The Desktop Virtualization Market was estimated to be worth USD 18.67 billion in 2022 and is anticipated to increase from USD 22.63 billion in 2023 to USD 101.45 billion by 2030, with a CAGR of 23.9% over the forecast period.
Desktop virtualization provides access to simulated infrastructure that is always available from anywhere using connected devices. The market growth is anticipated to be accelerated by the sharp rise in remote users and the virtually ubiquitous work-from-anywhere policies across enterprises. Similar to this, the rate of demand is likely to increase as cloud solutions and services are increasingly adopted. Organizational investments are being boosted by the availability of affordable remote workplace solutions. Additionally, businesses are working with solution providers to make significant investments in and improvements to their virtualization capabilities as a result of the rapidly expanding cloud transformation.
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Which company dominates the Global Desktop Virtualization Market?
- Microsoft Corporation (U.S.)
- Oracle Corporation (U.S.)
- Citrix Systems, Inc. (Vista Equity Partners Management, LLC) (U.S.)
- Cisco Systems, Inc. (U.S.)
- IBM Corporation (U.S.)
- Google LLC (U.S.)
- Amazon Web Services, Inc. (U.S.)
- VMware Inc. (U.S.)
- DXC Technology Company (U.S.)
- Kyndryl, Inc. (U.S.)
What are the factors driving the growth of the Desktop Virtualization Market?
The IT infrastructure has undergone significant change over time across all industries. With the rise in the culture of work-from-anywhere, the workplaces are also undergoing significant changes. Furthermore, COVID-19 sparked a change that fueled the hybrid workplace across numerous industries. It appears that this change in the workplace has compelled management and businesses to implement desktop virtualization capabilities. The "how, why, and where we work" strategies for a future-ready workspace are a focus for 26% of global CEOs, according to the Accenture Future of Work Study 2021. Therefore, it is crucial for businesses to take into account virtualization solutions for business continuity.
What are the market's geographic insights for the Desktop Virtualization Market?
Geographically, there are five main regions that make up the market: North America, South America, Europe, the Middle East & Africa, and Asia Pacific. They are divided further into nations.
An important portion of global market revenue is held by North America. The region's market growth is anticipated to be boosted by the adoption of cloud solutions and digital transformation, which is expanding significantly. During the forecast period, the U.S. is anticipated to have a significant revenue share in the region. According to the McKinsey American Opportunity Survey Spring 2022, 87% of American workers are given the option of three flexible remote workdays per week and at least some remote work opportunities.
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An overview of the report
- The report comprehensively analyzes recent and anticipated market trends to help investors find investment opportunities.
- Market predictions through 2030, starting from estimated market values
- Market trends that are significant across industries, regions, and countries
- Market strategies and significant developments observed
- Market dynamics like drivers, obstacles, opportunities, and other trends require
- comprehensive company profiles of significant players, both established and emerging
- Emerging economies are anticipated to grow through 2030.
Analysts have segmented the "Desktop Virtualization Market" into application, type, and regional segments to aid market participants in better understanding the market. Each element clearly demonstrates the variables that are most likely to have an impact on it and the variables that are anticipated to have a limit. The reader can access specific market updates thanks to the segmented explanation. The market research report on Desktop Virtualization Market Trends also discusses evolving environmental concerns, shifting political environments, and various government approaches to regulatory reforms.
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