Desktop as a Service - South Korea

South Korea

Revenue in the Desktop as a Service market in South Korea is projected to reach US$56.06m in 2024.
Revenue in this market is expected to exhibit an annual growth rate (CAGR 2024-2029) of 15.59%, resulting in a market volume of US$115.70m by 2029.
The average spend per employee in the Desktop as a Service market in South Korea is projected to reach US$1.87 in 2024.
In global comparison, most revenue will be generated the United States, which is expected to reach US$2,041.00m in 2024.
South Korea's rapidly advancing technological infrastructure is fostering a growing demand for Desktop as a Service solutions in the public cloud market.

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

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Analyst Opinion

The Desktop as a Service market within the Public Cloud sector in South Korea is witnessing steady growth, influenced by factors such as increasing remote work trends, enhanced cybersecurity measures, and a growing preference for scalable IT solutions among businesses.

Customer preferences: The Desktop as a Service market in South Korea is experiencing a notable shift as consumers increasingly prioritize flexibility and mobility in their work environments. With a growing number of professionals embracing hybrid work models, there is heightened demand for virtual desktops that support seamless collaboration and accessibility from various devices. Additionally, younger generations are favoring subscription-based IT solutions, reflecting a cultural shift towards on-demand services. This trend is further propelled by an emphasis on sustainability, as businesses seek to minimize their physical footprint and streamline operations through cloud-based technologies.

Trends in the market: In South Korea, the Desktop as a Service (DaaS) market is witnessing a surge in demand as organizations adapt to hybrid work environments, prioritizing flexibility and remote accessibility. This shift is characterized by an increasing reliance on virtual desktop solutions that facilitate collaboration across diverse devices. Additionally, there is a notable preference for subscription-based models among younger professionals, reflecting a broader cultural embrace of on-demand services. As companies aim to enhance sustainability by reducing physical infrastructure, industry stakeholders must innovate and adapt to meet the evolving needs of a mobile workforce, ensuring competitive advantage in a rapidly changing landscape.

Local special circumstances: In South Korea, the Desktop as a Service (DaaS) market is shaped by the country's advanced technological infrastructure and high internet penetration rates, facilitating seamless remote work capabilities. Culturally, the emphasis on work-life balance among younger professionals drives the demand for flexible work solutions. Additionally, stringent data privacy regulations compel organizations to adopt secure DaaS offerings, influencing the market's growth. As businesses increasingly prioritize efficiency and sustainability, the unique combination of these factors positions South Korea as a dynamic player in the global DaaS landscape.

Underlying macroeconomic factors: The Desktop as a Service (DaaS) market in South Korea is significantly influenced by macroeconomic factors such as robust technological advancements, favorable fiscal policies, and a strong national economy. The government's investment in digital infrastructure and support for cloud adoption fosters a conducive environment for DaaS growth. Additionally, global economic trends, including the shift towards remote work and digital transformation, further accelerate demand. South Korea's high GDP per capita and low unemployment rate contribute to increased corporate spending on innovative IT solutions, positioning DaaS as an essential component of modern business strategies in the region.

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.