The global virtual machines market is anticipated to grow at a significant CAGR of 16.7% during the forecast period (2024-2031). VMs are software-based emulations of physical computers, allowing multiple operating systems and applications to run simultaneously on a single physical host's hardware, providing flexibility, scalability, and efficient resource utilization.

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The market is experiencing significant growth due to the increasing adoption of cloud computing across various industries has fueled demand for VMs, enabling scalable and flexible IT infrastructure while reducing costs associated with physical hardware. Advancements in virtualization technology, including improved hypervisors and containerization, have made VMs more efficient, secure, and easier to deploy, enhancing their appeal. The rise of remote work and the need for secure, reliable remote access solutions have also driven VM adoption, providing consistent access to corporate resources. Additionally, the growing complexity of IT environments and the need for robust disaster recovery solutions make VMs essential for business resilience.

Regulatory requirements and data protection laws further prompt organizations to adopt VMs for their enhanced security features and compliance capabilities. Finally, the growth of the Internet of Things (IoT) and the proliferation of connected devices necessitate scalable computing resources, which VMs effectively provide. Consequently, the global VM market is poised for continued expansion as businesses increasingly recognize the strategic benefits of virtualization.

In March 2024, SoftIron launched VM Squared, an alternative to VMware's vSphere, claiming simplicity and quick installation. SoftIron aims to attract SMEs and ex-VMware partners with a modern, user-friendly interface and features that ease the transition to private cloud via its HyperCloud.

In August 2022, during its 45th AGM, Reliance officially launched Jio Cloud PC, a virtual PC hosted in the cloud using Jio True 5G. Aimed at making computing affordable, it eliminates the need for hardware purchases and upgrades, benefiting students, gig workers, small businesses, and large enterprises. Users pay only for usage, ensuring affordability.

Market Coverage

The market number available for – 2023-2031
Base year- 2023
Forecast period- 2024-2031
Segment Covered- 

o             By Type

o             By Industry Vertical

Regions Covered-

o             North America

o             Europe

o             Asia-Pacific

o             Rest of the World

1.1.        Competitive Landscape- Amazon Web Services, Inc., Huawei Technologies Co., Ltd. IBM Corp., Microsoft Corp, and Oracle Corp. among others.

Key questions addressed by the report

What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
Who is the leader in the market?
How are players addressing challenges to sustain growth?
Where is the investment opportunity?

Global Virtual Machines Market Report Segment

By Type

System Virtual Machines
Process Virtual Machines

By Industry Vertical

BFSI
Telecommunications & ITES
Government & Public Sector
Healthcare & Life Sciences
Others (Manufacturing, Education, Retail, Media & Entertainment, Non-profit Organizations)

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Virtual Machines Market Report Segment by Region




North America          

United States
Canada

Europe

Germany
United Kingdom
France
Spain
Italy
Rest of Europe

Asia-Pacific   

China
Japan
India
Rest of Asia-Pacific

Rest of the World

Middle East & Africa
Latin America

Company Profiles

 

Citrix
Datacom Group Ltd
Hewlett Packard Enterprise Development LP
Nasstar
NComputing Co. LTD
Nutanix Group
Parallels International GmbH
Proxmox Server Solutions GmbH
Red Hat, Inc.
Scale Computing

 

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We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
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About Orion Market Research

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