Global Data Center Virtualization Market Size & Outlook

The global data center virtualization market size was estimated at USD 9,081.4 million in 2024 and is projected to reach USD 48,316.2 million by 2033, growing at a CAGR of 21.1% from 2025 to 2033.
Revenue, 2024 (US$M)
$9,081.4
Forecast, 2033 (US$M)
$48,316.2
CAGR, 2025 - 2033
21.1%
Report Coverage
Worldwide

Global data center virtualization market, 2021-2033 (US$M)

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Global data center virtualization market highlights

  • The global data center virtualization market generated a revenue of USD 9,081.4 million in 2024 and is expected to reach USD 48,316.2 million by 2033.
  • The market is expected to grow at a CAGR (2025 - 2033) of 21.1% by 2033.
  • In terms of segment, software accounted for a revenue of USD 8,216.5 million in 2024.
  • Service is the most lucrative component segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2024.
  • Country-wise, India is expected to register the highest CAGR from 2025 to 2033.

Global data book summary

Market revenue in 2024USD 9,081.4 million
Market revenue in 2033USD 48,316.2 million
Growth rate21.1% (CAGR from 2025 to 2033)
Largest segmentSoftware
Fastest growing segmentService
Historical data covered2021 - 2023
Base year for estimation2024
Forecast period covered2025 - 2033
Quantitative unitsRevenue in USD million
Market segmentationService, Software

Other key industry trends

  • In terms of revenue, the North America accounted for 45.1% of the global data center virtualization market in 2024.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2033.
  • By country, India is the fastest growing regional market and is projected to reach USD 3,294.6 million by 2033.

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Data Center Virtualization Market Companies

Name Profile # Employees HQ Website
Veritis Group View profile 101-250 Irving, Texas, United States, North America https://www.veritis.com
Rahi View profile 1001-5000 Fremont, California, United States, North America https://rahi.io/
Konverge View profile 11-50 Toronto, Ontario, Canada, North America https://www.konverge.com/
ATTO Technology View profile 51-100 Amherst, New York, United States, North America https://www.atto.com
AT&T View profile 10001+ Dallas, Texas, United States, North America https://www.att.com
Huawei Technologies View profile 10001+ Shenzhen, Guangdong, China, Asia http://huawei.com
HCL Technologies View profile 10001+ Noida, Uttar Pradesh, India, Asia http://www.hcltech.com
VMware View profile 10001+ Palo Alto, California, United States, North America https://www.vmware.com
Cisco Systems Inc View profile 84900 170 West Tasman Drive, San Jose, CA, United States, 95134-1706 https://www.cisco.com
Hewlett Packard Enterprise Co View profile 62000 1701 East Mossy Oaks Road, Spring, TX, United States, 77389 https://www.hpe.com
Dell Technologies Inc Ordinary Shares - Class C View profile 120000 One Dell Way, Round Rock, TX, United States, 78682 https://www.delltechnologies.com
Microsoft Corp View profile 221000 One Microsoft Way, Redmond, WA, United States, 98052-6399 https://www.microsoft.com
International Business Machines Corp View profile 282200 One New Orchard Road, Armonk, NY, United States, 10504 http://www.ibm.com
Fujitsu Ltd View profile 124055 Shiodome City Center, 1-5-2 Higashi-Shimbashi, Minato-ku, Tokyo, Japan, 105-7123 http://www.fujitsu.com
Oracle Corp View profile 164000 2300 Oracle Way, Austin, TX, United States, 78741 https://www.oracle.com

Global data center 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 data center virtualization market will help companies and investors design strategic landscapes.


Software was the largest segment with a revenue share of 90.48% in 2024. Horizon Databook has segmented the Global data center virtualization market based on service, software covering the revenue growth of each sub-segment from 2021 to 2033.


  • Global Data Center Virtualization Component Outlook (Revenue, USD Million, 2021-2033)
    • Software
    • Service
      • Advisory & Implementation Services
      • Optimization Services
      • Managed Services
      • Technical Support Services
  • Global Data Center Virtualization Organization Size Outlook (Revenue, USD Million, 2021-2033)
    • Large Enterprises
    • Small and Medium-Sized Enterprises (SMEs)
  • Global Data Center Virtualization End Use Outlook (Revenue, USD Million, 2021-2033)
    • BFSI
    • IT & Telecommunication
    • Education
    • Healthcare
    • Government
    • Media & Entertainment
    • Manufacturing & Automotive
    • Retail & SCM
    • Others

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Horizon Databook provides a detailed overview of global-level data and insights on the Global data center virtualization market , including forecasts for subscribers. This global databook contains high-level insights into Global data center virtualization market from 2021 to 2033, including revenue numbers, major trends, and company profiles.

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Global data center virtualization market size, by regions, 2021-2033 (US$M)

Top 10 countries: Data center virtualization market size, 2024 (US$M)

Global data center virtualization market share, by component, 2024 & 2033 (%, US$M)

Data center virtualization market: Opportunity assessment by country

Global data center virtualization market, by region, 2024 (US$M)

Global data center virtualization market size, by regions, 2021-2033 (US$M)

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