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Yahoo
15-05-2025
- Business
- Yahoo
Virtual Machine Market Size to Surpass USD 35.37 Billion by 2032, Owing to Rising Cloud Adoption and Demand for Scalable IT Infrastructure
The Virtual Machine (VM) market is experiencing significant growth, driven by the increasing adoption of cloud computing, the need for cost-effective computing solutions, and the demand for scalable IT infrastructure. Pune, May 15, 2025 (GLOBE NEWSWIRE) -- Virtual Machine Market Size Analysis: 'The Virtual Machine Market size was USD 10.43 Billion in 2023 and is expected to reach USD 35.37 Billion by 2032, growing at a CAGR of 14.6% over the forecast period of 2024-2032.'Get a Sample Report of Virtual Machine Market@ Major Players Analysis Listed in this Report are: Inc. (Amazon Elastic Compute Cloud (EC2), AWS Lambda) Citrix Systems Inc. (Citrix Hypervisor, Citrix Virtual Apps and Desktops) Hewlett Packard Enterprise LP (HPE Synergy, HPE SimpliVity) Huawei Technologies Co. Ltd. (FusionCompute, Huawei Cloud Stack) International Business Machine Corporation (IBM PowerVM, IBM Cloud Virtual Servers) Microsoft Corporation (Microsoft Hyper-V, Azure Virtual Machines) Oracle Corporation (Oracle VM VirtualBox, Oracle Cloud Infrastructure Compute) VMware Inc. (VMware vSphere, VMware Workstation Pro) Parallels Inc. (Parallels Desktop, Parallels Remote Application Server) Red Hat Inc. (Red Hat Virtualization, Red Hat OpenStack Platform) Cisco Systems (Cisco UCS Manager, Cisco HyperFlex) Intel Corporation (Intel VT-x [Virtualization Technology], Intel Server GPU) Virtual Machine Market Report Scope: Report Attributes Details Market Size in 2023 US$ 10.43 Billion Market Size by 2032 US$ 35.37 Billion CAGR CAGR of 14.6 % From 2024 to 2032 Base Year 2023 Forecast Period 2024-2032 Historical Data 2020-2022 Key Regional Coverage North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe [Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]). Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) Key Growth Drivers Increasing Adoption of Cloud Computing and Virtualization Drives Growth in the Virtual Machine Market Do you have any specific queries or need any customization research on Virtual Machine Market, Make an Enquiry Now@ Cloud-Driven Demand Accelerates Virtual Machine Market Expansion with Focus on Flexibility and Cost Efficiency The Virtual Machine market is rapidly expanding as demand for flexible and efficient computing is increasing. With the rapid expansion of cloud computing, VMs have been increasingly accepted due to their ability to reduce resource wastage and cost. Cloud-based virtual machines are especially popular in hybrid and multi-cloud scenarios, providing businesses with the flexibility to run applications on-premises, in the cloud, or various clouds, and be able to leverage cloud services alongside their on-premises systems. The U.S. Virtual Machine (VM) Market was valued at USD 2.61 billion in 2023 and is projected to reach USD 8.09 billion by 2032, expanding at a CAGR of 13.4% from 2024 to 2032. This increase is fueled especially by the broad implementation of cloud and virtualization and AI related workloads.' VMs are widely used in organizations for simplifying infrastructure management, improving scalability as well as operating efficiency. Increasing adoption of hybrid and multi-cloud solutions, combined with advancements in hypervisor technology, is driving market growth. Segment Analysis By Type, System Virtual Machines Lead 2023 Market with 64% Share, While Process VMs Set to Surge at 15.6% CAGR Through 2032[ In 2023, the System Virtual Machine segment dominated the market, accounting for 64.00% of total revenue. This leadership is due to its wide adoption in data centers, enterprise IT, and cloud. System VMs also allow running multiple OSes on a single physical server, contributing to resource optimization and cost reduction for enterprises. Advances in hypervisor technology and cloud VM products have also increased speed and security, and hence usage. The Process Virtual Machine segment is expected to register the largest CAGR of 15.6% during the forecast period. This expansion is driven by the increasing demand for efficient runtime environments. Process VMs are most commonly used to run software applications, but they are also widely implemented in developed containerized applications, serverless computing, and other cloud computing applications, processes, and IT operations these days. By vertical, BFSI leads the Virtual Machine Market with a 29% Share in 2023; the Government Sector is set for the Fastest Growth Amid Digital Transformation. The BFSI sector contributed the highest revenue share of 29.00% in 2023, as the industry increasingly adopts virtualization to have a scalable and secure IT infrastructure. Banks are improving their data security, high-frequency transaction, and disaster recovery capabilities, using virtual machines. The Government & Public sector is expected to grow at the highest CAGR during the forecast period, as organizations in this sector are among the early adopters of new and emerging technologies, as they can be effectively used to thwart cyber-criminal activities. Virtual Machine Market Segmentation: By Type System Virtual Machine Process Virtual Machine By Organization Size Large Enterprises SMEs By Vertical BFSIs Telecommunications & ITES Government & Public Sector Healthcare & Life Sciences Others North America Leads Virtual Machine Market with 38% Share in 2023; Asia Pacific Emerges as Fastest-Growing Region at 15.7% CAGR. North America held the virtual machine (VM) Market share of around 38% in 2023. This leadership is attributed to the robust adoption of cloud technology, powerful IT infrastructure, as well as the massive implementation of virtualization technologies