The global virtual machine market size accounted for US$ 9.7 billion in 2023 and is projected to reach around USD 39.07 billion by 2033, growing at a CAGR of 5% from 2023 to 2032.
Key Takeaways
- North America contributed 37% market share in 2023.
- Asia-Pacific is estimated to expand the fastest CAGR between 2024 and 2033.
- By type, the system virtual machine segment has held the largest market share of 64% in 2023.
- By type, the process virtual machine segment is anticipated to grow at a remarkable CAGR of 16.12% between 2024 and 2033.
- By organization size, the SMEs segment generated over 73% of the market share in 2023.
- By organization size, the large enterprises segment is expected to expand at the fastest CAGR over the projected period.
- By vertical, the BFSI segment generated over 27% of market share in 2023.
- By vertical, the government & public segment is expected to expand at the fastest CAGR over the projected period.
Report Summary
The global virtual machine market report provides a Point-by-Point and In-Depth analysis of global market size, regional and country-level market size, market share, segmentation market growth, competitive landscape, sales analysis, opportunities analysis, strategic market growth analysis, the impact of domestic and global market key players, value chain optimization, trade regulations, recent developments, product launches, area marketplace expanding, and technological innovations.
The study offers a comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales in the virtual machine market across the globe.
A comprehensive estimate on the virtual machine market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of virtual machine during the forecast period. Price point comparison by region with global average price is also considered in the study.
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Virtual Machine Market Scope
| Report Coverage | Details |
| Growth Rate from 2024 to 2033 | CAGR of 15% |
| Global Market Size in 2023 | USD 9.7 Billion |
| Global Market Size by 2033 | USD 39.07 Billion |
| U.S. Market Size in 2023 | USD 2.51 Billion |
| U.S. Market Size by 2033 | USD 10.30 Billion |
| Base Year | 2023 |
| Forecast Period | 2024 to 2033 |
| Segments Covered | By Type, By Organization Size, and By Vertical |
| Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Key Highlights:
Reports Coverage: It incorporates key market sections, key makers secured, the extent of items offered in the years considered, worldwide containerized virtual machine market and study goals. Moreover, it contacts the division study gave in the report based on the sort of item and applications.
Market Outline: This area stresses the key investigations, market development rate, serious scene, market drivers, patterns, and issues notwithstanding the naturally visible pointers.
Market Production by Region: The report conveys information identified with import and fare, income, creation, and key players of every single local market contemplated are canvassed right now.
Also Read: Bio-LNG Market Size to Cross USD 43.02 Billion By 2033
Market Players
The report includes the profiles of key virtual machine market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information, key development in past five years.
Recent Developments
- In June 2020, Microsoft unveiled its enhanced Azure general-purpose and memory-optimized Virtual Machines, featuring the 2nd generation Intel Xeon Platinum 8272CL. These VMs promised around a 20% improvement in CPU performance compared to their predecessors, the Dv3 and Ev3 VMs.
- In December 2020, VMware launched an updated version of VMware vSphere 7, touted as the most robust iteration to date. The new release caters to the evolving needs of organizations, accommodating both traditional and modern applications and workloads.
- In November 2020, AWS introduced EC2 Mac instances, leveraging Mac mini computers. This innovation allows users to run macOS workloads on-demand in the AWS cloud, delivering enhanced flexibility, scalability, and cost benefits for Apple developers.
Virtual Machine Market Companies
- VMware
- Microsoft
- Oracle Corporation
- IBM Corporation
- Citrix Systems
- Red Hat, Inc.
- Amazon Web Services (AWS)
- Google Cloud
- Hewlett Packard Enterprise (HPE)
- Dell Technologies
- Nutanix
- Cisco Systems
- Huawei Technologies
- Intel Corporation
- Parallels International GmbH
Segments Covered in the Report
By Type
- System Virtual Machine
- Process Virtual Machine
By Organization Size
- Large Enterprises
- SMEs
By Vertical
- BFSI
- Telecommunications & ITES
- Government & Public Sector
- Healthcare & Life Sciences
- Others
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Regional Segmentation
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
- Latin America (Brazil and Rest of Latin America)
- Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)
Research Methodology
Secondary Research
It involves company databases such as Hoover’s: This assists us to recognize financial information, the structure of the market participants and industry’s competitive landscape.
