Research Nester’s recent market research analysis on “Desktop-as-a-Service (DaaS) Market: Global Demand Analysis & Opportunity Outlook 2035” delivers a detailed competitors analysis and a detailed overview of the global desktop-as-a-service (DaaS) market in terms of market segmentation by type, deployment type, enterprise size, end-user, and by region.
Growing Penetration of Desktop, Laptops, and Smartphones in Workspace to Drive Growth of Global Desktop-as-a-Service (DaaS) Market
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The global desktop-as-a-service (DaaS) market is estimated to grow majorly on account of the growing number SMEs using DaaS owing to its cost effectiveness and convenient implementation. These types of enterprises do not have large sum to spent on digital assets which makes it quite suitable for SMEs. As of 2022, approximately 60 million MSMEs were observed to be present solely in India while in 2021, around 300 million SMEs were found across the globe. Furthermore, higher prevalence of IoT in working environment and surge in the adoption of work from home is also expected to drive the global desktop-as-a-service (DaaS) market growth over the forecast period. Work from home is considered to be most suitable for women around the world. In India nearly 60% women prioritize work from home culture since it is safe and avoid manual labor.
Moreover, approximately 80% of the employees were observed to prefer full-time work from home. Additionally, surge in the cloud computing services backed by the rapid adoption of 5G technology owing to the access to high internet speed. Internet with high speed makes it easier to enjoy cloud computing services to the fullest. It was observed that approximately USD 375 billion were exhibited by one of the strongest segments of IT industry that is cloud computing. Therefore, all the factors are projected to propel the growth of the market over the forecast period.
Some of the major growth factors and challenges that are associated with the growth of the global desktop-as-a-service (DaaS) market are:
Growth Drivers:
· Launch of 5G Technology with High-Speed Internet Connection
· Increasing Trend of Work from Home
Challenges:
Concerns over data privacy and security and lack of awareness regarding the benefits of DaaS worldwide are some of the major factors anticipated to hamper the growth of the global desktop-as-a-service (DaaS) market.
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By enterprise size, the global desktop-as-a-service (DaaS) market is segmented into small & medium sized enterprises, and large enterprises. The small & medium sized enterprises segment is to garner a highest revenue by the end of 2035 by growing at a significant CAGR over the forecast period. The growth of the segment can be ascribed to the fact that small & medium sized enterprises have less amount to pay for digital services and since DaaS requires low capital, it is highly adopted by the SMEs across the globe. SMEs are facilitated by the DaaS to adopt desktop virtualization services at a affordable price. For instance, approximately USD 1 trillion were allotted to be spend on the digital transformation enterprises worldwide in 2021 which may hit USD 6 trillion in 2023. Hence, such factors are estimated to propel the growth of the segment over the forecast period.
By region, the Asia Pacific desktop-as-a-service (DaaS) market is to generate the highest revenue by the end of 2035. This growth is can be accounted the growing IT infrastructure in the region that is expected to provide highly advanced cloud computing services to which makes the implementation of desktop-as-a-service (DaaS) quite convenient. Cloud computing services helps in the access of desktop-as-a-service (DaaS) from any corner of the world where end-users can log-in and log-out without any trouble along with the flexible functionality of the desktops. As of 2022, the It spending in Asia Pacific region was estimated to reach around USD 550 billion.
This report also provides the existing competitive scenario of some of the key players of the global desktop-as-a-service (DaaS) market which includes company profiling of VMware, Inc., Citrix Systems, Inc., Microsoft Corporation, Venn Group Limited, Google Cloud, Amazon Web Services, Inc., Citrix Systems, Inc., Nutanix, Inc., SolarWinds Worldwide, LLC, Parallels International GmbH, and others.
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