Application Virtualization Market Size, Share, Growth Report 2032

Application Virtualization Market

Application Virtualization Market By Type (Remote Application Virtualization And Streaming Application Virtualization), By Solutions (Agent Based Solution And Agent Less Solution), By Component (Solution And Services), By Deployment (Private Cloud, Public Cloud And Hybrid Cloud), By Services (Support And Maintenance, Training And Consulting), By Organization Size (Small And Medium-Sized Enterprises And Large Enterprises) By Vertical (Banking, Financial Services, And Insurance, It And Telecom, Healthcare, Education, Government And Defense, Construction And Others) And By Region: Global Industry Perspective, Comprehensive Analysis And Forecast, 2020 – 2028.

Category: Technology & Media Report Format : PDF Pages: 178 Report Code: ZMR-1088 Published Date: Oct-2021 Status : Published

The global application virtualization market accounted for USD  2,786.2 Million in 2020 and is estimated to reach USD  7,703.6 Million by 2028.

Application Virtualization Market

Global Application Virtualization Market Overview

The global application virtualization market accounted for USD  2,786.2 Million in 2020 and is estimated to reach USD  7,703.6 Million by 2028, growing at a CAGR of 13.8% from 2021 to 2028.

Application virtualization is a technology that enables the user the access and use the application without installing it on each device. The application installed on central device or computer system is accessible to other computer by using application visualization technology. This technology is used by end-users due to better administration control, security enhancement, non-complicated migration of operating systems and reduction in administration cost. The major advantage of employing application virtualization is it allows installation and upgradation of operating systems at one location and it reduces the risk non-compatibility among applications and operating systems on other devices.

The vendors in application security market are witnessing increase in demand for on-premises subscription owing to shift in remote working from migrating workloads to clouds.

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COVID-19 Impact Analysis

The Covid-19 pandemic have impacted the corporate work environment. The businesses and enterprises across the globe have adapted themselves for the mixed working styles. The pandemic has caused a rapid shift towards remote working due to stringent lockdown implantation and to avoid spread of Covid-19. This has led to an increase in demand for the demand for application virtualization. The application virtualization technology was increasing adopted by business and enterprises to ensure uninterrupted working of business in the Covid-19 pandemic. The emerging trend of BYOD (Bring Your Own Device) among business is contributing to the need for application virtualization. The majority of application virtualization customers had expanded their application virtualization subscription to on-premises level. The market players in application virtualization are had witnessed shift towards software-based solutions instead of hardware owing to urgent need for remote working infrastructure. The rising awareness for the hybrid work style benefits has estimated to drive the market demand for application virtualization.

Growth Factors

The application virtualization is emerging as a latest technology trend. The major factors driving the demand for application virtualization are rising need of solution for long and complicated application installation process and increasing need for easy administration control. The use of application virtualization allows administrator, a simplified control over to allow or deny other users from accessing the application. The technological advancements in IT industry are leading to deployment of cloud-based technology and other internet based computing platforms, these factors are propelling the demand for the application virtualization market. The minimized cost associated with installing application on single centralized computer only is driving the market demand. The user-friendly application of the technology and increased productivity is also contributing the market demand. The rising adoption of application virtualization by small and medium sized enterprises and new business start-ups in order to reduce the cost of new office setup and easy transfer of technology in the business environment is driving the market growth.

Report Scope :

 

Deployment Mode Segment Analysis Preview

Private Clouds segment held a share of around 38.01% in 2020. This is attributable to improved security of data. The business organizations and enterprises deal with great amount of confidential data which require highly secure platform for storage and application. The application virtualization technology operates on company’s private internet which reduces the risk of data breach and ensure safety of the confidential data. Additionally, the advance customizations availability in private according to company’s technical setup and workflow is propelling the demand for the private louds segment. The availability and deployment of private clouds in any geographical location across the globe is contributing to the demand for private clouds. The private clouds have better compliance with the national and international laws for data safety. The deployment of hybrid clouds provides option for migrating toward hybrid cloud, this feasibility is also leading to increase in adoption of private clouds by enterprises.

