Singapore Virtual Desktop Market Size was valued at USD 14.94 million in 2022. The Singapore Virtual Desktop market industry is projected to grow from USD 18.44 million in 2023 to USD 125.21 million by 2032, exhibiting a compound annual growth rate (CAGR) of 23.7% during the forecast period (2023 - 2032). Rising Adoption of BYOD Need to Increase Productivity of Employees are the key market drivers boosting the growth of the Singapore Virtual Desktop market.
FIGURE 1: SINGAPORE VIRTUAL DESKTOP MARKET SIZE 2019-2032 (USD MILLION)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
The Internet of Things (IoT) is a network that connects anything to the Internet using pre-determined protocols and information sensing equipment to perform data exchange and communications to achieve smart recognitions, locating, tracking, monitoring, and administration. The Internet of Things (IoT) is a global infrastructure for the information society that connects (physical and virtual) things using existing and evolving interoperable information and communication technologies to enable improved services. IoT comprises advanced communication platforms and cloud computing solutions that offer seamless integration of applications, devices, services, networks, and gateways. However, various security-related issues arise owing to the complexity of the IoT networks. To ensure efficient working of the IoT systems, the networks should be best in all aspects such as physical, operational technology, and cybersecurity.
VDI (virtual desktop infrastructure (VDI)) has a strange effect on data centers. While the technology has allowed for greater efficiency through consolidation, it has also placed additional demands on the infrastructure of data centers. The advantages of VDI include greater security, increased management for the IT department, and the possibility to minimize year-over-year desktop hardware refresh expenses. The advent of VDI can shift the control of the desktop environment to centralized data centers. The adoption of VDI in data centers helps in enhancing safety with greater control over IT, thus reducing the year-over-year desktop hardware refresh costs.
Based on type, the Singapore Virtual Desktop market segmentation includes on-premises VDI and cloud-based VDI. Cloud VDI held the majority share in 2022, contributing around ~59.3% to the market revenue. The process of enabling remote desktop virtualization with the help of cloud computing technology is referred to as cloud based VDI. Cloud-based VDI can be categorized into managed cloud VDI and desktop as a service (DaaS). Managed cloud VDI outsources virtualization services via VDI technology. Providers of DaaS are responsible for hosting and maintaining the infrastructure, including accessibility, computing, and storage. Cloud-based virtual desktop infrastructure (VDI) increases the user capability; it can be deployed on traditional servers such as Windows Server 2012 R2 and Windows Server 2008 R2.
FIGURE 2: SINGAPORE VIRTUAL DESKTOP MARKET, BY TYPE, 2022 VS 2032 (USD MILLION)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Based on Application, the Singapore Virtual Desktop market segmentation includes IT & Telecommunication, Media & Entertainment, Education, Healthcare, BFSI, Retail, Manufacturing, Government, and Others. The IT & Telecommunication held the majority share in 2022. Many IT & telecommunication organizations implement VDI to improve the clients' system security and encourage enterprise mobility. VMware NSX for Horizon is a product developed to provide centralized desktops and applications to protect the data and prevent unauthorized access. Citrix Systems has developed solutions to give employees the freedom to work from anywhere, which reduces infrastructure costs.
With a strong presence across different verticals and geographies, the Singapore Virtual Desktop market is highly competitive and dominated by established, pure-play vendors. Over 20 vendors cater to this market, and they continually innovate their solutions to meet the evolving needs of businesses by adopting new technologies. These vendors have a robust geographic footprint and partner ecosystem to cater to diverse customer segments. The Singapore Virtual Desktop market is highly competitive, with many vendors offering similar products and services.
The major players in the market include Nutanix, Vmware, Inc., Citrix Systems, Inc., Microsoft, Red Hat, Inc. (IBM), Hewlett Packard Enterprise Development LP, Amazon Web Services, Inc., Cisco, Cloud4C, VST ECS, Parallels (A Corel Company), Huawei Technologies Co., Ltd., and NComputing Co. LTD, Industries Corporation constantly takes on new challenges to ensure the stability of its management foundation by extending its reach into business fields such as engine production, vehicle assembly, and the development and production of lift trucks and car air-conditioning compressors. It concentrates on broadening its product offerings to reach new audiences in the global market.
The Singapore Virtual Desktop market is consolidated, increasing competition, acquisitions, mergers, and other strategic market developments and decisions to improve operational effectiveness.
| Report Attribute/Metric | Details |
| Market Size 2022 | USD Â Â 14.94 million |
| Market Size 2023 | USD Â Â 18.44 million |
| Market Size 2032 | USD 125.21 million |
| Compound Annual Growth Rate (CAGR) | 23.7% (2023-2032) |
| Base Year | 2022 |
| Market Forecast Period | 2023-2032 |
| Historical Data | 2019- 2022 |
| Market Forecast Units | Value (USD Million) |
| Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Type, Application |
| Key Companies Profiled | Nutanix, Vmware, Inc., Citrix Systems, Inc., Microsoft, Red Hat, Inc. (IBM), Hewlett Packard Enterprise Development LP, Amazon Web Services, Inc., Cisco, Cloud4C, VST ECS, Parallels (A Corel Company), Huawei Technologies Co., Ltd., and NComputing Co. LTD |
| Key Market Opportunities | ·      High Adoption of Internet Of Things (IoT) Technology |
| Key Market Dynamics | ·      System Complexity and Compatibility Issues ·      Restraints Impact Analysis |
Frequently Asked Questions (FAQ) :
The Singapore Virtual Desktop market size is expected to be valued at USD 14.94 Million in 2022.
The global market is projected to grow at a CAGR of 23.7% during the forecast period, 2023-2032.
The key players in the market Nutanix, Vmware, Inc., Citrix Systems, Inc., Microsoft, Red Hat, Inc. (IBM), Hewlett Packard Enterprise Development LP, Amazon Web Services, Inc., Cisco, Cloud4C, VST ECS, Parallels (A Corel Company), Huawei Technologies Co., Ltd., and NComputing Co. LTD
Cloud VDI dominated the market in 2022.
Team Lead - Research she holds an experience of about 6+ years in market research and business consulting, working under the spectrum of information communication technology, telecommunications and semiconductor domains. aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.
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