Server Virtualization Market Overview:
Server Virtualization can be termed as the conversion of a physical server into a number of individual virtual spaces that can be taken up by multiple users as per their respective requirements. Conceptualized out of the need to optimize the space consolidation and optimizing server capabilities and with the intervention of cloud platforms like computing & SaaS (Software as a Service), the Server Virtualization is perfected by Screening the actual numbers and identity of physical servers through a software application.
Accrediting the potential of the Server Virtualization Market to grow & expand further in the years to come; Market Research Future (MRFR) recently published a brilliant study report giving out the complete market insights up till 2023. MRFR, in its analysis, asserts that the global Server Virtualization market will accrue approx. USD 8 Billion by 2023, registering a massive CAGR of 7% during 2017 to 2023.
Once used as a tool in testing and development environments, Server Virtualization has become one of the widest ecosystems in production servers today. Although gradually, businesses have started to move to cloud infrastructures and IaaS (Infrastructure as a Service) products, relying completely on a virtualized environment. Saving a substantial cost a physical server would demand while giving an excellent performance by building a private cloud computing environments, server virtualization has evolved significantly.
Becoming an integral part of IT companies, Server Virtualization has become mainstream in recent years and attracting several vendors to join the stream. In a nutshell, the Server Virtualization market is already caught the momentum and demonstrating significant growth prospects. The augmenting uptake and growing number of businesses provide impetus to the market growth to an extent.
In addition, factors that drive the market growth include, the software maintenance revenue coupled with the increasing adoption of on-premise server virtualization software. The proliferation of technology such as cloud computing and OS container-based virtualization is one of the key factor propelling the Server Virtualization market. The demand for hyper-converged integrated system and emergence of software-defined data center solution foster the market growth extensively.
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Major Key Players:
The Global Server Virtualization Market is driven by some of the leading players including Microsoft Corporation (US), VMware, Inc. (US), Oracle Corporation (US), Red Hat, Inc. (US), Citrix Systems, Inc. (US), Amazon.Com, Inc. (US), Google Inc. (US), Huawei Technologies Co. Ltd. (China), Odin Inc. (US), and IBM (US). Profiling them in its analysis MRFR finds out their strategies. Helping to keep them at the forefront of the market competition.
Server Virtualization Market Competitive Analysis:
The embryonic market of Server Virtualization appears to be fiercely competitive and fragmented. Several large and small key players are churning the competition to gain competitive edge accounting for a substantial market share. Collaboration, Acquisition, partnership, product/ technology launch & expansion, remain the prevailing strategies of market players.
Industry/Innovation/ Related News:
April 18, 2018 – VMware, Inc. (US) a subsidiary of Dell Technologies & leading provider of cloud computing and platform virtualization software and services announced the release of vSphere & vSAN updates (version 6.7 ), focusing on hybrid cloud management capabilities, a mix of on-premises, private cloud and public cloud services. vSphere serves as VMware’s hypervisor and virtualization management platform while vSAN serves as company’s virtual storage technology.
Server Virtualization Market Segmentation:
For the convenience of the report and enhanced understanding; MRFR analysis is segmented into 6 key dynamics
By Servers: Comprises – Hypervisors, & Virtual Private Servers.
By Services: Cloud Service Provider, Managed Service Provider, Telecom & Communication Service Provider, among others.
By Deployments: OnCloud & On-Premise.
By Types: OS-level Virtualization, Full & Para Virtualization.
By Organization Size: Small and Medium Enterprises & Large Enterprises.
By Regions: North America, Europe, APAC and Rest of the World.
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Server Virtualization Market Regional Analysis:
The North America market leads the global Server Virtualization market with the largest market share. Attributing to the wide uptake & advancement of technology coupled with the increasing investments transpired in the cloud-based solutions; the region is likely to retain its dominance over the forecast period.
While the Europe market stands the second largest market for Server Virtualization, attributing to the implementation of advanced technology in small and large enterprise especially, in the UK, Germany, France & Italy. Continuing with the same growth trends the market will register the highest CAGR in the next six years.
Whereas Asia Pacific region, emerging as the fastest growing market for Server Virtualization, is poised to account for a substantial market share in the next six years. The regional market growth attributes to the rapidly advancing countries such as China, Japan, and India coupled with the improved economy that has spurted the industrialization across the region. Presence of major server virtualization vendors present in the region along with the increasing IT infrastructure development is fuelling the regional market.
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