The server virtualization software global market report 2024from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Server Virtualization Software Market, 2024report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size – The server virtualization software market size has grown strongly in recent years. It will grow from $8.69 billion in 2023 to $9.49 billion in 2024 at a compound annual growth rate (CAGR) of 9.2%. The growth in the historic period can be attributed to cost reduction, improved resource utilization, flexibility and agility, disaster recovery, and legacy application support.
The server virtualization software market size is expected to see strong growth in the next few years. It will grow to $13.68 billion in 2028 at a compound annual growth rate (CAGR) of 9.6%. The growth in the forecast period can be attributed to subscription-based models, edge-native virtualization solutions, increasing focus on developer experience, enhanced automation and self-service capabilities, integration with DevOps toolchains, and regulatory compliance-focused features. Major trends in the forecast period include containerization adoption, edge computing expansion, hybrid cloud adoption, AI and machine learning workloads, security and compliance requirements, 5G and IoT growth.
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Scope Of Server Virtualization Software MarketThe Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Server Virtualization Software Market Overview
Market Drivers –Increasing demand for cloud-based services is expected to propel the growth of the server virtualization software market going forward. Cloud-based services refer to computing resources, such as storage, processing power, and software applications, accessed over the internet instead of hosted locally on a user’s device or network. The increase in demand for cloud-based services is due to scalability, cost-effectiveness, enhanced collaboration, data security, and accessibility benefits. Server virtualization software is employed in cloud-based services to abstract physical server resources into multiple virtual instances, enabling efficient resource utilization and scalability. For instance, in December 2023, Eurostat, a Luxembourg-based governmental organization of the European Union operating as the statistical office, reported that in 2023, the adoption rate of cloud computing services among small and medium-sized enterprises grew to 59%, up from 53% in 2021. Therefore, increasing demand for cloud-based services is driving the growth of the server virtualization software market.
Market Trends – Major companies operating in the server virtualization software market focus on developing advanced solutions, such as enterprise virtualization hypervisors and management platforms, to enhance business efficiency and scalability. Enterprise virtualization hypervisors and management platforms are software platforms that enable the creation and management of multiple virtual machines on a single physical server, optimizing resource usage. For instance, in March 2024, SteelDome Cyber LLC, a US-based provider of enterprise technology solutions, launched StratiSERV, an enterprise virtualization hypervisor and management platform, in response to the evolving virtualization landscape. It offers unmatched flexibility, scalability, and performance to address the dynamic requirements of enterprise entities. It can function autonomously or alongside StratiSTOR, SteelDome’s enterprise storage platform, empowering customers with comprehensive control and adaptability over their infrastructure.
The server virtualization software market covered in this report is segmented –
1) By Type: Guest Operating System (OS) And Virtual Machine, Hypervisor, Para Virtualization, Full Virtualization
2) By Deployment: Cloud, On-Premise
3) By Organization: Small And Medium Enterprise, Large Enterprise
4) By End Use: Healthcare, Information Technology (IT) And Telecommunication, Government And Public Sector, Transportation And Logistics, Manufacturing, Other End Uses
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Regional Insights – North America was the largest region in the server virtualization software market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the server virtualization software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies – Major companies operating in the server virtualization software market are Amazon.com Inc, Microsoft Corporation, Dell Inc, Huawei Technologies Co. Ltd, Hewlett-Packard Company, International Business Machines Corporation, Cisco Systems Inc, Oracle Corporation, Broadcom Inc, Fujitsu Limited, Citrix Systems Inc, Nutanix Inc, Sangfor Technologies Inc, SUSE LLC, Corel Corporation, Vates, Virtuozzo International GmbH, Scale Computing, OpenStack Foundation, SteelDome Cyber LLC, Proxmox Server Solutions GmbH
Table of Contents
1. Executive Summary
2. Server Virtualization Software Market Characteristics
3. Server Virtualization Software Market Trends And Strategies
4. Server Virtualization Software Market – Macro Economic Scenario
5. Global Server Virtualization Software Market Size and Growth
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32. Global Server Virtualization Software Market Competitive Benchmarking
33. Global Server Virtualization Software Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Server Virtualization Software Market
35. Server Virtualization Software Market Future Outlook and Potential Analysis
36. Appendix
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