in enterprises across the region. The dominance of North America is attributed to leading cloud service providers, large-scale investment in data centers, and the rising need for a virtualized environment in BFSI, healthcare, and the government sector. Asia Pacific is the fastest-growing region in the Virtual Machine (VM) market, projected to expand at a CAGR of 15.7% over the forecast period. This fast-growing market is driven by the increasing demand for cloud-based virtualization, growth in the spending towards IT, and the increase in digital businesses in developing economies such as China, India, and Southeast Asia. Virtualization is gaining adoption from governments and organizations in the region to increase operational efficiency, handle mass storage of data, and bolster cybersecurity systems. Recent Developments In November 2024 an HPE VM Essentials virtualization product that can operate across HPE and non-HPE platforms. This solution looks to supply customers with a consume- what-you-need model virtualization solution that can possibly be of interest to those that are tired of the virtualization alternatives. In November 2024, Microsoft unveiled major improvements to its Azure Cloud platform, announcing new virtual machines (VMs) and improved cooling and power delivery technologies to accommodate the increasing requirements of Artificial Intelligence (AI) of Contents – Major Key Points 1. Introduction 2. Executive Summary 3. Research Methodology 4. Market Dynamics Impact Analysis 5. Statistical Insights and Trends Reporting 6. Competitive Landscape 7. Virtual Machine Market Segmentation By Organization Size 8. Virtual Machine Market Segmentation By Vertical 9. Virtual Machine Market Segmentation By Type 10. Regional Analysis 11. Company Profiles 12. Use Cases and Best Practices 13. Conclusion About Us: SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world. Related Reports: Applied AI Service Market Business Software And Services Market Case Management Market Online Survey Software Market Cloud Workflow Market CONTACT: Contact Us: Jagney Dave - Vice President of Client Engagement Phone: +1-315 636 4242 (US) | +44- 20 3290 5010 (UK)Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Zawya
03-03-2025
- Business
- Zawya
A business approach to cloud optimisation beyond IT
Businesses are still struggling with cost overruns and inefficiencies that stem from treating cloud purely as an IT function. Cloud optimisation is as much about financial governance and operational efficiency as it is about technology, says Dirk Ras, Architect in Office of the CTO and Practice Lead: Cloud at Dariel, a leading software solutions provider. 'Cloud is elastic, but many businesses don't treat it that way. If you don't continuously review, adjust, and refine cloud usage as an evolving part of your business strategy, then money will be wasted. Cloud migration isn't a silver bullet either and needs to be evaluated based on broader IT needs,' notes Ras. The price of optimisation procrastination The scale of the challenge is also widespread. One Gartner study found that up to 70% of cloud costs are wasted due to overprovisioning, idle resources, and inefficient usage. In 2023, another Gartner survey of 200 IT leaders revealed that 69% experienced budget overruns in their organisations' cloud expenditures. Conversely, 31% who stayed within budget attributed their success to accurate forecasting, proactive monitoring, and effective optimisation. Ras says one of the biggest issues around cloud optimisation is the lack of visibility and governance in cloud management. As organisations fail to track their cloud usage effectively inefficiencies and unexpected budget surprises soon follow. 'Finance teams often don't have real-time insight into cloud usage. They only get the bill at the end of the month, and by then, the damage is done. You can have a fleet of EC2 instances sitting idle and still be paying for them.' The outlook that cloud is a static solution rather than a dynamic system, further compounds the problem. The assumption that once workloads migrate to the cloud, the optimisation process is complete can become a costly error. 'Cloud environments need continuous monitoring, right-sizing, and financial oversight to stay cost-effective,' says Ras. Similarly, businesses face the temptation to over-provision and allocate cloud resources 'just in case' rather than scale dynamically. Says Ras, 'It's much better to under-provision and scale up when needed than to over-provision and pay for unused capacity. A failure to implement cost-optimisation strategies, an overreliance on on-demand pricing, and not leveraging reserved instances, auto-scaling, or proper storage management, all lead to higher-than-necessary costs.' The hidden costs of cloud usage also add to inefficiencies, particularly where data transfer is involved – an expense that many organisations overlook in their cloud strategies. 'People often don't think about how moving data between services impacts costs. If you don't design your cloud environment with these factors in mind, you could be spending far more than necessary,' adds Ras. Taking cloud optimisation out of the silo For cloud optimisation efforts to really work, they need business-wide buy-in and a cross-functional approach. Ras says there needs to be an emphasis on collaboration. 