According to Market Research Future analysis, the global server virtualization market was valued at USD 6,560.00 million in 2019; it is expected to reach USD 12.41 billion by 2030, recording a CAGR of 6.12% during the forecast period, 2020–2030.

VMware, Oracle, Red Hat, Citrix, and Microsoft, among others, are a few of the key players in the global server virtualization market.

MRFR analysis offers a comprehensive understanding of the market dynamics. The global server virtualization market has been analyzed based on component, deployment mode, organization size, vertical, and region.

Click Here to Get Sample Premium Report @ https://www.marketresearchfuture.com/sample_request/3981 

Based on components, the global server virtualization market has been segmented into hardware, hypervisor, and services. The hardware segment is further classified into switches and servers & storage while the services segment is sub-segmented into consulting, technology & integration, and deployment support & maintenance service. Among these, in 2019, the hardware segment accounted for the largest market share of 41.56%. The hypervisor segment is projected to record the highest CAGR during the forecast period. 

Based on organization size, the global market has been segmented into small and medium-sized enterprise (SME) and large enterprise. In 2019, the large enterprise segment accounted for the larger market share. The SME segment is projected to record the higher CAGR during the forecast period. 

Based on vertical, the global market has been segmented into BFSI, government, healthcare, IT & telecommunication, manufacturing, transportation & logistics, and others. Financial institutions usually operate on tight budgets, and the servers being part of the IT costs are a huge issue. However, server virtualization is being implemented by various banks across the globe to reduce infrastructure costs, energy consumption, and the tasks of the system administrators. The major advantage of virtualization is the opportunity to utilize a data center’s hardware efficiently. Physical servers in a data center are idle most of the time. By installing virtual servers inside the hardware, a financial institution can use its hardware more efficiently and reduce operating costs. Banks are the earliest adopters of this technology and have been implementing server virtualization for more than a decade. For instance, Axis Bank Limited has been using this technology since 2014, BancVue since 2011, and ICICI since 2008. 

Browse Full Report Details @ https://www.marketresearchfuture.com/reports/server-virtualization-market-3981 

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact: 

Market Research Future (Part of Wantstats Research and Media Private Limited)

99 Hudson Street, 5Th Floor

New York, NY 10013

United States of America

+1 628 258 0071 (US)

+44 2035 002 764 (UK)

Email: sales@marketresearchfuture.com

Website: https://www.marketresearchfuture.com