Desktop as a Service to Exhibit Impressive Rate of Adoption with Rapid Shift of Businesses to ‘Cloud-first’ Environment
DUBAI, United Arab Emirates, Feb. 10, 2022 (GLOBE NEWSWIRE) -- 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.
As per the findings of new market research report by Future Market Insights (FMI), worldwide adoption of the desktop-as-a-service (DaaS) Market reached ~US$ 5.5 Bn in 2022 and the market is anticipated to grow at a CAGR of ~18.1% during the forecast period.
The rising adoption of cloud-based solutions and services, climbing ICT investments, increasing penetration of smart devices, and increasing digitalization at workspace are the key factors shaping the growth of Desktop-as-a-service Market.
| Attribute | Details |
| Desktop as a Service (DaaS) Market Estimated Size 2022 | US$ 5.5 Bn |
| Desktop as a Service (DaaS) Market Value-based CAGR (2022-2029) | ~ 18.1% |
| Desktop as a Service (DaaS) Market Size in Projected 2029 | US$ 17.8 Bn |
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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.
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Scope of the Report
| Attribute | Details |
| Forecast Period | 2014-2021 |
| Historical Data Available for | 2022-2029 |
| Market Analysis | Units for Volume and US$ Bn for Value |
| Key Regions Covered | North America, Latin America, Eastern Europe, Western Europe, Asia Pacific excluding Japan, Japan, and the Middle East & Africa. |
| Key Countries Covered | United States, Canada, Brazil, Mexico, Germany, UK, France, Italy, Spain, Nordic, Russia, Poland, China, India, Thailand, Indonesia, Australia and New Zealand, Japan, GCC countries, North Africa, South Africa, others. |
| Key Market Segments Covered | Solution, Enterprise Size, Deployment, Industry, and Region |
| Key Companies Profiled | • Cisco Systems, Inc. • Fujitsu • NetApp • Citrix Systems, Inc. • NTT Communications Ltd. • VMware • Microsoft Corporation • IBM Corporation • Cloudalize • Amazon Web Services |
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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The global desktop-as-a-service market continues to witness a fair degree of consolidation in competition landscape, with tier-1 vendor accounting for 50% revenue share. Some of the key players in the desktop-as-a-service market are Amazon Web Services, VMware, IBM, Microsoft, NetApp, Cloudalize, and Fujitsu, and Citrix Systems. Leading companies are focusing on partnerships and collaborations with cloud IT service providers to help businesses simplify the process to move workloads and data to the cloud.
Desktop as a Service (DaaS) Market by Category
By Solution:
- Desktop-as-a-Service Solution
- Services
- Consulting
- Technical Support
- Managed 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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About the Report
This FMI report offers an extensive analysis of the global desktop as a service market over the forecast period of 2022-2029. The report covers exhaustive actionable insights on the key market growth influencers, with emphasis on opportunities and trends that are expected to be shaping the market in the near future. The report also sheds light on competitive scenario of the global Daas market to help potential market entrants.
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About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
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