Global Cloud-based VDI Market Size By Deployment Model(Public Cloud, Private Cloud, Hybrid Cloud), By End-User(BFSI, IT and Telecommunications, Government, Consumer Goods), By Geographic Scope And Forecast
Global Cloud-based VDI Market Size By Deployment Model(Public Cloud, Private Cloud, Hybrid Cloud), By End-User(BFSI, IT and Telecommunications, Government, Consumer Goods), By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
Cloud-Based VDI Market size was valued at USD 5.62 Billion in 2021 and is projected to reach USD 22.00 Billion by 2030, growing at a CAGR of 16.37% from 2023 to 2030.
It looks like the growing popularity of expanded reality and virtual reality in industries like healthcare and manufacturing is really fueling the demand for Cloud-Based VDI. This, in turn, is boosting the market, especially in North America and Europe. Now, Latin America, the Middle East, and Africa (LAMEA) probably won't make up a huge slice of the global Cloud-Based VDI market compared to other areas, mainly because smartphones are pretty common throughout Latin America. However, the Middle East and Africa are expected to become more popular as they start putting more money into their IT infrastructure. On the flip side, it's worth noting that not everyone is aware of the software, and there aren't enough experts to handle the installations, which could slow things down during the forecasted timeframe.
Global Cloud-Based VDI Market Definition
Think of a cloud-based virtual desktop infrastructure (VDI) as a cool way for companies to set up virtual desktops on a server somewhere else. It's like using cloud storage to send a virtual desktop image over the internet to your computer or even your phone! You get to use the operating system and your favorite apps as if they were right there. Plus, it's more secure, you can access it from almost any device, and it can save money. Because of all these perks, you'll see it used everywhere from banking, financial services, and insurance (BFSI) to healthcare and good old information technology (IT).
Global Cloud-Based VDI Market Overview
VDI? Yeah, it's always been seen as a money pit. But hey, with cloud computing taking off, we're talking about a game-changer – a managed and, get this, affordable platform that could totally revamp how companies do IT. Think about itVDI keeps data flowing smoothly, especially for those of us using tablets, tablet computers, and smartphones on the go. That's a big reason why the Cloud-Based VDI market is expected to blow up! And with everyone wanting to virtualize everything, the market’s just gonna keep growing. This whole virtualized infrastructure thing really cuts down on service delivery and application costs, because all the computing magic happens centrally with the service provider. Plus, you can customize everything to fit exactly what your users need.
The rise in complexities related to the IT scene, alongside expanding demand for cloud administrations, is anticipated to complement market development over another six long times. Further, the rising demand for support of portable devices owing to the organizational move towards a mobile workforce through Bring Claim Gadgets (BYOD) arrangements are anticipated to offer profitable growth opportunities for the market. Rising innovative advancements in versatile innovation at the side of its expanding appropriation within the undertaking section are expected to drive the market request over the estimated period. Furthermore, the growing adoption of crossover cloud arrangements owing to its tall capability of advertising optimized accounts compared to cloud-based and on-premise models is anticipated to raise Cloud-Based VDI market development. Expanding demand for Desktop-as-a-Service (DaaS) market is expected to trigger the need.
However, the necessity of high capital use for setting up the framework alongside the obtainment of vital computer programs and applications requires high starting capital use, which is anticipated to serve as a significant limitation for the Cloud-Based VDI showcase. In expansion, developing concerns relating to cyber-attacks may too posture a challenge to industry development over the coming years..
Market Attractiveness
The image of market attractiveness provided would further help to get information about the region that is majorly leading in the global Cloud-Based VDI market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.
Porter’s Five Forces
The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. The porter’s five forces model can be used to assess the competitive landscape in global Cloud-Based VDI market, gauge the attractiveness of a certain sector, and assess investment possibilities.
Global Cloud-Based VDI Market Segmentation Analysis
The Global Cloud-Based VDI Market is segmented on the basis of Deployment Model, End-User, and Geography.
