An Incisive, In-depth Analysis on the Workstation Market
This study offers a comprehensive, 360 degree analysis on the Workstation market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Workstation market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.
Global Workstation Revenue to Expand at a CAGR of 9.8% During the Forecast Period (2016–2026), Driven by Rising Demand for 3D Animation Software and Increasing Demand of Workstations in a Wide Range of Applications
A workstation is an advanced computer designed for scientific and technical applications. Workstations are professionally designed for high-end user applications, including digital content creation, finance modelling, scientific and software engineering and others. Workstations can run multi-user operating systems and feature an array of independent disks, SSD and optimized GPU.
Personal computers are majorly used for simple applications, such as word processing, e-mail writing and software presentation, etc. in a typical office. Workstations have been developed to manage critical tasks, such as computer aided design (CAD), number-crunching and video editing applications, where intelligent performance plays an important role.
Workstations have currently established strong presence in engineering and digital content creation (DCC) applications. In addition, increase in demand for workstations in software engineering applications to accomplish critical projects is being witnessed. Workstations are majorly used for critical workloads which require advanced features, such as graphic cards and high end resolution.
Globally, tower workstation segment’s value share contribution to the overall market revenue is significantly higher than the contribution of the other segments. This can be attributed to strong demand for tower workstations in some developing nations for end-user application, such as digital content creation (DCC), finance/economic, scientific, software engineering and other commercial purposes. The tower workstation segment is expected to lose 780 BPS by 2026 as compared to that by 2016 end and account for 53.5% value share by 2026.
Globally, windows workstation segment’s value share contribution to the overall market revenue has been significantly higher as compared to the Linux and Unix workstation segment’s share. This can be attributed to strong demand for Windows workstations for digital content creation and virtual reality content creation in oil and gas exploration and software Engineering industries. The Windows workstations segment is expected to gain 150 BPS by 2026 as compared to that by 2016 end and account for 92.2% value share by 2026.
Increasing demand for mobile and all-in-one workstations is boosting the growth of overall workstation market. All-in-one workstations are innovatively designed for high-end users to meet all kinds of professional and business needs.
Rising demand for 3D animation software and increasing demand for workstations for a wide range of applications to boost the Workstations market
Rising adoption of 3D animation software is leading to growing demand for advanced applications, such as CAD, to develop 3D animated products. These applications can run on workstations and thus, the demand for workstations is witnessing a major boost. Increase in the usage of 3D animation software in manufacturing, architecture and design and construction industries will fuel the demand for workstations across the globe.
In 2014, the global 3D animation market was valued at US$ 21.1 Bn and the market is estimated to expand at a CAGR of 8.1% over 2014–2026
Geographically, North America is the fastest growing market for 3D animation technology owing to increasing demand for workstations among consumers in the region
Currently, workstations are used across most industries in developed countries for tasks ranging from medical diagnostics to financial modelling. Workstations have become standard equipment for engineers, analysts, content creators and others owing to growing requirement for significantly high levels of performance, data integrity and visualization. This, in turn is, driving demand for workstations in the professional and business world.
Engineering software, such as computer-aided engineering (CAE) software, computer-aided designing (CAD), electronic design automation (EDA) software, computer-aided manufacturing (CAM) and architecture, construction (AEC) software, require multi-processors and high speed capacity for data rendering, which is not supported by PCs. As a result, demand for high-processing advanced workstations is increasing to run these software effectively. Hence, the engineering sector accounts for a large share in the workstation market and is fuelling the growth of the overall workstation market.
Several players in this workstation market are investing in product launches & innovations, partnerships and acquisitions. For instance, in 2013, Dell introduced a new lineup of Dell precision mobile workstations with significant updates in terms of technology and processing power. In 2014, Dell collaborated with YETI Coolers, to enhance performance of its mobile Dell Workstations and run complex 3D modelling and simulation software.
In March 2016, Lenovo Group introduced ThinkStation P910 and ThinkStation P710 workstations that can handle ISV-certified applications.
In addition to this, FUJITSU recently came up with Celsius H760, an advanced CAD focused mobile workstation built around Xeon CPU and quad core Intel Skylake Core i7 for handling high-end business workloads in big organizations.
Global workstation market is categorized on the basis of product, operating system, application and region
On the basis of product, the workstation market is segmented into tower workstation, mobile workstation, rack workstation, blade workstation and all-in-one workstation. Among these, tower workstations are used for financial modeling and scientific applications. Mobile workstations are suitable for portable 3D design, scientific computing and multimedia creation. Rack workstations act like a server with storage backup and additional performance capabilities and blade workstations are majorly used for disaster recovery and data security application.
The revenue contribution of workstation from the mobile workstation segment is expected to expand at a CAGR of 10.4% during the forecast period. On the basis of operating system, the workstation market is segmented into Windows, Linux, and Unix. The revenue contribution of the Windows workstation segment is expected to expand at a CAGR of 9.9% during the forecast period. On the basis of application, the global workstation market is segmented into digital content creation, Economic/Finance, Engineering, Scientific, Software Engineering and Other Commercial applications. The revenue contribution of workstations from the digital content creation segment is expected to expand at a CAGR of 11.6% during the forecast period.
On the basis of region, the workstation market is segmented into North America, Latin America, Eastern Europe, Western Europe, APEJ, Japan and Middle East & Africa.
North America and Western Europe are expected to maintain key market positions in the workstation market in the coming years
Among the key regional markets, the MEA workstation market is projected to exhibit relatively higher growth in the global workstation market while expanding at a CAGR of over 10.7% during the forecast period. Revenue from the workstation market in North America and Western Europe is expected to have collectively accounted for over 68.2% of the global workstation market revenue in 2016. Some of the key competitors in workstation market are HP Inc., Dell Inc., Lenovo Group Limited, FUJITSU, and NEC Corporation.
