The North America Virtual Machine Market would witness market growth of 15.0% CAGR during the forecast period (2023-2030).
Virtualization enhances security by isolating different VMs on the same physical server. In the event of a security breach in one VM, the impact is contained, preventing the compromise of other VMs. This isolation layer contributes to a more resilient and secure computing environment. The rise of edge computing, driven by the Internet of Things (IoT) and the need for low-latency processing, has seen the integration of virtual machines. VMs deployed at the edge facilitate efficient data processing closer to the source, reducing latency and supporting real-time decision-making in IoT applications.
Virtual machines are increasingly utilized in AI and machine learning workflows. These resource-intensive tasks benefit from the scalability and flexibility provided by virtualization. VMs support the creation of isolated environments for model training and testing, contributing to advancing AI technologies. Hosting service providers leverage virtual machines to offer multitenancy, where multiple users or organizations share the same physical infrastructure while maintaining isolation. VMs enable hosting providers to allocate dedicated resources to each tenant, ensuring security and performance in shared hosting environments.
The healthcare industry in Canada has been focusing on modernizing its IT infrastructure to improve the efficiency, security, and accessibility of patient data. Adopting electronic health records (EHRs) has significantly driven virtualization in Canadian healthcare. Virtual machines are employed for training healthcare professionals through simulations and virtual environments in Canada. Hence, the factors mentioned above will drive the regional market growth.
The US market dominated the North America Virtual Machine Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $7,604.4 million by 2030. The Canada market is experiencing a CAGR of 17.6% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 16.6% during (2023 - 2030).
Free Valuable Insights: The Virtual Machine Market is Predict to reach USD 30.3 Billion by 2030, at a CAGR of 15.8%
Based on Type, the market is segmented into System Virtual Machine and Process Virtual Machine. Based on Organization Size, the market is segmented into SMEs and Large Enterprises. Based on Vertical, the market is segmented into BFSI, Telecommunications & ITES, Government & Public Sector, Healthcare & Life Sciences and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Amazon.com, Inc.
- Citrix Systems, Inc. (Cloud Software Group, Inc.)
- Hewlett Packard enterprise Company
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- IBM Corporation
- Microsoft Corporation
- Oracle Corporation
- VMware, Inc. (Broadcom Inc.)
- Google LLC (Alphabet Inc.)
- Parallels Inc. (Cascade Parent Limited)
North America Virtual Machine Market Report Segmentation
By Type
- System Virtual Machine
- Process Virtual Machine
By Organization Size
By Vertical
- BFSI
- Telecommunications & ITES
- Government & Public Sector
- Healthcare & Life Sciences
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Virtual Machine Market, by Type
1.4.2 North America Virtual Machine Market, by Organization Size
1.4.3 North America Virtual Machine Market, by Vertical
1.4.4 North America Virtual Machine Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.3 Market Share Analysis, 2022
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.4.2 Key Strategic Move: (Product Launches and Product Expansions: 2021, Mar – 2024, Feb) Leading Players
