Market Analysis
The global desktop
hypervisor market size is predicted to touch USD 32.9 billion at a 22% CAGR
between 2017- 2023 states the recent Market Research Future (MRFR) analysis.
Desktop hypervisor, simply put, is a form of software which, when directly
installed to the hardware of the computer, simplifies various operational
facets of multiple operating systems. It works wonders to ease the integration
of cloud technology. It is widely used in retail, education, automotive, BFSI,
healthcare, government, and other sectors.
Various
factors are propelling the global Desktop
Hypervisor Market Trends. As per the current MRFR report, such factors
include escalating ICT expenditure worldwide, booming consumer electronics
industry, growing dependence on various software-enabled technologies, rising
focus on the progress of new products, high competition among leading players,
increasing digitalization of processes, and growing need for data security.
Additional factors adding market growth include competition in the IT space,
availability of different applications, and upheaval in different desktop
hypervisor technologies with the launch of different virtual machines.
On the contrary, various
growth prospects, computational cost, infrastructure constraints, and the COVID-19
impact are factors that may limit the global desktop hypervisor market growth
over the forecast period.
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Driving Factors
The worldwide ICT expenditure has been
escalating remarkably, attributable to the factors such as flourishing consumer
electronics industry and rising dependence on software-enabled technologies.
Growing at a healthy rate of knots, the global desktop hypervisor market will
surpass its latest valuation post novel coronavirus pandemic.
The global desktop hypervisor market is anticipated
to observe a capable escalation in the next few years. The mounting level of
competition among the leading players and the increasing focus on the progress
of new products is possible to offer promising growth opportunities throughout
the forecast period.
The factors causative to the expansion of
the desktop hypervisor market are augmented digitization of processes, rising
need for data security, availability of various applications, rising
competition in the IT space, which in turn results in cost cuts and ever more
mobile workforce. The upheaval in various desktop hypervisor technologies with
the introduction of various virtual machines is assisting the market is
expanding at a rapid rate.
In fact, some of the renowned players
continue to target software components to secure surged profits for contending
in the embedded hypervisor market landscape. Nevertheless, services -
professional services and managed services are poised to witness staggering
growth in the near term. Despite the mounting popularity of embedded hypervisor
services, market players continue to glean bigger margins from software
components.
On the contrary, some factors, such as
infrastructure constraints, computational cost, and various growth prospects,
are hindering the development of the desktop hypervisor market. Furthermore,
mounting investments in the desktop hypervisor market and swelling
opportunities for the penetration in the healthcare industry is probable to
boost the growth of the desktop hypervisor market over the forecast period,
2017-2023.
Segmentation of Market
The global desktop hypervisor market amid
the study of COVID-19 can be bifurcated as technology, organization size, and
end-users.
In terms of technology segment, the market
has included hosted shared desktop, hosted virtual desktop, hosted virtual
desktop and virtual desktop infrastructure. Among these, the virtual desktop
infrastructure segment might expand at a steady rate majorly owing to new
software licenses, diminishing cost of ownership, and the rising popularity of
the support-service-based business models. On the other side, the hosted
virtual desktop segment might also grow at a fast pace over the forecast
period, 2017-2023.
In terms of organization size segment, the
market has included SMEs and large.
In terms of end-users, the market has
included healthcare, government, automobile, BFSI, retail, education, and
others.
Regional Front
Regionally, North America scored the
largest market share of the market, mainly from countries such as the U.S. and
Canada. The reason is attributed to the increasing demand for escalating
R&D and high-end technology solutions and escalating usage of virtual
machines in the retail and healthcare sector.
Global Desktop Hypervisor market in the
European region is anticipated to expand at a substantial CAGR during the forecasted
period owing to rapidly increasing R&D prevailing in this region.
The Asia Pacific market for the desktop
hypervisor market is expected to grow at a considerable CAGR (2016-2023) as the
growing usage of virtual machines in the retail and healthcare sector. Also,
the presence of a large number of manufacturers and the increasing growth of
automotive industries has crucial reasons for the market’s growth in the APAC
region.
Key Players
Leading desktop
hypervisor market vendors profiled in the global desktop hypervisor market
report include Red Hat, Inc (U.S.), Dell Technologies (U.S.), Sierraware LLC
(U.S.), Moka5 (U.S.), Cisco Systems Inc (U.S.), IBM Corporation (U.S.),
NComputing Co. LTD (U.S.), Oracle Corporation (U.S.), and Microsoft Corporation
(U.S.).
Browse Complete Report @
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Desktop Hypervisor Market Research Report: Information by Technology (Hall
Effect, Magneto Resistive, Variable Reluctance), By Application (Automotive,
Industrial, Aerospace & Defense, Consumer Electronics) and Region (North
America, Europe, Asia-Pacific, Middle East & Africa, and South
America)—Forecast till 2030
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