North America Application Virtualization Market Size & Outlook
North America application virtualization market, 2018-2030 (US$M)
North America application virtualization market highlights
- The North America application virtualization market generated a revenue of USD 1,233.6 million in 2023.
- The market is expected to grow at a CAGR of 12.2% from 2024 to 2030.
- In terms of segment, solution was the largest revenue generating component in 2023.
- Solution is the most lucrative component segment registering the fastest growth during the forecast period.
North America data book summary
| Market revenue in 2023 | USD 1,233.6 million |
| Market revenue in 2030 | USD 2,755.5 million |
| Growth rate | 12.2% (CAGR from 2023 to 2030) |
| Largest segment | Solution |
| Fastest growing segment | Solution |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solution |
| Key market players worldwide | Citrix Systems Italia S.r.L., Alphabet Inc Class A, Hewlett Packard Enterprise Co, Microsoft Corp, NextAxiom, Oracle Corp, Red Hat, Sangfor Technologies, Symantec, VMware |
Other key industry trends
- In terms of revenue, North America region accounted for 36.0% of the global application virtualization market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,268.2 million by 2030.
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Application Virtualization Market Scope
Application Virtualization Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America application virtualization market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to application virtualization market will help companies and investors design strategic landscapes.
Solution was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the North America application virtualization market based on solution covering the revenue growth of each sub-segment from 2018 to 2030.
The application virtualization market in North America held the share of 36.0% in 2023 due to the growing adoption of application virtualization among small and medium-sized enterprises (SMEs). These businesses are increasingly leveraging virtualization to reduce costs associated with application installation and maintenance.
By centralizing applications on a single server, SMEs can improve operational efficiency, enhance employee productivity, and ensure business continuity without the burden of extensive IT infrastructure investments.
The application virtualization market in the U.S. is expected to grow significantly from 2024 to 2030. With increasing concerns about cyber threats and stringent data protection regulations such as GDPR, CCPA, and HIPAA, organizations are prioritizing robust security measures.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America application virtualization market , including forecasts for subscribers. This continent databook contains high-level insights into North America application virtualization market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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