Embedded Hypervisor Market: Current Analysis and Forecast (2022-2030)
An embedded hypervisor is a virtualization technology that allows multiple operating systems (OS) or virtual machines (VMs) to run concurrently on a single physical machine or embedded system. It is specifically designed for use in resource-constrained environments, such as embedded systems, where the hypervisor is integrated directly into the firmware or hardware.
The Embedded Hypervisor Market stood at around 5 billion in 2021 and is expected to grow at a steady rate of around 8% owing to the rising demand for multi-core embedded systems. Moreover, the surging demand for data security in businesses and technological advancements are other factors helping the market to grow. Additionally, the growing adoption of cloud computing in various industries is one of the most prominent factors contributing to the growth of the market. For instance, according to the European Commission, 41 % of EU enterprises used cloud computing in 2021.
Based on component, the market is bifurcated into software and services. The software segment catered to a significant share of the market in 2021 owing to the increasing demand for embedded hypervisor software is driven by the need for system consolidation, real-time operation, mixed-criticality support, legacy system migration, security, and improved software development and testing capabilities in the embedded systems domain.
On the basis of technology, the market is classified into desktop virtualization, server virtualization, and data center virtualization. Among these, the desktop virtualization segment catered to a significant share of the global embedded hypervisor market in 2021. The need for flexible and mobile work environments, enhanced security and data protection, cost savings and simplified IT management, improved disaster recovery capabilities, and support for diverse devices and operating systems are the major factors that contributed to the growth of this segment. These benefits make desktop virtualization an attractive solution for organizations aiming to boost productivity, increase data security, and streamline IT operations.
By industry, the market is divided into information & communication technology, banking & financial services, aerospace & defense, healthcare, and others. The information & communication technology segment catered to a significant share of the global embedded hypervisor market in 2021 majorly due to the need for improved resource utilization, enhanced security, consolidation of functionalities, and the flexibility to adapt to varying workloads. As embedded systems continue to evolve and become more complex, hypervisor technology provides a valuable solution for optimizing performance, security, and efficiency in a wide range of applications
For a better understanding of the market adoption of the Embedded Hypervisor industry, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. North America held a significant share of the global embedded hypervisor market in 2021. The rising need for efficient and flexible solutions in complex embedded systems, the expansion of the IoT ecosystem, the focus on safety and reliability in critical industries, and the advantages of flexibility and scalability offered by hypervisor technology are some of the most prominent factors contributing to the growth of the market in the region. As embedded systems continue to evolve and become more sophisticated, embedded hypervisors are expected to play an increasingly vital role in meeting the demands of these advanced applications.
Some of the major players operating in the market include Citrix Systems, Inc.; IBM; Microsoft; VMware, Inc.; Wind River Systems, Inc.; NXP Semiconductors; Thales; Siemens; Lynx Software Technologies; and acontis technologies GmbH.
1 MARKET INTRODUCTION
1.1. Market Definitions
1.2. Main Objective
1.3. Stakeholders
1.4. Limitation
2 RESEARCH METHODOLOGY OR ASSUMPTION
2.1. Research Process of the Embedded Hypervisor Market
2.2. Research Methodology of the Embedded Hypervisor Market
2.3. Respondent Profile
3 MARKET SYNOPSIS
4 EXECUTIVE SUMMARY
5 IMPACT OF COVID-19 ON THE EMBEDDED HYPERVISOR MARKET