Industry News
Workstation Market Set for 8.6% CAGR During 2019–2029

The worldwide sales of workstation exceeded US$ 43 Bn in 2018, and is anticipated to exhibit a CAGR of 8.6% during the forecast period. The rising demand for virtual workstations and increasing preference for mobile workstation for 3D modelling and in the gaming industries are the factors creating potential growth opportunities for the workstation market.
According to the report, factors such as rising demand for 3D animation software, growing demand for digital content creation, and low energy consumption and reduction of hardware related expenditure are projected to drive growth of the workstation market.
Key Takeaways of Workstation Market Study
The adoption of mobile workstation is anticipated to grow significantly in manufacturing and gaming industries.
The engineering & design industry is expected to remain a key industry in the global workstation market due to the high demand from engineers and designers for the creation of 3D mechanical designs and engineering simulations.
The North American and Western European markets are expected to provide more lucrative opportunities in the workstation market as compared to other regional markets.
Asia Pacific excluding Japan is expected to be a key market in the workstation market. Moreover, India is expected to exhibit a noteworthy CAGR.
The growing demand of mobile workstations for creating complex engineering designs and simulations is expected to drive the workstation market growth during the forecast period.
Increasing Focus of Key Players on Product Innovation
Companies in the workstation market have started investing more in speeding up the process of product development and innovation. Leading players in the global market are adopting business expansion, acquisition, and collaboration strategies in a bid to capture a significant share of the global market.
For instance, in February 2018, HP announced that it will power up the performance of its bestselling workstation, the HP Z4, with the integration of Intel Xeon and Core X processors to support dual extreme graphics.
Some of the key players in the workstation market are Fujitsu Limited, Microsoft Corporation, NVIDIA Corporation, Intel Corporation, Dell EMC, Red Hat, Hewlett Packard Enterprise, HP Inc., Secunet AG, Citrix Systems, Lenovo Group Limited, Cisco Systems, Super Micro Computer, VMware, and other key players.
These insights are based on a report on Workstation Market by Future Market Insights.
-
Affiliate Industry5 days ago
Affiliates are the key to unlocking operator success in Africa
-
Asia5 days ago
Asian Poker Tour Announces Cancellation of APT Manila 2025
-
Asia5 days ago
Birmingham City Forms Alliance with GOD55 as Their Official Asian Betting Partner
-
Compliance Updates5 days ago
EPIC Global Solutions highlighted as a key element in PrizePicks’ iCAP Accreditation
-
eSports5 days ago
TEAM VITALITY WINS BLAST OPEN SPRING 2025 AND EXTENDS WIN STREAK TO 16 MATCHES
-
Africa4 days ago
Springbok Casino is Offering 25 Free Spins in Honour of South Africa’s Top 5 Wild Egg Hunters
-
Asia4 days ago
Asia Pioneer Entertainment Holdings Limited Announces FY2024 Annual Results: Returns to Profitability with Strong Revenue Growth
-
Industry News5 days ago
Raffle House response to Lotteries Council demand for parity with prize draws