There’s no denying that computers are ubiquitous with the 21st century business world. As more and more enterprises turn to their PCs and laptops to complete even the most menial tasks Hosted Virtual Desktop (HVD) solutions are becoming increasingly popular.
Indeed, The Global Hosted Virtual Desktop solutions market is projected to grow at whopping CAGR of 65.7 percent for the 2012-2016 period, eventually reaching US$ 27.86 billion thanks in large part to three key drivers outlined below:
1. Reduced Costs
The popularity of Hosted Virtual Desktops has enabled huge market players like Microsoft Corp. and Citrix Systems Inc. to provide their software at a cheaper price, reducing the cost per desktop from US$ 950 to a projected US$ 518 per year.
2. HVDs via Cloud Technology
Harnessing Cloud technology allows vendors to deliver their services over the internet which is considerably cheaper than the traditional internal provisioning of services. Cloud technology is expected to become the most popular way of hosting a virtual desktop as it provides end-users with a wider range of applications and requires very little infrastructural changes.
3. Expansion into New Sectors
Recent adoption by hospitals and post-secondary institutions has sent demand for HVD solutions skyrocketing. As the market expands beyond the business world and into more hands on industries, it is likely that many other industries will follow suit by switching HVD technology.
All three of these factors have already proved vital in the growth of the Hosted Virtual Desktop market, and we at TechNavio have no doubt that they will continue propelling the market to even greater height in the years to come.
For more information, view our 2012-2016 Global Hosted Virtual Desktop market report.
