Thin Client Market Expected to reach 1.32 Billion USD by 2023
According to the new
market research report "Thin
Client Market by Form Factor (Standalone, With Monitor, and Mobile),
Application (Enterprise, Government, Education, and Industrial), and Geography
(Americas, Europe, Middle East & Africa, and Asia Pacific) - Global
Forecast to 2023", the thin client market is expected to grow from USD
1.19 Billion in 2017 to USD 1.32 Billion by 2023, at a CAGR of 1.8% between
2017 and 2023. The factors driving the growth of this market are reduced cost
and energy consumption, easy and centralized manageability, and increased
infrastructure security.
“The thin client market for the with monitor form factor
is expected to grow at the highest CAGR during the forecast period”
With monitor form
factor is expected to grow at the highest CAGR in the thin client market
between 2017 and 2023. The demand for the with monitor thin clients is growing
mainly in the education and healthcare industries. The increasing demand is
attributed to the need of replacing the old computers with a single system that
reduces the space requirement at an affordable cost and also lowers the energy
consumption in the long run.
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“The thin client market for the education application is
expected to grow at the highest CAGR during the forecast period”
The thin client
market for education is expected to grow at the highest CAGR between 2017 and
2023. The educational institutes, such as colleges, research institutions, and
labs, are adopting thin clients to reduce energy consumption and control the
monitors centrally, either at the systems of professors or IT control
department. Also, the use of thin clients reduces the cost of the system
upgrades for institutes and time spent by professors and students to set up the
fat clients at every login.
“Asia Pacific (APAC) expected to lead the thin client
market between 2017 and 2023”
Asia Pacific (APAC)
is expected to hold the largest share of the thin client market during the
forecast period. The thin client markets in APAC, including the countries such
as China, India, Japan, Korea, Australia, and Singapore, are expected to grow
at the highest CAGR due to large deployment of these devices in these
countries. For instance, banks and financial institutions in China are largely
deploying thin clients to improve the security, and manage and control the
systems centrally.
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The major players
operating in the thin client market include Dell (US), HP (US), NComputing
(US), Centerm (China), Igel (Germany), 10Zig (US), Fujitsu (Japan), Samsung
(South Korea), Lenovo (China), LG Electronics (South Korea), NEC (Japan), ASUS
(Taiwan), Cisco (US), Advantech (Taiwan), and Siemens (Germany).
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