July 27, 2021, 9:18 a.m. EDT

Virtualization Security Market Size, Share, Developments Status, Trends and Key Players Analysis, Forecast 2027

Global Virtualization Security Market Research Report: By Type (Software), Services (Consulting), Infrastructure (Hypervisor), End-User (Government)- Forecast Till 2027

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Jul 27, 2021 (Heraldkeepers) -- Virtualization Security Market to Touch USD 8 Billion at 12% CAGR by 2027

Rapid Rise in Cyber-Attacks to Boost Virtualization Security Market Growth

North America to Remain Domineer in Virtualization Security Market

Virtualization Security Market Analysis/Virtualization Security Market Scenario

The global virtualization security market size will touch USD 8 billion at a 12% CAGR during the forecast period 2020- 2027, states the latest Market Research Future's (MRFR) virtualization security market forecast. Virtualization security, put simply, is a collection of procedures, device management techniques, and controls that ensure utmost security to counter cyber-attacks.

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Various factors are fuelling the global virtualization security market growth. As per the recent MRFR

market estimates, such factors include the growing need for managed security services among various organizations and businesses, rapid rise in cyber-attacks, the growth of digital and software industry, increasing awareness about the various benefits of virtualization security, and different virtualization security policies, and favorable virtualization security solutions. Besides, the inclination towards virtualized infrastructure among enterprises is amongst the latest virtualization security market upcoming trends.

On the contrary, complexities associated with installation and management, drawbacks of virtualization, shortage of trained professionals, and lack of familiarity of the virtual security, may impede the global virtualization security industry growth over the forecast period.

COVID-19 Impact on the Virtualization Security Market

Fortunately, the global virtualization security market has not faced the brunt of the COVID-19 pandemic. The key factors boosting the market growth is the burgeoning need for cloud computing technology particularly in the healthcare domain for analyzing patients' data. Besides, virtualization security applications are helping to make remote work more manageable and thus ensuring the security of the network and data.

Market Segmentation

The MRFR report throws light on an inclusive segmental analysis of the global virtualization security market based on type, services, end users, and infrastructure.

By type, the global virtualization security market is segmented into software and hardware. The hardware segment is again segmented into networking. The software segment is again segmented into virtual client computing software, operating system, security management, and system and networking management.

By services, the global virtualization security market is segmented into support and maintenance, consulting, integration and design, and others.

By end users, the global virtualization security market is segmented into large enterprises, government (BFSI), healthcare and retail, telecommunication, IT, cloud service provider, and others.

By infrastructure, the global virtualization security market is segmented into virtual machine, web server, hypervisor, and virtual switch.

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