Workstation Market Size & Share, by Product (Tower, Mobile, Blade, Rack, All in One); Application (Digital Content Creation, Economic / Finance, Scientific, Engineering, Software Engineering); Operating System (Windows, Linux, Unix); End-user (IT & Software, Industrial Automation, Biomedical & Healthcare, Consumer Electronics, Automotive, Aerospace & Defense) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 149
  • Published Date: Sep 30, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2024-2036

Workstation Market size was valued at USD 56.91 billion in 2023 and is expected to exceed USD 147.49 billion by 2036, registering over 7.6% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of workstation is assessed at USD 60.37 billion.

The growth of the workstation market is primarily attributed to the rapidly growing animation industry, and rising demand for animation software and graphics. For instance, the US animation industry was estimated to be worth approximately USD 33 billion in 2021, and by 2026, it is projected to expand by 12%.

A workstation is an extremely powerful computer system that is primarily intended for use by single user. It has a large storage capacity, advanced graphics, and a very powerful CPU (central processing unit) or microprocessor. Workstation is widely applied in business or professional settings. Typically, workstations are used by architects, engineers, graphic designers, and other professions that require fast CPUs and lots of RAM. Since the COVID-19 crisis, the trend of cloud computing has been increasing. Therefore, integration of virtual workstations has been on a rapid hype. For instance, in 2022, the global cloud computing industry is projected to expand around USD 616 billion.


Workstation-Market
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Workstation Market: Growth Drivers and Challenges

Growth Drivers

  • Rising Trend of Digital Content Creation - Getting news and watching TV online has become as a result of increased Internet access via smartphones. As more people use the internet for information, there has been an increase in digital content to fulfill the demands. Based on the data released by IEA, over 40% of internet traffic worldwide in 2020 was driven by video streaming, online gaming, and social networking.
  • Surge in Industrial Growth- Industrial growth leads to an economy transitions from a primarily agricultural to a manufacturing-based economy. Therefore, growing industrialization makes a significant influence on the demand of workstation as it is widely used for industrial application.  Based on the data provided by the United Nations Industrial Development Organization, global industrial output increased by 4.2% over the previous year in the first quarter of 2022. Similar annual output growth of 4.1% was reported by industrialized economies after stable increases of 3.6% and 6.1% in the previous two quarters, correspondingly.
  • Accelerating Demand for Mobile Workstations – With the time, the demand for mobile workstations is increasing as the devices have become more portable and proficient. In recent years, 33 to 42% of workstations purchased have been mobiles rather than desktops.
  • Escalating Trend of Network as a Service (NaaS) - Numerous enterprises have enhanced productivity by automating user onboarding, provisioning network and endpoint devices, implementing network and security policies, and troubleshooting issues. Organizations are able to dynamically use networking capabilities in this cloud-enabled network-as-a-service (NaaS) paradigm without having to buy, construct, or manage the infrastructure themselves. For instance, more than 38% of organizations stated that a major reason for adopting a NaaS model is that it is capable to provide them with the most up-to-date networking technologies and capabilities on a continuous basis.
  • Global Investment in Digital Transformation – Investment in digital transformation is a boon for organizations as it has become vital as a result of the pandemic's significant effect on organizations globally. Global spending on digital transformation is anticipated to hit approximately USD 1.5 trillion in 2022.

Challenges

  • High Cost of Workstations
  • Limited Use of Workstation for Business and Professional
  • Lack of Custom-Made Models

Workstation Market: Key Insights

Base Year

2023

Forecast Year

2024–2036

CAGR

7.6%

Base Year Market Size (2023)

USD 56.91 billion

Forecast Year Market Size (2036)

USD 147.49 billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Workstation Segmentation

The global workstation market is segmented and analyzed for demand and supply by application into digital content creation, economic/finance, scientific, engineering, software engineering, and others. Out of these, economic / finance segment is anticipated to have the largest market share over the forecast period on the back of technological advancement, digitization of financial services, worldwide adoption of fintech services, supportive policies, and the huge capital investment.

Our in-depth analysis of the global workstation market includes the following segments:

          By Product Type

  • Tower
  • Mobile
  • Blade
  • Rack
  • All in One

          By Application

  • Digital Content Creation
  • Economic/ Finance
  • Scientific
  • Engineering
  • Software Engineering
  • Others

          By Operating System

  • Windows
  • Linux
  • Unix

          By End-Use Industry

  • IT & Software
  • Industrial Automation
  • Biomedical & Healthcare
  • Consumer Electronics
  • Automotive
  • Aerospace & Defense
  • Others

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Workstation Industry - Regional Synopsis

Regionally, the workstation market is studied into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Amongst these markets, the market in North America is estimated to dominate majority revenue share by 2036, backed by swiftly growing demand for 3D animation technology, continuous technological progress, and constant research and development.

Research Nester
Workstation-Market-Size
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Companies Dominating the Workstation Market

    • NVIDIA Corporation
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis 
    • Dell Technologies, Inc.
    • Fujitsu Limited
    • NEC Corporation
    • secunet Security Networks AG
    • Red Hat, Inc.
    • Cisco Systems, Inc.
    • Super Micro Computer, Inc.
    • Intel Corporation
    • Apple Inc.

In the News

  • NEC Corporation announced to create a connection point to Microsoft Azure ExpressRoute through a dedicated private network fiber connection to Azure provided by the NEC Inzai Data Center in Japan. By doing so, NEC is projected to become the first IT provider to have an Azure ExpressRoute connection point.
  • The Fujitsu Limited has unveiled a new notebook line for post-pandemic hybrid work culture. The new range features a new lightweight LIFEBOOK E5 Series with an ultra-light magnesium casing with 12th generation Intel Core processors and Intel Iris Xe graphics.

Author Credits:  Abhishek Verma


  • Report ID: 149
  • Published Date: Sep 30, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Rising trend of digital content creation, surge in industrial growth, accelerating demand for mobile workstations, and escalating trend of Network as a Service (NaaS) are some major factors driving the growth of the market.

The market is anticipated to attain a CAGR of ~11% over the forecast period, i.e., 2022 – 2031.

High cost of workstations, limited use of workstation for business and professional, and lack of custom-made models are estimated to hamper the market growth.

The market in North America is projected to hold the largest market share by the end of 2031 and provide more business opportunities in the future.

The major players in the market are NVIDIA Corporation, Dell Technologies, Inc., Fujitsu Limited, NEC Corporation, secunet Security Networks AG, Red Hat, Inc., Cisco Systems, Inc., Super Micro Computer, Inc., Intel Corporation, and others.
Workstation Market Report Scope
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