Server Virtualization Software Market - Global Trajectory & Analytics to 2027 - ResearchAndMarkets.com
Summary
Digital technologies provide productivity, security, efficiency, agility, workforce re-skilling, and customer experience advantages, all of which are vital during times of crisis like the current pandemic. Given the positive long term outlook and encouraging flow of investments despite the current COVID-19 induced difficult economic conditions, virtualization market offers tremendous opportunities for vendors seeking to establish their presence in this domain. However, growth in the short to medium term period is expected to stem largely from software-defined storage, as well as from network function virtualization markets. The increasing realization across organizations about advantages of consolidation of various physical servers onto a single virtual machine or VM enabled VMware, the pioneer, to exhibit phenomenal gains. In addition, proliferation of latest technologies including OS container-based virtualization and cloud computing is expected to further bolster the market growth.