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Redding, California - July 2, 2024

Thin Client Market to be Worth $2.0 Billion by 2031

Thin Client Market Size, Share, Forecast, & Trends Analysis by Type (Hardware Thin Clients and Software Thin Clients), Connectivity Type (Wired Thin Clients and Wireless Thin Clients), and End User (Residential, Commercial, and Industrial)—Global Forecast to 2031


Meticulous Research®—a leading global market research company, published a research report titled, Thin Client Market by Type (Hardware Thin Clients and Software Thin Clients), Connectivity Type (Wired Thin Clients and Wireless Thin Clients), End User (Residential, Commercial, and Industrial), and Geography—Global Forecast to 2031.

According to this latest publication from Meticulous Research®, the thin client market is expected to reach $2 billion by 2031, at a CAGR of 3.2% from 2024–2031. The growth of the thin client market is driven by the rising adoption of cloud-based services, the increasing demand for data centers, and a growing focus on data security. However, reliance on central servers for network connectivity may restrain the market’s growth.

Moreover, the rising need to access applications from various locations and the increasing utilization of cloud computing is expected to create growth opportunities for players in the thin client market. However, latency issues when accessing graphic-intensive applications and server performance bottlenecks are some of the challenges impacting the market’s growth.

Additionally, the growing demand for VDI technology and the increasing focus on energy efficiency among organizations are prominent trends in this market.

The thin client market is segmented into type (hardware thin clients {desktop thin clients, mobile thin clients, and all-in-one thin clients} and software thin clients {on-premise deployments and cloud-based deployments}), connectivity type (wired thin clients and wireless thin clients), and end user (residential, commercial {retail, healthcare, office spaces, BFSI, hospitality, schools & educational institutes, and other commercial enterprises}, and industrial {automotive, transportation & logistics, government & defense, manufacturing, energy & utilities, and other industries}). The study also evaluates industry competitors and analyzes the market at the regional and country levels.

Based on type, the thin client market is segmented into hardware thin clients and software thin clients. In 2024, the hardware thin clients segment is expected to account for the larger share of over 74.0% of the thin client market. This segment’s large market share can be attributed to the increasing adoption of thin clients, which are cheaper than traditional desktops or laptops, require less maintenance, and have a longer lifespan due to fewer components. Additionally, thin clients use less power than desktop computers, leading to energy savings and a reduced environmental footprint. Moreover, the flexibility of thin clients allows for easy scalability—they can be added or removed without major changes to the existing infrastructure. Their design minimizes the risk of data loss since data is stored centrally rather than on built-in storage.

However, the software thin clients segment is projected to register the higher CAGR during the forecast period. This segment’s growth is driven by the benefits offered by software thin clients in enterprise environments, where resource efficiency, cost-effectiveness, and centralized management are crucial. Software thin clients can run on inexpensive hardware, utilizing servers for processing power, which reduces maintenance costs. They can operate on various devices, including old PCs, tablets, and smartphones, extending their lifespan and reducing electronic waste. This flexibility allows for the conversion of traditional PCs or laptops into thin clients, supporting sustainability efforts and lowering carbon footprint.

Based on connectivity type, the thin client market is segmented into wired thin clients and wireless thin clients. In 2024, the wired thin clients segment is expected to account for the larger share of over 62.0% of the thin client market. Wired thin clients are computing devices that rely on a central server for processing power, storage, and application functionality. These devices have gained popularity due to their economic and operational benefits. Wired thin clients are typically more cost-effective than full-fledged PCs due to simpler hardware and lower power consumption. With minimal operating systems and no local storage, they offer enhanced security by minimizing vulnerability to malware and data breaches. Centralized management of software updates, security patches, and user access from the server reduces manual error and ensures consistent security across all devices. These benefits contribute to the large market share of this segment.

However, the wireless thin clients segment is projected to register the higher CAGR during the forecast period. Wireless thin clients enable users to access their virtual desktops wirelessly within the network's range. Additionally, the absence of wires promotes a cleaner and more organized workspace. This flexibility in workstation placement is particularly advantageous in dynamic environments like healthcare facilities or warehouses. Moreover, wireless thin clients consume less power than traditional desktops or laptops, leading to reduced energy costs. They are also easier to install and often feature a more compact and streamlined design due to the absence of bulky network connectors. These benefits are anticipated to drive the adoption of wireless thin clients during the forecast period.

