Virtualization Security Market Size

Statistics for the 2023 & 2024 Virtualization Security market size, created by Mordor Intelligence™ Industry Reports. Virtualization Security size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Virtualization Security Industry

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Virtualization Security Market Summary
Study Period 2019 - 2029
Market Size (2024) USD 1.71 Billion
Market Size (2029) USD 3.47 Billion
CAGR (2024 - 2029) 15.20 %
Fastest Growing Market North America
Largest Market North America

Major Players

Virtualization Security Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Virtualization Security Market Analysis

The Virtualization Security Market size is estimated at USD 1.71 billion in 2024, and is expected to reach USD 3.47 billion by 2029, growing at a CAGR of 15.20% during the forecast period (2024-2029).

Virtualization has rapidly impacted the IT and network area, with enormous cost savings and returns from data centers, companies, or cloud computing investments. The new environment is complicated, and a new network has been created with virtualization approaches to existing networks, requiring an entirely new security approach.

The increased load on servers is causing a lot of problems for businesses. Virtualization makes managing your servers' load easier, which suits the organization in terms of costs and time.

Virtualization leads to hardware reductions, increasing physical security as there are fewer devices and, ultimately, fewer data centers. Therefore, adopting virtualization will have a positive impact and thus increase the market for virtualization security.

The market growth is also supported by many factors, such as cloud security solutions that improve productivity and efficiency, increased demand for crypto mining, remote access to ransom payments, and increased R&D activities carried out by key players.

Owing to the rise in concerns related to cyberattacks and a lack of awareness of virtualization security and skilled professionals, rising concerns regarding breaches in the security layers by hackers will again hamper the market growth rate.

The COVID-19 pandemic positively impacted the growth rate of the virtualization security market, owing to an increase in demand for virtualization security solutions among SMEs and large enterprises for protecting organizations and the growing need to detect and block malware to reduce the risk of cyber-attacks and data theft issues.

Virtualization Security Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)