1. Market Research
  2. > ICT
  3. > Software Market Trends
Virtualization Software Market - Growth, Trends, Forecasts (2020 - 2025)

Virtualization Software Market - Growth, Trends, Forecasts (2020 - 2025)

  • April 2020
  • 137 pages
  • ID: 5893145
  • Format: PDF
  • Mordor Intelligence LLP

Summary

Table of Contents

Search Inside

The Virtualization Software Market was valued at USD 14.69 billion in 2019, and is expected to reach USD 33.76 billion by 2025, registering a CAGR of 15.2%, during the forecast period of 2020-2025. Virtualization helps in better recovery of enterprises during man-made or natural disasters. It allows for dissimilar and less hardware at the disaster recovery site. Thus, it facilitates easier failover and recovery.

- The virtualization software market is expected to benefit from the shift that the organizations are making to reduce energy consumption, improve hardware efficiency, and boost sustainability with the help of virtualization.
- Spiceworks indicates that application virtualization is expected to experience the most growth among virtualization technologies with adoption expected to grow from 39% today to 56% by 2021. Compared to small businesses, twice as many enterprises have adopted application virtualization
- The convenience of managing the IT infrastructure and its components, both hardware and software, has boosted the use of virtualization solution among the end-users. The emergence of cloud services has further boosted the virtualization software applications in the hardware virtualization. Communication and networking needs have expanded the need for network virtualization in the global market.
- The network virtualization is expected to gain further attention from the solution providers with the focuses on 5G introduction in services, across the world. Broadband, fiber network, and other similar network related solution provide a new opportunity for the players in the market.
- Due to the outbreak of novel Corona Virus, many companies are encouraging employees to work from home, which is proving to be beneficial for the vendors. This is because a growing number of customers and organizations are turning to these vendors for advice and support, to enable secure remote-work initiatives, that can ensure the safety and productivity of their employees and to maintain ongoing business operations throughout this evolving global crisis.
- For instance, since the past few weeks, Citrix has shared remote work best-practices and examples from customers around the globe using its virtualization and workspace solutions to ensure secure and reliable remote access to the applications.

Key Market Trends
Storage Virtualization to Grow at a Significant Rate

- Virtualizing the storage has become mandatory, as the enterprise resources are becoming decentralized and increasing in volume. It is also called Software Defined Storage or virtual SAN.
- Storage virtualization may allow many storage units to be combined in one. Additionally, it may remove any physical storage in sight. It is useful for those organizations, which spend excess in hardware or those who are unable to meet SLA, due to lack of storage facilities.
- As per the DOMO’s Data Never Sleeps 6.0 Report, Amazon shipped 1,111 packages per minute, the Weather Channel received 180,55,555 forecast requests per minute, and Google conducted 38,77,140 requests per minute in 2018. To store the increasing amount of data, hardware devices are not enough.
- Storage virtualization products, such as IBM’s SAN Volume Controller (SVC) and Hitachi Data Systems Corp.’s USP V, claim to virtualize different types and brands of storage systems, making them potentially useful to companies that have undergone a merger or acquisition.

Asia-Pacific to Witness the Highest Growth

- Asia-Pacific is expected to witness the highest growth rate owing to growing digitization initiatives and increasing adoption of virtualization technologies in the region.
- Number of financial centers is increasing in the APAC region, with Shanghai in fifth position of the Global Financial Centers Index 2019. Financial data is critical, thus, it needs to be stored in a virtual server, for security purpose.
- In 2018, VMware said it would invest USD 2 billion in India, most of which would be going into expanding headcount, creating facilities for the increased workforce, and expanding to more markets in the country.
- The growing investments and developments in the BFSI and IT and telecommunication industry in the region is expected to create opportunities for the market. The Indian IT and IT-enabled services industry is the dominating source for most of the countries worldwide, which accounted for over 55% of the global services sourcing businesses in 2018 (IBEF).

Competitive Landscape
The market for virtualization software is highly dominated by players, like Oracle, VMware, and Microsoft, which provide virtualization software used by all big and small enterprises. Partnerships, like Dell with Microsoft and VMware, allow easier IT operations.

- March 2020 - Microsoft has announced the acquisition of Affirmed Networks, which is a startup that offers fully virtualized, cloud-native mobile network solutions. Microsoft wants to integrate Affirmed Networks’ technology into Microsoft Azure to let the telecommunications industry deploy and maintain 5G networks via the cloud rather than just hardware and software.
- December 2019 - Red Hat, Inc., renewed the Federal Information Processing Standard 140-2 (FIPS 140-2) security validations for Red Hat Enterprise Linux 7.6. Driven by the National Institute of Standards and Technology (NIST), FIPS 140-2 is a computer security standard that specifies the requirements for cryptographic modules. Even Red Hat Virtualization uses the FIPS 140-2 re-validated cryptography module.

Reasons to Purchase this report:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.

ref:plp2020

Reportlinker.com © Copyright 2020. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on