"Mobility needs, cost efficiency, and security concerns propel Client Virtualization Market growth."
PORTLAND, ORIGON, UNITED STATES , November 16, 2023 /EINPresswire.com/ -- Upsurge in need to boost efficiency of employees, increase in adoption of BYOD across various industry verticals, enhancement in data security, and multiple benefits offered by these solutions such as enhanced data security, better desktop management, and increase in cost-savings associated with client virtualization market propel the growth of the industry. However, performance and compatibility issues of client virtualization solutions hinder the market growth. On the other hand, increased market for workspace as a service cooperatively bring opportunities for the market players in future.
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Increase in need to boost efficiency of employees, surge in adoption of BYOD across various industry verticals, enhancement in data security, and numerous benefits offered by these solutions drive the growth of the market. Based on organization size, the SMBs segment accounted for highest market share in 2017. Based on types, the desktop virtualization segment contributed for the major market share in 2017. The region across North America held the largest market share in 2017.
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The global client virtualization market is segmented based on type, organization size, industry vertical, and region. Based on organization size, the market is divided into large enterprises and small- and medium-sized businesses (SMBs). The SMBs segment contributed for nearly 60% of the total market share in 2017 and would continue its dominance through 2025, registering the fastest CAGR of 13.50% in between 2018 to 2025.
Based on types, the market is categorized into desktop virtualization, application virtualization, and presentation virtualization. The desktop virtualization segment accounted for more than half of the total market share in 2017 and would maintain its lion's share throughout the forecast period. However, the application virtualization segment is expected to grow at the fastest CAGR of 14.50% from 2018 to 2025.
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Region wise, the market is analyzed across North America, Europe, LAMEA, and Asia Pacific. The region across North America contributed nearly half of the total market share in 2017 and is anticipated to continue its dominance during the forecast period. However, Asia-Pacific would grow at the fastest CAGR of 15.80% from 2018 to 2025.
Key Market Players:
► Huawei Technologies Co., Ltd.
► Oracle Corporation
► IBM Corporation
► VMware, Inc.
► Microsoft Corporation
► Red Hat, Inc.
► Toshiba Corporation
► Cisco Systems, Inc.
► Parallels International GmbH.
► Citrix Systems, Inc.
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