Virtualization Security Market
Analysis/Virtualization Security Market Scenario
The global
virtualization security market size will touch USD 8 billion at a 12% CAGR
during the forecast period 2020- 2027, states the latest Market Research
Future’s (MRFR) virtualization security market forecast. Virtualization
security, put simply, is a collection of procedures, device management
techniques, and controls that ensure utmost security to counter
cyber-attacks.
Various factors are fueling
the global virtualization security market growth. As per the recent MRFR
market estimates, such
factors include the growing need for managed security services among various
organizations and businesses, rapid rise in cyber-attacks, the growth of
digital and software industry, increasing awareness about the various benefits
of virtualization security, and different virtualization security policies, and
favorable virtualization security solutions. Besides, the inclination towards
virtualized infrastructure among enterprises is amongst the latest virtualization
security market upcoming trends.
On the contrary,
complexities associated with installation and management, drawbacks of
virtualization, shortage of trained professionals, and lack of familiarity of
the virtual security, may impede the global virtualization security industry
growth over the forecast period.
COVID-19 Impact on the
Virtualization Security Market
Fortunately, the global
virtualization security market has not faced the brunt of the COVID-19
pandemic. The key factors boosting the market growth is the burgeoning need for
cloud computing technology particularly in the healthcare domain for analyzing patients’
data. Besides, virtualization security applications are helping to make remote
work more manageable and thus ensuring the security of the network and
data.
Market
Segmentation
The MRFR report throws
light on an inclusive segmental analysis of the global virtualization security
market based on type, services, end users, and infrastructure.
By type, the global
virtualization security market is segmented into software and hardware. The
hardware segment is again segmented into networking. The software segment is
again segmented into virtual client computing software, operating system,
security management, and system and networking management.
By services, the global
virtualization security market is segmented into support and maintenance, consulting,
integration and design, and others.
By end users, the global
virtualization security market is segmented into large enterprises, government
(BFSI), healthcare and retail, telecommunication, IT, cloud service provider,
and others.
By infrastructure, the
global virtualization security market is segmented into virtual machine, web
server, hypervisor, and virtual switch.
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Regional Analysis
By region, the global
virtualization security market covers the recent trends and growth opportunity
across Europe, North America, the Asia Pacific (APAC), and Rest of the World
(RoW). Of these, North America will remain domineer in the market over the
forecast period. Increased quantum of demand to management areas of identity
and access, growing need for security solutions by American companies, growing
cloud computing market, highest cyber-attacks that demand high end security
solutions, and rapid technological changes in the US are adding to the global
virtualization security market share in the region.
In Europe, the global
virtualization security market is predicted to have the second-largest share
over the forecast period. Rising cases of cyber-attacks, rich IT and automotive
industry, increasing adoption of virtualization security services and solutions,
progressive growth in the implementation of virtualization security services
and solutions owing to influential technical experts & substantial IT
budgets, proficient technology background, strong proliferation of cloud, and
the presence of higher number of virtualization security providers are adding
to the global virtualization security market growth in the region.
In the APAC region, the
global virtualization security market is predicted to have healthy growth over
the forecast period for the growth of Asian countries like Japan, India, and
China and the region being the hub to a large IT industry.
Key Players
The prominent players
profiled in the global virtualization security market report include Oracle
Corporation (U.S.), CA Technologies (U.S.), Intel Security Group (U.S.),
Ericsson Networks (Sweden), Dell Inc. (U.S.), Hewlett-Packard (U.S.), Fortinet
Inc. (U.S.), VMware Inc. (U.S.), Symantec Corp. (U.S.), Trend Micro Inc.
(Japan), and Altor Networks (U.S.). Partnerships, mergers and acquisitions, new
product launch, geographic expansions, among others are some of the
virtualization security strategies adopted by key players.
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Complete Report @ https://www.marketresearchfuture.com/reports/virtualization-security-market-942
Virtualization Security 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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