According to a new report by Allied Market Research, titled, “Cloud-based VDI Market by Deployment Model, User Type and End User: Global Opportunity Analysis and Industry Forecast, 2017-2023,” the global cloud-based VDI market was valued at $ 3,654 million in 2016, and is projected to reach at $ 10,154 million by 2023, growing at a CAGR of 16.5% from 2017 to 2023.
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North America was the highest revenue contributor to the global cloud-based VDI market in 2016, accounting for around 41.1% share, owing to surge in demand for enterprise mobility and extensive wireless connectivity. In addition, the market in Asia-Pacific is projected to grow at the highest CAGR of 18.8% during the forecast period, due to increase in internet penetration, upsurge in the investment on digitalization, and significant economic growth. Furthermore, rise in demand across various industry verticals such as healthcare, education, financial services, and manufacturing is fueling the growth of cloud-based VDI in other emerging markets such as Latin America and the Middle East & Africa.
Surge in ICT expenditure and increase in cloud adoption across the end users, including small & medium enterprise and large enterprise are anticipated to augment the market penetration. The prominent markets, such as Asia-Pacific and Europe, with developed cloud infrastructure, high adoption of Internet of Things (IoT) technology, and surge in demand for more flexibility in the business process are anticipated to fuel the market growth in the near future.
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The report features a competitive scenario of the cloud-based VDI market and provides a comprehensive analysis of key growth strategies adopted by major players. The key players profiled in the study are Amazon Web Services, Inc., Cisco Systems, Citrix Systems, Inc., Dell Inc., HP Development Company, L.P., IBM Corporation, Microsoft Corporation, NComputing Co. LTD, Rackspace, Inc., and VMware. These players have adopted competitive strategies such as innovation, new product development, and market expansion to boost the growth of the global market.
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