PUBLISHER: Grand View Research | PRODUCT CODE: 1404962
PUBLISHER: Grand View Research | PRODUCT CODE: 1404962
Virtual Machine Market Size, Share & Trends Analysis Report By Type, By Organization Size, By Vertical, By Region, And Segment Forecasts, 2023 - 2030
Virtual Machine Market Growth & Trends:
The global virtual machine market size is anticipated to reach USD 30,122.3 million by 2030, registering a CAGR of 15.1% from 2023 to 2030, according to a new report by Grand View Research, Inc. Virtualization technology has become a fundamental component of modern IT infrastructure, enabling organizations to optimize resource utilization, improve scalability, and reduce operational costs. Moreover, the market will grow as more businesses and end-users utilize various information technology solutions, such as cloud infrastructure, cutting-edge applications, and container integration, to promote productivity. Adopting cloud computing services was a significant driver of market growth. Cloud providers like Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform (GCP) heavily relied on virtualization technology to deliver scalable and cost-effective cloud services. Organizations were increasingly adopting hybrid and multi-cloud strategies to leverage the benefits of both public and private clouds.
These machines played a critical role in creating a consistent infrastructure across different cloud environments. Server virtualization remained a cornerstone of data center optimization. Many businesses were still in the process of virtualizing their server infrastructure to improve hardware utilization and reduce power consumption. Virtual machines (VMs) were widely used for server consolidation, allowing multiple virtual servers to run on a single physical server. This reduced hardware costs and improved resource utilization. For example, cloud computing virtualization platforms, such as VMware's vSphere and Microsoft's Hyper-V, were widely used for server virtualization. These technologies allowed multiple VMs to run on a single physical server. The continuous advancement of the IT industry worldwide is a significant driver of market growth.
Advancements in hardware, such as faster processors and increased memory capacity, enable VMs to run more efficiently and support increasingly demanding workloads. The IT industry's widespread adoption of cloud computing has been a catalyst for VM growth. Cloud providers rely heavily on VM technology to deliver scalable and flexible services to businesses of all sizes. These providers continually innovate with new VM instance types and services. The proliferation of Internet of Things (IoT) devices and the need for processing data at the edge has increased the demand for VMs. VMs enable deploying computing resources closer to where data is generated, reducing latency, and improving real-time decision-making. The combination of VMs and AI/ML at the edge drives growth. VMs can host AI and machine learning (ML) models that analyze data locally, improving response times for edge applications, such as autonomous vehicles and industrial automation.
Virtual Machine Market Report Highlights:
- The system type segment dominated the market with a share of over 64.5% in 2022. System virtualization involves running multiple operating systems simultaneously on a single physical machine, allowing for better resource utilization and isolation between virtualized environments
- The SMEs segment led the market with a revenue share of 72.8% in 2022. The growth of virtualization in the SMEs segment is driven by the need for cost-effective IT solutions that enhance resource utilization, flexibility, and scalability
- The BFSI vertical segment dominated the market with a revenue share of 26.5% in 2022. Virtualization in the BFSI segment offers numerous benefits, including cost reduction, enhanced security, scalability, and improved disaster recovery
- North America was the dominant regional market with a share of 36.0% in 2022. North America has been experiencing several notable growth trends driven by evolving technology, increased adoption of virtualization, and changing business needs
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Research Methodology
- 1.2.1. Information Procurement
- 1.3. Information or Data Analysis
- 1.4. Methodology
- 1.5. Research Scope and Assumptions
- 1.6. Market Formulation & Validation
- 1.7. Country Based Segment Share Calculation
- 1.8. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Virtual Machine Market Variables, Trends, & Scope
- 3.1. Market Lineage Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.2. Market Restraint Analysis
