Market Analysis
The global desktop hypervisor market size is predicted to touch USD 32.9 billion at a 22% CAGR between 2017- 2023 states the recent Market Research Future (MRFR) analysis. Desktop hypervisor, simply put, is a form of software which, when directly installed to the hardware of the computer, simplifies various operational facets of multiple operating systems. It works wonders to ease the integration of cloud technology. It is widely used in retail, education, automotive, BFSI, healthcare, government, and other sectors.
Various factors are propelling the global Desktop Hypervisor Market Trends. As per the current MRFR report, such factors include escalating ICT expenditure worldwide, booming consumer electronics industry, growing dependence on various software-enabled technologies, rising focus on the progress of new products, high competition among leading players, increasing digitalization of processes, and growing need for data security. Additional factors adding market growth include competition in the IT space, availability of different applications, and upheaval in different desktop hypervisor technologies with the launch of different virtual machines.
On the contrary, various growth prospects, computational cost, infrastructure constraints, and the COVID-19 impact are factors that may limit the global desktop hypervisor market growth over the forecast period.
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Top Driving Factors
The worldwide ICT expenditure has been escalating remarkably, attributable to the factors such as flourishing consumer electronics industry and rising dependence on software-enabled technologies. Growing at a healthy rate of knots, the global desktop hypervisor market will surpass its latest valuation post novel coronavirus pandemic.
The global desktop hypervisor market is anticipated to observe a capable escalation in the next few years. The mounting level of competition among the leading players and the increasing focus on the progress of new products is possible to offer promising growth opportunities throughout the forecast period.
The factors causative to the expansion of the desktop hypervisor market are augmented digitization of processes, rising need for data security, availability of various applications, rising competition in the IT space, which in turn results in cost cuts and ever more mobile workforce. The upheaval in various desktop hypervisor technologies with the introduction of various virtual machines is assisting the market is expanding at a rapid rate.
In fact, some of the renowned players continue to target software components to secure surged profits for contending in the embedded hypervisor market landscape. Nevertheless, services – professional services and managed services are poised to witness staggering growth in the near term. Despite the mounting popularity of embedded hypervisor services, market players continue to glean bigger margins from software components.
On the contrary, some factors, such as infrastructure constraints, computational cost, and various growth prospects, are hindering the development of the desktop hypervisor market. Furthermore, mounting investments in the desktop hypervisor market and swelling opportunities for the penetration in the healthcare industry is probable to boost the growth of the desktop hypervisor market over the forecast period, 2017-2023.
Segmentation of Market
The global desktop hypervisor market amid the study of COVID-19 can be bifurcated as technology, organization size, and end-users.
In terms of technology segment, the market has included hosted shared desktop, hosted virtual desktop, hosted virtual desktop and virtual desktop infrastructure. Among these, the virtual desktop infrastructure segment might expand at a steady rate majorly owing to new software licenses, diminishing cost of ownership, and the rising popularity of the support-service-based business models. On the other side, the hosted virtual desktop segment might also grow at a fast pace over the forecast period, 2017-2023.
In terms of organization size segment, the market has included SMEs and large.
In terms of end-users, the market has included healthcare, government, automobile, BFSI, retail, education, and others.
Regional Front
Regionally, North America scored the largest market share of the market, mainly from countries such as the U.S. and Canada. The reason is attributed to the increasing demand for escalating R&D and high-end technology solutions and escalating usage of virtual machines in the retail and healthcare sector.
Global Desktop Hypervisor market in the European region is anticipated to expand at a substantial CAGR during the forecasted period owing to rapidly increasing R&D prevailing in this region.
The Asia Pacific market for the desktop hypervisor market is expected to grow at a considerable CAGR (2016-2023) as the growing usage of virtual machines in the retail and healthcare sector. Also, the presence of a large number of manufacturers and the increasing growth of automotive industries has crucial reasons for the market’s growth in the APAC region.
Key Players
Leading desktop hypervisor market vendors profiled in the global desktop hypervisor market report include Red Hat, Inc (U.S.), Dell Technologies (U.S.), Sierraware LLC (U.S.), Moka5 (U.S.), Cisco Systems Inc (U.S.), IBM Corporation (U.S.), NComputing Co. LTD (U.S.), Oracle Corporation (U.S.), and Microsoft Corporation (U.S.).
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Desktop Hypervisor Market Research Report: Information by Technology (Hall Effect, Magneto Resistive, Variable Reluctance), By Application (Automotive, Industrial, Aerospace & Defense, Consumer Electronics) and Region (North America, Europe, Asia-Pacific, Middle East & Africa, and South America)—Forecast till 2030
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