Mac Pro and PC are lagging behind in the competition in North America as powerful new workstations from HP, Lenovo and Dell carrying highly advanced technology are gaining popularity. New advanced workstations for professional applications, video editing, and creation of VR content for headsets, including HTC Vive and Oculus Rift, are gaining popularity. The high computing performance and multi-software processing capability of workstations is also adding to their popularity in the United States.
Country Level Analysis
In country level analysis, FMI provides detailed analysis of major countries in the seven regions of the world: North America, Latin America, Eastern Europe, Western Europe, APEJ, Japan, and Middle East & Africa. In terms of revenue, the U.S accounted for largest market share in 2016 due to increasing adoption of high-end workloads in enterprises.
Future Market Insights offers a 10-year forecast for the workstation market for the period between 2016 and 2026. In terms of value and volume, the workstation market is expected to register a CAGR of 9.8% during forecast period. This workstation market study demonstrates the global market dynamics and trends across various regions, such as North America, Latin America, Eastern Europe, Western Europe, APEJ, Japan and Middle East & Africa as well as influence the current nature and future status of the workstation market over the forecast period.
This research report provides a detailed analysis of the workstation market and offers insights on various factors. This workstation market study provides a comprehensive assessment of stakeholder strategies and discusses the imperatives for succeeding in the business. Some of the stakeholders in the workstation market include OES, workstation manufactures, technology providers, system integrators and OS providers. The workstation report segregates the market based on product, operating system and application across different regions worldwide.
Increasing demand for networking & graphics is one the important drivers for the workstation market. Powerful graphics & networking software run slowly and inadequately on desktop PCs as graphics product services demand multi-core processors in the form of traditional x86 CPUs and massively parallel processor graphics processing units (GPUs). Workstations ensure the compatibility between the drivers and applications. Moreover, rising demand for networking & graphics services and products across the world is, in turn, promoting the growth of the workstation market. The younger population is inclining towards high-end video graphic games, which is fuelling the growth of the graphics industry as workstations are the most preferred hardware to run these high-end video graphic games and this, in turn, is boosting the growth of the workstation market.
Mobile workstations are currently available to customers with processors ranging from Core i3 to Xeon. Computing capacity previously available only in tower workstations is now also available in mobile workstations. Hence, the mobile workstation segment is growing rapidly in the workstation market and is, in turn, fuelling the overall workstation market growth in terms of shipment.
The workstation market report starts with an overview of the global workstation market in terms of value and volume. In addition, this section includes the analysis of key trends, pricing analysis, drivers and restraints that are influencing the workstation market. An impact analysis of key growth drivers and restraints has been included in the workstation market report to facilitate clients with crystal-clear decision-making insights.
The global workstation market is categorized on the basis of product, operating system, technology, end-use industry and region. On the basis of product, the global workstation market is segmented into tower workstations, mobile workstations, rack workstations, blade workstations and all-in-one workstations. In terms of revenue contribution, the tower workstation segment accounted for the largest market as compared to other workstations in 2016.
Another segment of the workstation market discusses segmentation by operating system. This section provides detailed analysis of each operating system type. On the basis of operating systems, the workstation market is segmented into Windows, Linux and Unix.
The next section of the report provides a detailed analysis of workstations across various countries in different regions. It provides the market outlook for 2016–2026 and sets the forecast within the context of the workstation market to include the latest product offerings as well as innovations in the market. This workstation market study discusses key trends within countries contributing to the growth of the workstation market as well as analyzes the degree to which the drivers are influencing this market in each region. Key regions and countries assessed in this workstation report include North America (U.S. and Canada), Latin America (Argentina, Brazil, Mexico, and Rest of Latin America), Western Europe (EU5, Nordic, Benelux and Rest of Western Europe), Eastern Europe (Russia, Poland and the Rest of Eastern Europe), APEJ (China, India, ASEAN, Oceania and Rest of APEJ), Japan and MEA (GCC, South Africa, Israel, Turkey and Rest of MEA).
This workstation report evaluates the present scenario and growth prospects for the workstation market across various regions globally for the period 2016–2026. We have considered 2015 as the base year and provided data for 2016. The forecast presented in the workstation report assesses the total revenue by value and volume across the market. To offer an accurate forecast, we started by sizing the current workstation market, which forms the basis of how the workstation market will develop in the future. Given the characteristics of the workstation market, we have triangulated the outcome of the analysis of different types and application based on technology trends.
In addition, it is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyze on the basis of key parameters, such as Year-on-Year (Y-o-Y) growth, to understand the predictability of the workstation market and identify the right opportunities across the market.
In the final section of the workstation market report, we have included a competitive landscape to provide clients with a dashboard view based on the categories of providers in the value chain, their presence in the workstation portfolio and key differentiators. This section is primarily designed to provide clients with an objective and detailed comparative assessment of key providers specific to a market segment in the workstation market value chain as well as the potential players for the same. The audience can gain segment-specific vendor insights to identify and evaluate key competitors based on an in-depth assessment of their capabilities and success in the marketplace. Detailed profiles of workstation providers have also been included under the scope of the report to evaluate their long-term and short-term strategies, key offerings and recent developments in the workstation market space. Some of the key competitors covered in the report are HP Inc., Dell Inc., Lenovo Group Limited, FUJITSU and NEC Corporation.
Key Segments Covered in the Workstation Market
Digital content creation
Other Commercial application
Key Regions Covered
Middle East & Africa
Workstation Market Reports - Table of Contents
1. Executive Summary
17. Assumptions and Acronyms Used
18. Research Methodology