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Desktop Virtualization Market Trends, Future
Growth and Analysis by 2027
The Desktop Virtualization Market
size is expected to grow from USD 12.3 billion in 2022 to USD 20.1
billion by 2027, at a Compound Annual Growth Rate (CAGR) of 10.3% during the
forecast period, according to MarketsandMarkets™ Desktop virtualization solutions provides a
consistent and secure means for employees to work anywhere, thereby reducing
the number of PCs and expensive hardware at workplaces, resulting in a decline
in the cost for hardware maintenance.
Browse 159 market data Tables and 42
Figures spread through 201 Pages and in-depth TOC on "Desktop
Virtualization Market”
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Desktop virtualization solutions help banks to
achieve their business objectives of growth and sustainability by transforming
the traditional PC system into a virtual environment. Today, banks are
leveraging digitalization to make the workplace more flexible. Banks and
financial institutions have adopted BYOD services to provide flexibility, in
terms of working hours, to employees. These services allow them access to
information at work, at home, or during travel. Desktop virtualization helps
tighten security and follow compliance measures effectively even when banks
consider expanding across geographic locations, including remote and rural
areas.
The DaaS is a cloud-based, highly secure desktop
virtualization approach that allows multiple users access a single instance of
software application. It allows users to work from anywhere using their own
devices, including thin clients, desktops, notebooks, tablets, and phones with
high network bandwidth.
The key players offering DaaS in the desktop
virtualization market are VMware (US), Cisco Systems (US), and Citrix Systems
(US).
The growth of the desktop virtualization market in
Asia Pacific is highly driven by the rapid digitalization of enterprises across
the region. According to the Computer Weekly/TechTarget IT Priorities survey of
2019, 42% of nearly 1,000 IT decision-makers in Asia Pacific revealed that they
are looking to upgrade their IT infrastructure to support digital
transformation initiatives, while 35% expect to harness technologies that
improve employee experience and productivity.
This indicates spending on software is also expected
to grow to keep up with rising demands in terms of online accessibility of
services from enterprises. Hence, this rapid investment in technologies and
providing online services is expected to drive the growth of the desktop
virtualization market in Asia Pacific.
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The major vendors covered in the Desktop
virtualization market include Citrix systems (US), VMware (US), Microsoft (US),
Cisco Systems (US), Oracle (US), IBM (US), Huawei (China), Kyndryl Holdings
(US), DXC Technology (US), NTT DATA (Japan), Amazon Web Services (AWS) (US),
Softchoice (Canada), Nutanix (US), Pure Storage (US), NetApp (California), Ivanti
(US), Nasstar (UK), Datacom (New Zealand), NComputing (US), Evolve IP (US),
Ericom Software (US), Parallels International (US), V2 Cloud (Canada),
Kasm (Virginia), Itopia (US), ClearCube (US), Hewlett Packard Enterprise (US),
Adar (US), Systancia (France), and HiveIO (US).
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