Global Desktop Virtualization Market - Segmented by Desktop Delivery Platform (HVD and HSD), Deployment Mode (On-premises and Cloud), End-user Vertical (Financial Services, Healthcare, Manufacturing, and IT and Telecommunications), and Region - Growth, Trends and Forecast (2018 - 2023)
In 2017, the global desktop virtualization market was valued at USD 4982.4 million and is expected to reach a value of USD 8957.4 million by 2023, registering a CAGR of about 10.27% during 2018-2023 (the forecast period). Desktop virtualization separates personal computing desktop environment from a physical machine, using the client-server model of computing. This virtualization technique has become a mainstream IT strategy for companies of all sizes. Virtualization is particularly valuable to the small and medium businesses, as it lowers the expenditure for hardware, and reduces the system administration and maintenance costs. With business mobility and cloud computing transforming the IT sector, the desktop virtualization is expected to enable this transition. It helps meet the needs of users more effectively and securely. It allows employees to access high-performance applications, by enabling hardware-based GPU sharing via a secure connection from any device.
Growing Demand for ‘Bring Your Own Devices’ (BYOD) in Workplaces is driving the Market
Organizations are constantly opting for solutions that can channel a large number of computing devices, and create advanced communication infrastructure. With data and applications breaking the boundaries of desktops, by being available on multiple devices, the concept of integrated workplace is diminishing. Policies, like ‘bring your own device’ are increasing the number of devices that need to be consolidated with enterprise networks. Mobile workers account for nearly 90% of the workforce in the United States. Mobility offers improved productivity and collaboration of all geographically distributed offices. The technology integrates and streamlines communications across various branches. With desktop virtualization, the costs associated with individual relocations and setting up newer facilities can be significantly cut down.
Healthcare the Fastest Growing Sector
The healthcare industry is one of the fastest-growing verticals, in terms of adopting desktop virtualization. With most of the healthcare units, including clinics, hospitals, and emergency units, adopting these systems, the demand for VDI in healthcare industry is expected to grow, exponentially. Desktop virtualization finds applications in many healthcare operations, such as patient care. On mobile devices, virtual desktops provide access to patient information. Emergency units are utilizing these systems, to analyze patient data for proper care. Administrative offices are also increasingly adopting these systems, to take the advantage of their flexibility.
Asia-Pacific to Grow at a Faster Pace
Asia-Pacific is a hub for the major IT outsourcing destinations for the major market players, across industry verticals. Even though the desktop virtualization deployments in the region are not at par with the developed economies, there is an enormous untapped potential in these developed economies. Many market players are increasing their presence in the region, to capture the growing market of the region. By the end of the forecast period, the number of VDI users is expected to cross 23 million. Also, around 45% desktop virtualization solutions are likely to be delivered through the cloud by 2023.Major Players: Citrix Systems Inc., Toshiba Corporation, IBM, Huawei Technologies Co. Ltd, Microsoft Corporation, Parallels International GmbH, Dell Inc., Red Hat Inc., NComputing, Ericom Software Inc. Teams, and VMware Inc., among others.
Key Developments in the Market