Global Virtualization Security Tools Market Size, Trends & Growth Opportunity, By Solution (Host-Based, Anti-Malware, Virtual Appliance, Virtual Zone, Virtual Infrastructure Protection, Virtual Life Cycle Protection, Log & Patch Management, and Configuration Management), By Deployment (Cloud, and On-Premises), By Organization Size (BFSI, Government, Défense, & Aerospace, Retail, Manufacturing, Education, and Others), Regional Outlook, Competitive Market Share & Forecast, 2022 – 2027.
Global Virtualization Security Tools Market
Global Virtualization Security Tools Market was valued at USD 1.39 billion in 2021 and is expected to reach USD 3.41 billion by 2027, at a CAGR 9.76% from 2022-2027.
Virtualized security tools or security virtualization tools, are referred to as security solutions which are software-based and designed to work within a virtualized IT environment. This is different from traditional, hardware-based network security, that is static and runs on devices such as routers, traditional firewalls, and switches. It is effectively necessary to keep up with the complex security demands of a virtualized network, as well as it is 5more flexible and efficient than traditional physical security.
Market Drivers
Rising adoption of virtualization security tools by small & medium enterprises (SMEs) and large enterprises is the key driving factor which is expected to propel the global virtualization security tools market growth.
Also, growing incidences of cyber-attacks shall increase the demand for these tools and significantly drive the market growth. Furthermore, rise in demand for virtualization security solution and services in many sectors such as Government, BFSI, Défense, & Aerospace, Manufacturing, Retail, Education, and Others will fuel the virtualization security tools market growth.
Market Restraints
Somewhere, lack of skilled IT professionals in virtualization security as IT talent for on-premises infrastructure is the major challenging factor which is expected to restrain the global virtualization security tools market growth. Also, lack of awareness of virtualization security and comparability issues with legacy systems can affect the virtualization security tools market growth.
Market Segmentation
The Global Virtualization Security Tools Market is segmented into; solutions, deployment, organization size, end user, and region.
Based on solution, the global virtualization security tools market is anticipated to have a dominant market share by 2027. Virtualization models offer a wide range of applications, each with its own set of risks and challenges. Among these, the challenge of cyber-attack is one of the most serious, necessitating the use of some sort of security solution.
Regional Analysis
Global Virtualization Security Tools Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The North American virtualization security market is projected to register a highest revenue by 2027. Due to the presence of significant technical professionals & experts and substantial IT budgets, organisations in this region have been displaying a progressive growth in the use of virtualization security solutions and services.
Key Players
Various key players discussed in Global Virtualization Security Tools Market report are: IBM, Trend Micro, VMware, Juniper Networks, Fortinet, Sophos, Cisco, Centrify, HyTrust, Checkpoint, and Others.
Market Taxonomy
By Solution
By Deployment
By Organization Size
By End User
By Region
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