Global Virtualization Security Market, By Component (Solutions, Services), Deployment (On-premises, Cloud), Organization (Small Enterprises, Medium Enterprises, Large Enterprises), End User (Service Providers, Enterprises), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029.
Market Analysis and Insights of Virtualization Security Market
Surge in the rate of digitization especially in the developing economies, growing adoption of virtualization security by small and medium scale enterprises, rising deployment of advanced technologies such as internet of things and surge in the number of cyber-attacks are the major factors attributable to the growth of the virtualization security market. Data Bridge Market Research analyses that the virtualization security market will exhibit a CAGR of 14.30% for the forecast period of 2022-2029. Therefore, the virtualization security market value would rocket up to USD 5.36 billion by 2029.
From the name itself, it is clear that virtualization security is a combination of software and hardware that provides advanced level of security and safety against data theft and malware practices to virtual or software-defined data centers. Virtualization security facilitates securing data through virtual cloud solutions.
Rising volume of crucial organizational data will emerge as the major market growth driving factor. Surging focus of the product developers towards the adoption of new and advanced secure technology especially in the developing economies, rising instances of identity theft and strengthening IT industry in developing economies such as India and China will further aggravate the growth of the market. Rising adoption of cloud-based security solutions to improve the productivity and efficiency, rising demand for crypto-mining, remote-access, and ransom ware and growth in the number of research and development proficiencies by the major players are some other factors bolstering the growth of the market.
However, lack of technological expertise in underdeveloped and developing economies and lack of familiarity of the virtual security will act as growth restraints for the market. Also, death of awareness and in the backward economies and rising concerns regarding breaches pertaining to the security layers by the hackers will yet again hamper the market growth rate. Lack of strong infrastructural facilities in the backward economies will also challenge the market growth rate.
This virtualization security market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on virtualization security market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Virtualization Security Market Scope and Market Size
The virtualization security market is segmented on the basis of component, deployment, organization and end user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of component, the virtualization security market is segmented into solutions and services. Solutions component is further sub-segmented into host based, host based, virtual appliance, virtual zone, virtual infrastructure protection, virtual lifecycle protection, log and patch management, configuration management, virtualization security application program interface, and others. Services component is further sub-segmented into professional services, and managed services. Professional services are further sub-segmented into integration and design, consulting, support and maintenance, and training and education.
- On the basis of deployment, the virtualization security market is on-premises and cloud.
- On the basis of organization, the virtualization security market is segmented into small and medium-sized enterprises, and large enterprises.
- On the basis of end-user, the virtualization security market is fragmented into service providers and enterprises. Service providers are further sub-fragmented into cloud service provider and telecom service provider. Enterprises are further categorized into banking, financial services and insurance (BFSI), government, defense and aerospace, healthcare and life sciences, retail, manufacturing, education. Others are again sub-fragmented into hospitality, transportation and logistics, media and entertainment, industrial control, and energy and utilities.
Virtualization Security Market Country Level Analysis
The virtualization security market is analysed and market size, volume information is provided by country, component, deployment, organization and end user as referenced above.
The countries covered in the virtualization security market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the virtualization security market and will continue to flourish its trend of dominance during the forecast period owing to the rise of cybersecurity threats and presence of prominent key players. Asia-Pacific will score the highest growth rate owing to the high rate of adoption of by the various industries in countries in the region, surging investments towards the development of IT infrastructure in this region and growth in the rate of industrialization.
The country section of the virtualization security market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Virtualization Security Market Share Analysis
The virtualization security market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to virtualization security market.
Some of the major players operating in the virtualization security market IBM, Dell, Intel Corporation, McAfee, LLC, Trend Micro, VMware, Inc., Juniper Networks, Fortinet, Inc., Sophos Ltd., Cisco Systems Inc., HP Development Company LP, Symantec Corporation, Huawei Technologies Co., Ltd., AT&T, DXC Technology Company, BT, Atos SE, Infosys Limited, Verizon, Cognizant, NTT DATA Corporation, SecureWorks, Inc., and Broadcom among others.
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