Embedded Hypervisor Market is Estimated to be Valued at US$ 6.4 Bn by 2027
The research report also discusses about opportunities for embedded hypervisors, trends influencing the global market, drivers fuelling the growth of the global embedded hypervisor market and restraints that have a negative impact on the global embedded hypervisor market. Along with market analyses from 2012-2016 and current market scenario (in 2017), the report also reflects a forecast analysis along with recommendations 10 years down the line.
Global Embedded Hypervisor Market: Forecast Analysis and Key Opinions
According to the extensive analytical research study on embedded hypervisor market, the global market is anticipated to witness steady growth to reflect a CAGR of 5.1% to reach a value estimation of avout US$ 6.4 Bn by 2027 end. The global market was initially valued at US$ 3.9 Bn in 2017. During the 2012-2016 period the embedded hypervisor market was reflecting a slow growth rate but post 2016, it was soaring across regions in the globe owing to various advantages that embedded hypervisors delivered.
According to Future Market Insights, vendors of embedded hypervisors should focus on expanding business in APAC countries such as China, and India as governments in these counties are offering investment opportunities and also demanding virtualization technologies. As per analyses, in coming years, server virtualization would be in high demand and companies would adopt embedded hypervisor software on a large scale.
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Global Embedded Hypervisor Market: Global Dynamics
Healthcare has witnessed rising technological advancements. Healthcare settings have adopted embedded hypervisors software to gain real time functionality. This has boosted the adoption of embedded hypervisors in this industry. Moreover, the rising demand for cyber security, application of embedded hypervisors to build next generation devices, high use in automotive industry, increasing adoption of multi-core processors, incorporation of virtualization technology through virtual machines in aerospace and defence, high use of embedded hypervisors in government applications and programs, rapid growth of smartphones and tablets, rise in number of enterprises manufacturing hardware devices and chips for embedded systems, adoption and development of robotics, increase in the number of enterprises offering server virtualization technology for project critical systems, rising government investments in embedded hypervisors and new initiatives and opportunities for upcoming players and increasing IoT that includes real time virtualization have boosted the growth of the global embedded hypervisor market. However, high initial cost, compliance issues with configurations in hypervisor converged systems, psychological conservatism due to lack of understanding and design constraint related to real time embedded systems are restraining the growth of the global embedded hypervisor market.
Global Embedded Hypervisor Market: Segmental Forecasts
The global embedded hypervisor market has been segmented by component (software and service), by application (consumer electronics, aerospace and defence, automotive, BFSI, medical devices, industrial automation and others), end-user (large enterprise, medium enterprise and small enterprise) and by region (North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan and Middle East and Africa).
North America region to lead the global embedded hypervisor market by region with respect to high growth rate and high market share during the assessment period. Asia Pacific excluding Japan region is expected to show significant growth rate, following North America in the coming years. North America is poised to register a CAGR of 6.4% to reach a value of about US$ 2.1 Bn by 2027 end
By component, the software segment is expected to show high market value by 2027. The services segment is projected to grow at a higher CAGR of 5.86% throughout the period of forecast 2017-2027. The software component segment is estimated to reflect a value of more than US$ 4 Bn in 2027
By end user, large enterprise segment is likely to dominate the market as it reflects high market value followed by medium enterprises segment. The medium enterprises segment is anticipated to grow at a higher rate to reflect a robust CAGR of 5.7% during the period of assessment 2017-2027
By industry application, consumer electronics segment is expected to lead the market, and is projected to show a higher growth rate of 5.5% CAGR throughout the assessment period. aerospace and defence, automotive and medical devices segments are poised to show high potential in coming years
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Global Embedded Hypervisor Market: Competitive Scenario
The global embedded hypervisor market research study has included several key players involved in embedded hypervisors. Key companies such as IBM Corporation, Microsoft Corporation, Vmware, Inc., NXP Semiconductors N.V., QNX Software Systems Limited, SYSGO AG, Mentor Graphics, WindRiver Systems, Inc., ENEA, Sierraware, TenAsys Corporation, Lynx Software Technologies, Inc., Green Hills Software, Acontis Technologies GmbH, Citrix Systems, Inc., and Proxmox Server Solutions GmbH are profiled in the research report.
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