Blogs
on October 4, 2023
Virtualization Security Market: Overview and Key Segments
The virtualization security market refers to the solutions and services focused on protecting virtual environments, including virtual machines, containers, hypervisors and other virtualized infrastructures. This market has seen robust growth due to the rapid adoption of virtualization across enterprises. According to MRFR The global virtualization security market is expected to grow at USD 6.25 Billion by the year 2030 at a CAGR of 14.73%.
Some of the key segments in the virtualization security market include:
- By Component: Solutions (patch management, security assessment, policy compliance) and services. Solutions account for a larger share of the market.
- By Deployment Mode: Cloud and on-premises. Cloud-based deployment is expected to grow at a higher rate.
- By Organization Size: Large enterprises and SMEs. Large enterprises dominate the market presently.
- By Verticals: Government & defense, BFSI, IT & telecom, healthcare, retail and others. BFSI was the largest vertical in 2020.
Key Players in the Virtualization Security Industry
Leading companies operating in the virtualization security market include:
- VMware
- Trend Micro
- Sophos
- HyTrust
- Juniper
- Fortinet
- Cisco
- Centrify
- Check Point
- Intel
These players are focused on offering innovative security solutions for modern virtual environments through partnerships, acquisitions and R&D initiatives.
Market Drivers
The key factors driving the growth of the virtualization security market are:
- Increased adoption of virtual applications across industries
- Rise in sophisticated cyber threats targeting virtual infrastructure
- Growing complexity due to multi-cloud deployments, hybrid IT environments
- Need for compliance with regulations
- Increased mobility and BYOD trends
In addition, the integration of technologies like artificial intelligence, machine learning, blockchain with virtualization security presents new market opportunities.
Regional Insights
North America accounted for the largest market share in 2020 due to the early adoption of virtualization and cloud computing. Asia Pacific is expected to grow at the highest CAGR in the coming years because of increasing data center virtualization in emerging economies like China and India. Europe is anticipated to grow significantly as well, driven by virtualization trends in IT, manufacturing and automotive verticals. Latin America and Middle East & Africa offer potential growth opportunities too.
Browse In-depth Market Research Report (100 Pages, Charts, Tables, Figures) on Virtualization Security Market-
https://www.marketresearchfuture.com/reports/virtualization-security-market-942
Recent Developments
Recent developments in the virtualization security market include:
- April 2022 - Trend Micro launched Cloud One - Workload Security for VMware to secure multi-cloud deployments.
- February 2022 - Fortinet unveiled new firewall virtual machines on Google Cloud to protect software-defined perimeters.
- January 2022 - Check Point launched quantum IoT protection for securing enterprise IoT devices.
- December 2021 - Sophos acquired SOC.OS to expand its adaptive cybersecurity ecosystem.
The virtualization security market outlook remains positive driven by the cloud transition and virtualization across emerging applications like IoT, 5G and embedded systems. Key players are enhancing their offerings to secure modern IT infrastructures and address evolving threats.
Related Reports
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https://www.marketresearchfuture.com/reports/freight-management-system-market-8715
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https://www.marketresearchfuture.com/reports/cas9-technology-market-2064
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https://www.marketresearchfuture.com/reports/botnet-detection-market-6477
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Posted in: Technology
Topics:
virtualization security market, virtualization security market share, virtualization security market size, virtualization security market growth, virtualization security market segments, virtualization security market swot analysis
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