Fairfield Market Research, a leading provider of industry insights and market analysis, has released a comprehensive report forecasting significant growth in the global end user computing (EUC) market. According to the report, the market size, which stood at US$10.6 billion in 2022, is projected to reach US$24.7 billion by 2030, representing a robust Compound Annual Growth Rate (CAGR) of 12.9% between 2023 and 2030.
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Key Trends Driving Market Growth
Increasing Demand for Sustainability and Green Computing: Fairfield's analysis highlights a growing trend towards sustainability and green computing driving the growth of the EUC market. Businesses are increasingly emphasizing the use of energy-efficient hardware and software, reducing power consumption, and cutting carbon emissions.
Rapid Expansion of Edge Computing: The report identifies the rapid expansion of edge computing as another significant driver of EUC market growth. Edge computing reduces latency by bringing computer resources closer to end-users, ensuring quick and responsive delivery of applications and data.
Challenges in Adoption: Despite the optimistic growth outlook, Fairfield's analysis also acknowledges challenges in EUC adoption, including resistance to change within organizations. Implementation of EUC solutions may face hurdles due to reluctance from staff and management to adopt new technologies.
Dominant Categories and Emerging Trends
Virtual Desktop Infrastructure (VDI) Dominance: In 2022, the virtual desktop infrastructure category dominated the industry, with open-source VDI technologies offering cost-effective alternatives for organizations.
Consulting Services: The consulting category also held a significant share in 2022, with consultants aiding organizations in virtualizing programs and ensuring compatibility across various EUC platforms.
Healthcare Sector Growth: Fairfield's report anticipates significant growth in the healthcare category during the forecast period. EUC technologies facilitate effective diagnosis and treatment planning by enabling the viewing and sharing of medical images across different devices and locations.
Regional Outlook and Growth Determinants
North America Leads Market: North America is expected to dominate the EUC market, driven by a diverse economy and demand from sectors such as manufacturing, healthcare, banking, and technology.
Rapid Growth in Asia Pacific: The Asia Pacific region is forecasted to be the fastest-growing EUC market, fueled by investments in smart city projects and increasing adoption of cloud computing.
Key Growth Determinants
Increasing Adoption of Cloud Computing: Cloud-based EUC solutions offer scalability and costeffectiveness, enabling businesses to accommodate growing numbers of end-users and devices without substantial upfront investments.
Growing Demand for Mobile Computing: The demand for mobile computing necessitates unified endpoint management (UEM) solutions to support a variety of hardware and operating systems, particularly in remote and hybrid work settings.
Ubiquity of IoT-enabled Devices: The proliferation of IoT devices in workplaces requires strong device management capabilities from EUC solutions to monitor, set up, and secure these devices, driving the need for edge computing solutions.
Major Growth Barriers
Security Concerns: Cyberattacks and data breaches pose significant challenges to EUC adoption, necessitating robust data protection methods and secure identity and access management (IAM) solutions.
Legacy Systems and Infrastructure: Integration with legacy systems may pose complications and additional expenses for modern EUC solutions, while organizations may be reluctant to invest in new hardware and infrastructure.
Trends and Opportunities to Watch
Remote and Hybrid Work Environments: The widespread adoption of remote and hybrid work arrangements increases demand for EUC solutions offering secure and seamless access to corporate resources from any location.
Enhanced Security Measures: Organizations require EUC solutions with strong data protection methods and advanced IAM functionalities to comply with data privacy regulations and combat cybersecurity threats.
Integration of AI and Automation: AI-driven customization and automation enhance user experiences and efficiency in EUC environments, reducing downtime and improving productivity.
Regional Frontrunners
North America's Workforce Mobility: North America is expected to maintain its dominance in the EUC market, driven by workforce mobility and the adoption of hybrid IT strategies.
Asia Pacific's Cloud Adoption: The Asia Pacific region emerges as a key player, with growing investments in IT infrastructure and cloud computing driving the adoption of EUC solutions.
Leaders in the Global EUC Space
Fairfield Market Research identifies several key players leading the global end user computing space, including Nutanix, Fujitsu, Genpact, and others.