Publish Date: March, 2020
A virtual machine (VM) can be described as a software implementation of a computer machine. It forms a separated duplicate of a real computer and enables the users to perform operations as one executes operations on a real computer. It is a software program that is not only able to demonstrate the behavior of a separate computer, but it also performs tasks like running programs and applications on a separate computer.
These machines are used for the installation of one operating system [OS] in another OS on the same computer. These machines can be installed through firmware, hardware, software, or a combination. Organizations can have various VMs operating different OS and store all the VMs in one host machine, which can be monitored with the help of a hypervisor. Hence, with the increasing complexity of modern computing systems because of closely interacting hardware and software components, VMs are gaining increasing popularity. Virtualization plays the role of an interconnection technology, and VMs allow incompatible systems to work together.
There are various benefits associated with VMs, which are supporting the growth of the market. These machines provides software compatibility to the software that is running on it because of which, all the software for virtualized host will operate on VMs. VMs are also effective in providing isolation between different processes and operating systems due to which, the processor OS running on VMs cannot modify the processes of other Host systems and VMs. Due to the above mentioned benefit, software present on VMs can be controlled and modified. VMs are also effective in software management; for example, it can run legacy OS, complete software stack of host machine, among others.
Though various advantages of VMs would propel the market growth, risks associated with these machines may slow down the market growth. One of the mentionable risks is, with VM sprawl, the user may duplicate machines and forget about it that may result in posing security issues and vulnerability. Some of the other mentionable risks associated with VMs are threats of unauthorized access to the hypervisor, lack of control over, and visibility of virtual networks, among others.
In regards to Product Type, the System virtual machines segment is projected a considerable market share during the forecast period. There are various advantages associated with System virtual machines like in system VMs; several OS environment can operate parallelly in the same hardware in isolation from one another. It can also provide with instruction set architecture (ISA), which is a bit different from a real machine. The presence of these benefits in System virtual machines would contribute to the market share of this segment.
In context to Component, the Software segment is expected to dominate the market during the forecast period. The fact that VMs are software computers and the implementation of a computer machine can performed with the help of software would result in a high dependency of the sector on software, which would result in its high demand that would, in turn, contribute to this segment’s market share.
In regards to Application, the Large Scale enterprises segment is forecasted to dominate the market. The fact that these enterprises have more resources as compared to Small and Medium enterprises and large scale enterprises are continuously emphasizing on infrastructural development to ensure higher productivity, which would result in higher demand and application of VMs in these enterprises. However, Small and Medium enterprises [SME] segment is projected to witness a faster growth rate. Though these enterprises have limited resources as compared to Large Scale enterprises, due to increasing number of SMEs and elevating competition to sustain the competition, these enterprises remain keen to follow the industry trend, which would result in quick incorporation of VMs in their operation, contributing to the segment’s growth rate. Furthermore, limited organizational complexities make it easy for SMEs to bring quick infrastructural change that would also contribute to this segment’s growth rate.
In context to region, North America is projected to hold a significant share of the market. The fact that this region is an early adopter of cloud based technology and there is an elevating focus on cloud security and North America being an early adopter of new technologies would contribute to the dominance of the region in this market.
Various initiatives and projects undertaken by the market players would positively impact the overall market growth. One of the mentionable initiatives is new product launches. In June 2019, Aion Network, one of the mentionable market players, had launched First Blockchain Virtual Machine on Java. Such advancements by the market players would support the overall growth of the sector.
Key participants include Google, Microsoft Corporation, Oracle Corporation, Aion Network, Huawei Technologies Co. Ltd, VMware Inc., Amazon.com, Inc., Citrix systems, Inc., and Hewlett-Packard Company.
This report forecasts revenue growth at a global, regional & country level, and provides an analysis of the industry trends in each of the sub-segments from 2019 to 2027. For the purpose of this report, Reports and Data have segmented the global Virtual Machines (VMs) Market according to Component Type, Product Type, Application, and Region:
A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.
Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.
Now let’s take a closer look at the research methods here.
Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.
Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.
However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.
The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.
Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.
The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.
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