PUBLISHER: The Business Research Company | PRODUCT CODE: 1455230
PUBLISHER: The Business Research Company | PRODUCT CODE: 1455230
End-user computing (EUC) encompasses computer platforms and technologies designed to empower non-programmers in building applications and providing clients with access to corporate data and apps from any location and device. This includes virtual desktop infrastructure (VDI) capable of supporting a variety of client devices, ranging from traditional PCs to tablets, smartphones, and thin-client terminal devices. The adoption of EUC brings several benefits to businesses, including enhanced mobility, efficiency, business continuity, and cost reduction.
Deployment of end-user computing can occur through either cloud-based or on-premises models. Cloud-based deployment refers to applications or software stored, controlled, and accessible via the cloud. The solutions associated with EUC encompass virtual desktop infrastructure, unified communication, device management, software asset management, and other solutions. Additionally, these solutions may require services such as consulting, support and maintenance, training and education, system integration, and managed services. Industries leveraging EUC solutions include IT and telecom, banking, financial services, and insurance (BFSI), education, healthcare, government, retail, media and entertainment, manufacturing, and others.
The end-user computing market research report is one of a series of new reports from The Business Research Company that provides end-user computing market statistics, including end-user computing industry global market size, regional shares, competitors with end-user computing market share, detailed end-user computing market segments, market trends, and opportunities, and any further data you may need to thrive in the end-user computing industry. This end-user computing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The end-user computing (euc) market size has grown rapidly in recent years. It will grow from $11.88 billion in 2023 to $13.29 billion in 2024 at a compound annual growth rate (CAGR) of 11.9%. The growth observed in the historical period can be ascribed to factors such as industrial applications, adherence to environmental regulations, demand from the automotive industry, manufacturing activities in the electronics sector, and the energy sector's requirements.
The end-user computing (euc) market size is expected to see rapid growth in the next few years. It will grow to $20.59 billion in 2028 at a compound annual growth rate (CAGR) of 11.6%. The anticipated growth in the forecast period can be linked to an increasing demand for renewable energy, the expansion of the healthcare sector, the revolution in electric vehicles (EVs), a heightened focus on sustainable solutions, and the integration of smart manufacturing and IoT. Noteworthy trends expected in the forecast period involve the rapid progress in nanofluids technology, the adoption of engineered fluids in medical devices and pharmaceuticals, the broader scope of the heat transfer fluid market, and a growing emphasis on solutions promoting energy efficiency.
The increasing adoption of bring your own device (BYOD) is anticipated to contribute to the growth of the end-user computing market in the future. BYOD is a policy allowing employees to use their personally owned devices for work-related tasks rather than relying on officially provided devices. End-user computing (EUC) supports BYOD policies by enabling secure access to enterprise applications and data from employees' personal devices. A report from Beyond Identity Inc. in May 2021 revealed that, in a survey of 1,103 current employees, over 14% used personal devices for work, while 36% utilized both personal and company-issued devices. About 24% mentioned that their personal devices were more portable or powerful than those provided by their employers. Hence, the growing BYOD trend is a driving factor for the end-user computing market.
The expansion of digitization is expected to drive the growth of the end-user computing market in the coming years. Digitization involves converting analog information or physical objects into a digital format. End-user computing plays a crucial role in digitization by empowering individuals across various organizational levels to interact with and leverage digital technologies. This facilitates the seamless integration of digital processes into daily workflows, enhancing overall efficiency and productivity. Data from Augusta Free Press in December 2022 highlighted that global spending on digital transformation reached approximately $1.85 trillion, marking a 16% increase compared to the previous year. Consequently, the increasing digitization trend is propelling the growth of the end-user computing market.
Concerns related to data security are anticipated to impede the growth of the end-user computing market. Elevated anxieties about data security act as a deterrent to the widespread adoption of end-user computing solutions, as organizations prioritize robust measures to safeguard sensitive information, user privacy, and overall cybersecurity. For instance, as per the Data Breach Report 2023 by the International Business Machines Corporation, the global average data breach cost in 2023 was USD 4.45 million, marking a 15% increase over three years. Moreover, 82% of breaches involved data stored in the cloud, emphasizing the need for solutions that offer visibility across hybrid environments and protect data as it traverses clouds, databases, apps, and services. Consequently, concerns regarding data security are hindering the growth of the end-user computing market.
Major companies engaged in the end-user computing market are innovating with new technologies, such as unified end-user computing platforms, to cater to larger customer bases, enhance sales, and boost revenue. A unified end-user computing platform is a cohesive and flexible solution that securely manages and automates the provisioning of digital workplaces. For example, in February 2023, IGEL, a Germany-based provider of end-user computing solutions, introduced IGEL COSMOS, a unified platform for end-user computing that facilitates secure, managed access to any cloud workspace. A notable feature of COSMOS is its ability to provide businesses significant control over the full potential of both current and future clouds while ensuring optimal user experiences for existing hybrid operations. COSMOS enables the concurrent use, management, and control of endpoints running both IGEL OS 11 and the new IGEL OS 12 operating system. The platform features comprehensive management and control capabilities facilitated by the new IGEL UMS 12, the next generation of the IGEL Universal Management Suite (UMS).
In May 2022, Mindtree Limited, an India-based provider of end-user computing solutions, merged with L&T Infotech (LTI), a technology consulting and digital solutions company also based in India. This merger is anticipated to integrate both entities into the Indian conglomerate Larsen and Toubro (L&T), creating enhanced opportunities for diversification and expansion. The collaboration aims to strengthen provider relationships and advance transformational objectives by leveraging the integrated and customized solutions offered by LTIMindtree.
Major companies operating in the end-user computing (euc) market report are Microsoft Corporation, Dell Technologies Inc., Amazon Web Services Inc., Lenovo Group Limited, Fujitsu Limited, Infosys Limited, Tech Mahindra Ltd., NetApp Inc., Vmware Inc., CSS Corp, Citrix Systems Inc., SITA, Nutanix Inc., Mindtree Limited, Emtec Inc., Mainline Information Systems, Coreio Inc., Nucleus Software Exports Ltd., IGEL Technology, Hitachi Systems Micro Clinic Pvt. Ltd., HCL Infosystems Ltd., Ergonomic Group Inc., Data Integrity Inc., SMP-Corp, Fortem Information Technology Ltd
North America was the largest region in the end-user computing market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the end-user computing (euc) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the end-user computing (EUC) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The end-user computing (EUC) market includes revenues earned by entities by providing services such as workforce customization, cloud-based solutions, monitoring and management of desktops and applications, app refactoring, and related services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
End-User Computing (EUC) Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on end-user computing (euc) market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for end-user computing (euc) ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The end-user computing (euc) market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of covid 19 on supply chains and consumption patterns.