Desktop as a Service - Kuwait

  • Kuwait
  • Revenue in the Desktop as a Service market is projected to reach US$1.45m in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 13.82%, resulting in a market volume of US$2.77m by 2029.
  • The average spend per employee in the Desktop as a Service market is projected to reach US$0.57 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 Kuwait is witnessing steady growth within the Public Cloud market. Factors such as the country's increasing adoption of digital technologies, growing health awareness, and the convenience of online health services are contributing to this growth. The market's average growth rate is influenced by factors such as government initiatives to promote digital health and the increasing demand for cost-effective and efficient healthcare solutions.

Customer preferences:
As the workplace landscape continues to shift towards remote and hybrid models, there has been a notable increase in demand for Desktop as a Service (DaaS) solutions in Kuwait. This trend is driven by the need for flexible and scalable IT infrastructure, as well as the desire for more secure and efficient remote work options. Additionally, with the country's high smartphone penetration rate, there has been a growing preference for mobile-friendly DaaS platforms, catering to the on-the-go lifestyle of many Kuwaiti professionals. This shift towards DaaS reflects a larger global trend towards cloud-based solutions, as businesses and individuals alike seek more cost-effective and convenient ways to manage their IT needs.

Trends in the market:
In Kuwait, the Desktop as a Service Market within the Public Cloud Market is experiencing a surge in demand due to the increasing adoption of remote work and the need for flexible IT solutions. This trend is expected to continue in the coming years, with a growing number of businesses shifting towards cloud-based desktop solutions. This has significant implications for industry stakeholders, such as cloud service providers and IT solution providers, who will need to adapt their offerings to meet the evolving needs of the market. Additionally, this trend also highlights the importance of reliable and secure remote access solutions for businesses in Kuwait, as the demand for remote work is expected to remain high even after the pandemic.

Local special circumstances:
In Kuwait, the Desktop as a Service Market within the Public Cloud Market is influenced by the country's strong oil-based economy and its goal to diversify and modernize its economy. The government's initiatives to promote digital transformation and the country's high internet penetration rate are key factors driving the market. Additionally, Kuwait's geographical location as a hub for trade and business in the Middle East makes it a strategic market for cloud services. Cultural factors, such as the preference for online transactions and the increasing adoption of technology in businesses, also play a significant role in shaping the market dynamics.

Underlying macroeconomic factors:
The Desktop as a Service Market within the Public Cloud Market in Kuwait is impacted by a variety of macroeconomic factors. These include the country's overall economic health, global economic trends, fiscal policies, and other relevant financial indicators. Kuwait's strong economy and favorable regulatory environment have contributed to the growth of the Public Cloud Market and, in turn, the Desktop as a Service Market. Additionally, the increasing adoption of cloud computing and digitization in Kuwait's public and private sectors has created a demand for efficient and cost-effective cloud-based solutions, further driving the growth of the Desktop as a Service 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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