Global Virtual Machine Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2022 –2029 |
Market Size (Base Year) |
USD 7,917.45 Million |
Market Size (Forecast Year) |
USD 23,884.74 Million |
CAGR |
|
Major Markets Players |
Global Virtual Machine Market, By Type (System Virtual Machines, Process Virtual Machines), Platform (Windows, Mac, Linux), Organization Size (Large Enterprises, Small and Medium-sized Enterprises (SMEs)), RAM Storage (0.5 GiB, 1 GiB, 2 GiB, 4GiB, 8GiB, 16 GiB, 32GiB, and Others); Temporary Storage (4 GiB, 8 GiB, 16 GiB, 32 GiB, 64GiB, 96 GiB, 128 GiB, and Others), Industry Vertical (BFSI, Healthcare and Life Sciences, Telecommunications and IT, Government and Public Sector, Manufacturing, Consumer Goods and Retail, Media and Entertainment, Others) – Industry Trends and Forecast to 2029
Market Analysis and Size
The demand for virtual machines is anticipated to increase dramatically due to the expanding usage of cloud technologies and the developments in computing technology. These machines enable enterprises to carry out various operations digitally without deploying the necessary hardware. Organizations also gain a great deal from the deployment of virtual machines because it reduces the costs related to their data infrastructure.
Global virtual machine market was valued at USD 7917.45 million in 2021 and is expected to reach USD 23884.74 million by 2029, registering a CAGR of 14.80% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Report Scope and Market Segmentation
Report Metric |
Details |
Forecast Period |
2022 to 2029 |
Base Year |
2021 |
Historic Years |
2020 (Customizable to 2014 - 2019) |
Quantitative Units |
Revenue in USD Million, Volumes in Units, Pricing in USD |
Segments Covered |
Type (System Virtual Machines, Process Virtual Machines), Platform (Windows, Mac, Linux), Organization Size (Large Enterprises, Small and Medium-sized Enterprises (SMEs)), RAM Storage (0.5 GiB, 1 GiB, 2 GiB, 4GiB, 8GiB, 16 GiB, 32GiB, and Others), Temporary Storage (4 GiB, 8 GiB, 16 GiB, 32 GiB, 64GiB, 96 GiB, 128 GiB, and Others), Industry Vertical (BFSI, Healthcare and Life Sciences, Telecommunications and IT, Government and Public Sector, Manufacturing, Consumer Goods and Retail, Media and Entertainment, Others) |
Countries Covered |
U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa |
Market Players Covered |
Amazon (U.S.), Citrix Systems Inc (U.S.), Hewlett Packard Enterprise Development LP (U.S.), Huawei Technologies Co. Ltd. (U.S.), IBM (U.S.), Microsoft (U.S.), Oracle (U.S.), Parallels Inc (U.S.), Red Hat Inc. (U.S.), Nutanix (U.S.), Pure Storage Inc., (U.S.), NetApp (U.S.), Nasstar (U.K.), Datacom Group Ltd (New Zealand), NComputing Co. LTD (U.S.) and VMware Inc. (U.S.) |
Market Opportunities |
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Market Definition
A computer system's software implementation is known as a virtual machine (VM). Users can do operations just as they would on a real computer thanks to the way it creates a distinct copy of the latter. It is a piece of software that not only mimics the actions of another computer, but also carries out operations like starting up programs and applications on a different machine.
Virtual Machine Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Increased Usage of Virtual Machines across Verticals
Data centers and different industry verticals are increasingly utilizing virtual machines, which is driving up demand for this product. The market for virtual machines will experience growth due to the increasing adoption of various information technology solutions by businesses and end users in order to improve efficiency, including cloud infrastructure, cutting-edge apps, and container integration. The cost of establishing real machines is also decreased by virtual machine software, which is increasing demand for virtual machines.
Additionally, the growing nature concerning the analytical care and high need from the advancing implementations are also estimated to bolster the market's overall growth. The rise in concern related to products safety and functionality also cushions the market’s growth within the forecasted period. The availability of a variety of flavors also acts as a market driver.
Opportunities
- Information Technology Solutions and Strategic Partnership
The market for virtual machines will grow as more businesses and end users utilize various information technology solutions such as cloud infrastructure, cutting-edge applications, and container integration to promote productivity. These factors are estimated to generate lucrative opportunities for the market, which will further expand the virtual machine market's growth rate in the future. Additionally, the strategic partnerships and collaborations among different market players along with the research and development activities for integration of artificial intelligence (AI) will also offer numerous growth opportunities within the market.
