Desktop virtualization allows users to access their desktop environment through virtual desktop infrastructure (VDI) or desktop-as-a-service (DaaS) setup. It offers benefits such as centralized administration of systems, improved security by separating applications and data from devices, and BYOD enablement.
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:
The adoption rates of cloud computing and bring-your-own-device (BYOD) policies among organizations have increased significantly in recent years. Desktop virtualization technologies allow cloud and BYOD capabilities by separating an employee’s desktop environment from their physical device. This offers flexibility to access work applications and data from anywhere using any personal device such as laptops, tablets, or smartphones. By enabling a secure desktop virtualization platform in the cloud, organizations can efficiently manage compliance and security policies across all endpoints. This key trend of rising cloud and BYOD adoption is expected to significantly drive the demand for desktop virtualization solutions during the forecast period.
Segment Analysis
The global desktop virtualization market is segmented based on organization size, deployment, offerings, and end-use verticals. The SMEs segment held a dominant market share in 2020 owing to rising adoption of desktop virtualization solutions among SMEs to achieve operational efficiency. Desktop virtualization enables SMEs to adopt the latest technologies while reducing infrastructure costs.
Key Takeaways
The global desktop virtualization market is expected to witness high growth during the forecast period of 2024 to 2031. With a CAGR of over 9.6%, the market size is projected to increase from US$ 13.81 billion in 2024 to US$ 28.76 billion by 2031.
Regional analysis: North America accounted for the largest share of the global desktop virtualization market in 2020 and is expected to maintain its dominance during the forecast period. This is attributed to the presence of major desktop virtualization vendors and early adoption of advanced technologies in the region. Asia Pacific is expected to witness the fastest growth during the forecast period driven by growing investments in digital transformation initiatives across enterprises in developing economies like China and India.
Key players: Key players operating in the desktop virtualization market are Citrix Systems, VMware, Inc., Microsoft Corporation, Cisco Systems, Inc., IBM, Huawei Technologies Co., Ltd, Ericom Software, and Ncomputing. Citrix Systems dominates the market and offers desktop virtualization solutions like Citrix Virtual Apps and Desktops, Citrix DaaS, and Citrix Workspace. VMware also has a strong presence with its solutions VMware Horizon, Workspace One, and VMware DaaS. Enterprises are increasingly adopting multi-platform desktop virtualization offerings from these established vendors.
*Note:
- Source: Coherent Market Insights, Public sources, Desk research
- We have leveraged AI tools to mine information and compile it