Desktop virtualization refers to technologies that separate personal computing into independent components, including a centralized server host and a remote graphical user interface that allows access to virtualized applications and data. With increasing digital transformation across industries, desktop virtualization provides several advantages such as centralizing IT infrastructure, enhanced security, flexible access to applications and data, reduced operational costs, easy manageability of endpoints, and streamlined compliance of applications. The global desktop virtualization market is estimated to be valued at US$ 13.81 billion in 2024 and is expected to exhibit a CAGR of 9.6% over the forecast period 2024-2031, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
One of the key trends driving the growth of the desktop virtualization market is the increased adoption of modern workspace solutions by organizations. Modern workspace solutions leveraging latest desktop virtualization technologies allow enterprises to empower a distributed and remote workforce with secure access to any application or data from any device or location. This offers benefits such as enhanced employee productivity and experience, optimized costs, centralized IT infrastructure and management, and streamlined compliance with regulatory requirements. Statistics show that around 65-70% of the global workforce is estimated to be remote by the end of 2024, up from about 10% pre-pandemic levels. This has accelerated the demand for desktop virtualization technologies to support modern digital workspaces and hybrid work models. The need for robust and scalable virtual desktop solutions will continue to rise with the growing trend of remote and distributed workforce.
Segment Analysis
The global desktop virtualization market is segmented on the basis of organization size, deployment, virtualization type, and end-use industry. Based on organization size, the large enterprise segment is expected to dominate the market during the forecast period. Large enterprises are increasingly adopting desktop virtualization solutions to offer increased flexibility, lower costs, and enhance IT security. They have large annual IT budgets which allows them to invest heavily in advanced IT infrastructure including desktop virtualization.
Key Takeaways
The global desktop virtualization market is expected to witness high growth during the forecast period of 2024 to 2031.
Regional analysis: North America currently dominates the global market and is expected to continue its dominance during the forecast period. High adoption of advanced technologies and strong presence of key players in countries like the US and Canada are fueling market growth in the region.
Key players: The global desktop virtualization market is highly competitive with key players focusing on product innovation and mergers & acquisitions to gain market share and leverage new opportunities. 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.
*Note:
- Source: Coherent Market Insights, Public sources, Desk research
- We have leveraged AI tools to mine information and compile it
