The thin client market is expected to grow at a CAGR of 1.8% between 2017 and 2023, and it would be worth USD 1.32 billion by 2023

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Jan 15, 2018, 03:40 ET

NEW YORK, Jan. 15, 2018 /PRNewswire/ -- The thin client market is expected to grow at a slow rate between 2017 and 2023

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The thin client market is expected to grow at a CAGR of 1.8% between 2017 and 2023, and it would be worth USD 1.32 billion by 2023. The key factors driving the growth of the thin client market are the development strategies implemented by the players operating in the thin client market, which include agreements, product launches and developments, partnerships, merger and acquisition, along with the reduced cost and energy consumption, easy and centralized manageability, and increased infrastructure security associated with the adoption if thin clients. However, the major restraining factors for the growth of this market is the network lags in developing countries for cloud computing

Standalone form factor is expected to hold the largest share of the thin client market during the forecast period
The standalone form factor is expected to hold the largest size of the overall thin client market. The largest share of this segment is attributed to the availability of these clients at lower costs than that of the with monitor and mobile thin clients. Also, these devices come with an easy installation and are a fast alternative to the fat clients

The enterprise application is expected to hold the largest share of the overall thin client market in 2017
The largest share of the enterprise application in the thin client market is attributed to the increased adaptation of thin client devices in these applications as a computing solution. The market for enterprise includes the financial and business services, IT, telecom, utilities, wholesale and retail, construction, transportation, and healthcare industries. Healthcare, financial and business services, IT, and telecom are the prominent application area for thin clients

The thin client market in Asia Pacific is expected to grow at the highest CAGR during the forecast period
The thin client market in Asia Pacific (APAC) is expected to grow at the highest CAGR between 2017 and 2023. The thin client markets in countries such as China, India, Japan, Korea, Australia, and Singapore are expected to exhibit high rates due to the large deployment of these devices in various applications.

The break-up of the profiles of primary participants for the report has been given below.
• By Company: Tier 1 – 45%, Tier 2 – 30%, and Tier 3 – 25%
• By Designation: C-Level Executives – 35%, Managers Level – 52%, and Others – 13%
• By Region: Americas – 56%, APAC – 19%, and Europe – 25%.
Note: "Others" comprises directors and consultants in thin client market.

The key players operating in the thin client market are Dell (US), HP (US), NComputing (US), Centerm (China), Igel (Germany), 10Zig (US), Fujitsu (Japan), Samsung (South Korea), Lenovo (China), LG Electronics (South Korea), NEC (Japan), ASUS (Taiwan), Cisco (US), Advantech (Taiwan), and Siemens (Germany).

Research Coverage:
In this research report, the thin client market is segmented on the basis of form factor, application, and geography. The market based on form factor has been subsegmented into standalone, with monitor, and mobile. On the basis of application, the market has been further segmented into enterprise, government, education, and industrial.

Key Benefits of Buying the Report:
Illustrative segmentation, analysis, and forecast for the market based on form factor, application, and geography have been provided to present an overall view of the thin client market.
The value chain analysis has been provided for in-depth insight into the thin client market.
The major drivers, restraints, opportunities, and challenges for the thin client market have been detailed in this report.

Read the full report: https://www.reportlinker.com/p05284975

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