Virtualization Security Market Survey, In-depth Analysis, Share, Key Findings and Company Profiles | Coronavirus Effects
Market Highlights
Market Research Future (MRFR) presumes that the
virtualization security market 2020 can touch USD 8 billion by 2023-ened. The
market can also thrive at a rate of 12% between 2017 and 2023 (evaluation
period). We will provide COVID-19 impact analysis with the report, along with
the developments post the coronavirus disease outbreak.
Key Boosters and Main Challenges
Ever since the COVID-19 outbreak and the consequent
lockdown, many industries, IT included, have had to face massive financial
loss. Along with it, the pandemic has brought a slew of data breaches and
security risks in the IT infrastructure, in light of the growing adoption of
cloud computing. With a growing number of hackers trying to procure essential
data by entering the security layers of the cloud environment, the need to
maintain a context-aware, continuous security to monitor every access into the
data center has surged exponentially, which could mean favorable prospects for
the virtualization security market. In these uncertain times, virtualization
and security have become two key trends in the ICT industry, which not only
ensure uninterrupted business but a safe one as well.
The SARS-CoV-2 outbreak has further pushed vendors to
spend massively on virtualization security, given the rising need to manage security
services. Moreover, following the rising cases of novel coronavirus, the work
from home model is being adopted by companies and remote working has become the
new norm. However, the high IT vulnerability means that the data breaches have
been rampant and the concerns with regard to data security have mounted as
well. This is where virtualization security solutions are helping employees
manage remote work while also ensuring optimum security of the network. With
the rising adoption of virtualization for security, employees are now able to
access critical applications on any device, from any location and any time.
Industry leaders are spending increasingly on research
and development to develop advanced products, which could give them major edge
over their rivals. Strategic acquisitions, mergers, affordable portfolio and
innovations are some of the top marketing hacks that are being adopted by these
players to make their presence felt worldwide. To cite a reference, Google has
added the Secure Encryption Virtualization features in their 2nd Gen EPYC
processors, which will help cloud vendors to encrypt every memory and data in a
virtual machine as per the VM level.
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Segmentation:
The
Security Virtualization market has been considered for type, services,
Infrastructure and end-users.
The
types of virtualization security are hardware, software, services and more. The
software-wise segments are security management, system & networking
management, virtual client computing software and operating system. The
services outlined in the report are consulting, support & maintenance and
Integration & design. The hardware virtualization security types are
memory, network I/O capacity and CPU.
Infrastructure-wise,
the main segments can be hypervisor, virtual switch, virtual machine, web
server, and others.
The
top end-users in the global industry are IT & telecommunication, cloud
service provider, retail, government, healthcare and more.
Regional
Insight
The
market for virtualization based security has been regionally dissected into
Europe, Asia Pacific/APAC, North America as well as RoW/rest of the world.
The
North American market for virtualization security has gained maximum prominence
around the globe, thanks to the rising popularity of identity and access
management. Also, enterprises in North America generally demonstrate compelling
growth when it comes to adopting virtualization security services and
solutions, given the massive pool of technically skilled experts as well as the
considerable IT budgets.
The
virtualization security market in Europe is advancing at the fastest rate,
since it is a highly proficient technological region, and observes high
penetration of cloud among IT organizations that are aiming for better data
security. Since Europe is home to a huge number of widely known virtualization
security vendors, the market could expect better prospects in the years ahead.
Leading
Market Vendors
The
leading market vendors considered in the MRFR study include Oracle corporation
(U.S.), Ericsson Networks (Sweden), Dell Inc. (U.S.), Juniper Networks, Inc.
(U.S.), Altor Networks (U.S.), Red Hat, Inc. (U.S.), Symantec Corp. (U.S.),
Trend Micro Inc. (Japan), Fortinet Inc. (U.S.), Sophos Ltd (U.K),
Hewlett-Packard (U.S.), Citrix Systems, Inc. (U.S.), CA Technologies (U.S.),
Intel Security Group (U.S.), VMware Inc. (U.S.), to name a few.
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Complete Report @ https://www.marketresearchfuture.com/reports/virtualization-security-market-942
Global
Virtualization Security Market Research Report: By Type (Software), Services
(Consulting), Infrastructure (Hypervisor), End-User (Government)- Forecast Till
2027
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