The demand for Cloud Computing services and solutions has been through the roof, consistently for well over two years now. Although cloud solutions were growing steadily even before this period, but the recent growth has been phenomenal.
This rapid growth in the demand for Cloud Computing solutions is being driven by two major factors. The first is an urgency for organizations across the globe to pivot from in-office work patterns to either fully remote work, or hybrid work models.
The other key factor that has accelerated the demand for cloud solutions globally is the need for organizations to transform digitally. This urgency for organizations to pivot towards flexible and agile IT infrastructures was fulfilled by cloud solutions.
The Unique Role of DaaS in Cloud Computing Growth
When we talk of individual cloud solutions and services, Desktop as a Service (DaaS) figures as the most prominent one, by far. In the case of DaaS, a specialized Cloud Service Provider (CSP) like dinCloud delivers Virtual Desktops hosted in its data centers.
These Cloud Hosted Virtual Desktops, also referred to as Desktop as a Service, are providing enterprises with the much needed agility and flexibility in day to day operations. DaaS is also enabling enterprises to implement secure remote and hybrid work policies.
Leading DaaS providers like dinCloud secure their cloud data centers with multi layered security, which is not possible for most small to medium sized enterprises. The security protocols at dinCloud include firewalls, encryption, malware and intrusion prevention.
The list of security protocols does not end here, as there is also Two Factor Authentication (2FA) in place, which prevents unauthorized access to cloud resources. As a value added service, dinCloud also offers comprehensive endpoint protection.
DaaS Market Trends by Industry Research Co.
Recently, a research report was published by “Industry Research Co.”, with specific focus on the global DaaS market trends. The report takes into account the period commencing from 2022, and paints a picture for the growth of DaaS market till the year 2028.
In addition to the growth trends for the global DaaS market, the report also takes into account the impact of two key factors. One of these is the impact of the Covid-19 pandemic on DaaS, while the other is the demand driven by small and medium enterprises (SMEs).
The Growth Trajectory of DaaS – from 2022 till 2028
During the year 2022, the size of the global DaaS market is expected to reach US $4.5 Billion. According to the growth forecast, the size of the global DaaS market could reach a whopping US $9.8 BN, by the year 2028, which is quite significant.
This forecast growth translates into a Compound Annual Growth Rate (CAGR) of 13.9%, which is exceptionally high, especially when compared to the overall growth of the global IT market. This growth is also significant as it comes amidst a time of economic uncertainty.
What makes this growth even more significant is that global enterprise budgets are either shrinking, or remaining stagnant. Still, cloud services like Desktop as a Service (DaaS) present a unique value proposition for enterprises which they cannot ignore.
The Impact of Covid-19 on DaaS
Interestingly, the research report measures a positive impact of the Covid-19 pandemic on the demand for DaaS solutions. The major reason behind this trend is that DaaS solutions are built around flexibility and ease of access.
Enterprises with even a fully remote workforce were not only able to remain operational with the help of DaaS solutions, but productivity levels also remained unaffected. This has resulted in enterprises migrating to DaaS, instead of on-premise IT infrastructures.
How have SMEs Impacted DaaS Growth?
The other key factor which the research report highlights is how SMEs have acted as a catalyst in the demand for DaaS solutions globally. Most small to medium sized enterprises (SMEs) lack the in-house capability to establish secure remote work environments.
DaaS solutions like dinCloud Hosted Virtual Desktops (dinHVD) proved a great way for SMEs to rapidly deploy secure remote work environments. Most importantly, SMEs were able to accomplish this at a fraction of the costs of establishing such capability on-premise.
The research report highlights the key value proposition DaaS solutions have to offer enterprises of all sizes, regardless of the industry they serve. Lastly, DaaS solutions enable deploying enterprises to pivot from a CapEx towards an OpEx cost model.
According to the Industry Research Co. report, it appears the global DaaS market is well poised for a healthy growth rate during the period from 2022 till 2028. Enterprises, big or small, will continue to be drawn towards DaaS as their first choice for secure IT.
Contact dinCloud, an ATSG company, for secure, reliable and compliant Desktop as a Service (DaaS) solutions that are highly affordable as well.