Workstation Market Size

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.

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 â€“ 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 Size