Client Virtualization Market Expected to Surpass $10,113 Million,Globally, by 2020
industrydailyobserver.com | July 03, 2019
Increase in need to boost efficiency of employees, rise in adoption of BYOD across various industry verticals, enhancement in data security, and numerous benefits offered by these solutions such as enhanced data security, better desktop management, and increase in cost-savings associated with client virtualization solutions drive the growth of the industry. All these factors collectively provide opportunities for the market players in future. However, performance and compatibility issues of client virtualization solutions hinder the market growth. The healthcare segment would grow at the fastest CAGR of 16.70% during the forecast period. This is due to the surge in demand for client virtualization solutions in the healthcare sector to meet the unique challenges associated with the increasing need to shift from paper-based operations to electronic records and augmented demand for safeguarding patient information. However, the IT & telecom segment generated the highest market share of 23% in 2017 and is expected to remain dominant throughout the forecast period. The desktop virtualization solution is widely used by IT & telecom organizations to create an agile IT infrastructure which complement their business imperatives. Moreover, increased need for reducing IT infrastructure costs among these organizations drive the market growth. The study also analyzes construction & manufacturing, BFSI, public sector, retail, education, and other industry verticals.