4.5 Porter’s Five Forces Analysis
Chapter 5. North America Virtual Machine Market, By Type
5.1 North America System Virtual Machine Market, By Country
5.2 North America Process Virtual Machine Market, By Country
Chapter 6. North America Virtual Machine Market, By Organization Size
6.1 North America SMEs Market, By Country
6.2 North America Large Enterprises Market, By Country
Chapter 7. North America Virtual Machine Market, By Vertical
7.1 North America BFSI Market, By Country
7.2 North America Telecommunications & ITES Market, By Country
7.3 North America Government & Public Sector Market, By Country
7.4 North America Healthcare & Life Sciences Market, By Country
7.5 North America Others Market, By Country
Chapter 8. North America Virtual Machine Market, By Country
8.1 US Virtual Machine Market
8.1.1 US Virtual Machine Market, By Type
8.1.2 US Virtual Machine Market, By Organization Size
8.1.3 US Virtual Machine Market, By Vertical
8.2 Canada Virtual Machine Market
8.2.1 Canada Virtual Machine Market, By Type
8.2.2 Canada Virtual Machine Market, By Organization Size
8.2.3 Canada Virtual Machine Market, By Vertical
8.3 Mexico Virtual Machine Market
8.3.1 Mexico Virtual Machine Market, By Type
8.3.2 Mexico Virtual Machine Market, By Organization Size
8.3.3 Mexico Virtual Machine Market, By Vertical
8.4 Rest of North America Virtual Machine Market
8.4.1 Rest of North America Virtual Machine Market, By Type
8.4.2 Rest of North America Virtual Machine Market, By Organization Size
8.4.3 Rest of North America Virtual Machine Market, By Vertical
Chapter 9. Company Profiles
9.1 Amazon.com, Inc.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental Analysis
9.1.4 SWOT Analysis
9.2 Citrix Systems, Inc. (Cloud Software Group, Inc.)
9.2.1 Company Overview
9.2.2 Recent strategies and developments:
9.2.2.1 Product Launches and Product Expansions:
9.2.3 SWOT Analysis
9.3 Hewlett Packard Enterprise Company
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.5.2 Product Launches and Product Expansions:
9.3.6 SWOT Analysis
9.4 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expense
9.4.5 SWOT Analysis
9.5 IBM Corporation
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Regional & Segmental Analysis
9.5.4 Research & Development Expenses
9.5.5 Recent strategies and developments:
9.5.5.1 Partnerships, Collaborations, and Agreements:
9.5.6 SWOT Analysis
9.6 Microsoft Corporation
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expenses
9.6.5 Recent strategies and developments:
9.6.5.1 Product Launches and Product Expansions:
9.6.6 SWOT Analysis
9.7 Oracle Corporation
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expense
9.7.5 Recent strategies and developments:
9.7.5.1 Partnerships, Collaborations, and Agreements:
9.7.5.2 Product Launches and Product Expansions:
9.7.6 SWOT Analysis
9.8 VMware, Inc. (Broadcom Inc.)
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expense
9.8.5 Recent strategies and developments:
9.8.5.1 Partnerships, Collaborations, and Agreements:
9.8.6 SWOT Analysis
9.9 Google LLC (Alphabet Inc.)
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expense
9.9.5 Recent strategies and developments:
9.9.5.1 Partnerships, Collaborations, and Agreements:
9.9.5.2 Product Launches and Product Expansions:
9.9.6 SWOT Analysis
9.10. Parallels Inc. (Cascade Parent Limited)
9.10.1 Company Overview
9.10.2 Recent strategies and developments:
9.10.2.1 Partnerships, Collaborations, and Agreements:
9.10.2.2 Product Launches and Product Expansions:
9.10.3 SWOT Analysis
TABLE 1 North America Virtual Machine Market, 2019 - 2022, USD Million
TABLE 2 North America Virtual Machine Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Virtual Machine Market
TABLE 4 Product Launches And Product Expansions– Virtual Machine Market
TABLE 5 North America Virtual Machine Market, By Type, 2019 - 2022, USD Million
TABLE 6 North America Virtual Machine Market, By Type, 2023 - 2030, USD Million