The secondary research sources referred in the process are as follows:
- Governmental bodies, and organizations creating economic policies
- National and international social welfare institutions
- Company websites, financial reports and SEC filings, broker and investor reports
- Related patent and regulatory databases
- Statistical databases and market reports
- Corporate Presentations, news, press release, and specification sheet of Manufacturers
Primary Research
Primary research includes face-to-face interviews, online surveys, and telephonic interviews.
- Means of primary research: Email interactions, telephonic discussions and Questionnaire-based research etc.
- In order to validate our research findings and analysis, we conduct primary interviews of key industry participants. Insights from primary respondents help in validating the secondary research findings. It also develops Research Team’s expertise and market understanding.
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology (Premium Insights)
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Virtual Machine Market
5.1. COVID-19 Landscape: Virtual Machine Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Virtual Machine Market, By Type
8.1. Virtual Machine Market, by Type, 2024-2033
8.1.1 System Virtual Machine
8.1.1.1. Market Revenue and Forecast (2021-2033)
8.1.2. Process Virtual Machine
8.1.2.1. Market Revenue and Forecast (2021-2033)
Chapter 9. Global Virtual Machine Market, By Organization Size
9.1. Virtual Machine Market, by Organization Size, 2024-2033
9.1.1. Large Enterprises
9.1.1.1. Market Revenue and Forecast (2021-2033)
9.1.2. SMEs
9.1.2.1. Market Revenue and Forecast (2021-2033)
Chapter 10. Global Virtual Machine Market, By Vertical
10.1. Virtual Machine Market, by Vertical, 2024-2033
10.1.1. BFSI
10.1.1.1. Market Revenue and Forecast (2021-2033)
10.1.2. Telecommunications & ITES
10.1.2.1. Market Revenue and Forecast (2021-2033)
10.1.3. Government & Public Sector
10.1.3.1. Market Revenue and Forecast (2021-2033)
10.1.4. Healthcare & Life Sciences
10.1.4.1. Market Revenue and Forecast (2021-2033)
10.1.5. Others
10.1.5.1. Market Revenue and Forecast (2021-2033)
Chapter 11. Global Virtual Machine Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Forecast, by Type (2021-2033)
