Middle East & Africa Virtual Machine Market Size & Outlook
Middle East & Africa virtual machine market, 2017-2030 (US$M)
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MEA virtual machine market highlights
- The MEA virtual machine market generated a revenue of USD 805.6 million in 2023.
- The market is expected to grow at a CAGR of 15.8% from 2024 to 2030.
- In terms of segment, system virtual machine was the largest revenue generating type in 2023.
- Process Virtual Machine is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, UAE is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 805.6 million |
| Market revenue in 2030 | USD 2,244.1 million |
| Growth rate | 15.8% (CAGR from 2023 to 2030) |
| Largest segment | System virtual machine |
| Fastest growing segment | Process Virtual Machine |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | System Virtual Machine, Process Virtual Machine |
| Key market players worldwide | Amazon.com Inc, Hewlett Packard Enterprise Co, International Business Machines Corp, Microsoft Corp, Oracle Corp, Citrix Systems Italia S.r.L., Huawei Technologies, VMware, Corel Corporation, Red Hat |
Other key industry trends
- In terms of revenue, MEA region accounted for 7.1% of the global virtual machine 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 9,283.7 million by 2030.
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Virtual Machine Market Scope
Virtual Machine Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa 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 63.8% in 2023. Horizon Databook has segmented the Middle East & Africa virtual machine market based on system virtual machine, process virtual machine covering the revenue growth of each sub-segment from 2017 to 2030.
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Target buyers of Middle East & Africa virtual machine market databook
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Our clientele includes a mix of virtual machine market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa virtual machine market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa virtual machine market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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MEA virtual machine market size, by country, 2017-2030 (US$M)
Middle East & Africa Virtual Machine Market Outlook Share, 2023 & 2030 (US$M)
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