Virtual machine market set to reach USD 35.37 billion by 2032 with growing demand

From GlobeNewswire: 2025-05-15 10:05:00

The Virtual Machine Market was valued at USD 10.43 Billion in 2023, projected to reach USD 35.37 Billion by 2032 with a CAGR of 14.6%. Major players include Amazon, Citrix, Microsoft, VMware, and others. The US VM Market was USD 2.61 Billion in 2023, expected to reach USD 8.09 Billion by 2032.

System VMs lead the market with 64% share, while Process VMs are set to grow at a 15.6% CAGR. BFSI sector leads with a 29% share in 2023, with the Government sector expected to grow the fastest. North America holds a 38% share in 2023, while Asia Pacific is the fastest-growing region at a 15.7% CAGR.

Cloud-driven demand is accelerating the expansion of the Virtual Machine Market, focusing on flexibility and cost efficiency. VMs are widely used for simplifying infrastructure management, improving scalability, and operating efficiency. Advancements in hypervisor technology and the adoption of hybrid and multi-cloud solutions are driving market growth. Microsoft announced new VMs and improved technologies for its Azure Cloud platform in November 2024 to meet the demands of AI workloads. SNS Insider is a market research agency providing insights on virtualization solutions, including a consume-what-you-need model. The company aims to help clients navigate changing market conditions with accurate data and analysis.



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