July 3, 2024
Ict

Desktop Virtualization Market is Estimated to Witness High Growth Owing to Cost Effectiveness and Flexibility

Desktop virtualization refers to separating the personal computing desktop operating system and related applications from the physical device on which it is displayed. It allows an organization to run desktop operating systems in virtual machines located on a centralized server in a data center rather than having to maintain and support individual workstations. Desktop virtualization provides numerous advantages like centralizing desktops and applications which makes management and security easier. It also enables desktop operating systems and applications to be accessed securely from any device including PCs, laptops, tablets and smartphones. This flexibility allows employees to work from anywhere while using company provided devices.

The Global Desktop virtualization Market is estimated to be valued at US$ 13.81 Bn in 2024 and is expected to exhibit a CAGR of 9.6% over the forecast period 2024 to 2031.

Key Takeaways
Key players operating in the desktop virtualization market are Cisco Systems, Inc., Citrix Systems, Inc., Ericom Software, Inc., Evolve IP, Hewlett Packard Enterprise, Huawei Technologies Co., Ltd , Microsoft, Ncomputing, Oracle Corporation, Parallels International, Red Hat, and VMware, Inc.

The rising need for mobility solutions to improve workforce productivity and flexibility presents significant growth opportunities for desktop virtualization vendors. Organizations are increasingly adopting bring your own device (BYOD) policies that allow employees to access business systems using personal devices which is fueling demand for desktop virtualization.

Growing adoption of hybrid working models with flexible working hours and remote working is driving increased demand for desktop virtualization. It allows employees to securely access company virtual desktops and applications from any location using their devices of choice. Several organizations are deploying virtual desktop infrastructure globally to cater to worldwide workforce.

Market drivers
Cost effectiveness is a major factor driving growth of the desktop virtualization market. Deploying virtualized desktops reduces hardware and infrastructure costs compared to physical desktop environments. Virtual desktop infrastructure requires fewer servers to host centralized desktops compared to maintaining individual physical devices. Desktop virtualization also lowers support and maintenance costs by making system management simpler through centralized administration of desktop images and applications. The flexibility and scalability offered through virtualization allows businesses to right size their desktop needs thereby avoiding under or over provisioning of resources. This enhances overall cost efficiency for enterprises.

PEST Analysis
Political: The desktop virtualization market is positively impacted by various governmental initiatives towards digitalization and supporting work from anywhere culture. However, data privacy laws pose some challenges for cross border desktop virtualization deployments.

Economic: Growth in the IT spending of organizations along with cost benefits of desktop virtualization such as reduced hardware & maintenance costs are driving increased adoption of desktop virtualization solutions.

Social: Younger workforce prefers mobility and flexibility in workstyles which is supported by desktop virtualization. However, certain industries with strict compliance needs may still prefer traditional desktops.

Technological: Advances in internet connectivity, computer power and related technologies have enabled sophisticated desktop virtualization solutions. Cloud-based virtual desktops further enhance the ease of deployment and mobility. Standardization efforts also boost the market growth.

Geographical regions with high market concentration
North America accounts for the largest share of the desktop virtualization market in terms of value, led by advanced IT infrastructure and early technology adoption in countries like the US. Europe and Asia Pacific also contribute significantly led by growing enterprises.

Fastest growing region
The Asia Pacific region is poised to grow at the fastest pace during the forecast period due to growing enterprises, digital initiatives by governments and increasing internet connectivity in major countries like China and India creating conducive conditions for desktop virtualization adoption.

*Note:

  1. Source: Coherent Market Insights, Public sources, Desk research
  2. We have leveraged AI tools to mine information and compile it