Desktop as a Service (DaaS) Market is Expected to Increase at a 18.3% CAGR from 2023 to 2033 | Report by FMI

The Desktop as a Service (DaaS) Market is expected to increase from US$ 6,484.3 million in 2023 to US$ 34,908.8 million by 2033. The market is expected to progress at a CAGR of 18.3% from 2023 to 2033.

Growth in Cloud Computing Benefits the Market for DaaS

The use of cloud-based solutions is becoming standard practice in the IT industry. Over the course of the forecast period, these solutions are anticipated to propel the worldwide cloud-based software market. Thanks to advantages including great flexibility and efficiency.

There are several benefits of cloud computing such as cheap cost, scalability & flexibility, and ease of access from any device or location. All these benefits allow the industry to see a dramatic transition from on-premise deployment to cloud deployment.

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Cloud computing has provided organizations with several advantages, including cost savings and increased business efficiency since it was invented almost 20 years ago. Access to data is getting simple. Thanks to the increasing usage of web-enabled devices in today’s work environment, such as smartphones and tablets, is pushing companies to employ desktop-as-a-service solutions.

The market for desktop-as-a-service is anticipated to increase favorably as more advanced technologies like advanced analytics, robotics, and artificial intelligence solutions are used.

A substantial amount of competitive landscape consolidation is still present in the worldwide desktop-as-a-service market, with tier-1 vendors contributing 50% of total revenue. Amazon Web Services, VMware, IBM, Microsoft, NetApp, Cloud Alize, Fujitsu, and Citrix Systems are a few of the leading companies in the desktop-as-a-service industry.

Leading corporations are concentrating on partnerships and collaborations with cloud IT service providers to assist businesses in streamlining the process of moving workloads and data to the cloud.

Key Points from the Desktop as a Service (DaaS) Market

• The market?is predicted to expand at an 18.3% CAGR through 2033.
• The primary drivers supporting the market are the quick growth of IT infrastructures and the increasing preference for working from home.
• The market?is expected to surpass US$ 34,908.8 million by 2033.
• North America is estimated to dominate the global desktop as a service (DaaS) market by 2033.

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Key Developments in the Desktop as a Service (DaaS) Market

• January 2022 – A deal was signed between CDW, a U.S.-based distributor of technology products and services, and Hewlett Packard Enterprise’s Green Lake on-premise cloud services. The company can increase the distribution of its Service Works UK DaaS solution thanks to this deal.
• January 2022 – Microsoft made the “Trusted Launch” security features and Azure Virtual Desktop support, which is designed exclusively for virtual computers, available.
• January 2021 – Dizzion, Inc. reported an investment from LLR Partners. The company’s staff and end-users’ cloud (EUC) platform development and this relationship opens up chances for acquisition.
• April 2021- The debut of an advanced managed desktop product based on IBM clouds by Dizzon, Inc., a managed desktop as a service provider. The system helps businesses manage their workforce by facilitating employees’ remote work in a safe and collaborative environment.
• August 2019 – The desktop as a service offering VMware clouds on Amazon Web Services (AWS) was introduced by Dizzon, Inc. It allows for convenient, anytime, everywhere access to applications and data using any device.
• In August 2019, Citrix introduced Citrix Managed Desktops, a desktop-as-a-service option for Microsoft. It provides cloud hosting so that businesses may use desktop applications built for Windows from anywhere and on any device over the cloud.

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Desktop as a Service (DaaS) Market Key Segmentation

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
• The Middle East & Africa