The global desktop virtualization in energy sector market size is projected to expand at a substantial CAGR during the forecast period. Growth of the market is attributed to rising demand for reduction in energy consumption.
The demand for energy is increasing this puts pressure on energy companies to reduce operating costs and streamline business processes. Energy companies typically have significant global oil and gas assets.
This necessitates the need for field workers and executives to have dependable remote access to applications. By centralizing the desktop environment, desktop virtualization plays an important role in improving accessibility for those workers. Increasing adoption of cloud computing is also propelling the market. Several organizations are utilizing cloud computing to reduce costs and gain access to data and applications that are not installed on computers or servers. Clouds have emerged as an infrastructure that will enable the dynamically scalable and virtual delivery of computing resources as a utility.
Market Trends, Drivers, Restraints, and Opportunities
- Increasing demand for green energy consumption is projected to drive the market.
- Rising demand from IT sectors has fueled the market.
- Concerns about the privacy and security of cloud-based worker data are estimated to hamper the market expansion.
- AI-based workforce analytics solutions, increasing number of workforce data sources and availability of a large volume of data are anticipated to create lucrative opportunities for the market players.
Scope of the Report
The report on the global desktop virtualization in energy sector market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes
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Details
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Report Title
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Desktop Virtualization in Energy Sector Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2021
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Historic Data
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2019–2020
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Forecast Period
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2021–2028
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Segmentation
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Platform (Hosted Virtual Desktop and Hosted Shared Desktop), Deployment (On-premise and Cloud)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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Microsoft Corporation; IBM Corporation; Toshiba Corporation; and Citrix Systems Inc.
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Market Segment Insights:
The hosted virtual desktop segment is anticipated to expand at a rapid pace
Based on platform, the global desktop virtualization in energy sector market is bifurcated into hosted virtual desktop and hosted shared desktop. The hosted virtual desktop segment accounts for a significant share of the market. Growth of the market is attributed to increasing demand for massive storage requirements and rise in acceptance of technologies like cloud and 5G.
The cloud segment is anticipated to expand during the forecast period
On the basis of deployment, the desktop virtualization in energy sector market is segregated into on-premise and cloud. The cloud segment is expected to represent a key share of the market during the forecast period. Cloud computing in labor management software provides a number of advantages, including mobility, flexibility, and security. Energy companies are gradually shifting to the cloud in order to improve operational efficiency throughout the supply chain. In these dispersed and highly connected environments, IT departments are also under increased pressure to reduce costs while securely processing data.
Sensitive information is stored centrally when using the cloud as a foundation for desktop virtualization and authentication policies can be set to secure the cloud environment. It also aids in the deployment of high-performance applications, which would otherwise be impossible on expensive physical workstations.
The market in North America is projected to hold a major market share
In terms of regions, the global desktop virtualization in energy sector market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is anticipated to dominate the market during forecast period. Over the last few years, North American labor management industry has exploded. The main concerns in this region are increasing labor efficiency and productivity. In order to position itself as the main trader in the retail venture industry, North America gained a significant market share, with trade volumes growing by double to surpass other areas.
Segments
Segments Covered in the Report
The global desktop virtualization in energy sector market is segmented on the basis of
Platform
- Hosted Virtual Desktop
- Hosted Shared Desktop
Deployment
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Microsoft Corporation
- IBM Corporation
- Toshiba Corporation
- Citrix Systems Inc.
Competitive Landscape
The major players in the desktop virtualization in energy sector market include Microsoft Corporation, IBM Corporation, Toshiba Corporation, and Citrix Systems Inc.
Some of these players are using several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.
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