Global Virtualization and Cloud Management Software Market 2015-2019 - New Market Research Report

From: Fast Market Research, Inc.
Published: Mon Aug 31 2015

Virtualization is a process that simulates both software and hardware on a computer using cloud to enable users to receive resources as a service over the Internet. Cloud computing involves the conversion of specific machines to a virtual image on a server within the cloud. Cloud virtualization software acts as an intermediary between cloud-based services and end-user systems. It helps in reducing operational costs and increasing efficiency of the entire network interface. Cloud virtualization solutions are not centralized and remain unaffected by natural calamities or power failures. However, this can lead to problems related to data security and privacy.

Technavio's analysts forecast the global virtualization and cloud management software market to grow at a CAGR of 14.81% over the period 2014-2019.

Commenting on the report, an analyst from Technavio's team said: "The growing need for efficient and effective cloud solutions in organizations is leading to the increasing adoption of green cloud computing solutions. Third-party vendors are finding it difficult to comply with regulations regarding power consumption and cooling measures. Green computing helps decrease energy consumption and is a more efficient solution for organizations."

According to the report, organizations are adopting cloud-based services to reduce their infrastructural costs and enable virtualization. With the growing size of the cloud, the CAPEX and OPEX of the infrastructure are increasing. Thus, organizations are increasingly adopting virtualized infrastructure to reduce these costs and improve performance. Also, virtualized cloud infrastructure services are often availabile at a reasonable rate.

Further, the report states that increased complexity of virtualized infrastructure is reducing the adoption of cloud virtualization software.

The key players in the Global Virtualization and Cloud Management Software Market are Amazon Web Services, Citrix Systems, Microsoft, Red Hat and VMware while other prominent vendors include Google, Hewlett-Packard, IBM, Oracle, Parallels, Proxmox and SAP

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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