Global Virtual Machine Market Top Key Company Players: VMware, Inc., Oracle Corporation, IBM, Red Hat, Inc., Huawei Technologies Co. Ltd., Microsoft Corporation, Citrix Systems

The dependence on computing systems has increased enormously over the past few decades. Businesses worldwide are increasingly adopting computing technologies so as to increase organizational effectiveness and promote work efficiency. As a result, organizations in the IT industry are investing massively to develop advanced computing products.



In the year 2020, the IT industry around the globe was projected to garner a revenue of close to USD 5 Trillion. Moreover, software, devices & infrastructure, and IT & business services represented a share of close to 10%, 25%, and 20% respectively of the overall IT industry. 


With the increasing advancements in computing technology and rising adoption of cloud technologies, the demand for virtual machines is expected to grow significantly, as these machines allow organizations to perform different tasks virtually without the need of deploying the hardware. Moreover, organizations are benefitted extensively from the adoption of virtual machines as it lowers the costs associated with the data infrastructure of organizations.


It has been anticipated that a mid-sized institution spends around 15% or around USD 120 Million of its overall operational costs on data architecture. The rising concern amongst organizations to lower costs on infrastructure, along with the rapid adoption of cloud services, and the growing software industry, are some of the factors anticipated to drive the growth of the global virtual machine market. The market garnered a revenue of USD 15153.78 Million in the year 2019 and is further anticipated to touch USD 46235.10 Million by the end of 2028 by growing with a CAGR of 14.5% during the forecast period.


Regionally, the global virtual machine market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Amongst the market in these regions, the market in North America is expected to hold the highest market share throughout the forecast period and further touch revenue of USD 20805.80 Million by the end of 2028, up from a revenue of USD 6921.40 Million in 2019. The market in the region is also anticipated to grow with a CAGR of 14.3% during the forecast period. The market in the region is further segmented by country into the U.S. and Canada.


Out of the market in these countries, the market in the United States is anticipated to garner the largest market revenue of USD 4959.68 Million by the end of 2021. Moreover, the market in Europe is anticipated to hold the second-leading share throughout the forecast period and further touch revenue of USD 11050.19 Million by the end of 2028, up from a revenue of USD 3558.61 Million in the year 2019. The market is segmented by country into the U.K., Germany, Italy, France, Spain, Russia, Netherlands, and the Rest of Europe. Amongst these countries, the market in the U.K. is anticipated to hold the highest market share throughout the forecast period. The market in the country garnered the largest market revenue of USD 834.93 Million in 2019 and is further expected to touch USD 2629.94 Million by the end of 2028. On the other hand, the market in Germany is projected to grow with the highest CAGR of 17.1% during the forecast period.


The study further incorporates Y-O-Y Growth, demand & supply and forecast future opportunity in North America (United States, Canada), Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX [Belgium, Netherlands, Luxembourg], NORDIC [Norway, Denmark, Sweden, Finland], Poland, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa).


Get a Sample PDF of Virtual Machine Market Report@ https://www.researchnester.com/sample-request-739


Reference: https://www.globenewswire.com/en/news-release/2021/12/09/2348912/0/en/Global-Virtual-Machine-Market-to-Touch-USD-46235-10-Million-by-2028-Increasing-Adoption-of-Cloud-Technologies-Worldwide-to-Accelerate-Market-Growth.html 


Comments

  1. AnonymousApril 17, 2022 at 9:19 AM

    Global Virtual Machine Market Top Key Company Players: Vmware, Inc., Oracle Corporation, Ibm, Red Hat, Inc., Huawei Technologies Co. Ltd., Microsoft Corporation, Citrix Systems >>>>> Download Now

    >>>>> Download Full

    Global Virtual Machine Market Top Key Company Players: Vmware, Inc., Oracle Corporation, Ibm, Red Hat, Inc., Huawei Technologies Co. Ltd., Microsoft Corporation, Citrix Systems >>>>> Download LINK

    >>>>> Download Now

    Global Virtual Machine Market Top Key Company Players: Vmware, Inc., Oracle Corporation, Ibm, Red Hat, Inc., Huawei Technologies Co. Ltd., Microsoft Corporation, Citrix Systems >>>>> Download Full

    >>>>> Download LINK mF

    ReplyDelete

Post a Comment

Popular posts from this blog

Global Artificial Intelligence in Agriculture Market Will Grow Rapidly Over Forecast By 2030

Image
The global artificial intelligence in agriculture market is estimated to occupy a sizeable revenue by growing at a robust CAGR during the forecast period, i.e., 2022 – 2030, owing to the escalating growing use of smart sensors in agricultural fields, and high demand for agricultural produce globally. The World Bank stated that in 2018 agriculture accounted for 4 percent of the global gross domestic product. In some developing countries it was also calculated to account for more than 25 percent of the GDP share .  Apart from these, government initiatives regarding research and development of sophisticated diagnostic techniques and growing inclusion of rubella vaccination in national health programs of various countries are also expected to drive market growth in the coming years. The global artificial intelligence in agriculture market is segmented by technology, deployment, offering and application. Based on technology, the machine learning segment is anticipated to grab the largest
Read more

Global Building Automation Systems Market To Be Driven By The Growing Awareness

Image
The   global building automation systems market   is estimated to occupy a large amount of revenue by recording a CAGR of ~11% during the forecast period, i.e., 2022 – 2030, owing to the growing need for proper energy management across the globe, and increasing emphasis on overcoming utility costs.  Apart from these, rising technological developments in wireless connectivity networks, and surge in the number of government and private projects regarding building automation are also expected to drive market growth in the upcoming years. The market is segmented by component, offering and application. Based on offering, the security and access controls segment is predicted to gather the largest share during the forecast period on the back of their ability to increase security level, monitor activities, and keep a record of people entering and exiting buildings. Additionally, by application, the industrial segment is projected to observe the highest growth over the forecast period ascribing
Read more

Global No.2 Diesel Fuel Market 2021 Research Report with COVID-19 Impact, by Future Trend, Growth rate and Industry Analysis to 2030

  The   global no.2 diesel fuel market   is estimated to occupy a large amount of revenue by recording a robust CAGR during the forecast period, i.e., 2022 – 2030, owing to the growing awareness associated with the use of high-performance fuels, and increasing per capita spending around the world.  Apart from these, growing number of vehicles on the road, and notable expansion of transportation industry, especially in developing and developed countries, are another crucial factors expected to accelerate market growth in the forthcoming years.   The International Organization of Motor Vehicle Manufacturers states that 91.786 million automobiles were produced in 2019. Out of these, around 67.149 million units belonged to cars and the remaining 24.637 million units were of commercial vehicles. The market is segmented by sulfur content and application. Based on sulfur content, the ultra-low sulfur diesel fuel segment is anticipated to observe noteworthy growth rate during the forecast peri
Read more