North America Virtual Machine Market Size & Outlook
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North America virtual machine market highlights
- The North America virtual machine market generated a revenue of USD 4,008.5 million in 2023.
- The market is expected to grow at a CAGR of 13.5% 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, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 4,008.5 million |
| Market revenue in 2030 | USD 9,753.6 million |
| Growth rate | 13.5% (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, North America region accounted for 35.5% 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 |
|---|---|---|---|---|
| Corel Corporation | View profile | - | - | |
| Citrix Systems Italia S.r.L. | View profile | 5001-10000 | Milan, Lombardia, Italy, Europe | https://www.citrix.it |
| Red Hat | View profile | 10001+ | Raleigh, North Carolina, United States, North America | http://www.redhat.com |
| Huawei Technologies | View profile | 10001+ | Shenzhen, Guangdong, China, Asia | http://huawei.com |
| VMware | View profile | 10001+ | Palo Alto, California, United States, North America | https://www.vmware.com |
| Hewlett Packard Enterprise Co | View profile | 62000 | 1701 East Mossy Oaks Road, Spring, TX, United States, 77389 | https://www.hpe.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 |
| Oracle Corp | View profile | 164000 | 2300 Oracle Way, Austin, TX, United States, 78741 | https://www.oracle.com |
| Amazon.com Inc | View profile | 1525000 | 410 Terry Avenue North, Seattle, WA, United States, 98109-5210 | https://www.amazon.com |
North America 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 64.67% in 2023. Horizon Databook has segmented the North America 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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Our clientele includes a mix of virtual machine 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 North America virtual machine market , including forecasts for subscribers. This continent databook contains high-level insights into North America virtual machine market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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North America virtual machine market size, by country, 2017-2030 (US$M)
North America Virtual Machine Market Outlook Share, 2023 & 2030 (US$M)
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