- 3.2.3. Industry Challenge
- 3.3. Virtual Machine Market Analysis Tools
- 3.3.1. Industry Analysis - Porter's
- 3.3.1.1. Bargaining power of the suppliers
- 3.3.1.2. Bargaining power of the buyers
- 3.3.1.3. Threats of substitution
- 3.3.1.4. Threats from new entrants
- 3.3.1.5. Competitive rivalry
- 3.3.2. PESTEL Analysis
- 3.3.2.1. Political landscape
- 3.3.2.2. Economic and Social landscape
- 3.3.2.3. Technological landscape
- 3.3.1. Industry Analysis - Porter's
- 3.4. Pain Point Analysis
Chapter 4. Virtual Machine Market: Type Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Virtual Machine Market: Type Movement Analysis, 2022 & 2030 (USD Million)
- 4.3. System Virtual Machine
- 4.3.1. System Virtual machine market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 4.4. Process Virtual Machine
- 4.4.1. Process Virtual machine market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
Chapter 5. Virtual Machine Market: Organization Size Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Virtual Machine Market: Organization Size Movement Analysis, 2022 & 2030 (USD Million)
- 5.3. Large Enterprise
- 5.3.1. Large Enterprise Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 5.4. SMEs
- 5.4.1. SMEs Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
Chapter 6. Virtual Machine Market: Vertical Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Virtual Machine Market: Vertical Movement Analysis, 2022 & 2030 (USD Million)
- 6.3. BFSI
- 6.3.1. BFSI Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 6.4. Telecommunications & ITES
- 6.4.1. Telecommunication & ITES Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 6.5. Government & Public Sector
- 6.5.1. Government & Public Sector Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 6.6. Healthcare & Life Sciences
- 6.6.1. Healthcare & Life Sciences Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 6.7. Others
- 6.7.1. Others Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
Chapter 7. Virtual Machine Market: Regional Estimates & Trend Analysis
- 7.1. Virtual Machine Market Share, By Region, 2022 & 2030, USD Million
- 7.2. North America
- 7.2.1. North America Virtual Machine Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.2.2. U.S.
- 7.2.2.1. U.S. Virtual Machine Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.2.3. Canada
- 7.2.3.1. Canada Virtual Machine Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.3. Europe
- 7.3.1. Europe Virtual Machine Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.3.2. UK
- 7.3.2.1. UK Virtual Machine Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.3.3. Germany
- 7.3.3.1. Germany Virtual Machine Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.3.4. France
- 7.3.4.1. France Virtual Machine Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.4. Asia Pacific
- 7.4.1. Asia Pacific Virtual Machine Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.4.2. China
- 7.4.2.1. China Virtual Machine Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.4.3. Japan
- 7.4.3.1. Japan Virtual Machine Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.4.4. India
- 7.4.4.1. India Virtual Machine Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.4.5. South Korea
- 7.4.5.1. South Korea Virtual Machine Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.4.6. Australia
- 7.4.6.1. Australia Virtual Machine Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.5. Latin America
- 7.5.1. Latin America Virtual Machine Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.5.2. Brazil
- 7.5.2.1. Brazil Virtual Machine Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.5.3. Mexico
- 7.5.3.1. Mexico Virtual Machine Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.6. Middle East and Africa
- 7.6.1. Middle East and Africa Virtual Machine Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.6.2. South Africa
- 7.6.2.1. South Africa Virtual Machine Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.6.3. UAE
- 7.6.3.1. UAE Virtual Machine Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.6.4. KSA
- 7.6.4.1. KSA Virtual Machine Market Estimates and Forecasts, 2017 - 2030 (USD Million)
Chapter 8. Competitive Landscape
- 8.1. Company Categorization
- 8.2. Company Market Positioning
- 8.3. Participant's Overview
- 8.4. Financial Performance
- 8.5. Product Benchmarking
- 8.6. Company Heat Map Analysis
- 8.7. Strategy Mapping
- 8.8. Company Profiles/Listing
- 8.8.1. Amazon.com Inc.
- 8.8.2. Citrix Systems Inc.
- 8.8.3. Hewlett Packard Enterprise LP
- 8.8.4. Huawei Technologies Co. Ltd.
- 8.8.5. International Business Machine Corporation
- 8.8.6. Microsoft Corporation
- 8.8.7. Oracle Corporation
- 8.8.8. VMware Inc.
