The Europe Thin Client Market would witness market growth of 3.4% CAGR during the forecast period (2023-2029).
The market is developing due to the increasing use of cloud computing. Several businesses are utilizing cloud computing to cut costs and gain access to information and programs that are not installed on computers or servers. As a virtual, dynamically scalable infrastructure, clouds have arisen to enable the quick delivery of computer resources as a utility. Numerous enterprises are switching to a hybrid and multi-cloud environment. The market is expanding as a result of a hardware solution that is relatively less expensive and safe due to a thin client.
Also, the market is predicted to have increased demand during the forecast period due to numerous companies' growing usage of workspace-as-a-service (WaaS). Many businesses utilize WaaS, a type of desktop virtualization, to give their employees remote access to apps.
Energy corporations that operate in a geopolitically important sector are frequently targeted by cyberattacks, particularly by foreign governments. But, leveraging the cloud as a foundation for desktop virtualization may allow sensitive data to be centrally stored and the cloud environment to be secured using authentication controls. As a result, this aspect is projected to increase demand in the thin client sector.
In Italy, almost 4 billion euros will be used to update hospital technology and digital infrastructure. With an extra investment of EUR 1.67 billion, the digital infrastructure of Italy's healthcare system will be improved. Patients and doctors will use electronic Health Records entirely everywhere (EHR). The Ministry of Health will get EUR 292 million to help. With these funds, the Ministry will be capable of improving its facilities and analytical tools, redesigning the regional NSIS, creating a telemedicine platform, and creating reliable simulation and prediction models for medium- and long-term healthcare scenarios. Thus, these factors are propelling market growth in the region.
The Germany market dominated the Europe Thin Client Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $105.6 million by 2029. The UK market is anticipated to grow at a CAGR of 2.6% during (2023 - 2029). Additionally, The France market would exhibit a CAGR of 4.2% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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.
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