The On-Premises segment is forecasted to grow at the highest CAGR of over 13.6% during 2022-2032. On-premise deployment of virtualization security is extensively used in large companies since it can be built on a company's own IT infrastructure and provides better security than cloud software.
NEWARK, DE / ACCESSWIRE / September 8, 2022 / The Virtualization Security Market revenues were estimated at US$ 1.7 Bn in 2021 and is anticipated to grow at a CAGR of 14.1% from 2022-2032, according to a recently published Future Market Insights report. By the end of 2032, the market is expected to reach a valuation of US$ 7.6 Bn.
In competitive business environments, companies are attempting to alter their operations in order to realize their full digital capabilities. The migration of businesses to virtual infrastructure is one of the key factors driving the market growth. Virtualization seems to have a big influence on the Information Technology and networking areas in a short time, resulting in significant cost savings as well as investment returns in data centers.
Security systems are becoming increasingly popular because to their ability to provide high-quality monitoring with little distortion. Security systems are becoming more popular since they allow for high-quality, distortion-free observation.
The growing emphasis of product producers on the use of new and sophisticated safety technologies, particularly in emerging economies, as well as rising instances of identity fraud and strengthening the IT industry in developing countries such as India and China, will exacerbate market development.
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As businesses migrate to the virtual environment to upgrade their legacy infrastructures, they confront a slew of security and integration challenges that can impact system or server performance as well as expenses. When software applications are migrated to the incorrect virtual environment, it results in poorer software performance if the environment is under-equipped or increased corporate expenses if the environment is over-equipped.
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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About ICTDivision at Future Market Insights
Future Market Insights' highly educated Information Technology and networking team provides insightful research, real-time insights, and effective suggestions to customers all over the world with their relevant business intelligence requirements.
For over a decade, the team successfully examined the ICT business throughout 50+ nations, with a repertory of over thousand studies and 1 million-plus data points. The group offers unrivalled end-to-end research and advisory expertise. Please contact us to see how we can assist you.
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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Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Summary of Statistics
1.3. Key Market Characteristics & Attributes
1.4. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage
2.2. Market Definition
3. Market Risks and Trends Assessment
3.1. Risk Assessment
3.1.1. COVID-19 Crisis and Impact on Virtualization Security Market
3.1.2. COVID-19 Impact Benchmark with Previous Crisis
3.1.3. Impact on Market Value (US$ Mn)
3.1.4. Assessment by Key Countries
3.1.5. Assessment by Key Market Segments
3.1.6. Action Points and Recommendation for Suppliers
3.2. Key Trends Impacting the Market
3.3. Formulation and Product Development Trends
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