PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1532885
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1532885
End User Computing Market size was valued at USD 11,109.32 million in 2023, expanding at a CAGR of 10.10% from 2024 to 2032.
End-user computing (EUC) is a combination of technologies, policies, and procedures that allow employees to access applications, desktops, and data securely from anywhere. Nowadays, businesses use EUC to enable remote work on different devices securely and effectively. A well-planned EUC strategy ensures that users can instantly access digital tools to boost productivity, whether they are working on-site or remotely in the cloud. EUC typically depends on enterprise infrastructure to support applications and handle virtual desktop sessions initiated by users. By empowering a mobile and dispersed workforce securely, end-user computing offers significant benefits to organizations.
End User Computing Market- Market Dynamics
The rise in demand for remote work solutions and the continuous advancements in cloud computing are anticipated to propel the market's growth
Remote work introduces new security challenges, including securing endpoints and ensuring data privacy. EUC solutions support collaboration tools and platforms, enabling seamless communication and teamwork among remote and distributed teams. Cloud computing allows organizations to scale their EUC solutions up or down based on demand. This elasticity ensures that resources are efficiently utilized, and organizations can respond quickly to changing business conditions. According to Cloud Computing statistics, Public cloud Platform-as-a-Service (PaaS) revenue in 2022 was $111 billion. The cloud market is projected to be worth $376.36 billion by 2029. Furthermore, the integration of emerging technologies like artificial intelligence (AI), machine learning (ML), and automation within EUC solutions presents a significant growth opportunity. However, the Complexity of Integration and Management may restrict the market growth.
End User Computing Market- Key Insights
As per the analysis shared by our research analyst, the global market is estimated to grow annually at a CAGR of around 10.10% over the forecast period (2024-2032)
Based on Type segmentation, Services was predicted to show maximum market share in the year 2023
Based on Organization Size segmentation, Large Enterprises was the leading type in 2023
Based on Application segmentation, IT and Telecom were the leading types in 2023
Based on region, North America was the leading revenue generator in 2023
The Global End User Computing Market is segmented based on Type, Organization Size, Deployment Mode, Application, and Region.
The market is categorized into two groups according to Type: Solution and Service. The Service sector is the dominant force in the market. Services are crucial in the End User Computing market as they help organizations efficiently implement, manage, and enhance their EUC solutions.
The market is segmented into two groups according to Organization Size: Large Enterprises and Small & Medium Enterprises. Large Enterprises hold a significant share of the market. Large corporations necessitate strong EUC solutions to offer their employees smooth access to applications, data, and resources, no matter where they are or what device they are using.
The market is segmented into two categories according to Deployment Mode: On-Premises and Cloud. Each deployment mode offers its benefits and factors to consider, leading many businesses to choose hybrid models to achieve a blend of control, cost-effectiveness, and scalability.
The market is segmented into six categories according to Application: BFSI, Healthcare, IT and Telecom, Education, Retail, Media and Entertainment, Government, and Others. The IT and Telecom sector holds a dominant position in the market. These sectors are known for their need for adaptable and mobile work settings. EUC solutions aid IT and Telecom firms in cutting down expenses related to hardware, upkeep, and assistance.
End User Computing Market- Geographical Insights
The market is geographically spread across North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. These regions are further segmented by countries contributing to business activities. North America leads the market expansion, driven by the rapid advancement in network technologies and the presence of cutting-edge mobile platforms. Particularly in the United States and Canada, substantial investments have been made in high-speed internet infrastructure and the implementation of 5G networks. Currently, over 325 million people in the US have access to 5G networks, making it the most extensive 5G coverage globally. According to Ookla, the US is at the forefront globally, with more than half of 5G-ready phones utilizing a 5G network most of the time. The widespread usage of advanced mobile devices like smartphones and tablets is facilitating the adoption of EUC solutions. Europe follows as the second-largest region for market growth, attributed to the increasing utilization of cloud services.
The market for End User Computing (EUC) is fiercely competitive, with a multitude of companies providing a range of solutions and services to cater to the varied requirements of organizations. These companies are constantly investing in research and development to enhance and innovate their EUC solutions. This involves making strides in virtualization, security, user experience, and integration with cutting-edge technologies such as AI and machine learning. Prioritizing customer needs and delivering customized solutions is a crucial approach. This encompasses offering flexible deployment choices (on-premise, cloud, hybrid), robust support services, and ensuring exceptional levels of customer satisfaction. Expanding market presence in emerging regions and establishing a solid global footprint is a fundamental strategy.
On the 18th of June, 2024, Fujitsu made public the reception of an order for a gate-based superconducting quantum computer from the National Institute of Advanced Industrial Science and Technology (AIST) on the 15th of May, 2024. Fujitsu founded the RIKEN RQC-Fujitsu Collaboration Center in April 2021 and has engaged in collaborative research with RIKEN to enhance the scale of superconducting quantum computers.
Infosys, a major in the field of information technology, has announced that a worldwide client has chosen to end the Memorandum of Understanding (MoU) that was agreed upon in September. The MoU focused on Infosys offering improved digital experiences, as well as modernization and operational services, utilizing the company's platforms and Artificial Intelligence (AI) solutions.
GLOBAL END USER COMPUTING MARKET KEY PLAYERS- DETAILED COMPETITIVE INSIGHTS
Nutanix, Inc.
Fujitsu Ltd.
Genpact
HCL Infosystems Limited
IGEL Technology
Infosys Limited
Mindtree Limited
NetApp, Inc.
Nucleus Software Exports Limited
Citrix Systems, Inc.
Tech Mahindra Limited
Vmware, Inc.
Hitachi Systems Micro Clinic
Dell Technologies
Amazon Web Services
Others