The newly released virtualization security market analysis report by Future Market Insights. With 14.3% projected growth from 2023 to 2033, the market is expected to reach USD 8,608.3 million by 2033.
The virtualization security solutions are expected to be the highest revenue-generating category, projected to register an absolute dollar opportunity of 13.7% from 2023 to 2033.
| Attributes | Details |
|---|---|
| Global Virtualization Security Market Size (2023) | USD 2,255.2 million |
| Global Virtualization Security Market CAGR (2023 to 2033) | 14.3% |
| Virtualization Security Market Size (2033) | USD 8,608.3 million |
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As per the Virtualization Security Market research by Future Market Insights - a market research and competitive intelligence provider, historically, from 2015 to 2021, the market value of the Virtualization Security Market increased by around 15.6% CAGR. With an absolute dollar opportunity of USD 5.5 Billion, the market is projected to reach a valuation of USD 7.6 Billion by 2033.
Telecom networks comprise an ever-expanding array of proprietary hardware gadgets.
Launching a new network service frequently necessitates the installation of another appliance, and securing the space and resources to accommodate these boxes, in addition to the complexities of integrating and installing such appliances in a system, is becoming increasingly challenging.
This has resulted in significant virtualization adoption rates, as well as large adoption of virtualized security solutions.
Kata Containers is a recent open-source project introduced by the OpenStack Foundation. This project is intended to be hardware neutral and to be compliant with both the Open Container Initiative (OCI) specifications and the Kubernetes container runtime interface (CRI).
Intel will provide its Intel Clear Container technologies to the new effort, and Hyper will offer its RUNV technology. The firm will provide a container service for its clients to deploy applications in a simple, quick, secure, and cost-effective manner using virtualized containers.
The rising number of server loads has created a big dilemma for businesses. The advent of virtualization simplifies the management of server load, saving the firm money and time. Virtualization causes hardware reductions, which enhances security measures since there are lesser devices and ultimately, fewer data centers enhancing the demand for virtualization security.
The organization’s focus has changed from infrastructure to technology. The business functions that firms are focusing on are the expenses associated and short-changing.
Virtualization can help organizations enhance monetary and operational efficiency by allowing businesses to allocate more resources and automate processes to maximize server usage and consolidate resource availability of dynamic resources and coordinate their management, workload separation, security, and automation.
Virtualization allows the autonomous provision of services to resource-managed on-demand virtual machines that increase in scalability as needed, depending on the specific requirements of an environment. The security requirements of enterprises and critical actors are always changing. Virtualization is assisting firms in improving their operational dynamics.
Privitar and Denodo had combined influences to bring the scope and regulatory compliance of data together. Data protection regulator Privitar has partnered with data virtualization specialist Denodo to boost Denodo's data integration and management capabilities.
The two corporations have created a joint venture in response to a significant increase in data protection laws. It is no surprise that the emergence of these limits coincides with the emergence of the AI age, in which privacy concerns are paramount.
Due to the growing concern about the risks of cyberattacks and information theft, North America held the largest revenue share. The demand for servers has grown significantly as a result of the recent expansion in Information Technology systems in the USA.
With the growing rivalry among IT organizations, there is an immediate need to modernize technology to acquire a competitive edge. Massive amounts of data have been transmitted in countries like Canada and the USA.
Organizations in the USA are looking for more cost-effective ways of storing, managing, securing, and utilizing their data, such as confidential mists or crossover mists, which combine on-premises and remote storage for better flexibility.
Sophos, a worldwide provider in next-generation cybersecurity, announced a new Xstream architecture for the Sophos XG Firewall that includes high-performance Transport Layer Security (TLS) traffic decryption functionality, removing a significant security risk involved with encrypted network activity, which is often neglected by security personnel due to performance as well as complexity considerations.
SophosLabs AI-enhanced threat analysis and improved application performance are now included in the XG Firewall. Cybercriminals are openly adopting encryption to defeat security technologies, according to SophosLabs' study.
Furthermore, several firewalls lack scaling TLS encryption capabilities, making it impossible to analyze encrypted data without breaking or degrading network performance.
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By the end of 2033, the USA is projected to account for the largest market share of USD 8,608.3 Million.
Factors such as the increased adoption of a range of security measures by enterprises to secure important data and systems are fueling industry growth. Additionally, the growth in data breaches and cybercrime instances in the country is likely to boost the market over the forecast period.
IBM recently announced that a growing network of banking firms and more than 30 new technology vendors would utilize IBM Cloud for Financial Services, notably BNP Paribas, one of Europe's key banks. The IBM Cloud-Based Guideline for Financial Services has been released, marking a key milestone in IBM's partnership with Bank of America.
The IBM Cloud Computing Policy Framework for Financial Services sets up a new generation of the cloud for businesses, with common operational parameters and a simplified compliance controls framework tailored to the financial services sector, allowing IBM's expanding financial services environment to conduct business with confidence.
The solutions segment is forecasted to grow at the highest CAGR of 13.7% from 2023 to 2033. Virtualization models may be used for a variety of purposes, each with its own set of dangers.
Cyber-attacks are one of the most common of these threats, demanding the usage of some form of security solution. Virtualization security is in high demand due to the growing use of virtualization technologies throughout the world.
Corsa Security, previously Corsa Technology, has announced the release of Corsa Red Armor, a preconfigured network monitoring virtualization solution that scales traffic inspections to 100% without compromising performance on high-capacity systems.
The solution provides software-defined network security enabling horizontal scalability of virtual security services, including firewall and SSL access capabilities, by using Corsa's unique networking knowledge and established virtualization technologies.
Without needing to replace specialized, single-purpose hardware, the key organizations and service providers may flexibly expand network security ability to meet rising bandwidth demand.
Customers may continue to use their favourite security providers since the platform is simple to implement and vendor-neutral, while the virtual servers are running behind the scenes on cutting-edge hyper-converged infrastructure that is specially tuned for extending network infrastructure.
The On-Premises segment is forecasted to grow at the highest CAGR of over 13.6% from 2023 to 2033. On-premise deployment of virtualization security is extensively used in large companies since it can be built on a company's own IT infrastructure and provides better security than cloud software. It is projected to retain its dominance in the future years.
Microsoft has launched Azure Stack HCI Solution, a new on-premises Azure offering designed exclusively for Hyper Integrated Infrastructure (HCI) technology. Azure Stack is a hosted version of Microsoft's Azure cloud service. It allows businesses to shift to an Azure platform within their organization instead of Microsoft's data centres.
To handle virtualization and administration, it employs scale-out hardware systems as well as a comprehensive software-defined platform. Since arrives with integrated, hardware and software, it is intended to simplify the complexities of deployment and ongoing management.
The leading players in the global Virtualization Security market include Oracle Corporation, Ericsson Networks, Dell Inc., Juniper Networks, Inc., Altor Networks, Red Hat, Inc., Symantec Corp., Trend Micro Inc., Fortinet Inc., Sophos Ltd, Hewlett-Packard, and Citrix Systems.
Similarly, recent developments related to companies in Virtualization Security services have been tracked by the team at Future Market Insights, which are available in the full report.
The rising adoption of modernized technologies is fueling the demand in the United States.
The global market is estimated to register a valuation of USD 2,255.2 million in 2023.
Enhancing security measures has necessitated virtualization security.
The United States hold a valuation of USD 8,608.3 million in the global market by 2033.
North America to witness a lucrative growth opportunity through 2033.
| Global Market Size (2022) | USD 5.9 Billion |
|---|---|
| Global Market Size (2032) | USD 26 Billion |
| Global Market CAGR (2022 to 2032) | 15.9% |
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