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Size of Organization Segment Analysis Preview

Small and medium size enterprises segment will grow at a CAGR of over 14.1% from 2021 to 2028. This is attributable to reduced cost for application utilization, ensure business continuity and make the operation more effective. The IT budgets of small enterprises remain under pressure due to their higher cost. The use of application virtualization enables the enterprises to reduce the cost of installing and maintaining applications on multiple devices. This enables the small and medium enterprises to improve the employee productivity and business responsiveness. The application virtualization allows to store multiple applications on single server thereby reducing the need for more servers. Virtualization helps companies achieve faster and easier backup and recovery of key application workloads and data. The rising focus of small and medium sized enterprises for data security is leading to increase in adoption of application virtualization owing to enhanced administration control over application usage.

Regional Analysis Preview

The North America region held a share of 37.56% in 2020. This is attributable to the presence of key market player like Microsoft, Google, Dell, Citrix Systems and more in the region. The presence of developed IT infrastructure and large number IT companies is driving the demand for the application virtualization in this region. Additionally, the rising technological advancements and increasing adoption of application virtualization among various business enterprises is contributing to the region growth. The growing need for solutions to improve business responsiveness and enhanced employee productivity are propelling need for application virtualization in the region. The countries like U.S. and Canada in this region are witnessing increasing digitalization among various industries leading to rise in demand for application virtualization. U.S. among other countries in the North America region is having It infrastructure with greater compliance with international and national IT laws. These factors make U.S. the dominant region the North-America market.

The Asia Pacific region is projected to grow at a CAGR of 15.7% over the forecast period. This surge is due to the increasing investments in telecom industry and increasing adoption of cloud computing by various enterprises in the region. The region is witnessing rapid surge of Internet of Things, mobile based and web-based users owing rising digitalization. The surge in technological advancements is leading to rise in demand for the application virtualization. The increasing number of small and medium sized enterprises with adoption of application virtualization is contributing for demand for application virtualization. The small and medium scale enterprises have limitations to capital expenditure, the application virtualization is the best cost-effective solution to reduce the administrative cost and enhance the productivity. The countries like Chins, India, Australia and South Korea and Japan are focusing on network development in the region, this network growth is powering the application virtualization market in the region.

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Key Market Players & Competitive Landscape

Some of key players in application virtualization  market are Microsoft Corporation, Citrix systems, Inc., Google, Dell, NComputing Inc., Symantec Corporation, Micro Focus International plc, Red Hat Inc, Sangfor Technologies and Parallels International among others.

These players are focusing on strategies like expanding their product portfolio and adoption of latest technological advancements to get the competitive advantage. Some companies are implementing mergers and acquisitions, collaborations and partnerships. The leading players are focusing on developing new and advance application virtualization solutions to satisfy the emerging demand for the application virtualization.

For Instance, In September 2021, Red Hat has announced to join with OS-C to provide technical acumen to build data commons which will provide facility of open data ingestion and improve corporate working environment.

The global application virtualization  market is segmented as follows:

By Type

  • Remote Application Virtualization
  • Streaming Application Virtualization

By Solutions

  • Agent Based Solution
  • Agent Less Solution

By Component

  • Solution
  • Services

By Deployment

  • Private Cloud
  • Public Cloud
  • Hybrid Cloud

By Services

  • Support And Maintenance
  • Training And Consulting

By Organization Size

  • Small And Medium-Sized Enterprises
  • Large Enterprises

By Vertical

  • Banking, Financial Services, And Insurance
  • It And Telecom
  • Healthcare
  • Education
  • Government And Defense
  • Construction
  • Others (Media And Entertainment, Retail, And Energy And Utilities)

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

Methodology

FrequentlyAsked Questions

The global application virtualization  market was valued at USD  2,786.2 Million in 2020.

The global application virtualization  market is expected to reach USD  7,703.6 Million by 2028, growing at a CAGR of 13.8% between 2021 to 2028.

 

Some of the key factors driving the global application virtualization  market growth are rising need of solution for long and complicated application installation process and increasing need for easy administration control.

North America region held a substantial share of the application virtualization  market in 2020. This is attributable to the presence of major players such as Microsoft, Google, Dell, Citrix Systems among others. Asia Pacific region is projected to grow at a significant rate owing to the increasing investments in telecom industry and increasing adoption of cloud computing by various enterprises in the region.

Some of the major companies operating in the application virtualization market are Microsoft Corporation, Citrix systems, Inc., Google, Dell, NComputing Inc., Symantec Corporation, Micro Focus International plc, Red Hat Inc, Sangfor Technologies and Parallels International

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