Virtualization Security Market Size - Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2024 – 2032

Virtualization Security Market Size - Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2024 – 2032

Virtualization Security Market Size

Virtualization Security Market size is projected to exhibit significant growth from 2024 to 2032, on account of the paradigm shift from in-office to remote operations, especially during the wake of the COVID-19 pandemic. This rise in remote working is boosting the desktop virtualization trends to improve the flexibility and security of both remote and office workforces.

Additionally, the burgeoning adoption of 5G and cloud infrastructure technologies will proliferate the requirement for virtualization security tools. To cite an instance, in January 2022, the European Commission, provided over USD 274.5 million in funding to boost the connectivity of 5G and Gigabit networks to contribute to digital transformation in the EU. However, the market may face growth restrictions due to evolving cyber threats, rising concerns about data privacy, and complexities in integrating security measures. Budget constraints and resistance to change may also hinder the industry expansion to some extent.

Virtualization Security Market Trends

The growing burden of cyber threats is another major factor accelerating the virtualization security industry growth. Based on study data from Positive Technologies published in 2021, in 93% of cyber-attacks on financial organizations, IT companies, and other sectors, external attackers break their network perimeter and access local network resources. In addition, the mounting acceptance of zero-trust security frameworks will augment the adoption of virtualization security in cloud computing and other digital platforms.

Virtualization Security Market Analysis

Based on deployment model, the virtualization security industry from the cloud segment is set to account considerable revenue share by 2032, given the rapid IT growth and the rising popularity of cloud computing technologies. Before the onset of the pandemic, enterprises relied heavily on hardware technologies, leading to the sluggish shift towards cloud networks. The burgeoning demand for cloud computing among enterprises to ensure cost savings is also contributing to the increasing adoption of virtualized security tools.

In terms of end users, the virtualization security market from the IT and telecom segment is set to witness high demand between 2024 and 2032. The IT and telecom sectors are increasingly leveraging virtualization to enhance operational efficiency and scalability, further surging the need for robust security solutions. The constant evolution of cyber threats is prompting continual investments in advanced security measures, propelling the market expansion.

North America virtualization security market is anticipated to hold sizable revenue share by 2032, owing to the heightened awareness of cybersecurity risks. The stringent regulatory environment and the frequent cyber-attacks coupled with the widespread adoption of cloud services and the transition to remote work will fuel the market growth.

Furthermore, leading cybersecurity providers in America are actively developing innovative solutions to address the evolving threats, driving organizations to prioritize securing their virtualized environments. For instance, Oracle Cloud Infrastructure, in July 2023, launched a new Secure Cloud Computing Architecture for the U.S. DoD (Department Of Defense) to cater to mission-critical workloads in a simpler, quicker, and more economical method.

Virtualization Security Market Share

Strategic product launches, acquisitions, collaborations, and business expansions are some of the key initiatives adopted by leading virtualization security companies to reinforce their market presence. To illustrate, VMware stands as a key market player as it offers innovative solutions to safeguard virtualized environments. Its expertise in virtualization technologies is reinforcing its pivotal role in ensuring cybersecurity.

Prominent participants operating across the virtualization security industry include-

• NetIQ (Micro Focus, The Attachmate Group)
• Apani Networks
• VMware (Dell Technologies)
• Shavlik (Ivanti)
• LogLogic (TIBCO Software)
• Trend Micro
• McAfee
• Centrify (Delinea)
• Stonesoft (Forcepoint)
• Configuresoft (Dell EMC)
• Red Cannon
• Altor
• Lancope (Cisco Systems)
• Catbird (BC Partners and Medina Capital)
• Check Point Software Technologies
• Tripwire (HelpSystems)
• Reflex Systems (StrataCloud)

Virtualization Security Industry News

• In March 2023, VMware launched VMware NSX 4.1 with new features for virtualized networking and advanced security in private, hybrid, and multi-cloud environments. This new solution allows customers to benefit from improved networking and advanced safety, increased operational efficiency and flexibility, and streamlined troubleshooting.

What Information does this report contain?

Historical data coverage 2018 to 2023; Growth Projections 2024 to 2032.

Expert analysis industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.

6-7 year performance forecasts major segments covering applications, top products and geographies.

Competitive landscape reporting market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.