South Korea Virtual Machine Market Size & Outlook
South Korea virtual machine market, 2017-2030 (US$M)
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South Korea virtual machine market highlights
- The South Korea virtual machine market generated a revenue of USD 324.4 million in 2023 and is expected to reach USD 968.3 million by 2030.
- The South Korea market is expected to grow at a CAGR of 16.9% 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.
Virtual machine market data book summary
| Market revenue in 2023 | USD 324.4 million |
| Market revenue in 2030 | USD 968.3 million |
| Growth rate | 16.9% (CAGR from 2023 to 2030) |
| Largest segment | System virtual machine |
| Fastest growing segment | Process Virtual Machine |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 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, South Korea accounted for 2.9% of the global virtual machine market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China virtual machine market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,073.1 million by 2030.
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Virtual Machine Market Scope
Virtual Machine Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea 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 64.27% in 2023. Horizon Databook has segmented the South Korea 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 country-level data and insights on the South Korea virtual machine market , including forecasts for subscribers. This country databook contains high-level insights into South Korea virtual machine market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea virtual machine market size, by type, 2017-2030 (US$M)
South Korea Virtual Machine Market Outlook Share, 2023 & 2030 (US$M)
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