Based on end user, the thin client market is segmented into residential, commercial, and industrial. In 2024, the commercial segment is expected to account for the largest share of over 48.0% of the thin client market. This segment’s large market share can be attributed to the increasing demand for thin clients across sectors such as BFSI, education, and healthcare. Thin clients offer various benefits for these sectors, including enhanced security, centralized endpoint management, scalability, support for legacy applications, and simplified disaster recovery plans.

In the BFSI sector, where sensitive data is constantly handled, thin clients ensure centralized data storage, reducing the risk of data breaches and loss. They enable financial institutions to rapidly scale their IT infrastructure, adapting to evolving business needs without significant capital investment. Thin clients also facilitate secure remote access to financial systems, supporting the trend of remote work in the BFSI sector.

Market players are launching new solutions in response to the rising demand. For instance, in April 2024, AO Kaspersky Lab (Russia) launched Kaspersky Thin Client 2.0 (KTC 2.0) at the Dubai Cyber Immunity Conference. Thin Client 2.0 offers enhanced connectivity, higher speed of application delivery, lower total cost of ownership, user-friendly graphical interface, and quick deployment.

Moreover, the commercial segment is projected to register the highest CAGR during the forecast period.

Based on geography, the thin client market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2024, North America is expected to account for the largest share of over 41.0% of the thin client market. North America’s significant market share can be attributed to the increasing adoption of cloud computing and desktop virtualization (VDI) solutions such as RDS (Remote Desktop Services) and DaaS (Desktop as a Service), advancements in virtualization technologies, and the rising trend of working remotely, which drives the need for seamless access to corporate applications and data from multiple locations.

North America has a robust and continually improving network infrastructure, facilitating the effective deployment and operation of thin clients. Businesses in the region prioritize reducing IT costs, and thin clients offer lower upfront and ongoing costs compared to traditional desktops. Several companies in North America have introduced initiatives to develop this market further. For example, in November 2023, Amazon Web Services, Inc. (U.S.) launched Amazon WorkSpaces, a thin client service that helps organizations reduce overall virtual desktop costs, enhance security posture, and simplify end-user deployment. The WorkSpaces thin client service provides comprehensive IT administrator tools for inventory management and allows remote resetting, patching, and access control of thin client devices.

However, the market in Asia-Pacific is projected to register the highest CAGR of 5.0% during the forecast period.        The growth of this regional market is driven by rapid expansion in data center infrastructure, increasing internet penetration, initiatives by local and state governments aimed at accelerating digital transformation, and the significant adoption of cloud computing and edge computing technologies in the region.

Countries like China, India, and Southeast Asian nations are experiencing rapid economic growth, leading to increased IT investments. Organizations are seeking cost-effective IT solutions to support their expansion, and thin clients offer a lower total cost of ownership compared to traditional desktops. Data security is a major concern for businesses in the APAC region, and thin clients provide enhanced security benefits by centralizing data processing and storage on servers, which reduces the risk of unauthorized access and data breaches compared to traditional PCs with local storage. Thin clients can also play a pivotal role in supporting digital learning initiatives in educational institutions across Asia-Pacific. They enable remote learning by allowing students to access educational resources and applications from anywhere with an internet connection.

Key Players:

The key players operating in the thin client market include Dell Technologies Inc. (U.S.), HP Inc. (U.S.), Fujitsu Limited (Japan), Lenovo Group Ltd. (Hong Kong), Fujian Centerm Information Co., Ltd. (China), VXL Instruments Ltd (India), Seal Technologies Co (India), Thinvent (India), Green VDI (India), OnLogic, Inc. (U.S.), Advantech Co., Ltd. (Taiwan), ClearCube Technology, Inc. (U.S.), Samsung Electronics Co., Ltd. (South Korea), NComputing Co., Ltd. (U.S.), 10ZiG Technology (U.S.), LG Electronics, Inc. (U.S.), and Amulet Hotkey Ltd. (U.K.).

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Key Questions Answered in the Report:

  • What are the high-growth market segments in terms of type, connectivity type, and end user?
  • What was the historical market size for the thin client market?
  • What are the market forecasts and estimates for 2024–2031?
  • What are the major drivers, restraints, opportunities, challenges, and trends in the thin client market?
  • Who are the major players in the thin client market, and what are their market shares?
  • What is the competitive landscape like?
  • What are the recent developments in the thin client market?
  • What are the different strategies adopted by major market players?
  • What are the trends and high-growth countries?
  • Who are the emerging players in the thin client market, and how do they compete with other players?

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Thin Client Market - Global Opportunity Analysis And Industry Forecast (2024-2031)
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