Desktop as a Service - Iceland

  • Iceland
  • Revenue in the Desktop as a Service market is projected to reach US$1.17m in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 18.73%, resulting in a market volume of US$2.76m by 2029.
  • The average spend per employee in the Desktop as a Service market is projected to reach US$4.64 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 Iceland is experiencing steady growth and development.

Customer preferences:
Customers in Iceland are increasingly opting for Desktop as a Service (DaaS) solutions due to their flexibility and cost-effectiveness. DaaS allows users to access their desktop and applications from any device with an internet connection, eliminating the need for expensive hardware upgrades and maintenance. This is particularly appealing to small and medium-sized businesses in Iceland, as it allows them to scale their IT infrastructure without incurring significant upfront costs.

Trends in the market:
One of the key trends in the DaaS market in Iceland is the increasing demand for cloud-based solutions. Cloud computing has gained significant traction in recent years due to its scalability, reliability, and cost-efficiency. As a result, many businesses in Iceland are migrating their IT infrastructure to the cloud, including their desktop environments. This trend is expected to continue as more businesses recognize the benefits of cloud-based DaaS solutions. Another trend in the market is the growing adoption of virtual desktop infrastructure (VDI) technology. VDI allows multiple users to access a centralized virtual desktop environment, which can be hosted on-premises or in the cloud. This technology enables businesses to streamline their IT operations, improve security, and enhance user experience. In Iceland, businesses are increasingly adopting VDI solutions to improve productivity and reduce IT costs.

Local special circumstances:
Iceland has a unique set of circumstances that contribute to the development of the DaaS market. The country has a highly educated workforce and a strong focus on technology and innovation. This creates a conducive environment for the adoption of advanced IT solutions like DaaS. Additionally, Iceland has a small population and a dispersed geography, which makes it challenging for businesses to maintain their own IT infrastructure. DaaS provides a practical solution by allowing businesses to outsource their desktop environments to specialized service providers.

Underlying macroeconomic factors:
The growth of the DaaS market in Iceland is also influenced by macroeconomic factors. The country has a strong economy with a high level of digitalization. This creates a favorable business environment for technology companies, including DaaS providers. Furthermore, Iceland has a well-developed IT infrastructure and a reliable internet connection, which are essential for the successful implementation of DaaS solutions. The government of Iceland also supports the development of the IT sector through various initiatives and incentives, further driving the growth of the DaaS market.

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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