Desktop Virtualization - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts 2019 - 2029

Desktop Virtualization - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts 2019 - 2029

The Desktop Virtualization Market size is estimated at USD 13.79 billion in 2024, and is expected to reach USD 22.83 billion by 2029, growing at a CAGR of 10.60% during the forecast period (2024-2029).

Desktop Virtualization is completely in sync with cost reduction. Hence, cost-effectiveness is expected to be a key driving factor for the growth of the market.

Key Highlights

• Desktop virtualization is valuable for small and medium businesses, as it lowers expenditure on hardware and reduces system administration and maintenance costs. It provides a superior computing experience and solves several complex problems. As a result, desktop virtualization has several benefits, such as a reduction of operational costs and increased user satisfaction, which is expected to fuel the growth of the desktop virtualization market during the forecast period.
• The growing adoption of cloud computing and increasing demand for BYOD in the workplace are significant factors driving this market. By implementing desktop virtualization, employers can leverage BYOD to boost the flexibility and security of both a remote workforce and those working in the office. Employees that use desktop virtualization have access to a secure, monitored desktop from almost any location and on any device.
• The ability to lower complexity and deliver apps to various mobile users is boosting the adoption of desktop virtualization in all types of businesses. The advancements in management and storage make it a more viable option, which is driving the adoption of the market worldwide.
• Infrastructural constraints are hindering the growth of the market. Desktop virtualization increases the complexity of delivering Windows desktops and applications. For virtual desktops to perform as intended, several layers of technology have to work in harmony. The need for new infrastructure, along with the costs associated with it, is one of the major constraints for the growth of the desktop virtualization market.
• The market has been brought to focus since COVID-19 because many businesses have turned to remote working. The lockdown and social distancing guidelines forced many businesses to make the necessary adjustments immediately and build the computer infrastructure needed to support their remote workers. Businesses have been using desktop virtualization solutions for a long time.

Desktop Virtualization Market Trends

Cloud Deployment Mode is Expected to Witness Significant Growth

• Various organizations are using cloud computing to reduce businesses' operational costs. Easy implementation, accessibility, and flexibility of cloud hosting are expected to drive organizations' adoption of cloud computing. Cloud deployment includes service models, such as Desktop-as-a-Service (DaaS), Workspace-as-a-Service (WaaS), and Application/Software-as-a-Service (SaaS). Desktop virtualization is offered as a service over cloud networks, with all computing and supporting infrastructure hosted on the service provider's end in the cloud deployment mode, which makes the migration of data between working environments easy.
• Application streaming over the cloud is gaining popularity in the industry, with many businesses choosing standalone application services. Cloud is preferred across industries, providing better scalability, data management, and cost savings. According to Flexera Software, in 2023, 47 percent of respondents are already running significant workloads on Amazon Web Services (AWS).
• Businesses can easily create new desktops for their workforce without needing to purchase physical PCs. When these resources are no longer needed, they can be turned off, at which point the customer is no longer billed. Although there are various pricing models, consumption-based pricing is a unique benefit of cloud desktops.
• Cloud deployment makes the migration of data between working environments easy. Also, companies have the option to scale up their requirements and procure additional computing power and data without the need for physical installation. This flexibility of DaaS enables better resource management.
• In June 2023, Cloud Software Group announced a partnership with Midis Group, in its collaboration to serve its channel and consumers in Eastern Europe, the Middle East, and Africa. The collaboration offers Cloud Software Group the local resources consumers need to help their transformative technology collaboration and the scale required to expand its presence in these regions.
• With servers and equipment hosted on the service provider's side, the need for technical staff and IT resources to maintain and operate systems is eliminated. In cloud-deployed desktop virtualization solutions, utilities and applications are updated automatically. Users do not need to be "pushed" for updates. The fact that users may access their virtual desktop or programs using almost any device means that regardless of whether they prefer PC, Mac, Linux, iOS, or Android, they will see the same applications that work in the same way and have them conveniently available whenever they need them.

North America is Expected to Hold the Largest Market Share

• The North American region is considered to be the global hub for many industry verticals, and as a result, it is the largest regional market for desktop virtualization. The United States is the largest consumer of desktop virtualization in North America. The presence of several cloud service providers and an increasing number of hosted servers in the United States have contributed to the growth of the market in North America.
• The presence of major companies in the United States has led to the setting up of new workspaces in Canada due to the proximity of its developed counterpart and emphasis on installing eco-friendly and energy-saving practices, thus bolstering the growth of the market across the region.
• The early adoption of new technologies by organizations in the region is the primary driving force behind global dominance. Large cloud service providers play a significant role in the growth of cloud-based desktop virtualization deployment in the region.
• The North American IT and telecommunications industry is the largest among other regional markets. Industries, such as banking, healthcare, and government organizations, handle large databases of sensitive information. They are looking forward to using desktop virtualization deployments, as they preserve the integrity of the intellectual property and simultaneously provide flexibility to users.

Desktop Virtualization Industry Overview

The Desktop Virtualization market is highly fragmented with the presence of major players like Citrix Systems Inc., IBM Corporation, Huawei Technologies Co. Ltd, Microsoft Corporation, and Toshiba Corporation. Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.

• November 2023 - Microsft has announced the General Availability of the latest new Azure Virtual Desktop Web Client User Interface. With this update, Users can Reset web client settings to their defaults, Switch between Light and Dark Mode, and View their resources in a grid or list format.
• July 2023 - Citrix has partnered with Twilio, one of the global leaders in customer engagement software. This partnership represents the commitment to provide integrated, high-performance solutions for the Citrix DaaS and Twilio Flex environments.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support