‘With Monitor’ Segment is Anticipated to Grow at Largest CAGR from 2017 to 2025
The zero client market is estimated to grow from USD 336 million in 2017, to reach at USD 480 million by 2025, at a CAGR of 4.56% from 2017 to 2025. The developments in the ecosystem through organic and inorganic growth strategies such as product launches and developments, partnerships, collaborations, agreements, and mergers and acquisitions is expected to boost the growth of the zero client market. The zero client market ‘with monitor’ is expected to increase at a CAGR of 5.24% during the forecast period, which is the highest among all three types. The increase in adoption of ‘with monitor’ zero clients in the education and healthcare industries contributes to the fastest projected growth of this segment during the forecast period. LG & ViewSonic are major players involved in the manufacture of ‘with monitor’ zero client.
Europe Dominated Zero Client ‘With Monitor’ Segment in 2017
Europe dominated the zero client ‘with monitor’ segment in 2017, and accounted for 43% share, in terms of market value. This is due to the growth in adoption of zero client from industries such as education and banking to reduce the physical operating space; thereby making work easy and efficient. However, Asia-Pacific is expected to witness maximum CAGR of 5.57% over the forecast period, due to the growth of healthcare and financial sector.