Market Scenario
Companies such as Trend Micro Inc. (Japan), Symantec Corp. (U.S.), VMware Inc. (U.S.), Fortinet Inc. (U.S.), Hewlett-Packard (U.S.), Dell Inc. (U.S.), Ericsson Networks (Sweden), Intel Security Group (U.S.), are the leading providers of virtualization security solution in the global market. On June 2016, Cisco System Inc. announced their new platform Cisco tetration analytics, which is been designed to help customers for gaining visibility over data centers in real time. The device collects telemetry information from hardware and software sensors and conducts analysis with the help of advanced machine learning techniques. Prominent companies are investing in Virtualization Security Market due to growing demand for managed security services among organization which is propelling the virtualization security market growth.
The growing demand for cloud computing is one of the main driving factors of the virtualization security market growth. On December 16, 2015, Trend Micro Incorporated innovated and reinforces cloud security for better performance in the cloud sector. This is an innovative approach to security technology and service towards cloud security in the organization. The emergence of the internet of things is boosting the virtualization security market growth to the large extent. In June 2016, Oracle has announced its new development SPARC platform, which is designed to bring security, efficiency, and simplicity on a cloud platform. With the help of this platform, it improves on cloud computing delivery in business applications. This platform includes new cloud services, engineered systems, and servers.
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Virtualization Security Market Segmentation:
The global virtualization security market is segmented into type, services, Infrastructure, end-users, and region. The type is sub-segmented into hardware, software, and others. Furthermore, the software is sub-segmented into system & networking management, security management, operating system, and virtual client computing software. The services segment is sub-segmented into Integration & design, consulting, and support & maintenance. The Infrastructure segment is sub-segmented into a virtual switch, hypervisor, web server, virtual machine and others. The end-users segment is sub-segmented into cloud service provider, IT & telecommunication, healthcare & retail, government, and others. The global market is spanned across North America, Europe, Asia Pacific, and rest of the world.
The global virtualization security market is expected to grow at USD ~8 billion by the year 2023 at a CAGR of ~12%.
Key Players:
Some of the prominent players in the global virtualization security market are Altor Networks (U.S.), Trend Micro Inc. (Japan), Symantec Corp. (U.S.), VMware Inc. (U.S.), Fortinet Inc. (U.S.), Hewlett-Packard (U.S.), Dell Inc. (U.S.), Ericsson Networks (Sweden), Intel Security Group (U.S.), CA Technologies (U.S.), Juniper Networks, Inc. (U.S.), Sophos Ltd (U.K), Red Hat, Inc. (U.S.), Citrix Systems, Inc. (U.S.) and Oracle corporation (U.S.) among others.
Regional Analysis:
The global virtualization security market is studied for the Asia Pacific (China, Japan, and India), North America (the U.S., Mexico, and Canada), Europe (the U.K, Germany), and Rest of the World. In North America, the virtualization security market is gaining the highest market growth due to the increasing demand for identity and access management, which is propelling the virtualization security market growth. Whereas, European countries are emerging as virtualization security markets due to the high trend of server virtualization and are expected to grow at the highest CAGR over the review period. Asia Pacific countries such as China, Japan, and India, are some of the leading regions in the globe in terms of market share.
Competitive Analysis:
The global virtualization security market appears to be extremely competitive. In order to target, segment and position their sensors into the global market and to drive the market growth, the companies has to come up with the advanced technological solution to maintain themselves into competitive landscape. Market leaders are investing into research and development for innovating their products continuously and increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, and cost-effective product portfolio.
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Intended Audience
- Virtualization security companies
- Virtualization security providers
- Technical universities
- System integrators
- Managed Security Service Providers
- Professional service providers
- Research and development companies
- Market research and consulting firms
- Solution providers
- Technology standards organizations
- Technology investors
- System Integrators
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