'Cloud isn't just an IT concern. If finance doesn't know what IT is provisioning, and IT doesn't know how costs are being allocated, you end up with uncontrolled cloud spend. The key is for teams to work together and finance, operations, and IT should be aligned to ensure cloud remains efficient and cost-effective.' To tackle these challenges, Ras recommends using cloud monitoring tools such as AWS Cost Explorer and Azure Cost Management for real-time cost visibility. Organisations should concentrate on right-sizing and auto-scaling their cloud resources so they match with actual demand. In addition, treating data governance as a cost-control strategy is essential to ensure businesses implement proper lifecycle management for their cloud storage and data usage. Auditing the cloud 'The most important step in cloud optimisation is knowing what you need from the start. The quicker and more effectively a client can communicate what they want and what they actually need, because those aren't always the same thing, the better the optimisation process will be. Picking the right technologies from the beginning makes a big difference,' says Ras. When optimising an existing cloud environment, the first step is always an audit. This involves reviewing whether allocated resources match actual usage. 'There's no point in running a massive instance for a web server that only gets a couple of hits a day. Once that's done, the different optimisation points can be tackled, whether it's auto-scaling, instance right-sizing, or adjusting storage.' Global spending on public cloud services is projected to reach $723 billion by 2025, up from nearly $600 billion in 2023, according to Gartner. As cloud adoption grows, so should concerns over inefficiencies and waste. 'Cloud is only as smart as the way it is managed,' says Ras. 'Without a strategic approach, it's just an expensive server rental.' About Dariel Launched in 2001, proudly South African specialised software development firm Dariel is dedicated to overcoming its clients' business challenges by integrating technology and software engineering. Working at a strategic enterprise level, Dariel empowers organisations across industry sectors to save costs, optimise processes, and grow business through innovative, custom-developed solutions. It has architected, designed, implemented, and supported hundreds of bespoke systems for some of South Africa's top 100 organisations.
Associated Press
11-02-2025
- Business
- Associated Press
Kaushik Vemulapalli Honored with 2024 Global Recognition Award for Changing Philanthropic Technology
Kaushik Vemulapalli won a 2024 Global Recognition Award for his leadership in cloud modernization at his organization. His efforts in modernizing critical applications improved efficiency and impact, setting new technological standards for organizations addressing global challenges. Photo Courtesy of Kaushik Vemulapalli NEW YORK, Feb. 11, 2025 (GLOBE NEWSWIRE) -- Kaushik Vemulapalli, a dynamic product owner, has received a 2024 Global Recognition Award for his exceptional leadership in advancing cloud modernization efforts at his organization. Managing critical applications that handle billions in transactions annually, Vemulapalli's work introduced cloud-based microservices and real-time analytics, raising the bar for innovation and scalability. Under Vemulapalli's guidance, legacy systems were reimagined into scalable, real-time platforms capable of quickly adapting to evolving needs and objectives. The modernization initiative addressed critical areas such as data integration, security protocols, and operational workflows, enabling rapid and efficient service delivery. Strategic Leadership in Cloud Architecture Vemulapalli led the migration of several mission-critical applications to a comprehensive AWS cloud platform, revolutionizing operational efficiency. By integrating AWS technologies such as Elastic Kubernetes Service (EKS), Elastic Compute Cloud (EC2), and Simple Storage Service (S3), he implemented a robust microservices architecture that enhanced scalability, reliability, and compliance with regulatory standards. Through agile methodologies, Vemulapalli accelerated project timelines while ensuring quality delivery. His data-driven approach to performance metrics provided actionable insights for refining cloud strategies. Iterative development practices and continuous feedback mechanisms earned him exceptional evaluations for vision execution and technical innovation. Technology-Driven Social Impact Vemulapalli's initiatives significantly enhanced support systems for donors and financial advisors. The optimized platform improved fund disbursement processes, bolstering organizations addressing critical issues in education, healthcare, disaster relief, and environmental conservation. During crises, the modernized infrastructure facilitated rapid responses, ensuring timely aid delivery to communities in need. Vemulapalli's approach incorporated strategic Application Programming Interfaces (APIs) and cutting-edge data analytics tools, enabling donors to make more informed decisions and fostering stronger engagement. These innovations enhanced operational efficiency and established new standards for leveraging technology in the philanthropic sector. Alex Sterling from the Global Recognition Awards commented on Vemulapalli's achievements, stating, 'Kaushik Vemulapalli's leadership demonstrates how innovative technology can enhance the impact of charitable organizations and drive meaningful social change.' Vemulapalli's work has reshaped philanthropic technology, balancing technical expertise with practical outcomes to achieve greater efficiency. Reflecting on his efforts, he noted, 'Cloud modernization amplifies our donor support capabilities and maximizes charitable impact.' His contributions have inspired advancements across the nonprofit sector, showcasing how strategic technological innovation can address global challenges effectively and elevate the role of charitable organizations in achieving their missions. The Global Recognition Awards is an international organization that acknowledges outstanding companies and individuals who have significantly contributed to their industries. Contact Information: Spokesperson: Alex Sterling
