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According to the estimates by IMARC Group, the desktop virtualization market is expected to grow at a CAGR of around 13% during the forecast period (2021-2026).
The preference for desktop virtualization solutions is increasing as they offer additional security through resource centralization, policy-based access control and built-in data compliance.
One of the major trends in the market is the widespread adoption of Bring Your Own Devices (BYOD) and workplace-as-a-service (WaaS) in organizations.
Several organizations are adopting remote working models as governments have declared complete lockdowns and are promoting social distancing measures to contain the spread of the coronavirus disease (COVID-19). This has escalated the demand for desktop virtualization as it enables easy access to organization data from any location.
Base on the type, the market has been segmented into virtual desktop infrastructure (VDI), Desktop-as-a-Service (Daas) and remote desktop services (RDS).
On the basis of the component, the market has been bifurcated into software solutions and services.
On the basis of the organization size, the market has been divided into small and medium enterprises, and large enterprises.
Based on the vertical, the market has been segmented into BFSI, IT and telecom, education, healthcare, government, energy and utilities, manufacturing, and other sectors.
Region-wise, the market has been classified into North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others); Europe (the United Kingdom, Germany, France, Italy, Spain, Russia and others); Latin America (Brazil, Mexico and others); and the Middle East and Africa.
Leading industry players are Cisco Systems Inc., Citrix Systems Inc., Dell Technologies Inc., Ericom Software Inc, Hewlett Packard Enterprise Development LP, Huawei Technologies Co. Ltd., International Business Machines Corporation, Microsoft Corporation, NComputing Co. Ltd. (ZeroDesktop Inc.), Oracle Corporation and Corel Corporation.
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