United States Virtualization Security Market to be Dominated by the BFSI Sector in the Forecast Period
Adoption of cloud-based technologies by
companies and growing cybercrime to drive the United States Virtualization
Security Market.
According to TechSci Research report, “United
States Virtualization Security Market – By Region, Competition Forecast &
Opportunities, 2028F,” the
United States Virtualization Security Market is anticipated to register a high
CAGR in the forecast period. As organizations become more aware of the dangers
associated with virtualization, they are progressively investing in
virtualization security solutions. This is assisting in protecting
organizations from cyber threats and safeguarding their data. For instance, a
recent survey by the Cloud Security Alliance found that 75% of organizations
have implemented virtualization security solutions. This is up from 65% in
2019. Overall, the US virtualization security market is driven by various
factors that are contributing to the growth of the market during the forecast
period.
Browse over xx market data Figures
spread through xx Pages and an in-depth TOC on “United States Virtualization Security Market.”
The United States
Virtualization Security market is divided into type, component, deployment, type
of virtual infrastructure, end user, region, and competitive landscape. Based on
Type, the market is segmented into hardware virtualization and software
virtualization. Based on component, the market is segmented into solutions and
services. Based on Deployment, the market is segmented into on-premises and
cloud.
On the basis of Type of
Virtual Infrastructure, the market is segmented into Hypervisor, Virtual
Machines, Web Servers, and Other. The dominating segment in the United States
virtualization security market is Hypervisor. Hypervisors are software that
allows multiple virtual machines to run on a single physical server. They are a
critical component of virtualized environments, and are a major target for
cyber attackers. They allow multiple virtual machines to run on a single
physical server, which can improve efficiency and agility. In addition, the
adoption of virtualization technologies is growing rapidly. This is leading to
an increase in the number of hypervisors in use, which is increasing the risk
of hypervisor-based attacks.
Based on End User, the market
is segmented into IT and Telecom, Cloud Service Providers, Data Centers, BFSI,
Healthcare, Government, and Other End-users. The BFSI Sector is expected to
dominate the United States Virtualization Security Market. Virtualization
concepts are no stranger to the BFSI sector, which has already started
leveraging its benefits to address critical IT needs such as centralized
security, improved mobility and infrastructure disaster recovery. Technology
giants such as Microsoft's NVv4 solutions for Microsoft Azure can expand BFSI
use cases and opportunities to use virtual machines to support financial
operations.
Based on region the market is segmented
into West, Midwest, Northeast, and South. The Southern region of the United
States stands out as a growing area for virtualization innovations. This can be
attributed to several factors, including a high concentration of businesses
seeking to enhance their efficiency and agility. The importance of
virtualization security is well understood by businesses in the South, driven
by the increasing number of cyber threats targeting virtualized environments
and the availability of advanced security solutions. As a result, the South
region dominates the virtualization security market in the United States, and
its significant contribution to revenue is expected to continue in the future.
Key market players in the United States
Virtualization Security Market include:
- VMware Inc
- Trend Micro Incorporated
- Cisco Systems, Inc
- Juniper Networks, Inc
- Sophos Ltd
- IBM Corporation
- Centrify Corporation
- HyTrust Inc
- Check Point Software Technologies Ltd
- Fortinet, Inc
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“The United States stands as one of the
leading nations in the adoption of cloud computing and virtualization
technologies. Cloud computing providers have made significant contributions to
bolstering security measures, ensuring the protection of client data. As a
result, cloud computing and virtualization have emerged as more secure options
for businesses compared to traditional on-premises IT infrastructures. This not
only enables cost savings on equipment and software expenses but also
facilitates easier scalability of IT infrastructure as needed. Consequently,
the United States Virtualization Security Market is projected to experience
growth during the forecast period,” according to Mr. Karan Chechi, Research
Director at TechSci Research, a research-based global management consulting
firm.
“United States Virtualization Security
Market By Type (Hardware Virtualization and Software Virtualization), By Component
(Solutions and Services), By Deployment (On-Premises and Cloud), By Type of
Virtual Infrastructure (Hypervisor, Virtual Machines, Web Servers, and Other),
By End User (IT and Telecom, Cloud Service Providers, Data Centers, BFSI,
Healthcare, Government, and Other End-users), By Region, Competition Forecast
and Opportunities, 2028,” has
evaluated the future growth potential of United States Virtualization Security
Market and provides statistics and information on market structure, size,
share, and future growth. The report is intended to provide cutting-edge market
intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities present in the United States
Virtualization Security Market.
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