According to the new report "Application Virtualization Market by Component (Solutions and Services), Deployment Model, Organization Size, Vertical (BFSI, Healthcare, Government and Defense, Education, Construction, and IT and Telecom), and Region - Global Forecast to 2023", The application virtualization market size is expected to grow from USD 2.2 billion in 2018 to USD 4.4 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 14.0% during the forecast period. Providing solutions for lengthy application installation process with improved security and simplifying the overall application life cycle are the major growth factors for the application virtualization market.
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Report Objectives
• To define, segment, and project the global market size of the application virtualization market
• To understand the structure of the market by identifying its various sub-segments
• To provide detailed information about the key factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the growth of the market
• To analyze the micro markets with respect to individual growth trends, prospects, and their contribution to the total market
• To project the size of the market and its submarkets, in terms of value, with respect to the 5 major regions (along with their respective key countries)
• To profile key players and comprehensively analyze their core competencies
• To understand the competitive landscape and identify major growth strategies adopted by players across key regions
• To analyze the competitive developments, such as expansions and investments, new product launches, mergers and acquisitions, joint ventures, and agreements, in the application virtualization market
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Recent Developments
• In November 2018, Microsoft acquired FSLogix to extend its virtualization capabilities and provide an improved experience for Microsoft 365 customers.
• In January 2019, Symantec introduced a new Symantec SSL Visibility appliance (SSLV) v5.0 – an encrypted traffic management solution as a virtual appliance. SSLV v5.0 is an on-premises virtual appliance for dedicated Secure Sockets Layer (SSL)/Transport Layer Security (TLS) inspection.
• In June 2018, VMware introduced a new vCloud NFV OpenStack edition 3.0, the next-generation of the company’s production-proven Network Functions Virtualization (NFV) platform for communications service providers.
Critical questions the report answers:
• Where will all these developments take the industry in the mid- to long-term?
• What are the upcoming industry applications for the Application virtualization market?
• Which segment provides the most opportunity for growth?
• Who are the leading vendors operating in this market?
• What are the opportunities for new market entrants?
Key Application Virtualization Market Players
The major vendors in the application virtualization market are Microsoft (US), Symantec (US), VMware (US), Citrix Systems (US), Red Hat (US), Oracle (US), Google (US), Dell (US), Micro Focus (UK), Parallels International (US), Systancia (France), Accops (India), NComputing (South Korea), Sangfor Technologies (China), and NextAxiom Technology (US).
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