Regionally, the global virtual machine market is segmented into five major regions comprising North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. Among the markets in these regions, the market in North America is estimated to hold leading market share throughout the forecast period by attaining a revenue of USD 20805.80 Million by the end of 2028. The market in the region is also anticipated to grow with a CAGR of 14.3% during the forecast period owing to the presence of the key players in this region and for the rising implementation of virtualization and security solutions & services across end user organizations. Further, the market is segmented by country into the United States and Canada, out of which, the market in the U.S. is expected to hold the largest market share throughout the forecast period and further grow with the highest CAGR of 14.8% during the forecast period. On the other hand, the market in Europe is projected to hold the second leading stance by garnering a revenue of USD 11,050.18 Million by the end of 2028. The market in Europe is further segmented by country into the UK, Germany, Italy, France, Spain, Russia, Netherlands, and Rest of Europe, out of which, the market in the UK is expected to hold the largest market share of 23.80% by the end of 2028 and further gain a revenue of USD 2629.94 Million in the same year. Alternatively, the market in Germany is expected to grow significantly by holding the highest CAGR of 17.1% during the forecast period.
The global virtual machine market is segmented by component into hardware, software, and services. Out of these, the software segment is expected to hold the largest market share and further attain a revenue of USD 23671.59 Million by the end of 2028. Based on type, the market is segmented into system virtual machine and process virtual machine, out of which, the system virtual machine segment is anticipated to grow with the highest CAGR of 15.9% during the forecast period. Further, the market is segmented based on RAM storage into 0.5 GiB, 1 GiB, 2 GiB, 4GiB, 8GiB, 16 GiB, 32GiB, 48GiB, 64GiB, 96GiB, and others. Amongst these segments, the 64GiB segment is projected to hold a significant market share and further reach USD 5432.62 Million by the end of 2028. Furthermore, on the basis of temporary storage, the 64GiB segment is expected to hold a significant market share and further reach USD 5174.42 Million by the end of 2028. The market is also segmented on the basis of enterprise size into small & medium enterprise and large enterprise, out of which, the small & medium enterprise (SME) segment is expected to grow with the highest CAGR of 16.0% during the forecast period. Based on operating system, the market is segmented into Windows, Linux, MacOS, and others, out of which, the Windows segment is expected to hold the largest market share throughout the forecast period and further touch a revenue of USD 20,555.80 Million by the end of 2028. Moreover, the market is also segmented on the basis of end user into BFSI, manufacturing, IT & telecom, retail, healthcare, and others, out of which, the manufacturing segment is anticipated to capture a significant market revenue of USD 11209.85 Million by the end of 2028.
Our report has covered detailed company profiling comprising company overview, business strategies, key product offerings, financial performance, key performance indicators, risk analysis, recent developments, regional presence, and SWOT analysis among other notable indicators for competitive positioning. Some of the prominent industry leaders in the global virtual machine market that are included in our report are VMware, Inc., Oracle Corporation, IBM Corporation, Red Hat, Inc., Huawei Technologies Co., Ltd., Microsoft Corporation, Citrix Systems, Inc., Inspur Group, New H3C Technologies Co., Ltd., Hewlett Packard Enterprise Development LP, and others.
In 2023, market players might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain.
Controlling Inflation has become the first priority for global economies from last quarter of 2022 and to be followed in 2023. With skewed economic situations, rise in interest rate by governments to control spending and inflation, spiked oil and gas prices, high inflation, geo-political issues including U.S. & China trade war, Russia-Ukraine conflict to intensify the global economic issues.
The interest rates in the U.S. may be less sensitive in 2023 as compared to 2022; sigh of relief for businesses. Positive business sentiments, healthy business balance sheets, growth in construction spending (private construction value in 2022 stood at $1,429.2 billion, 11.7 percent (±1.0 percent) above the $1,279.5 billion spent in 2021, Residential construction in 2022 was $899.1 billion, up by 13.3 percent (±2.1 percent) from $793.7 billion in 2021, non-residential construction touched $530.1 billion, 9.1 percent (±1.0 percent) above the $485.8 billion in 2021.) showcases minimal impact of recession in the country.
Similarly, spiked spending in the European and major Asia economics including, India, China & Japan to showcase less impact on the global demand.
Ans: Adoption of virtual machine in different industries and data centers and increasing adoption of cloud computing technologies are the major factors responsible for the growth of the market.
Ans: The market is anticipated to attain a CAGR of 14.5% over the forecast period i.e., 2020-2028.
Ans: Higher consumption of storage space & resource distribution issue is estimated to act as barriers to the market growth.
Ans: Europe is estimated to create notable growth opportunities for market growth over the forecast period.
Ans: The major players in the market are VMware, Inc., Oracle Corporation, IBM Corporation, Red Hat, Inc., Huawei Technologies Co., Ltd., Microsoft Corporation, Citrix Systems, Inc., Inspur Group, New H3C Technologies Co., Ltd., and others.
Ans: The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.
Ans: The market is segmented by component, type, RAM storage, temporary storage, enterprise size, operating system, end-user and by region.
Ans: The manufacturing segment is anticipated to hold largest market size in value and is estimated to display significant growth opportunities.
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