Application Virtualization Market Revenues to expand $4.4 billion by 2023
According to a new market research
report "Application Virtualization
Market by Component (Solutions and Services), Deployment
Model, Organization Size, Vertical (BFSI, Healthcare, Government and Defense,
Education, Construction, and IT and Telecom), and Region - Global Forecast to
2023", The Application
virtualization market size is expected to grow from USD 2.2 billion in 2018 to
USD 4.4 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 14.0%
during the forecast period. Solution for lengthy application installation
process with improved security and simplifying the overall application
lifecycle are the major growth factors for the Application virtualization
market.
Browse 55 market data Tables
and 36 Figures spread through 120 Pages and in-depth TOC
on "Application Virtualization Market by Component (Solutions and
Services), Deployment Model, Organization Size, Vertical (BFSI, Healthcare,
Government and Defense, Education, Construction, and IT and Telecom), and
Region - Global Forecast to 2023"
Solution for
lengthy installation process with improved security to drive the overall
Application Virtualization market.
With application virtualization, applications are made readily
available without going through lengthy installation process. Users will need
to install an app only once on a central server rather than on multiple
desktops. This also enables users to access apps through a non-Windows
computer. This ability lets administrators to offer users a seamless experience
with improved security. For instance, in case of device theft, sensitive
information will not be exposed or compromised because data is hosted in the
centralized data center rather than residing on client devices where IT
providers can control and centrally manage the data.
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Agent less
solution market increase at a highest CAGR to provide a clientless platform by
creating a transparent bridge between virtual applications and the operating
system.
In the agent less segment, the application virtualization solution is
offered as a standalone executable file with embedded virtual operating system
from multiple locations such as USB drive, local drive or network drive. It
encapsulates applications from the operating system and eliminates all the
badly operating applications. Moreover, it provides a clientless platform by
creating a transparent bridge between virtual applications and the operating
system. The benefits of using agentless solution include ease of use, mobility
and operational uniformity.
APAC is
expected to dominate the global Application virtualization market during the
forecast period
The Asia Pacific (APAC) region is expected to experience extensive
growth opportunities during the forecast period. Rapid advancements in telecom
infrastructure, cloud computing and Internet of things (IOT), has led to many
organisations moving their focus towards providing good end user experience for
their web and mobile applications. The APAC region is expected to witness the
rapid adoption of application virtualization solutions. The application
virtualization market growth in this region is characterized by the rapid
adoption of VDI and application virtualization solutions such as agent based
solutions large IT enterprises. Additionally, the number of start-ups is
increasing in the region.
Among APAC regions, Japan is one of the topmost adopters of application
virtualization solutions in APAC. The country has seen large adoption of cloud
technologies in recent years, and enterprises are strategizing toward moving
their legacy infrastructure on the cloud while application virtualization
remains the epicenter. India being the growing economy is also using
application virtualization solution mostly into the BFSI sector.
The major vendors in the
global Application virtualization market The Application virtualization market
includes major vendors, such as Microsoft (US), Symantec Corporation (US),
VMware (US), Citrix Systems (US), Red Hat (US), Oracle (US), Google (US), Dell
(US), Micro Focus (UK), Parallels International (US), Systancia (France),
Accops (India), NComputing (South Korea), Sangfor Technologies (China),
NextAxiom Technology (US).
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