Dublin, Sept. 28, 2023 (GLOBE NEWSWIRE) -- The "Server Virtualization Software - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global Server Virtualization Software market is experiencing significant growth, with an estimated value of US$8.3 billion in 2022, projected to reach approximately US$13.8 billion by 2030.
This represents a compound annual growth rate (CAGR) of 6.6% during the forecast period from 2022 to 2030. Server virtualization software is a technology that allows multiple virtual servers to run on a single physical server, optimizing server utilization, reducing hardware costs, and enhancing overall IT efficiency.
Segmentation by Virtualization Type
- Para Virtualization: This segment is expected to record a CAGR of 6.7%, reaching a market size of US$4.4 billion by 2030. Para virtualization offers efficient resource utilization and is particularly useful in environments where full virtualization is not possible.
- Full Virtualization: The full virtualization segment is estimated to grow at a CAGR of 5.9% for the next eight years. Full virtualization provides complete isolation between virtual machines, making it suitable for a wide range of applications.
Regional Market Insights
- United States: The U.S. Server Virtualization Software market was estimated at US$2.8 billion in 2022, reflecting the country's advanced IT infrastructure and the adoption of virtualization technologies in various industries.
- China: China is forecasted to experience robust growth in the Server Virtualization Software market, with a projected market size of US$1.4 billion by 2030. The country's expanding IT sector and digital transformation initiatives contribute to this growth.
- Japan: Japan is expected to grow at a CAGR of 6.2% during the forecast period, driven by the need for efficient data center management and server consolidation.
- Canada: Canada's market is projected to grow at a CAGR of 6.4%, benefiting from the adoption of virtualization solutions in both public and private sectors.
- Germany: In Europe, Germany is anticipated to grow at approximately 6.3% CAGR, reflecting the country's focus on IT modernization and cloud computing.
Key Market Players
Some of the key players in the global Server Virtualization Software market include:
- Cisco Systems, Inc.
- Fujitsu Ltd.
- Huawei Technologies Co., Ltd.
- Google LLC
- Broadcom Inc.
- Accenture PLC
- Citrix Systems, Inc.
- Capgemini SE
- Egenera, Inc.
- Dell Technologies, Inc.
- Hewlett Packard Enterprise Development LP (HPE)
- ConnectIT Networks
- HVE ConneXions
- DXC Technology Company
Conclusion
The global Server Virtualization Software market is witnessing substantial growth as organizations across industries seek to optimize their IT infrastructure and reduce operational costs. Para virtualization and full virtualization technologies offer flexibility and efficiency, driving adoption worldwide.
The United States, China, Japan, Canada, and Germany are key markets contributing to this growth. Additionally, the increasing emphasis on cloud computing, data center consolidation, and digital transformation initiatives further accelerates the demand for server virtualization software.
Key players in the industry are continuously innovating to meet the evolving needs of businesses, ensuring that they can harness the benefits of virtualization for improved resource utilization and scalability. This dynamic market presents opportunities for both established and emerging players to provide innovative solutions and gain a competitive edge.
What`s New?
- Special discussions on the global economic climate and market sentiment
- Coverage on global competitiveness and key competitor percentage market shares
- Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and trademarked research platform
- Complimentary updates for one year
- Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- Virtualization and Virtualization Software: A Review
- World Virtualization Software Market by Technology (2020 & 2027): Percentage Breakdown of Revenues for Network Function Virtualization, Desktop Virtualization, Software-defined Storage and Server Virtualization
- Server Virtualization
- Development of the Server Virtualization Market
- Rising Uptake and Software Maintenance Revenues Help Server Virtualization Software Market Post Decent Growth
- Market Drivers & Restraints
- North America to Retain Commanding Position in Server Virtualization Software Market
- World Server Virtualization Software Market by Region (2020 & 2027): Percentage Breakdown of Revenues for Developed and Developing Regions
- World Server Virtualization Software Market - Geographic Regions Ranked by CAGR (Revenues) for 2020-2027
- Competitive Scenario
- Vendor Focus on Sophisticated Features Catalyzes Server Virtualization Software Market
- Recent Market Activity
- Server Virtualization Software - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Server Virtualization: An Important Cog in the IT Wheel
- Cost Benefits from Server Consolidation Drive the Business Case for Server Virtualization
- Server Virtualization: Enabling Green IT Strategy
- Energy Consumption in Server Rooms: Comparison of Power Consumption (in %) for IT Equipment, Air Conditioning and Distribution Losses
- Changing ICT Landscape to Influence Server Virtualization Software Market
- Global Shipments of Smartphones (in Million Units) for the Years 2011 through 2019
- Proliferation of Cloud and OS Technologies Drive Server Virtualization
- Global Public Cloud Computing Market (in US$ Billion) by Segment for the Years 2019 and 2022
- Status of Serverless Computing, Containers, and Modern Applications
- Data Center Virtualization Trends
- Select Innovations in Server Virtualization Space
- Challenges Facing the Server Virtualization Software Market
- Server Virtualization: Technology Overview
- Virtualization Technology: A Background Study
- An Introduction to Server Virtualization Software
- Future of Server Virtualization Software
- Server Virtualization Approaches
- Virtual Server
- Key Steps in Implementation of Server Virtualization
- Key Benefits Package
- Disadvantages of Virtualization
- Backup Issues
- Data Recovery
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/tmpsa5
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
