NEW YORK, Sept. 24, 2015 /PRNewswire/ -- Desktop Virtualization is one of the top priorities for all IT companies. It has gained much importance over the past decade on account of different enterprises facing intense competitve pressure leading to cut down their opreational costs. Desktop virtualization involves the separation of the physical client device from the operating system. This allows users to access their data from anywhere and anytime.
The economic factors and competitiveness are pushing enterprises to implement solutions which help in cost reduction of their Information Technology expenditures and focus on core business areas. The trend has gain prominence after the recession of 2007, which has forced enterprises across the world to look for solutions which can meet these objectives. Apart from large enterprises, many small and medium scale companies in North America have also started migration to virtual desktop environment. Increasing mobile workforce and need for greater security are some of the major driving forces for market's growth.
Desktop Virtualization Market is estimated to grow rapidly at a CAGR of 54.59% for the next five years. North America is the major market for Desktop Virtualization solutions with a share of 65% followed by Europe (18%) and Asia Pacific (10%) respectively. For industry-wise implementation, Financial services such as banking and Insurance leads contribute maximum to the Desktop Virtualization revenues with an estimated share of 31% followed by Healthcare at 12%, and Government at 9% respectively. Security concern is one of the major driving factors for the market's growth in these industry verticals.
Some of the major vendors mentioned in the report are Citrix, VMware, Ncomputing, Moka5 and others.
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