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Predictions & Forecasts for Workspace as a Service (WaaS) Market

cloud computing 

WaaS is a virtual desktop solution where the user gets the desired applications and information delivered to their personal device from a third-party's cloud network.

Virtual desktops are the present and the future in each of the small or large scale enterprises. The overall virtual desktop market is predicted to have growth by 9% CAGR by the year 2022.

Moreover, the report says that the entire WaaS market is expected to reach 8.54 billion by 2025 at a CAGR of 9.7% from 4.90 billion in 2019.

These numbers indicate an inclination towards growth in the WaaS market.

Here are five predictions that we will see in the WaaS market in 2021 and 2022:

1.    Increased Flexibility

As we all know, Covid-19 forced businesses to adopt remote working practices, and employees started working remotely. Surveys say that more than half of the employees would like to continue their work from home even after this pandemic is over.

WaaS allows employees to log in to the corporate network via a virtual desktop environment created by a managed service provider (MSP). They can access the desired applications from desired time and location. Operating from a virtual desktop from the comfort of their home allows employees to maintain a healthy work-life balance.

2.    Highly Secure Workspace Environment

Cyber threats and data breaches became a familiar and regular problem in companies. McAfee's reports show that there are around 419 threats per minute that the different enterprises face globally.

We predict that WaaS solutions will bring new light to the cybersecurity sphere. Taking services from a cloud hosting provider like ACE Cloud Hosting, your data is stored under multiple security safeguards such as:

  • Single Sign-on (SSO) feature
  • TLS 1.3 and 256-bit encryption
  • Intrusion Detection and Prevention System (IDPS)
  • Multi-factor authentication
  • OS Hardening
  • Identity management

Moreover, reputable MSPs store your data in the data centers with high surveillance like CCTVs to gain physical security.

3.    Reduction in Workspace Expenses

Companies end up spending extra on the infra due to bulky servers, massive numbers of desktops, and hardware devices. Also, electricity costs are elevated as multiple high-power appliances like ACs have to be kept on in an office premise.

WaaS will reduce office expenses as it enables the workforce to work from remote locations. Hosted virtual desktops taken by MSPs will help to save your upfront investment on servers and desktops.

Companies will be looking forward to decreasing workspace size as employees work from home and servers or storage hard drives are managed at the provider's data centers, saving rental and property expenses.

4.    High-End Customized Workspace

Customization is not at all an easy task in a traditional workspace. Any specifications that need to change for a particular PC always charge extra, and more time is consumed.

With WaaS, companies can quickly provide necessary add-ons or applications to the employees according to their job profile. We predict that there will be more scope of customization in the coming years.

Users will be getting a high-end virtual desktop that they would run from even a lower specification device. Currently, highly reputable managed cloud service providers offer consistent speed and high uptime of 99.999%.

We see that there is more scope of improvement in smaller MSPs as well in the coming years.

5.    Using High-graphics Apps, not a nightmare anymore

In the current scenario, graphic designers and developers face speed and loading issues while using high-graphics applications from remote desktops.

However, with high-end workspaces, this will not be a nightmare anymore. Reputable MSPs offer high-end WaaS solutions where employees can work uninterrupted and lag-free on high-graphics applications.

The future will be of high speed, proper bandwidth, and high pixels for all the high-graphics applications.

Conclusion

WaaS has changed the business functionalities and impacted them on a positive note. We see that the future of WaaS is bright till the next decade.

To remain in this competition, small and medium scale businesses (SMBs) will be looking forward to WaaS solutions to cut their expenses and infra requirements.

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ABOUT THE AUTHOR

Yuvraj Jain 

Yuvraj Jain is a technology analyst at ACE Cloud Hosting, a leading VDI solutions provider. He is keen to write about the latest tech trends and is fond of exploring VDI technology, DaaS, hosted virtual desktop and cloud hosting services. In his free time, he likes to read blogs and books related to life.

Published Tuesday, March 16, 2021 10:14 AM by David Marshall
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