Asia Pacific Thin Client Market Size, Share & Industry Trends Analysis Report By Form Factor (Standalone, With Monitor and Mobile), By Application, By Country and Growth Forecast, 2023 - 2029
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Market Report Description
The Asia Pacific Thin Client Market would witness market growth of 4.0% CAGR during the forecast period (2023-2029).
The market for thin clients is predicted to develop in the coming years due to the rising demand from various industries for energy-efficient devices. Personal computers have all their components installed locally, so processing demands are higher. Yet, it was found that thin clients use less power because most components are housed on virtual means. Furthermore, the thin client doesn't heat up or need room air conditioning to cool things down.
Thin clients are much more power-saving than PCs due to these aspects, which helps businesses cut costs. The market is anticipated to be driven by growing demand for thin clients in the information technology (IT) and gaming industries. In addition, the demand for powerful processing and strong data integrity is continually rising in the IT and gaming industries. Thin client solutions can accomplish these benefits, which is anticipated to accelerate market expansion.
India is one of the world's Fintech markets with the quickest growth rates. There are currently more than 2,000 DPIIT-recognized Financial Technology (FinTech) businesses in India, which is rapidly increasing. Between 2021 and 2025, it is projected that the Indian fintech sector will be valued at $50 billion and $150 billion, respectively. By 2023, the Indian fintech industry is anticipated to have $1 trillion in assets under management (AUM) and $200 billion in revenue. The most popular sectors were payments, lending, and insurance (2021). Payments, Lending, Wealth Technology (Wealth Tech), Personal Financial Management, Insurance Technology (InsurTech), Regulation Technology (RecTech), and many other subsegments make up the Indian Fintech business ecosystem. This will surge the market growth in Asia Pacific.
The China market dominated the Asia Pacific Thin Client Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $185.9 million by 2029. The Japan market is estimated to grow a CAGR of 3.4% during (2023 - 2029). Additionally, The India market would experience a CAGR of 4.6% during (2023 - 2029).
Based on Form Factor, the market is segmented into Standalone, With Monitor and Mobile. Based on Application, the market is segmented into Education, Information & Technology Services (ITS), Government, Retail, Industrial, BFSI, Healthcare and Transportation. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Thin Client Market is Projected to reach USD 1.7 Billion by 2029, at a CAGR of 3.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Hewlett Packard Enterprise Company (HP Development Company L.P.), Dell Technologies, Inc., Fujitsu Limited, Intel Corporation, LG Electronics (LG Corporation), Arista Networks, Inc., Samsung Electronics Co., Ltd. (Samsung Group), Lenovo Group Limited, Advantech Co., Ltd. and Acer, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Form Factor
- Standalone
- With Monitor
- Mobile
By Application
- Education
- Information & Technology Services (ITS)
- Government
- Retail
- Industrial
- BFSI
- Healthcare
- Transportation
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Hewlett Packard Enterprise Company (HP Development Company L.P.)
- Dell Technologies, Inc.
- Fujitsu Limited
- Intel Corporation
- LG Electronics (LG Corporation)
- Arista Networks, Inc.
- Samsung Electronics Co., Ltd. (Samsung Group)
- Lenovo Group Limited
- Advantech Co., Ltd.
- Acer, Inc.
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Related Reports:
Global Thin Client Market Report 2023-2029
North America Thin Client Market Report 2023-2029