Embedded Hypervisor Market is expected to reach US$ 7,823.2 Million by 2028

Increasing Popularity of Cloud Computing & Virtualization Technology Provide Growth Opportunities for Embedded Hypervisor Market during 2021–2028

According to our latest market study on “Embedded Hypervisor Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Component, Technology, Enterprise Size, and Application,” the embedded hypervisor market size is expected to grow from US$ 5,046.7 million in 2021 to US$ 7,823.2 million by 2028; it is estimated to grow at a CAGR of 6.5% from 2021 to 2028.

The advent of Internet of Things (IoT) enabled each device to be connected over the internet, and its rising adoption globally result in more than billions of devices connected over the internet. Cloud computing is used in vertical applications, such as Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS), Software-as-a-Service (SaaS), big data analytics, education, cloud storage, data backup, entertainment, management, and social networking. Thus, the broad scope application of cloud computing plays a significant role in daily lives. The emergence of the COVID-19 pandemic increased the demand for real-time cloud computing applications, as companies have to ensure business continuity and avoid growth stagnation. Companies plan to increase their 2022 spending on machine learning and Artificial intelligence (AI) platforms from 1% to 25%. Hence, increasing spending for adopting advanced technologies and the growing popularity of cloud computing technology is paving new opportunities for deploying embedded hypervisors in the ecosystem, thereby driving market growth. Virtualization technologies play a crucial role in efficiently delivering IaaS solutions for cloud computing and provide a virtual environment for storage, memory, and networking. It offers flexible and efficient allocation of resources, enhances development productivity, mitigates the cost of IT infrastructure, remote access & rapid scalability, and ensures to run of multiple operating systems. Thus, associated advantages and the growing integration of virtualization technology with artificial intelligence and machine learning offer lucrative growth opportunities for deploying embedded hypervisors during the forecast period.

The market is segmented on the basis of component, technology, enterprise size, application, and geography. Embedded hypervisor market analysis by component, the market is segmented into solution and services. The solution segment accounted for a larger market share in 2020. Embedded hypervisor market analysis by technology, the market is segmented into desktop virtualization, server virtualization, and data center virtualization. In 2020, the desktop virtualization segment led the market. Embedded hypervisor market analysis by enterprise size, the market is bifurcated into small and medium enterprises, and large enterprises. In 2020, the large enterprises segment led the market. Based on industry, the market is segmented into BFSI, IT and Telecom, aerospace and defence, automotive, healthcare, transportation, and others. The BFSI segment accounted for the largest embedded hypervisor market share in 2020. Based on geography, the market is segmented into five key regions, namely North America, Europe, Asia Pacific, the MEA, and SAM. North America held the largest market share in 2020, followed by Europe and Asia Pacific. Asia Pacific is projected to register the highest CAGR in the market from 2021 to 2028.

Impact of COVID-19 Pandemic on Embedded Hypervisor Market

The COVID-19 outbreak had dramatically impacted the global economy in 2020 in its initial days, and the crisis hampered the business activities in the IT industries. Before the COVID-19 outbreak, the market was experiencing substantial growth due to the growing demand for IoT platforms, increasing adoption of artificial intelligence, and cloud computing in various industries, such as healthcare, smart homes, smart buildings, smart cities, transportation, and manufacturing industries. Further, significant investment initiatives were in the pipeline for massive shifts in the manufacturing sector due to industry 4.0 and the acceptance of IoT in various enterprises. However, the onset of the pandemic slowed down the deployments and investment of IoT and cloud-based solutions that hampered the business dynamics for the embedded hypervisor market growth. During the initial days of the pandemic, it restricted all business deals, collaborations, and partnerships that significantly shattered the embedded hypervisor market growth. Furthermore, the pandemic  invoked a rising need for featured embedded hypervisor solutions that enable the application within IoT, cloud platforms, and AI, which are trending among various industries.,  However, the global embedded hypervisor market growth plummeted initially due to the adverse impact of the COVID-19 pandemic and the related regulations; it has remarkably recovered from the pandemic due to the rise in the adoption of advanced technologies globally.

The key players operating in the embedded hypervisor market include Citrix Systems, Inc.; IBM Corporation; Microsoft Corporation; VMware, Inc.; Wind River Systems, Inc.; NXP Semiconductors; Thales Group; Fent Innovative Software Solution, S.L.; Lynx Software Technologies; and Siemens AG.

Embedded Hypervisor Market – by Region, 2020 and 2028 (%)

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Embedded Hypervisor Market Size and Trend Report 2028

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Embedded Hypervisor Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Component (Software, Services), Technology (Desktop Virtualization, Server Virtualization, and Data Centre Virtualization), Enterprise Size (Small and Medium Enterprises, Large Enterprises), and Industry (BFSI, IT and Telecom, Aerospace and Defence, Automotive, Healthcare, Transportation, Others)

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