April 16, 2024

End-user computing market revenue to reach $63.43 billion

New York, Jan. 11, 2024 (GLOBE NEWSWIRE) — The global end-user computing market size is projected to expand at a CAGR of 15.80% between 2023 and 2035. The market is expected to gain revenue of $63.43 billion at the end. by 2035, compared to revenue of $10.9 billion in 2022. This market growth is poised to grow due to the growth in the number of people working from home. For example, approximately 11% of full-time workers currently work remotely, illustrating how quickly remote work environments are becoming widespread. Furthermore, it is worth noting that more than 27% of workers have moved to a mixed work style.

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Delivering valuable digital resources in the workplace can be difficult for organizations that have a high proportion of remote employees. Adding people and troubleshooting can be done effortlessly with an EUC system, which also provides desktop access and remote user application access. Additionally, the prevalence of cyber hacking is increasing due to the rise of remote workers. For example, around 19% of organizations suffered a breach in 2022 as a result of a remote employee.

End-User Computing Market: Key Findings

  • Market in the North American region to drive the largest market share.
  • Cloud segment will see the biggest growth
  • The market in the European region will grow at the highest rate

Rise in Smartphone Adoption to Drive Global End-User Computing Market Growth

Currently, there are more than 5 billion smartphones in operation worldwide and this number is expected to increase in the coming years. Smartphones offer mobility to business owners and employees. However, using smartphones for business purposes could put company information at risk. Additionally, malicious workers can more easily access a company’s network and steal critical information with the help of mobile devices, either for personal use or to sell to others. Therefore, the demand for end-user computing is expected to grow.

End-User Computing Industry: Regional Overview

The global end user computing market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa region.

Growth in the number of data centers to influence the market in North America

The North American market for end-user computing will garner the largest market share of over 32% during the forecast period. This growth could be dominated by the growth in the number of data centers. The United States has the largest number of data centers globally as of September 2023, with more than 5,374.

Rising investment in digital technologies will dominate market growth in Europe

The European end-user computing market is poised to garner a significant share of around 26% over the forecast period. This could be due to the increasing investment in digital technologies. According to the latest Horizon Europe call for proposals to scale up cooperative research and development across the Union, the EU is preparing to invest more than $192 million in groundbreaking digital innovations.

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Segmentation of End User Computing by Deployment Mode

The cloud segment is expected to amass the largest market share of around 65% over the forecast period. This segment growth will be influenced by the increasing deployment of the cloud. Most organizations (more than 60%) use one (about 33%) or two (about 26%) clouds in their operations as of 2022.

End User Computing Segmentation by Organization Size

  • Big enterprises
  • Small and medium businesses

The small and medium enterprise segment is expected to witness significant growth in the market during the forecast period. This segment growth is expected to be dominated by the increasing number of SME companies. The number of SMEs globally by 2021 was estimated to be around 331 million, a slight increase from the 327 million recorded in 2019.

End User Computing Segmentation by Solution

  • Virtual desktop infrastructure
  • Device management
  • Unified communications
  • Software asset management

Segmentation of end-user computing by service

  • Support and maintenance
  • Training and education
  • Managed services

End User Computing Segmentation by End User Industry

  • IT and telecommunications
  • Government
  • Retail
  • Media and entertainment
  • Education
  • Health care
  • Manufacturing
  • Banking, Financial Services and Insurance (BFSI)

Some of the well-known market leaders in the global end-user computing market profiled by Research Nester are VMware, Inc., Citrix Systems Inc., IGEL Technology GMBH, Genpact, Fujitsu, Ltd., Infosys Limited, Amazon Web Services Inc ., Data Integrity Inc., Patriot Technologies Inc., Dell Inc., Nutanix and others.

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Recent development in End-User Computing Market

  • VMware, Inc. announced a collaboration between Google Workspace and VMware Workspace ONE for hybrid work. It will combine the best productivity, collaboration and unified endpoint management (UEM) solutions available to help businesses enable their staff to work securely from any location and on any device.
  • The next phase of cooperation between Citrix Systems Inc. and Nexthink, the industry leader in digital employee experience (DEX) management software, calls for greater emphasis on the hybrid nature of work and the increased security that accompanies it. Participants came together to offer businesses end-to-end visibility into workers’ digital interactions for customers using Citrix’s secure remote work options.

About Nester Research

Research Nester is a comprehensive service provider with a client base in over 50 countries, a leader in strategic market research and consulting with an unbiased and unparalleled approach to assist global industrial players, conglomerates and executives in their future investments, avoiding at the same time future uncertainties. With an innovative mindset to produce statistical and analytical market research reports, we provide strategic consulting so that our clients can make sound business decisions with clarity while strategizing and planning for their upcoming needs and achieve their future projects. We believe that every business can expand towards its new horizon, provided right guidance is available at the right time through strategic minds.


            

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