A recent Future Market Insights research estimates that the Virtualization Security Market will generate US$ 1.7 billion in revenues in 2021 and will expand at a CAGR of 14.1% from 2022 to 2032. The market is anticipated to reach US$ 7.6 billion worth by the end of 2032. In 2022, the market is projected to generate $2 billion in revenue.
Companies are seeking to change their business practices in order to fully utilize digital capabilities in competitive business contexts. One of the main factors fueling the market growth is the transition of companies to virtual infrastructure. In a short period of time, virtualization appears to have a considerable impact on the networking and information technology industries, leading to significant cost savings as well.
As a result of their capacity to deliver high-quality monitoring with minimal distortion, security systems are growing in popularity. Because they provide high-quality, distortion-free observation, security systems are growing in popularity. Market growth will be exacerbated by product manufacturers’ increasing emphasis on the deployment of advanced safety technologies, particularly in emerging economies, as well as by an increase in identity fraud cases and the growth of the IT sector in developing nations like China and India.
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Businesses face a variety of security and integration issues as they migrate to the virtual environment to modernise their outdated infrastructures. These issues can have an impact on system or server performance as well as costs. When software applications are moved to the wrong virtual environment, it leads to either worse software performance or higher corporate costs depending on how well-equipped the environment is.
Competitive Landscape
The leading players in the global Virtualization Security market include Oracle Corporation, Ericsson Networks, Dell Inc., Juniper Networks, Inc., Altor Networks, Red Hat, Inc., Symantec Corp., Trend Micro Inc., Fortinet Inc., Sophos Ltd, Hewlett-Packard, and Citrix Systems.
- In February 2020, Sophos, a developer of next-generation cybersecurity solutions announced a new “Xstream” architecture for the Sophos XG Firewall that features high-performance TLS traffic decryption capabilities. Due to the efficiency and complexity considerations, security teams typically ignore a substantial security risk connected with encrypted network traffic.
- In January 2021, Optum and Change Healthcare, a provider of healthcare technology, announced a partnership. Under this alliance, Change Healthcare would take part in Optum Insight’s data analytics and software services, technology-based services, medical research, and revenue cycle management services to bolster Optum’s Virtualization Security portfolio.
More Insights Available
Future Market Insights, in its new offering, presents an unbiased analysis of the Virtualization Security Market, presenting historical market data (2015-2021) and forecast statistics for the period of 2022-2032.
The study reveals extensive growth in the Virtualization Security Market in terms of Component (Solution and Services), Deployment (On-Premise and Cloud), By Organization Size (SMEs, Large Enterprises), and End Use (Services and Enterprises), across five regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa).
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Market Segments Covered in Virtualization Security Market Analysis
By Component:
- Solutions
- Services
By Deployment:
- On-Premises
- Cloud
By Organization Size:
- SMEs
- Large Enterprises
By End- Use:
- Service Providers
- Enterprises
By Region:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
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Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10 years.
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