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Workspace as a Service model offers lower total cost of ownership to individual organization
BYOD is an emerging trend that helps users to access business applications and corporate data from anywhere, using any of their mobile devices. These lead to a need for desktop and application virtualization. Today, companies are largely moving towards the adoption of BYOD to provide flexibility and mobility to their employees and customers. Such enterprises are massively dependent over the cloud infrastructure that provides their employees device-independent, anytime, anywhere access to corporate IT. So, there is a massive need for cloud-based desktop and application virtualization. Huge investments are predicted to be flowing in the WaaS market in the near future.
The Workspace as a Service solutions address the need for device-independent environment for employees and customers. The trends in bring-your-own-device (BYOD) are emerging to a greater extend. Employees are using many personal devices such as laptops, smart phones, PDA, and tablets for accessing various business applications and corporate data. Workspace as a Service solutions help increasing user satisfaction and improving productivity and efficiency of workers. It also reduces the management complexity for managing physical infrastructure.
Also, Workspace as a Service model offers lower total cost of ownership to individual organization, as multiple remote workers are able to share the infrastructure and costs associated with the business applications and data. The cost of ownership gets reduced as the company need not have to invest in any physical infrastructure. This factor attracts many SMBs who have less capital and limited budget allocation.
North America is expected to be the biggest market in terms of revenue contribution, while Asia-Pacific (APAC) is expected to experience increased market traction, during the forecast period.
Workspace as a Service Market by Solutions (Virtual Desktop Infrastructure and Applications, Desktop as a Service, Hosted Applications, Security Solutions), Services (Managed Service, System Integration, Consulting) - Global Forecast to 2019
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