Desktop as a Service - Armenia

  • Armenia
  • Revenue in the Desktop as a Service market is projected to reach US$715.30k in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 18.61%, resulting in a market volume of US$1,679.00k by 2029.
  • The average spend per employee in the Desktop as a Service market is projected to reach US$0.52 in 2024.
  • In global comparison, most revenue will be generated in the United States (US$2,041.00m in 2024).

Key regions: United Kingdom, Italy, Japan, United States, Canada

 
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Analyst Opinion

The Desktop as a Service Market in the Public Cloud Market in Armenia has been growing substantially, fueled by factors including the increasing use of digital technologies, growing awareness of the importance of health, and the convenience of online health services. This growth rate is largely influenced by the growing demand for efficient and cost-effective solutions in the country.

Customer preferences:
There has been a notable increase in demand for Desktop as a Service (DaaS) solutions in Armenia, driven by the growing preference for remote work and flexible work arrangements. This trend is further accelerated by the country's young and tech-savvy population, who are accustomed to using online platforms for various tasks. Additionally, the rise of co-working spaces and the need for cost-effective IT solutions have also contributed to the uptake of DaaS in the public cloud market.

Trends in the market:
In Armenia, the Desktop as a Service Market is experiencing a surge in demand, driven by the increasing adoption of cloud-based solutions by businesses. This trend is expected to continue in the coming years, with a focus on cost savings, scalability, and flexibility. Additionally, there is a growing trend of integrating DaaS with other cloud services, such as Infrastructure as a Service and Software as a Service, to create a comprehensive solution. This trend is significant for industry stakeholders as it presents opportunities for partnerships and collaborations to offer a more holistic cloud solution. However, it also poses potential challenges in terms of data security and service reliability, highlighting the need for robust solutions and effective risk management strategies.

Local special circumstances:
In Armenia, the Desktop as a Service Market within the Public Cloud Market is influenced by the country's small land size and population, as well as its location between Europe and Asia. This has led to a strong focus on efficiency and cost-effectiveness in the market, as well as a strong emphasis on security and data protection due to regional tensions. Additionally, the country's tech-savvy population and government support for digital transformation have contributed to the growth of the DaaS market in Armenia.

Underlying macroeconomic factors:
The Desktop as a Service Market within the Public Cloud Market in Armenia is heavily influenced by macroeconomic factors such as the country's economic stability, government policies, and investment in technology infrastructure. As the global demand for cloud-based services continues to rise, countries with strong economic growth and favorable regulatory environments, like Armenia, are experiencing faster market growth compared to regions with economic challenges and limited technology funding. Additionally, the increasing adoption of digital transformation and remote work due to the COVID-19 pandemic has further fueled the demand for Desktop as a Service solutions in Armenia.

Methodology

Data coverage:

The data encompasses B2B and B2C enterprises. Figures are based on the money spent at manufacturer price level (excluding VAT).

Modeling approach / Market size:

The segment size is determined through a top-down approach. We use financial statements such as annual reports, quarterly earnings, and expert opinions to analyze the markets. To estimate the segment size for each country individually, we use relevant key market indicators and data from country-specific industry associations, such as GDP and level of telecommunications infrastructure.

Forecasts:

We use a variety of forecasting techniques, depending on the behavior of the relevant segment. The main drivers are the GDP and the level of digitization.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.

Overview

  • Revenue
  • Analyst Opinion
  • Global Comparison
  • Methodology
  • Key Market Indicators
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