Up-surge in cyberattacks, the introduction of novel technologies and shifts in market dynamics are set to fuel the Virtualization Security Market’s expansive growth. From $3.18 billion in 2024 to an anticipated $8.12 billion in 2029, the market is projected to skyrocket at an impressive 21.7% CAGR.
How is the Historic and Forecast Market Size Shaping up for the Virtualization Security Market?
The virtualization security market size witnessed considerable growth, fueled by factors such as cost efficiency, resource optimization, and increasing cyber threats. Rising from $3.18 billion in 2024, the market is expected to reach $3.71 billion in 2025, marking a CAGR of 16.8%. Virtualization security risks are becoming more evident with the rise of software as a service (SaaS), critical infrastructure virtualization, and virtual desktop infrastructure (VDI) adoption.
As we move ahead, the forecast period also signals exponential growth within the market. Expected to reach $8.12 billion in 2029, the market’s compound annual growth rate stands at an impressive 21.7%. Driving this growth are factors such as the integration of containerization, the shift towards zero trust security models, and the continuous evolution of cybersecurity threats.
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What Are The Crucial Factors Driving The Virtualization Security Market?
One of the paramount drivers of the virtualization security market is the rising incidence of cyber-attacks. These malicious attempts to infiltrate computer systems or networks have amplified the urgency for robust virtualization security services. For instance, 39% of UK businesses identified a cyberattack in the last 12 months, according to a July 2022 report by the UK’s Department For Digital Culture Media And Sport. Such evidence highlights the necessity and demand for enhanced security measures, propelling the virtualization security market forward.
What Are The Key Segments Within The Global Virtualization Security Market?
The virtualization security market is segmented into:
1) Type: Solution, Service
2) Deployment Model: On-Premise, Cloud
3) Organizational Size: Small And Medium Enterprises, Large Enterprises
4) Industry: BFSI, Government And Defense, IT And Telecommunication, Healthcare And Life Sciences, Retail, Manufacturing, Education, Other Industries
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Which Are The Leading Companies In The Virtualization Security Market?
Prominent players in the virtualization security market include GE Healthcare, Infosys Limited, McKesson Corporation, Koninklijke Philips N.V., Change Healthcare Inc., VMware AppDefense, Kaspersky Hybrid Cloud Security, and Morphisec Inc., among others.
What Are The Emerging Trends In The Virtualization Security Market?
Key market players are continuously introducing new technologies such as virtualization extensions. An example of this is the development of VERZEUSE for Virtualization Extensions by Panasonic Automotive Systems in January 2023. This crucial innovation helps secure next-generation vehicle cockpit systems from potential cyber-attacks.
Which Region Will Witness The Fastest Growth In The Virtualization Security Market?
In 2024, North America emerged as the largest region in the virtualization security market. However, Asia-Pacific is forecasted to outpace other regions in terms of growth in the upcoming years. The report includes detailed analysis for regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Does The Virtualization Security Market Report 2025 Offer?
Virtualization security aims to safeguard the virtual infrastructure against security threats by transitioning security functions from specialized hardware appliances to transferable software or systems used in the cloud. The market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities. Enhance your understanding of this critical sector and make informed decisions for your business.
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