Global Virtualization Security Market to Reach $5.3 Billion by 2030
The global market for Virtualization Security estimated at US$2 Billion in the year 2023, is expected to reach US$5.3 Billion by 2030, growing at a CAGR of 15.3% over the period 2023-2030. Virtualization Security Solutions, one of the segments analyzed in the report, is expected to record 14.6% CAGR and reach US$3 Billion by the end of the analysis period. Growth in the Virtualization Security Services segment is estimated at 16.2% CAGR for the next 7-year period.
The U.S. Market is Estimated at $580.7 Million, While China is Forecast to Grow at 14.2% CAGR
The Virtualization Security market in the U.S. is estimated at US$580.7 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$888.9 Million by the year 2030 trailing a CAGR of 14.2% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 13.9% and 13.1% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 10.9% CAGR.
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