Global Virtual Machine Market Size & Outlook, 2023-2030

The virtual machine industry worldwide is expected to reach a projected revenue of US$ 30,122.3 million by 2030. A compound annual growth rate of 15.1% is expected of the worldwide virtual machine industry from 2024 to 2030.
Revenue, 2023 (US$M)
$11,277.6
Forecast, 2030 (US$M)
$30,122.3
CAGR, 2024 - 2030
15.1%
Report Coverage
Worldwide

Global virtual machine market highlights

  • The global virtual machine market generated a revenue of USD 11,277.6 million in 2023 and is expected to reach USD 30,122.3 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 15.1% by 2030.
  • In terms of segment, system virtual machine accounted for a revenue of USD 7,243.0 million in 2023.
  • Process Virtual Machine is the most lucrative type segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.
  • Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 11,277.6 million
Market revenue in 2030USD 30,122.3 million
Growth rate15.1% (CAGR from 2023 to 2030)
Largest segmentSystem virtual machine
Fastest growing segmentProcess Virtual Machine
Historical data covered2017 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSystem Virtual Machine, Process Virtual Machine

Other key industry trends

  • In terms of revenue, the North America accounted for 35.5% of the global virtual machine market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, U.S. is the fastest growing regional market and is projected to reach USD 7,548.3 million by 2030.

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Virtual Machine Market Companies

Name Profile # Employees HQ Website

Global virtual machine 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 virtual machine market will help companies and investors design strategic landscapes.


System virtual machine was the largest segment with a revenue share of 64.22% in 2023. Horizon Databook has segmented the Global virtual machine market based on system virtual machine, process virtual machine covering the revenue growth of each sub-segment from 2017 to 2030.


  • Global Virtual Machine Type Outlook (Revenue, USD Million, 2017-2030)
    • System Virtual Machine
    • Process Virtual Machine
  • Global Virtual Machine Organization Size Outlook (Revenue, USD Million, 2017-2030)
    • Large Enterprises
    • SMEs
  • Global Virtual Machine Vertical Outlook (Revenue, USD Million, 2017-2030)
    • BFSIs
    • IT & Telecommunication
    • Government & Public Sector
    • Healthcare
    • Manufacturing
    • Others

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Horizon Databook provides a detailed overview of global-level data and insights on the Global virtual machine market , including forecasts for subscribers. This global databook contains high-level insights into Global virtual machine market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Global virtual machine market size, by regions, 2017-2030 (US$M)

Top 10 countries: Virtual machine market size, 2023 (US$M)

Global virtual machine market share, by type, 2023 & 2030 (%, US$M)

Virtual machine market: Opportunity assessment by country

Global virtual machine market, by region, 2023 (US$M)

Global virtual machine market size, by regions, 2017-2030 (US$M)

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