Virtual Desktop Infrastructure Market Projected to Reach $30 Billion by 2026
As businesses worldwide attempt to become more agile, global, virtual and secure, virtual desktop infrastructure has been gaining traction across several industry segments in recent years.
October 16, 2020
In recent months, organizations worldwide have switched to remote work policies and are dependent on virtual desktop infrastructure (VDI) solutions to keep operations going, according to a recent study from market research firm Global Market Insights. It was estimated that around 63% of US employees are working from home during the pandemic. This has led to an increase in the demand for workforce mobility and teleworking, generating lucrative growth opportunities for market expansion of VDI technologies.
As businesses worldwide attempt to become more agile, global, virtual and secure, VDI has been gaining traction across several industry segments in recent years. Industries like information technology and telecom services have started adopting VDI solutions to facilitate access to the internal resources to their remote employees.
The COVID-19 pandemic has brought about a transformation across major business, the global VDI market being one of them. Lockdown measures being implemented to curb the COVID-19 pandemic across major regions such as Asia, North America and Europe are likely to accelerate VDI industry growth over the forecast period.
These solutions help companies to decrease the maintenance overheads required to maintain physical network infrastructure. The adoption of VDI solutions by IT & telecom is anticipated to grow quite considerably—in fact, VDI market from IT & telecom segment may depict 14% compounded annual growth rate through 2026.
As virtualized environments have become increasingly complex, the efficient hardware setup for VDI is of paramount importance. The hardware components used in this infrastructure are categorized as client-side and server-side. The client-side hardware comprises end-user computing devices like smartphones, laptops and PCs.
The server-side hardware components are used per management capabilities to handle several VDI technologies for users. The hardware segment in the virtual desktop infrastructure market is expected to record around 18% CAGR over the forecast period.
On the regional front, North America is expected to offer growth opportunities to the VDI market. North America is currently one of the most impacted regions in the world with the U.S holding the first rank in the list of the world’s most affected nations, due to the pandemic. This has prompted companies to opt for a flexible work environment, which will drive VDI market growth. The strong presence of regional industry players such as Red Hat Inc., Citrix Systems Inc. and AWS is further expected to improve the virtual desktop infrastructure business outlook, according to Global Market Insights.
It is important to mention that companies operating in this market are focusing on the development of cutting-edge VDI solutions. Citing an instance to highlight the same, in August 2020, VMware Inc. introduced Horizon 8.0 with new functional capabilities and enhancements capabilities. The new additions include expanded multi-cloud deployment and hybrid deployment options, Horizon REST APIs, instant clone smart provisioning, and Linux hosted applications. This launch also helped the firm to offer secure virtual workspaces.
Key Companies covered in the VDI market are Amazon Web Services, Inc. (Amazon.com, Inc.) Cisco Systems, Inc., Citrix Systems Inc., Ericom Software Inc., Evolve IP, LLC., HP Enterprise Co., Huawei Technologies Co., Ltd., IBM Corporation, IGEL Technology, Intel Corporation, Microsoft Corporation, NComputing Co., Ltd. , Neverfail, Inc., Nutanix Inc., NVIDIA Corporation, Parallels International GmbH, RedHat Inc., Vagrant (HashiCorp Inc.) and VMware, Inc.
Sources: Press materials received from the company and additional information gleaned from the company’s website.
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