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 |
2024 |
|
Forecast Year |
2025-2037 |
|
CAGR |
7.6% |
|
Base Year Market Size (2024) |
USD 61.24 billion |
|
Forecast Year Market Size (2037) |
USD 158.71 billion |
|
Regional Scope |
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Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of workstation is estimated at USD 65.2 billion.
Workstation Market size was over USD 61.24 billion in 2024 and is poised to exceed USD 158.71 billion by 2037, growing at over 7.6% CAGR during the forecast period i.e., between 2025-2037.
North America industry is set to dominate majority revenue share by 2037, backed by swiftly growing demand for 3D animation technology, continuous technological progress, and constant research and development.
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.
