Virtualization software emerged with the large-scale shift to cloud computing in enterprises. Though the technology is still relatively new, it is becoming a fundamental tool for companies that need to run multiple independent operating systems (OS) to run on a single host machine as distinct independent servers. In just the past few years, The Global Virtualization Software Market has blossomed into a multi-billion dollar industry, and it’s expected to more-than-double in value by 2016, at a CAGR of 19.86 percent.
In addition to huge growth and profits, the next four years are also expected to see some major rearrangements of the market’s three key sectors:
- Client virtualization infrastructure
- Software virtualization infrastructure
- Virtualization management
As of 2012 the client virtualization infrastructure segment contributed to the majority of the market’s revenue, at close to 50%. This share size is expected to decline by almost half by 2016, pushing the server virtualization infrastructure segment to the top of the market. Meanwhile, although the virtualization management segment is currently the lowest revenue contributor, it posts the highest growth rate of the three segments at a lofty CAGR of 29.01%.
Regardless of what segment comes out on top however, the important fact is that The Global Virtualization Software Market as a whole is poised for success. Virtualization software increases system utilization and productivity for end-users, and is an attractive-perhaps even necessary-technology for almost all enterprises, regardless of industry.
Presently, one of the only major hindrances faced by vendors of virtualization software is the slow adoption because of the high investments required in order to adopt it. That said, as the technology’s benefits become more well-known, and more end-users deploy data centers, SDN solutions, and Hybrid-Cloud Computing solutions, we have no doubt that the demand for virtualization software will surge.
With that in mind, we’ll be keeping a close eye on The Global Virtualization Software Market for the next four years and we recommend that you do the same!
For more information, view our 2012-2016 report on The Global Virtualization Software Market.