organizations, as they allow employees to work from home and does not hamper work
schedules of the organization.
Frequent requirement of upgrades is one of the key restraining factors of the global
workstation market
The extended replacement cycles and frequent product upgrades are some of the key
challenges faced by the global workstation market. The frequent upgrades of software required
for certain tasks face compatibility issues with certain kinds of software and hardware (related
to memory requirement or CPU power). This makes it difficult for small companies to invest in
upgrading software and hardware, which in turn hinders growth of the market.
Global Workstation Market: Regional Analysis
North America holds dominant position in the global workstation market and exhibits maximum
growth in the market due to increasing adoption of digital content creation. For instance,
according to a report by the Bureau of Economic Analysis (BEA), in 2016, the estimated value of
the digital economy was US$ 1,302.2 billion, which was 82.2 percent larger than it was in 2005.
Asia Pacific is expected to exhibit maximum growth over the forecast period, owing to increasing
knowledge of advanced technology and use of CAD and 3D animation in various industries.
Rapid industrialization, increasing investments towards intelligent manufacturing, smart
packaging, 3D printing, and outsourcing of 3D modelling services for architectural and industrial
machine parts is expected to increase demand for CAD in emerging economies of the region.
Moreover, a number of major automobile manufacturers such as Kia Motors, Hyundai, and
Maruti Suzuki have their R&D facilities in India. These companies will deploy CAD software for
designing new products and this is expected to aid in growth of the market in the region.
Global Workstation Market: Taxonomy
Key players operating in the global workstation market include Hewlett-Packard Enterprises,
Inc., Dell Inc., Lenovo Group Limited, Fujitsu Ltd., NEC Corporation, Samsung, Toshiba America
Client Solutions, Inc., Acer, Inc., Microsoft Corporation, and Apple, Inc.
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Global Workstation Market: Taxonomy
On the basis of product type, the global workstation market is segmented into: