Thin Client Global Market Report 2024

The thin client market size has grown steadily in recent years. It will grow from $1.55 billion in 2023 to $1.6 billion in 2024 at a compound annual growth rate (CAGR) of 3.8%. The growth observed in the historical period can be attributed to factors such as cost reduction, energy efficiency, centralized manageability, infrastructure security, and the increasing demand for low-cost devices.

The thin client market size is expected to see steady growth in the next few years. It will grow to $1.87 billion in 2028 at a compound annual growth rate (CAGR) of 3.9%. The anticipated growth in the forecast period can be attributed to increasing investments in data, a rising demand for cloud infrastructure, a growing need for virtual desktop solutions, increased demand for enterprise computing, and a rising demand for thin client solutions in the Asia Pacific region. Noteworthy trends in the forecast period include the adoption of thin clients in the healthcare, education, and transportation sectors, an increasing demand for mobile thin clients, a growing market share in North America, a rising demand for thin clients in the retail sector, and an increasing demand for thin clients in industrial applications.

The anticipated increase in cloud computing adoption is set to drive the growth of the thin client market in the future. Cloud computing involves delivering computing services over the Internet, encompassing servers, storage, databases, networking, software, analytics, and intelligence. A thin client serves to connect to a server-based environment in the cloud, enhancing cloud computing setups with added security and control. As reported by Eurostat in December 2021, 41% of EU enterprises utilized cloud computing in 2021, a rise from 36% in 2020. This increase was primarily for hosting e-mail systems and storing electronic files, showing a 5% growth compared to 2020. Additionally, in 2021, 72% of major EU organizations reported employing cloud computing, indicating a relatively high adoption rate. Consequently, the growing adoption of cloud computing is steering the growth of the thin client market.

The upward trajectory of remote work is expected to contribute significantly to the expansion of the thin client market. Remote work involves performing job duties outside a traditional office, often facilitated by digital technology and communication tools. Thin clients connect to a central server or cloud infrastructure, streamlining software updates, security patches, and system configurations. According to a Forbes Advisor report in June 2023, the percentage of remote workers in the U.S. is projected to increase from 27% in 2023 to an estimated 22% of the workforce, or approximately 32.6 million Americans, by 2025. Presently, 66% of U.S. employees work remotely at least part-time, with 40% experiencing increased productivity while working from home during the pandemic. Consequently, the rising trend of remote work is propelling the growth of the thin client market.

Product innovations stand out as a key trend gaining traction in the thin client market, with major companies leveraging innovative products to maintain their market positions. For example, in July 2022, Amulet Hotkey, a UK-based IT services and consulting company, introduced the next generation of DX series ultra-thin clients tailored for remote, hybrid, and collaborative working. This latest addition to the DX series provides users with the flexibility to choose from thin client operating systems, including Stratodesk NoTouch OS, IGEL OS, and Windows IoT, preconfigured for simplified deployment.

Strategic partnerships are a strategic approach adopted by major companies operating in the thin client market to enhance their market offerings. Strategic partnerships involve leveraging each other's strengths and resources to achieve mutual benefits and success. In September 2023, Kaspersky, a Russia-based cybersecurity company, partnered with Centerm, a China-based hardware and terminal solutions provider, to introduce Cyber Immune thin client solutions. These solutions incorporate advanced security features and KasperskyOS for heightened antivirus capabilities, addressing the increasing demand for secure remote workplaces. This collaboration facilitates global market entry for Kaspersky and contributes significantly to the growth of the thin client market by offering state-of-the-art protective solutions.

In October 2021, HP Inc., a U.S.-based information technology company, acquired Teradici Corporation for an undisclosed amount. This acquisition enhances HP's Personal Systems divisional capabilities by introducing new computer models and software-enabled digital services suited for hybrid work. Teradici Corporation, based in Canada, is a software provider offering thin client subscriptions.

Major companies operating in the thin client market report are LG Electronics Inc., Samsung Group, Dell Technologies, Intel Corporation, HP Inc., Lenovo Group Limited, Cisco Systems Inc., Fujitsu Ltd., NEC Corporation, Acer Inc., Arista Networks Inc., Advantech Co. Ltd., Siemens Ltd., ViewSonic, IGEL Technology GmbH, Clearcube Technology, Teradici Corporation, 10ZiG Technology, NComputing, Atrust, Thinvent, Atrust Computer Corp., Stratodesk Corp, VXL Technology, Praim.

North America was the largest region in the thin client market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the thin client market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the thin client market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The primary types of thin clients include hardware, software, desktop-based, services, and other variations. Hardware encompasses any physical component of an analog or digital computer. The form factors for thin clients include standalone, with a monitor, and mobile, catering to industries such as Banking, Financial Services and Insurance (BFSI), IT and telecom, healthcare, government, education, industrial, retail, and others.

The thin client market research report is one of a series of new reports that provides thin client market statistics, including thin client industry global market size, regional shares, competitors with a thin client market share, detailed thin client market segments, market trends and opportunities, and any further data you may need to thrive in the thin client industry. This thin client market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The thin client market consists of revenues earned by entities by providing thin client services such as web browsing, web applications such as online games, and search engines. The market value includes the value of related goods sold by the service provider or included within the service offering. The thin client market also includes sales of the thin client CD8805, C3Pi+ thin client, and Elite t665 thin client, which are used in providing thin client services. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.