Restraints/Challenges
- Higher Storage Consumption
The higher storage space consumption and resource distribution issues are expected to obstruct market growth.
- Low Awareness and Presence of Alternatives
Lack of awareness and market presence of more advanced and economic solutions is projected to be a major challenge for the virtual machine market over the forecast period.
This virtual machine market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the virtual machine market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Virtual Machine Market
The virtual machine market was immensely impacted by the outbreak of COVID-19. Global corporations have developed automated technologies as a result of the COVID-19 pandemic, particularly in the area of drones for monitoring and drug delivery. The future of automation will be influenced by the unprecedented economic effects of COVID-19 on supply and demand, as well as consequences for geopolitics and globalization. In order to increase resilience to upcoming pandemics, the coronavirus pandemic may spur improvements in automation, digitalization, and artificial intelligence (AI) in the automotive industry in the post-COVID period. In a situation like this, automation and robotics could boost production while reducing reliance on human labour, decreasing the likelihood of more plant closures. IoT, AI, and digitalization will also become increasingly important in the future and define the new way of working. This lockdown gives us the chance to adapt these new trends, expanding the market prospects for virtual machines over the forecast period.
Recent Developments
- In June 2020, Microsoft has made its Azure general-purpose and memory-optimized Virtual Machines based on the 2nd generation Intel Xeon Platinum 8272CL available, promising up to a 20% increase in CPU performance over the Dv3 and Ev3 VMs.
- In November 2020, AWS has announced the new Mac instances (EC2 Mac instances) for Amazon EC2. EC2 Mac instances, which are based on Mac mini systems, allow users to run on-demand macOS workloads in the AWS cloud, extending the flexibility, scalability, and cost advantages of AWS to all Apple developers.
- In December 2020, the most recent version of VMware vSphere 7 was made available. The new update gives enterprises the tools they require for both conventional and cutting-edge applications and workloads, making it the most potent version of VMware vSphere to date.
Global Virtual Machine Market Scope
The virtual machine market is segmented on the basis of type, platform, organization size, ram storage, temporary storage and industry vertical. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- System Virtual Machines
- Process Virtual Machines
Platform
- Windows
- Mac
- Linux
Organization Size
- Large Enterprises
- Small and Medium-sized Enterprises (SMEs)
RAM Storage
- 0.5 GiB
- 1 GiB
- 2 GiB
- 4GiB
- 8GiB
- 16 GiB
- 32GiB
- Others
Temporary Storage
- 4 GiB
- 8 GiB
- 16 GiB
- 32 GiB
- 64GiB
- 96 GiB
- 128 GiB
- Others
Industry Vertical
- BFSI
- Healthcare and Life Sciences
- Telecommunications and IT
- Government and Public Sector
- Manufacturing
- Consumer Goods and Retail
- Media and Entertainment
- Others
Virtual Machine Market Regional Analysis/Insights
The virtual machine market is analyzed and market size insights and trends are provided by country, type, platform, organization size, ram storage, temporary storage and industry vertical as referenced above.
The countries covered in the virtual machine market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the virtual machine market because of the increasing number of data centers and propelling IT industry within the region during the forecast period of 2022 to 2029.
Asia-Pacific is expected to witness significant growth during the forecast period of 2022 to 2029 due to the larger investments being made by investors within the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Virtual Machine Market Share Analysis
The virtual machine market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to virtual machine market.
Some of the major players operating in the virtual machine market are
- Amazon (U.S.)
- Citrix Systems Inc (U.S.)
- Hewlett Packard Enterprise Development LP (U.S.)
- Huawei Technologies Co. Ltd. (U.S.)
- IBM (U.S.)
- Microsoft (U.S.)
- Oracle (U.S.)
- Parallels Inc (U.S.)
- Red Hat Inc. (U.S.)
- Nutanix (U.S.)
- Pure Storage Inc., (U.S.)
- NetApp (U.S.)
- Nasstar (U.K.)
- Datacom Group Ltd (New Zealand)
- NComputing Co. LTD (U.S.)
- VMware Inc. (U.S.)
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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