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Virtualization Software Market 2022 Precise Outlook - VMware Inc, Citrix Systems Inc., Oracle Corporation, Microsoft Corporation, Red Hat Inc. (IBM Corporation)
The Virtualization Software Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.The Virtualization Software Market was valued at USD 62.7 billion in 2020, and is expected to reach USD 120.41 billion by 2026, registering a CAGR of 11.5% during the forecast period of 2021-2026.
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Top Leading Companies of Virtualization Software Market are VMware Inc, Citrix Systems Inc., Oracle Corporation, Microsoft Corporation, Red Hat Inc. (IBM Corporation), Amazon Inc., Google LLC., NComupting Co. Ltd., Parallels International GmbH, Huawei Technologies Co. Ltd., Datadog, Inc., Nutanix Inc., TenAsys Corporation, Lynx Software Technologies, Solarwinds Corporation, Virtuozzo, SolusVM (Plesk International GmbH) and others.
Industry News and Updates
March 2020 - Microsoft has announced the acquisition of Affirmed Networks, which is a startup that offers fully virtualized, cloud-native mobile network solutions. Microsoft wants to integrate Affirmed Networks technology into Microsoft Azure to let the telecommunications industry deploy and maintain 5G networks via the cloud rather than just hardware and software.
- December 2019 - Red Hat, Inc., renewed the Federal Information Processing Standard 140-2 (FIPS 140-2) security validations for Red Hat Enterprise Linux 7.6. Driven by the National Institute of Standards and Technology (NIST), FIPS 140-2 is a computer security standard that specifies the requirements for cryptographic modules. Even Red Hat Virtualization uses the FIPS 140-2 re-validated cryptography module.
Key Market Trends
Asia-Pacific to Witness the Highest Growth
- Asia-Pacific is expected to witness the highest growth rate owing to growing digitization initiatives and increasing adoption of virtualization technologies in the region.
- Number of financial centers is increasing in the APAC region, with Shanghai in fifth position of the Global Financial Centers Index 2019. Financial data is critical, thus, it needs to be stored in a virtual server, for security purpose.
- In 2018, VMware said it would invest USD 2 billion in India, most of which would be going into expanding headcount, creating facilities for the increased workforce, and expanding to more markets in the country.
- The growing investments and developments in the BFSI and IT and telecommunication industry in the region is expected to create opportunities for the market. The Indian IT and IT-enabled services industry is the dominating source for most of the countries worldwide, which accounted for over 55% of the global services sourcing businesses in 2018 (IBEF).
Regional Outlook of Virtualization Software Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.
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What Are The Market Factors That Are Explained In The Report?
Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
Analytical Tools: The Virtualization Software Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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