About Financial Services Desktop Virtualization
Desktop virtualization is a technique for mimicking a user's workstation so that it can be accessed from a distance. Organizations can allow employees to work from nearly anywhere with a network connection, utilizing any desktop, laptop, tablet, or smartphone to access company resources, regardless of the device or operating system used by the remote user. Desktop virtualization in financial services but also wealth management enables IT teams to configure all endpoints in an efficient and effective manner, allowing users to access critical applications more quickly while diminishing IT complexity and costs.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Financial Services Desktop Virtualization market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Microsoft (United States), IBM (United States), Dell (United States), Wipro Limited (India), Citrix (United States), Huawei Enterprise (China), VMware (United States), Red Hat (United States), Parallels (United States), Dizzion, Inc. (United States) and Ncomputing (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are DesktopReady (United States), Liquidware Labs, Inc. (United States), ACE Cloud Hosting (United States) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Financial Services Desktop Virtualization market by Type (Virtual desktop infrastructure (VDI), Remote desktop services (RDS) and Desktop-as-a-Service (DaaS)), Application (Small & Medium Business and Large Enterprises) and Region.
On the basis of geography, the market of Financial Services Desktop Virtualization has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Deployment , the sub-segment i.e. Cloud-Based will boost the Financial Services Desktop Virtualization market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Banks will boost the Financial Services Desktop Virtualization market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Digitization Among Financial Sector and High Investment In IoT Infrastructure
Market Growth Drivers:
Increased Number Of Financial Institutions and Increasing Demand For Cloud-Based Virtual Service
Challenges:
Technological Complexity Associated With Desktop Virtualization
Restraints:
Data Security And Privacy Concerns and High Cost Associated With Deployment
Opportunities:
Increased Adoption Of Desktop As A Service In Small And Medium-Sized Enterprises and Rising Attractiveness Of Workspace-As-A-Service (WAAS)
Market Leaders and their expansionary development strategies
In July 2021, Microsoft on Wednesday announced a new virtual desktop infrastructure (VDI) service for business users called "Windows 365," enabling remote access to Windows 10 or Windows 11 desktops and applications. Windows 365 is designed for use by organizations, rather than individuals. Two editions are planned, Business and Enterprise. The nuances between the two editions weren't described, though.
In September 2022, AWS launched Amazon WorkSpaces Core. Amazon WorkSpaces Core is an innovative, wholly managed Virtual Desktop Infrastructure (VDI) tool that combines AWS's security, reliability, and cost efficiency with current VDI administration options.
Key Target Audience
New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.