The technology sector is rapidly evolving since the past few months. This evolution was further catalyzed by the Covid-19 pandemic. The ensuing pandemic brought about a sense of urgency for enterprises to make their IT infrastructures agile and flexible.
This need for agility and flexibility in IT operations resulted in a rapid increase in the demand for cloud powered Desktop as a Service (DaaS) solutions. Leading DaaS providers like dinCloud had to contend with an unprecedented demand for their DaaS offerings.
Future Market Insights (FMI) Outlook on DaaS
FMI is a reputed research organization that has been closely monitoring Desktop as a Service (DaaS) adoption and demand trends lately. FMI recently published its growth forecast for the global DaaS market, which paints a very upbeat picture.
According to FMI’s research, the global DaaS market is well positioned for consistent growth, which could potentially last till the year 2029. The research company has also highlighted the factors which will fuel this consistent growth in its report.
FMI had placed the total value of the global DaaS market at US $3 Billion till the year 2018. This period relates to a time well before the pandemic took the world by storm. FMI expects that the global DaaS market will maintain a strong growth trajectory.
It is forecast by Future Market Insights (FMI) that the global DaaS market could exhibit a Compound Annual Growth Rate (CAGR) of over 18% till the year 2029. This spells good news for leading global DaaS providers like dinCloud.
Asia Pacific to be the Epicenter of DaaS Growth
FMI has forecast that this latest spell of rapid DaaS growth will be focused around the highly populous Asia Pacific region. Countries belonging to this region have invested billions of dollars in upgrading their information and communication technology infrastructures.
This rapid investment in the development and upgrading of communication technologies has laid the foundation for the growth of DaaS in these regions. Previously, the growth of DaaS in the Asia Pacific region was hampered by under developed infrastructure.
Small to Medium Enterprises (SME) Adopt DaaS
According to the estimates released by FMI, the thousands of Small to Medium Enterprises (SME) in the Asia Pacific region will account for the bulk of this demand hike. FMI cites multiple reasons behind this DaaS adoption trend.
Firstly, SMEs with scarce financial budgets find DaaS as an attractive proposition to leverage high quality IT infrastructure without huge up-front investments. DaaS solutions like dinHVD also give SMEs business and operational agility, which is key to success.
SMEs in this region face huge odds, in the form of both international competitors as well as larger enterprises within this region. Cloud solutions like DaaS enable SMEs to compete head to head with larger corporations that have huge sums of money.
Lastly, technologies like DaaS are ideal for fluctuating and seasonal demand trends. DaaS solutions like dinCloud Hosted Virtual Desktops give small and large enterprises the capability of instant scalability on the fly.
Cloud Security Evolves to Cater Modern Threats
Towards the end, the Future Market Insights (FMI) report highlights the rapid advancement in the security of DaaS solutions. A bolstered cyber security posture, backed by multi layered security and automation, has boosted the confidence in DaaS solutions.
Leading DaaS providers like dinCloud employ multi layered security, which is a blend of both intelligent and automated mechanisms. This has enabled DaaS providers like dinCloud to maintain a robust security posture, despite a wide range of threats out there.
The Future Market Insights (FMI) report paints an optimistic future about the demand and growth of Desktop as a Service (DaaS) solutions like dinWorkspaces. What is important is the ability of enterprises to adopt this agile, robust and secure cloud technology.
Contact dinCloud for DaaS solutions that are ideal for small, medium and large enterprises alike, as we offer a wide range of solutions to our valuable users.