Insights on the Thin Client Global Market to 2026 - Enterprise Segment to Witness Significant Growth - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Thin Client Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.

The Thin Client Market is expected to register a CAGR of 1.5% during the forecast period (2021 - 2026). The thin client market is anticipated to observe increased growth during the forecast period, primarily owing to the advantages, such as cost reduction and lesser energy consumption, centralized and easy manageability, and the enhanced infrastructure security these devices offer.

Companies Mentioned

• Dell Inc.
• HP Development Company, L.P.
• Samsung Group
• LG Electronics Inc.
• NEC Corporation
• Fujitsu Ltd.
• Lenovo Group Limited
• Cisco Systems, Inc.
• Advantech Co. Ltd.
• Siemens AG
• IGEL Technology GmbH

Key Market Trends

Enterprise Segment to Witness Significant Growth

• The thin clients offer solutions for risks related to security such as unauthorized account access, third-party identity fraud, and the data leaks caused by external devices, such as a USB memory stick, owing to which the market is expected to witness further growth.
• Various organizations across the globe are moving to the hybrid and multi-cloud environment, and a thin client offers a comparatively less expensive, secure hardware solution which is one of the factors that is driving the market.
• There has always been a challenge for banking and financial services providers to deal with an escalating huge amount of data. Rather than upgrading each PCs every couple of years, setting up a few application servers who can receive these upgrades easily is an economical solution for these institutions as the benefits of those upgrades can immediately extend to all the thin clients across the organization.
• With the rising adoption of workspace-as-a-service (WaaS) in several enterprises, the market is anticipated to witness augmented demand during the forecast period. WaaS is primarily a kind of desktop virtualization that is used by multiple organizations to provide their employees with access to applications remotely.
• In May 2020, HP Inc. is doubling down on mobile PCs built around the cloud and virtual desktop access as countless employees continue to work remotely. HP unveiled three new business-class Chromebooks--which run Google's cloud-connected Chrome OS and two new thin-client devices connected to virtual desktop infrastructure (VDI) solutions, including Citrix and VMware.

North America is Expected to Hold the Largest Market Share

• North America is expected to dominate the market, primarily, owing to the presence of major players. Factors, such as the increasing adoption of cloud technology and highly technology-oriented products, require an active and flexible IT support that is available with the majority of companies in the region, which is likely to drive the market growth.
• The presence of the market leaders, a significant number of cloud service providers, and an increasing number of hosted servers in the region are the major contributors to the market's growth studied in the region. According to the Cisco Global Cloud Index, North America is expected to have the highest cloud traffic by 2021.
• The organizations in the region are an early adopter of the new technologies, which is the major driving force behind the region's dominance. The presence of large cloud service providers plays a significant role in the growth of cloud-based thin client deployment in the region.
• Cloud computing and virtualization are becoming increasingly important in broadcasting. The physical hardware available on site can be optimally supplemented by virtual machines and computers, remotely-accessed via network protocols.
• Moreover, the North American IT and telecommunications industry is one of the largest among other regional markets. Also, industries, such as banking, healthcare, and government organizations, which handle a large amount of sensitive information, are looking forward to adopting thin client solutions, as they can preserve the integrity of the intellectual property better than a fat client.

Key Topics Covered:

1 INTRODUCTION

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Market Overview

4.2 Industry Attractiveness - Porter's Five Forces Analysis

4.3 Industry Value Chain Analysis

4.4 Assessment of Impact of Covid-19 on the Market

4.5 Market Drivers

4.5.1 Enhanced Network Infrastructure Security

4.5.2 Reduction of Cost and Energy Consumption

4.6 Market Challenges

4.6.1 Network Issues in Developing Countries for Cloud Computing

5 MARKET SEGMENTATION

5.1 By Type

5.1.1 Hardware

5.1.2 Software and Services

5.2 By End User

5.2.1 BFSI

5.2.2 IT and Telecom

5.2.3 Healthcare

5.2.4 Government

5.2.5 Other End Users (Retail, Manufacturing, Education)

5.3 Geography

5.3.1 North America

5.3.2 Europe

5.3.3 Asia Pacific

5.3.4 Latin America

5.3.5 Middle East and Africa

6 COMPETITIVE LANDSCAPE

6.1 Company Profiles

7 INVESTMENT ANALYSIS

8 MARKET OPPORTUNITIES AND FUTURE TRENDS

For more information about this report visit https://www.researchandmarkets.com/r/7gcojv