In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022. Purchasing power in the country is expected to fell nearly by 2.5%.
On the other hand, European countries to see the worst coming in the form of energy crisis especially in upcoming winters!! Right after COVID-19, inflation has started gripping the economies across the globe. Higher than anticipated inflation, especially in western world had raised concerns for national banks and financial institutions to control the economic loss and safeguard the interest of the businesses. Increased interest rates, strong USD inflated oil prices, looming prices for gas and energy resources due to Ukraine-Russia conflict, China economic slowdown (~4% in 2022) disrupting the production and global supply chain and other factors would impact each industry negatively.
June 2021- Microsoft rebranded its virtual desktop infrastructure platform as Azure Virtual Desktop, and added several features for improving security and management for users.
April 2019- Fujitsu announced the launch of Virtual Desktop-as-a-Service platform, which is aimed at helping channel partners accelerate their transition for becoming service integrators.
Ans: The major factors driving market growth are growing adoption of digital workplace services, and increasing trend of using mobile devices and collaboration tools.
Ans: The market is anticipated to attain a CAGR of ~23% over the forecast period, i.e., 2022-2031.
Ans: The major players in the market are Microsoft Corporation, VMware Inc., Citrix Systems, Inc., Dell Technologies, Inc., Ericom Software, Inc., and others.
Ans: The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.
Ans: The market is segmented by deployment, solution, end use industry, and by region.
Ans: The IT & telecom segment is anticipated to hold largest market size and is estimated grow at a robust CAGR over the forecast period and display significant growth opportunities.
Ans: Mobility and cost-controlling challenges associated with virtual client computing are estimated to hamper the market growth.
Ans: Asia Pacific will provide more business opportunities for market growth owing to the rising rate of implementation of virtual client computing in data centers and BPOs in the region.