Market Overview:
The global financial services desktop virtualization market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for hosted virtual desktops and hosted shared desktops among small and medium businesses (SMBs) and large enterprises. Additionally, the growing trend of Bring Your Own Device (BYOD) is also contributing to the growth of this market. However, security concerns related to desktop virtualization may restrain the growth of this market during the forecast period. The global financial services desktop virtualization market can be segmented on the basis of type into hosted virtual desktops (HVDs) and hosted shared desktops (HSDs). HVDs are witnessing a higher adoption rate as compared to HSDs due their advantages such as low TCO, easy manageability, scalability, etc.
Product Definition:
Desktop virtualization is the process of separating the operating system and application software from the computer hardware. This separation allows for multiple users to share a single physical computing device while each user has their own isolated environment, complete with its own operating system instance and applications. Financial services desktop virtualization can provide several benefits to organizations in this industry, including improved security, compliance with regulations, reduced hardware costs, and increased flexibility.
Hosted Virtual Desktop (HVD):
A hosted virtual desktop is a software-based solution that allows financial institutions to deliver a customized view of an operating system and applications to users. It also helps in improving the overall efficiency of workflows by delivering enhanced security, reliability, and accessibility. The primary benefit offered by this technology is that it reduces the need for users to depend on physical systems or travel to remote locations in order to carry out their day-to-day tasks.
Hosted Shared Desktop (HSD):
A hosted shared desktop is a software-based solution that allows multiple users to access a single computer display via different devices such as smartphones, tablets, and laptops. The technology helps in providing remote access to the corporate network from mobile devices without any hassles of wires or cables. It also offers high-end graphics and sound experience at affordable prices along with reliable service.
Application Insights:
The large enterprises segment accounted for the largest market share in 2017. The large enterprise sector is expected to witness significant growth over the forecast period owing to increasing demand from organizations for cost-effective and efficient desktops. Large enterprises are also likely to be early adopters of emerging technologies, which can provide competitive advantages over smaller rivals or incumbents.
Small & medium businesses (SMBs) are projected to be among the fastest-growing segments, with a CAGR of XX% from 2018 to 2030. SMBs have been traditionally considered as technology dinosaurs; however, they have started embracing modern technologies such as cloud computing and virtualization at a rapid pace due to various benefits offered by these services including improved security, operational efficiency and flexibility in terms of hardware procurement/ maintenance etcetera. Furthermore, small business owners often lack technical expertise but still need desktop solutions that can help them manage their operations more effectively while reducing costs associated with IT infrastructure deployment/maintenance etcetera).
Regional Analysis:
North America dominated the global market in 2017. The region is expected to continue its dominance over the forecast period as well, owing to factors such as increasing adoption of technology among small & medium businesses and rapid technological advancements. Asia Pacific is projected to be the fastest-growing regional market from 2018 to 2030 due to increased spending on business process outsourcing by enterprises and growing awareness about cost savings offered by desktop virtualization solutions. Moreover, rising demand for high-speed internet services in emerging economies will drive growth further. Latin America also presents significant opportunities for vendors operating in this space, since it has one of the largest concentrations of mid-size companies that are early adopters of emerging technologies and can potentially benefit from HVD/HSD solutions based on hosted desktops or laptops.
Growth Factors:
- Increased demand for desktop virtualization from small and medium-sized businesses (SMBs) due to the growing trend of Bring Your Own Device (BYOD).
- The increasing popularity of cloud-based services, which helps organizations reduce their IT costs and improve efficiency.
- The need for disaster recovery and business continuity solutions in the wake of natural disasters and other unforeseen events.
- The growing demand for end-to-end security solutions that can protect data both at rest and in transit across different devices and platforms.
- The increasing use of mobile devices by employees, which is driving the need for secure remote access to corporate networks and applications
Scope Of The Report
Report Attributes
Report Details
Report Title
Financial Services Desktop Virtualization Market Research Report
By Type
Hosted Virtual Desktop (HVD), Hosted Shared Desktop (HSD)
By Application
Small & Medium Business, Large Enterprises
By Companies
Citrix, Toshiba, IBM, Huawei, Microsoft, Parallels, Dell, Red Hat, Ncomputing, Ericom Software, Tems, VMware
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
146
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global Financial Services Desktop Virtualization Market Report Segments:
The global Financial Services Desktop Virtualization market is segmented on the basis of:
Types
Hosted Virtual Desktop (HVD), Hosted Shared Desktop (HSD)
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Small & Medium Business, Large Enterprises
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Citrix
- Toshiba
- IBM
- Huawei
- Microsoft
- Parallels
- Dell
- Red Hat
- Ncomputing
- Ericom Software
- Tems
- VMware
Highlights of The Financial Services Desktop Virtualization Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Hosted Virtual Desktop (HVD)
- Hosted Shared Desktop (HSD)
- By Application:
- Small & Medium Business
- Large Enterprises
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Financial Services Desktop Virtualization Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Financial Services Desktop Virtualization (FSDV) is a technology that enables organizations to consolidate their desktop infrastructure onto a single platform. This can reduce costs and improve efficiency by consolidating the management of multiple desktops and applications. FSDV also allows for the deployment of new applications without affecting existing desktops or servers.
Some of the major players in the financial services desktop virtualization market are Citrix, Toshiba, IBM, Huawei, Microsoft, Parallels, Dell, Red Hat, Ncomputing, Ericom Software, Tems, VMware.
The financial services desktop virtualization market is expected to grow at a compound annual growth rate of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Financial Services Desktop Virtualization Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Financial Services Desktop Virtualization Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Financial Services Desktop Virtualization Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Financial Services Desktop Virtualization Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Financial Services Desktop Virtualization Market Size & Forecast, 2020-2028
4.5.1 Financial Services Desktop Virtualization Market Size and Y-o-Y Growth
4.5.2 Financial Services Desktop Virtualization Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Hosted Virtual Desktop (HVD)
5.2.2 Hosted Shared Desktop (HSD)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Small & Medium Business
6.2.2 Large Enterprises
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Financial Services Desktop Virtualization Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Financial Services Desktop Virtualization Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Hosted Virtual Desktop (HVD)
9.6.2 Hosted Shared Desktop (HSD)
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Small & Medium Business
9.10.2 Large Enterprises
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Hosted Virtual Desktop (HVD)
10.6.2 Hosted Shared Desktop (HSD)
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Small & Medium Business
10.10.2 Large Enterprises
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Hosted Virtual Desktop (HVD)
11.6.2 Hosted Shared Desktop (HSD)
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Small & Medium Business
11.10.2 Large Enterprises
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Hosted Virtual Desktop (HVD)
12.6.2 Hosted Shared Desktop (HSD)
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Small & Medium Business
12.10.2 Large Enterprises
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Hosted Virtual Desktop (HVD)
13.6.2 Hosted Shared Desktop (HSD)
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Small & Medium Business
13.10.2 Large Enterprises
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Financial Services Desktop Virtualization Market: Competitive Dashboard
14.2 Global Financial Services Desktop Virtualization Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Citrix
14.3.2 Toshiba
14.3.3 IBM
14.3.4 Huawei
14.3.5 Microsoft
14.3.6 Parallels
14.3.7 Dell
14.3.8 Red Hat
14.3.9 Ncomputing
14.3.10 Ericom Software
14.3.11 Tems
14.3.12 VMware
