Sales in the global desktop as a service (DaaS) market are slated to top US$ 5.5 Bn in 2022. Expanding at a healthy 18.1% CAGR, the market size is projected to total US$ 17.8 Bn by 2029.
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Key Takeaways from Desktop-as-a-Service Market Study
- Most of the desktop-as-a-service solution providers are eyeing to expand their operations in Asia Pacific region as the region is witnessing rapid growth in cloud computing industry and continuous evolution in IT infrastructure models.
- Desktop-as-a-service is proving to be successful for small and medium enterprises due to low IT budget concerns. Moreover, the adoption of desktop-as-a-service is increasing among large enterprises for agile and temporary use cases.
- Data privacy and security remain a key challenge for the growth of desktop-as-a-service market. However, with high innovation in cloud security area, this limitation is likely to be addressed in the near future.
- Most of the desktop-as-a-service solution providers are focusing on partnering with the hyper scale vendors to leverage platform agility and offer customer choice a choice for desktop-as-a-service solutions with enhanced security options.
- Demand for desktop-as-a-service in BFSI industry is likely to increase at whopping CAGR of ~22% during the forecast period.
Growth of Cloud Computing to Augur Well for DaaS Market
Cloud computing has been developed for approximately two decades, and it offers businesses with many benefits, which include business efficiencies and cost benefits. With the growing number of web-enabled devices used in today’s business environment, such as smartphone and tablets, access to data is becoming easier and it is encouraging businesses to adopt desktop-as-a-service solutions. In addition to this, the increasing adoption of advanced technologies such as advanced analytics, robotics, and artificial intelligence solutions are expected to have a positive impact on the growth of desktop-as-a-service market.
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- Desktop-as-a-Service Solution
- Services
By Enterprise Size:
- Small & Medium Enterprises
- Large Enterprises
By Deployment:
- Public
- Private
- Hybrid Cloud
By Industry:
- BFSI
- Media & Entertainment
- Government
- IT & Telecom
- Healthcare
- Manufacturing
- Education
- Others
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific excluding Japan
- Japan
- Middle East & Africa
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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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