The year 2020 has been the year of Cloud. Among a wide range of cloud technologies, Desktop as a Service (DaaS) and Virtual Desktop Infrastructure (VDI) have proved themselves as the two main pillars of support during Covid-19.
According to a recent study published by research company TechNavio, the growth momentum of DaaS and VDI is expected to remain strong till the year 2024. It is mainly due to the fact that digital transformation initiatives will take their time to mature.
The research has been titled “Global Virtual Desktop Infrastructure Market 2020-2024”. As per the report, the global VDI market is expected to grow at a Compound Annual Growth Rate (CAGR) of over 10%, even amidst this economic uncertainty.
In plain dollar terms, this growth rate alone translates into a revenue growth of US $3.9 BN. Despite the disruptive impact of a global pandemic, the VDI market is well poised to clock an impressive growth rate of over 9% in the year 2020.
The report cites two major factors that are propelling the rapid adoption of DaaS and VDI solutions. The prime factor is workplace flexibility, whereby organizations desire a secure and versatile technology platform to power their remotely working employees.
Business agility has been cited as the second major factor that’s driving the strong growth of VDI and DaaS solutions. Both these technologies are not only effectively supporting remote work, they are also accelerating the much needed digital transformation.
With a DaaS solution such as dinHVD, which is dinCloud’s flagship Cloud Hosted Virtual Desktop, enterprises can rapidly scale up or down as per changing needs. All this is attained without any long term capital expenditures typically required by legacy systems.
As more workloads find their way to the Cloud, it is also expected that Platform as a Service (PaaS) will exhibit strong growth. PaaS enables developers to roll out and refactor productivity applications for the cloud in amazingly less times.
TechNavio study has forecast that DaaS and VDI will continue to post strong growth figures at least till the year 2024. By that time, most digital transformation initiatives kicked off in 2020 or around will have achieved a significant level of maturity.