- 8.8.9. Parallels Inc.
- 8.8.10. Red Hat Inc.
List of Tables
- Table 1 Global Virtual Machine Market by Type, 2017 - 2030 (USD Million)
- Table 2 Global Virtual Machine Market by Organization Size, 2017 - 2030 (USD Million)
- Table 3 Global Virtual Machine Market by Vertical, 2017 - 2030 (USD Million)
- Table 4 Global Virtual Machine Market by Region, 2017 - 2030 (USD Million)
- Table 5 North America Virtual Machine Market by country, 2017 - 2030 (USD Million)
- Table 6 Europe Virtual Machine Market by country, 2017 - 2030 (USD Million)
- Table 7 Asia Pacific Virtual Machine Market by country, 2017 - 2030 (USD Million)
- Table 8 Latin America Virtual Machine Market by type, 2017 - 2030 (USD Million)
- Table 9 MEA Virtual Machine Market by country, 2017 - 2030 (USD Million)
- Table 10 Key companies launching new products/services
- Table 11 Key companies engaged in mergers & acquisition
- Table 12 Key companies engaged in Research & development
- Table 13 Key Companies engaged in expansion
List of Figures
- Fig. 1 Virtual Machine Market segmentation
- Fig. 2 Market research process
- Fig. 3 Information procurement
- Fig. 4 Primary research pattern
- Fig. 5 Market research approaches
- Fig. 6 Value chain-based sizing & forecasting
- Fig. 7 QFD modelling for market share assessment
- Fig. 8 Parent market analysis
- Fig. 9 Patient-population model
- Fig. 10 Market formulation & validation
- Fig. 11 Virtual Machine Market snapshot
- Fig. 12 Virtual Machine Market segment snapshot
- Fig. 13 Virtual Machine Market competitive landscape snapshot
- Fig. 14 Market research process
- Fig. 15 Market driver relevance analysis (Current & future impact)
- Fig. 16 Market restraint relevance analysis (Current & future impact)
- Fig. 17 Virtual Machine Market, Type outlook key takeaways (USD Million)
- Fig. 18 Virtual Machine Market: Type movement analysis, 2022 & 2030 (USD Million)
- Fig. 19 System Virtual machine market revenue estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 20 Process Virtual machine market revenue estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 21 Virtual Machine Market: Organization Size outlook key takeaways (USD Million)
- Fig. 22 Virtual Machine Market: Organization Size movement analysis, 2022 & 2030(USD Million)
- Fig. 23 Large Enterprises market revenue estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 24 SMEs market revenue estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 25 Virtual Machine Market: Vertical outlook key takeaways (USD Million)
- Fig. 26 Virtual Machine Market: Vertical movement analysis, 2022 & 2030 (USD Million)
- Fig. 27 BFSI market revenue estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 28 Telecommunications & ITES market revenue estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 29 Government & Public Sector market revenue estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 30 Healthcare & Life Sciences market revenue estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 31 Others market revenue estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 32 Regional marketplace: Key takeaways
- Fig. 33 Virtual Machine Market: Regional outlook, 2022 & 2030 (USD Million)
- Fig. 34 North America Virtual Machine Market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 35 U.S. Virtual Machine Market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 36 Canada Virtual Machine Market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 37 Mexico Virtual Machine Market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 38 Europe Virtual Machine Market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 39 UK Virtual Machine Market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 40 Germany Virtual Machine Market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 41 France Virtual Machine Market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 42 Asia Pacific Virtual Machine Market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 43 Japan Virtual Machine Market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 44 China Virtual Machine Market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 45 India Virtual Machine Market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 46 Australia Virtual Machine Market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 47 South Korea Virtual Machine Market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 48 Latin America Virtual Machine Market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 49 Brazil Virtual Machine Market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 50 Mexico Virtual Machine Market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 51 MEA Virtual Machine Market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 52 KSA Virtual Machine Market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 53 UAE Virtual Machine Market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 54 South Affrica Virtual Machine Market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 55 Strategy framework
- Fig. 56 Company Categorization
