Desktop-as-a-Service Market Trends
Growth Drivers
- Growing Utilization of DaaS in SMEs & MSME – the number of SMEs is growing at a rapid pace. For instance, there were nearly 60 million MSMEs functioning in India alone in 2022 while around 300 million SMEs were observed to function across the globe in 2021.
SMEs are functions as a backbone of a nation’s economy. Small and Medium Enterprises (MSME) do not have large capital to begin with, therefore, desktop-as-a-service (DaaS) becomes quite beneficial for those who owns SMEs. DaaS provides scalability and flexibility such as a user can access the virtual desktop from anywhere and the monthly subscription are very cost- effective.
- Rising Adoption of IoT Infrastructure along with Increasing IT Spendings – based on the statistics, the number of devices connected to IoT were estimated to be around 8 billion in 2019 across the globe which further forecasted to reach around 20 billion by the year 2025 and 30 billion by 2030 globally that is 3 times higher from 2020.
- Increasing Ownership of Desktop and Smartphones among Global Population – in the incorporated sector, smartphones and desktops are heavily utilized to perform various tasks and also by global population for multiple purposes. For instance, approximately 52% of the visits on websites were tracked down to be coming from desktops in 2022. Additionally, in 2018, nearly USD 80 billion were spent by consumers on smartphones.
- Growing Inclination toward Work from Home – around 80% of the employees preferred working from home full-time. Additionally, the increment of productivity was estimated to rise by nearly 45% in work from home jobs. Work from home jobs are highly preferred by women, for instance, around 60% of the women showed their affirmative opinion toward work from home culture globally.
- Spiking Implementation of 5G Technology and Cloud Computing – cloud computing is backbone for desktop-as-a-service (DaaS) since it assists DaaS in offering its features to the end-users across the globe. For instance, in 2021, more that USD 375 billion were generated by the cloud computing segment. Moreover, the launch of 5G technology has also spurred the demand for DaaS globally by providing high-speed internet.
Challenges
- Lack of Awareness Regarding the Benefits of DaaS - Lack of awareness regarding the benefits of DaaS is restraining the market growth. A remarkable number of people has no awareness of the existence of DaaS. In addition to that, concerns over data privacy and security are hindering the adoption of DaaS, challenging the growth of the market further.
- Concerns Over Data Privacy and Security
- Complex Maintenance Procedures Associated with Desktop-as-a-Service (DaaS)
