Global Virtual Networking Market Size & Outlook, 2025-2030

The global virtual networking market size was estimated at USD 48,570.3 million in 2024 and is projected to reach USD 194,634.5 million by 2030, growing at a CAGR of 26.5% from 2025 to 2030.
Revenue, 2024 (US$M)
$48,570.3
Forecast, 2030 (US$M)
$194,634.5
CAGR, 2025 - 2030
26.5%
Report Coverage
Worldwide

Global virtual networking market highlights

  • The global virtual networking market generated a revenue of USD 48,570.3 million in 2024 and is expected to reach USD 194,634.5 million by 2030.
  • The market is expected to grow at a CAGR (2025 - 2030) of 26.5% by 2030.
  • In terms of segment, software accounted for a revenue of USD 25,693.8 million in 2024.
  • Services is the most lucrative component segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2024.
  • Country-wise, India is expected to register the highest CAGR from 2025 to 2030.

Global data book summary

Market revenue in 2024USD 48,570.3 million
Market revenue in 2030USD 194,634.5 million
Growth rate26.5% (CAGR from 2025 to 2030)
Largest segmentSoftware
Fastest growing segmentServices
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHardware, Software, Services

Other key industry trends

  • In terms of revenue, the North America accounted for 33.5% of the global virtual networking market in 2024.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, India is the fastest growing regional market and is projected to reach USD 6,846.0 million by 2030.

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Virtual Networking Market Companies

Name Profile # Employees HQ Website
Verizon Communications Inc. View profile - - -
Huawei Technologies Co., Ltd. View profile - - -
IBM Corporation View profile - - -
Microsoft Corporation View profile - - -
Hewlett Packard Enterprise Development LP View profile - - -
Oracle View profile - - -
Cisco Systems, Inc. View profile - - -
Citrix Systems Italia S.r.L. View profile 5001-10000 Milan, Lombardia, Italy, Europe https://www.citrix.it
Juniper Networks Inc View profile 3374 1133 Innovation Way, Sunnyvale, CA, United States, 94089 https://www.juniper.net
VMware View profile 10001+ Palo Alto, California, United States, North America https://www.vmware.com

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


Software was the largest segment with a revenue share of 52.9% in 2024. Horizon Databook has segmented the Global virtual networking market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Virtual Networking Component Outlook (Revenue, USD Million, 2018-2030)
    • Software
    • Services
    • Hardware
  • Global Virtual Networking Deployment Outlook (Revenue, USD Million, 2018-2030)
    • On-Premise
    • Cloud
  • Global Virtual Networking Enterprise Size Outlook (Revenue, USD Million, 2018-2030)
    • Small & Medium Enterprises
    • Large Enterprises
  • Global Virtual Networking Application Outlook (Revenue, USD Million, 2018-2030)
    • Public sector
    • Healthcare
    • IT and Telecommunication
    • BFSI
    • Manufacturing
    • Hospitality
    • Others

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Target buyers of Global virtual networking market databook

  • Our clientele includes a mix of virtual networking market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • 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 global-level data and insights on the Global virtual networking market , including forecasts for subscribers. This global databook contains high-level insights into Global virtual networking market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global virtual networking market size, by regions, 2018-2030 (US$M)

Top 10 countries: Virtual networking market size, 2024 (US$M)

Global virtual networking market share, by enterprise size, 2024 & 2030 (%, US$M)

Virtual networking market: Opportunity assessment by country

Global virtual networking market, by region, 2024 (US$M)

Global virtual networking market size, by regions, 2018-2030 (US$M)

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