Europe Data Center Virtualization Market Size & Outlook

The data center virtualization market in Europe is expected to reach a projected revenue of US$ 4,629.8 million by 2030. A compound annual growth rate of 14.3% is expected of Europe data center virtualization market from 2023 to 2030.
Revenue, 2022 (US$M)
$1,584.0
Forecast, 2030 (US$M)
$4,629.8
CAGR, 2023 - 2030
14.3%
Report Coverage
Europe

Europe data center virtualization market highlights

  • The Europe data center virtualization market generated a revenue of USD 1,584.0 million in 2022.
  • The market is expected to grow at a CAGR of 14.3% from 2023 to 2030.
  • In terms of segment, software was the largest revenue generating component in 2022.
  • Service is the most lucrative component segment registering the fastest growth during the forecast period.
  • Country-wise, UK is expected to register the highest CAGR from 2023 to 2030.


Europe data book summary

Market revenue in 2022USD 1,584.0 million
Market revenue in 2030USD 4,629.8 million
Growth rate14.3% (CAGR from 2022 to 2030)
Largest segmentSoftware
Fastest growing segmentService
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSoftware, Service
Key market players worldwideCisco Systems Inc, Dell Technologies Inc Ordinary Shares - Class C, Fujitsu Ltd, HCL Technologies, Hewlett Packard Enterprise Co, Huawei Technologies, International Business Machines Corp, Microsoft Corp, Oracle Corp, VMware, AT&T, ATTO Technology, Konverge, Rahi, Veritis Group


Other key industry trends

  • In terms of revenue, Europe region accounted for 22.5% of the global data center virtualization market in 2022.
  • 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 6,429.8 million by 2030.

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Data Center Virtualization Market Companies

Name Profile # Employees HQ Website

Europe 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 78.64% in 2022. Horizon Databook has segmented the Europe data center virtualization market based on software, service covering the revenue growth of each sub-segment from 2018 to 2030.


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  • Our clientele includes a mix of data center virtualization market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe data center virtualization market , including forecasts for subscribers. This continent databook contains high-level insights into Europe data center virtualization market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe data center virtualization market size, by country, 2018-2030 (US$M)

Europe Data Center Virtualization Market Outlook Share, 2022 & 2030 (US$M)

Europe data center virtualization market size, by country, 2018-2030 (US$M)

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