End User Computing Market Worth $11.17 Billion by 2023
PUNE, India, September 10, 2018 /PRNewswire/ --
According to a new market research report "End User Computing Market by Solution (Virtual Desktop Infrastructure, Device Management, Unified Communication, and Software Asset Management), Service (Consulting, Support and Maintenance, Training and Education, and Managed Services), Industry Vertical, and Region - Global Forecast to 2023", published by MarketsandMarkets™, the global market size is expected to grow from USD 6.11 billion in 2018 to USD 11.17 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 12.8% during the forecast period.
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The growth of the market is driven by a strategic shift toward EUC, due to the increasing demand for mobility solutions by organizations and the migration of organizations toward desktop virtualization infrastructures to increase the productivity and efficiency of employees by streamlining all these technologies through EUC solutions.
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The VDI segment is expected to play a key role in the EUC market
The Virtual Desktop Infrastructure (VDI) segment is expected to play a key role in the EUC market and projected to grow at the highest CAGR during the forecast period. With the organizations' focus toward virtualized infrastructures, the need for desktop virtualization infrastructure solutions has increased. Cost reductions on hardware infrastructure, increased efficiency of employees, and the capability to support workforce on any device are some of the factors that would help in the large-scale adoption of these solutions.
The managed services segment is expected to grow at the highest CAGR during the forecast period
The managed services segment is expected to grow at the highest CAGR during the forecast period. Managed services, apart from managing the deployed EUC solutions, also maintain the hardware, network, and software, and provide inventory tracking, remote support, client-hosted operations, and build-operate-transfer services. The growing demand for maintaining and updating the EUC solutions periodically post-deployment has increased the demand for managed services. Moreover, it has become difficult for companies to focus on their core business processes and support various other functions while managing the deployed solutions. Therefore, companies prefer adopting managed services for deploying EUC solutions to provide dedicated hosting and maintenance services.
North America is estimated to account for the largest market size in 2018, whereas APAC is expected to be the fastest-growing region during the forecast period
Owing to the presence of a large number of EUC vendors, North America is estimated to account for the largest market size in the global EUC market in 2018, whereas Asia Pacific (APAC) is expected to be the fastest-growing region during the forecast period. With the proliferation of mobile devices and Bring Your Own Device (BYOD) trend, enterprises are looking for technologies and methods that can tap digital opportunities and EUC solutions are proving to be a viable option to achieve this purpose in these regions. Furthermore, the EUC market in Europe and Latin America is expected to grow, due to the increasing demand for virtualization solutions, as the enterprises in these regions are slowly moving away from the legacy desktop infrastructure.
The major vendors in the End User Computing Market include IGEL (Europe), Genpact (US), Tech Mahindra (India), Mindtree (India), Nucleus Software (India), Patriot Technologies (US), NetApp (US), Connection (US), HCL Infosystems (India), Synapse360 (UK), Hitachi Systems Micro Clinic (India), IDS (US), CSS Corp (India), SITA (Switzerland), Infosys (India), Data Integrity (Canada), Fujitsu (Japan), Focus Technology Solutions (US), SMP-Corp (US), Emerio (Singapore), Fortem Information Technology (UK), Serole Technologies (Australia), The Ergonomic Group (US), Coreio (Canada), and Emtec (US).
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