11.1.2. Market Revenue and Forecast, by Organization Size (2021-2033)
11.1.3. Market Revenue and Forecast, by Vertical (2021-2033)
11.1.4. U.S.
11.1.4.1. Market Revenue and Forecast, by Type (2021-2033)
11.1.4.2. Market Revenue and Forecast, by Organization Size (2021-2033)
11.1.4.3. Market Revenue and Forecast, by Vertical (2021-2033)
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Forecast, by Type (2021-2033)
11.1.5.2. Market Revenue and Forecast, by Organization Size (2021-2033)
11.1.5.3. Market Revenue and Forecast, by Vertical (2021-2033)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Type (2021-2033)
11.2.2. Market Revenue and Forecast, by Organization Size (2021-2033)
11.2.3. Market Revenue and Forecast, by Vertical (2021-2033)
11.2.4. UK
11.2.4.1. Market Revenue and Forecast, by Type (2021-2033)
11.2.4.2. Market Revenue and Forecast, by Organization Size (2021-2033)
11.2.4.3. Market Revenue and Forecast, by Vertical (2021-2033)
11.2.5. Germany
11.2.5.1. Market Revenue and Forecast, by Type (2021-2033)
11.2.5.2. Market Revenue and Forecast, by Organization Size (2021-2033)
11.2.5.3. Market Revenue and Forecast, by Vertical (2021-2033)
11.2.6. France
11.2.6.1. Market Revenue and Forecast, by Type (2021-2033)
11.2.6.2. Market Revenue and Forecast, by Organization Size (2021-2033)
11.2.6.3. Market Revenue and Forecast, by Vertical (2021-2033)
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Forecast, by Type (2021-2033)
11.2.7.2. Market Revenue and Forecast, by Organization Size (2021-2033)
11.2.7.3. Market Revenue and Forecast, by Vertical (2021-2033)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Type (2021-2033)
11.3.2. Market Revenue and Forecast, by Organization Size (2021-2033)
11.3.3. Market Revenue and Forecast, by Vertical (2021-2033)
11.3.4. India
11.3.4.1. Market Revenue and Forecast, by Type (2021-2033)
11.3.4.2. Market Revenue and Forecast, by Organization Size (2021-2033)
11.3.4.3. Market Revenue and Forecast, by Vertical (2021-2033)
11.3.5. China
11.3.5.1. Market Revenue and Forecast, by Type (2021-2033)
11.3.5.2. Market Revenue and Forecast, by Organization Size (2021-2033)
11.3.5.3. Market Revenue and Forecast, by Vertical (2021-2033)
11.3.6. Japan
11.3.6.1. Market Revenue and Forecast, by Type (2021-2033)
11.3.6.2. Market Revenue and Forecast, by Organization Size (2021-2033)
11.3.6.3. Market Revenue and Forecast, by Vertical (2021-2033)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Forecast, by Type (2021-2033)
11.3.7.2. Market Revenue and Forecast, by Organization Size (2021-2033)
11.3.7.3. Market Revenue and Forecast, by Vertical (2021-2033)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Type (2021-2033)
11.4.2. Market Revenue and Forecast, by Organization Size (2021-2033)
11.4.3. Market Revenue and Forecast, by Vertical (2021-2033)
11.4.4. GCC
11.4.4.1. Market Revenue and Forecast, by Type (2021-2033)
11.4.4.2. Market Revenue and Forecast, by Organization Size (2021-2033)
11.4.4.3. Market Revenue and Forecast, by Vertical (2021-2033)
11.4.5. North Africa
11.4.5.1. Market Revenue and Forecast, by Type (2021-2033)
11.4.5.2. Market Revenue and Forecast, by Organization Size (2021-2033)
11.4.5.3. Market Revenue and Forecast, by Vertical (2021-2033)
11.4.6. South Africa
11.4.6.1. Market Revenue and Forecast, by Type (2021-2033)
11.4.6.2. Market Revenue and Forecast, by Organization Size (2021-2033)
11.4.6.3. Market Revenue and Forecast, by Vertical (2021-2033)
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Forecast, by Type (2021-2033)
11.4.7.2. Market Revenue and Forecast, by Organization Size (2021-2033)
11.4.7.3. Market Revenue and Forecast, by Vertical (2021-2033)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Type (2021-2033)
11.5.2. Market Revenue and Forecast, by Organization Size (2021-2033)
11.5.3. Market Revenue and Forecast, by Vertical (2021-2033)
11.5.4. Brazil
11.5.4.1. Market Revenue and Forecast, by Type (2021-2033)
11.5.4.2. Market Revenue and Forecast, by Organization Size (2021-2033)
11.5.4.3. Market Revenue and Forecast, by Vertical (2021-2033)
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Forecast, by Type (2021-2033)
11.5.5.2. Market Revenue and Forecast, by Organization Size (2021-2033)
11.5.5.3. Market Revenue and Forecast, by Vertical (2021-2033)
Chapter 12. Company Profiles
12.1. VMware
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Microsoft
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Oracle Corporation
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. IBM Corporation
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Citrix Systems
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Red Hat, Inc.
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. Amazon Web Services (AWS)
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Google Cloud
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Hewlett Packard Enterprise (HPE)
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. Dell Technologies
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.
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