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Thin Client Market Analysis

Report ID: GMI5508
Published Date: Mar 2023
Report Format: PDF

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Thin Client Market Analysis

Based on type, hardware segment held more than 75% share of the thin client market in 2022 and is estimated to record exponential growth through 2032. Thin client hardware is compact, windows less, less noisy, uses less power, and cost-effective compared to full desktop computers. Furthermore, the report cites that the increasing AI and IoT implementation in IT components to assure high performance, boost processing speeds, reduce power consumption, and improve overall functionality is projected to contribute to the growing adoption of thin client hardware, thereby favoring segment growth between 2023 and 2032.

In terms of end-use, the BFSI segment is estimated to hold around 20% share of the thin client market by the end of 2032. Leading firms in the banking and finance sector prefer thin client solutions as they enable centralized administration of hardware and software, allowing IT teams to track and regulate user access to critical data and applications from a single place. Moreover, thin client technology offers a more secure, affordable, and effective computing environment with AI technologies and maximum transparency in the IT operations of highly regulated banking and financial services.

As per connectivity, the thin client market is classified into wired and wireless. The wireless segment held a sizable revenue share in 2022 and is set to expand at more than 3% CAGR over 2023-2032. Wireless thin clients increase productivity and flexibility by enabling people to work from any location without being constrained by wired connections, thereby fostering the segment outlook. Moreover, prominent market participants are focused on developing novel solutions to meet the rising demand for wireless thin clients, which is anticipated to augment business revenue through 2032.

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North America thin client market generated more than USD 900 million in revenue in 2022 and is slated to exhibit a robust growth rate through 2032. Businesses are virtualizing applications and workstations to provide better security, resilience, and uninterrupted productivity for mission-critical work, particularly in hybrid work settings. Moreover, the U.S. is the breeding ground for almost 2065 cloud startups working on the development of innovative technologies. As a result, the surging number of cloud service providers, as well as the presence of market leaders and an increasing number of servers in the region, are some of the primary factors estimated to fuel business revenue over 2023-2032.

Authors: Suraj Gujar

Frequently Asked Questions (FAQ) :

Market size for thin client was worth more than USD 2 billion in 2022 and is projected to exhibit over 3% CAGR between 2023 and 203, driven by the proliferation of digital health technology in the healthcare industry.

The hardware segment held over 75% share of the thin client industry in 2022 and is projected to grow exponentially through 2032 owing to its surging adoption due to its benefits such as cost-effectiveness and low power consumption.

North America thin client industry was worth more than USD 900 million in 2022 and is expected to grow rapidly through 2032 due to the increasing presence of cloud service providers across the region.

The leading enterprises engaged in the thin client business are Fujitsu, ASUSTek Computer Inc., Clientron, Centerm Europe, Advantech Co., Ltd., Acer Inc., Hewlett Packard, and Dell, among others.