Virtual Machine Market Analysis, Growth, Trends, Forecast by 2024

Virtual Machine Market: Overview

A virtual machine is an imitation of a computer system which is capable of performing task such as running applications or programs through cloud based platform. A virtual machine acts as a host operating system created within the cloud platform that can be shared between physical computers. With the advancement in virtualization technology, virtual machines are becoming more common and are being widely used for testing out new operating system, running software designed for existing operating system and testing software on multiple platform.

A virtual machine may comprise of an operating system, virtual machine templates, assemblies, virtual disk, files and hardware that one can manage in much the same way as one manages a physical computer. Multiple virtual machine can exist within a single computer at one time. Depending upon the use and communication to any physical system, virtual machines can be categorized as process virtual machine and system virtual machine. Process virtual machine also known as application virtual machine which are used temporarily for a specific application or process. System virtual machine provides comprehensive environment which supports the execution of a complete operating system.

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Virtual machines are implemented through software emulation and hardware virtualization technique. The emulation technique help in replicating existing hardware or software in order to be used in new system. Thus, it helps in overcoming obsolescence and making the data readily available. Software emulation attempts to imitate the internal design of the end-user system, so that the files or application can be operate on the operating system other than the one on which it originally runs. A hardware virtualization refers to the creation of simulated version of computer or operating system through embedding virtual machine software into the hardware component of the end-user system.

The virtual machine is cost effective way which reduces time and hardware installation cost. It also helps the end-user to increase the size of storage and speed as per the demand on contractual basis. Virtual machine enables easy recovery of files during disaster such as earthquake and flood; since the whole system is virtually stored at an offshore location. This enables the end-user to quickly resume their work from any location and reduce economic loss.

Virtual Machine Market: Long-term Outlook

Global virtual machine market is expected to witness a tremendous growth in the coming years, since it offers several benefits in a virtualization of system, allow scalability of storage and machine as per demand and help in data backup with faster recovery. The adoption of virtual machine is anticipated to increase in information technology, retail, government and telecom sector. Virtual machine also helps end-user to monitor and manage thousands of virtual machines over a single system.

North America and Europe is expected to witness a huge adoption of virtual machine due to growing IT sector. Increasing security threats and impact of data protection regulation by various countries is expected to pose a challenge for this market. Although, increasing emphasis on cloud security is expected to overcome these challenge in the coming years.

Some of the prominent players in virtual machine market are VMware Inc., Oracle Corporation, Redhat Inc., Microsoft Corporation, Citrix systems, Inc., Amazon.com, Inc., Google Inc., Proxmox Server Solutions Gmbh and Huawei Technologies Co. Ltd.

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