud-hosted applications. The rising attractiveness of cloud services and BYOD policy are fueling the adoption of WaaS in various organizations. Moreover, WaaS is cost-effective, and its service-based structure helps SMEs to access the enterprise-grade technology. WaaS is gaining popularity, as it offers businesses several operational advantages and can be essentially viewed as the next step up from Desktop-as-a-Service. Key players in the market are offering WaaS to extend their current portfolio of the Desktop Virtualization Market. Hence, WaaS is expected to drive the Desktop Virtualization Market during the forecast period, as it is allowing all-sized businesses to deploy and manage desktop virtualization solutions more effectively.
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