Cloud-Based VDI Market, By Deployment Model
• Public Cloud• Private Cloud• Hybrid Cloud• Others
Based on Deployment Model, the market is bifurcated into Public Cloud, Private Cloud, Hybrid Cloud, and Others. According to statistics, the public cloud deployment strategy has the most significant market share. Utilizing the Public Cloud has benefits such as deployment convenience and simplicity. There are no duties associated with managing the infrastructure, and there is a minimum initial investment needed for the implementation.
Based on End-User, the market is segmented into BFSI, IT and Telecommunications, Government, Consumer Goods, Retail, Healthcare, Manufacturing, and Others. The IT and Telecommunications segment holds many shares in the market because of the increasing use of cloud-based solutions in IT enterprises for data storage and management. Due to fast storage, productivity and performance, and reliability in adopting cloud-based solutions. Healthcare is the fastest-growing segment in the market because of the increasing use of cloud-based software, mobile applications, wearable healthcare devices, and intelligent healthcare tools.
Cloud-Based VDI Market, By Geography
• North America• Europe• Asia Pacific• Latin America• Middle East and Africa
Based on Regional Analysis, The Asia-Pacific cloud-based VDI market is anticipated to enlist the highest CAGR amid the estimated period, owing to extended government investing in constructing intelligent cities and fortifying financial development. In expansion, the rise in ventures in digitalization from the creating nations such as China, India, and Japan is anticipated to offer good openings for a market extension.
Key Players
The key players include in the global Cloud-Based VDI market include Amazon.Com, Inc. (Amazon Web Services, Inc.), Cisco Systems, Inc., Citrix Systems, Inc., Dell Technologies Inc., Hp Inc. (Hp Development Company, L.P.), IBM Corporation, Microsoft Corporation, Ncomputing Co., Limited, Rackspace Inc., Vmware, Inc.
Key Developments
• December 01, 2022 – AWS reInvent, Amazon Web Services, Inc. (AWS), an Amazon.com company (NASDAQAMZN), and Slalom, LLC (Slalom), a global business and technology consulting company, announced a multiyear extension to the companies’ global Strategic Collaboration Agreement (SCA). The two companies will work together to develop vertical solutions and accelerators on AWS for customers in the energy, financial services, healthcare, life sciences, public sector, and media and entertainment industries, delivering specialized end-to-end cloud migration and modernization services to help accelerate their cloud journeys.
• November 30, 2022 – AWS reInvent, Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQAMZN), and Atos (EPAATO), a global leader in digital transformation, high-performance computing, and information technology infrastructure, announced a global Strategic Transformation Agreement that enables Atos customers with large-scale infrastructure outsourcing contracts to accelerate workload migrations to the cloud and achieve digital transformation. The multi-year, industry-first agreement extends the strategic relationship between Atos and AWS, with Atos selecting AWS as its preferred enterprise cloud provider and AWS naming Atos as a strategic partner for IT outsourcing and data center transformation.
• Feb. 1, 2023 – IBM and NASA’s Marshall Space Flight Center announced a collaboration to use IBM’s artificial intelligence (AI) technology to discover new insights in NASA’s massive trove of Earth and geospatial science data. The joint work will apply AI foundation model technology to NASA’s Earth-observing satellite data for the first time.
Ace Matrix Analysis
The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.
Report Scope
REPORT ATTRIBUTES
DETAILS
STUDY PERIOD
2019-2030
BASE YEAR
2022
FORECAST PERIOD
2023-2030
HISTORICAL PERIOD
2019-2021
UNIT
Value (USD Billion)
KEY COMPANIES PROFILED
Amazon.Com, Inc. (Amazon Web Services, Inc.), Cisco Systems, Inc., Citrix Systems, Inc., Dell Technologies Inc., Hp Inc. (Hp Development Company, L.P.), IBM Corporation, Microsoft Corporation, Ncomputing Co., Limited, Rackspace Inc., Vmware, Inc.
SEGMENTS COVERED
By Deployment Model, By End-User, and By Geography.
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