TABLE 7 North America System Virtual Machine Market, By Country, 2019 - 2022, USD Million
TABLE 8 North America System Virtual Machine Market, By Country, 2023 - 2030, USD Million
TABLE 9 North America Process Virtual Machine Market, By Country, 2019 - 2022, USD Million
TABLE 10 North America Process Virtual Machine Market, By Country, 2023 - 2030, USD Million
TABLE 11 North America Virtual Machine Market, By Organization Size, 2019 - 2022, USD Million
TABLE 12 North America Virtual Machine Market, By Organization Size, 2023 - 2030, USD Million
TABLE 13 North America SMEs Market, By Country, 2019 - 2022, USD Million
TABLE 14 North America SMEs Market, By Country, 2023 - 2030, USD Million
TABLE 15 North America Large Enterprises Market, By Country, 2019 - 2022, USD Million
TABLE 16 North America Large Enterprises Market, By Country, 2023 - 2030, USD Million
TABLE 17 North America Virtual Machine Market, By Vertical, 2019 - 2022, USD Million
TABLE 18 North America Virtual Machine Market, By Vertical, 2023 - 2030, USD Million
TABLE 19 North America BFSI Market, By Country, 2019 - 2022, USD Million
TABLE 20 North America BFSI Market, By Country, 2023 - 2030, USD Million
TABLE 21 North America Telecommunications & ITES Market, By Country, 2019 - 2022, USD Million
TABLE 22 North America Telecommunications & ITES Market, By Country, 2023 - 2030, USD Million
TABLE 23 North America Government & Public Sector Market, By Country, 2019 - 2022, USD Million
TABLE 24 North America Government & Public Sector Market, By Country, 2023 - 2030, USD Million
TABLE 25 North America Healthcare & Life Sciences Market, By Country, 2019 - 2022, USD Million
TABLE 26 North America Healthcare & Life Sciences Market, By Country, 2023 - 2030, USD Million
TABLE 27 North America Others Market, By Country, 2019 - 2022, USD Million
TABLE 28 North America Others Market, By Country, 2023 - 2030, USD Million
TABLE 29 North America Virtual Machine Market, By Country, 2019 - 2022, USD Million
TABLE 30 North America Virtual Machine Market, By Country, 2023 - 2030, USD Million
TABLE 31 US Virtual Machine Market, 2019 - 2022, USD Million
TABLE 32 US Virtual Machine Market, 2023 - 2030, USD Million
TABLE 33 US Virtual Machine Market, By Type, 2019 - 2022, USD Million
TABLE 34 US Virtual Machine Market, By Type, 2023 - 2030, USD Million
TABLE 35 US Virtual Machine Market, By Organization Size, 2019 - 2022, USD Million
TABLE 36 US Virtual Machine Market, By Organization Size, 2023 - 2030, USD Million
TABLE 37 US Virtual Machine Market, By Vertical, 2019 - 2022, USD Million
TABLE 38 US Virtual Machine Market, By Vertical, 2023 - 2030, USD Million
TABLE 39 Canada Virtual Machine Market, 2019 - 2022, USD Million
TABLE 40 Canada Virtual Machine Market, 2023 - 2030, USD Million
TABLE 41 Canada Virtual Machine Market, By Type, 2019 - 2022, USD Million
TABLE 42 Canada Virtual Machine Market, By Type, 2023 - 2030, USD Million
TABLE 43 Canada Virtual Machine Market, By Organization Size, 2019 - 2022, USD Million
TABLE 44 Canada Virtual Machine Market, By Organization Size, 2023 - 2030, USD Million
TABLE 45 Canada Virtual Machine Market, By Vertical, 2019 - 2022, USD Million
TABLE 46 Canada Virtual Machine Market, By Vertical, 2023 - 2030, USD Million
TABLE 47 Mexico Virtual Machine Market, 2019 - 2022, USD Million
TABLE 48 Mexico Virtual Machine Market, 2023 - 2030, USD Million
TABLE 49 Mexico Virtual Machine Market, By Type, 2019 - 2022, USD Million
TABLE 50 Mexico Virtual Machine Market, By Type, 2023 - 2030, USD Million
TABLE 51 Mexico Virtual Machine Market, By Organization Size, 2019 - 2022, USD Million
TABLE 52 Mexico Virtual Machine Market, By Organization Size, 2023 - 2030, USD Million
TABLE 53 Mexico Virtual Machine Market, By Vertical, 2019 - 2022, USD Million
TABLE 54 Mexico Virtual Machine Market, By Vertical, 2023 - 2030, USD Million
TABLE 55 Rest of North America Virtual Machine Market, 2019 - 2022, USD Million
TABLE 56 Rest of North America Virtual Machine Market, 2023 - 2030, USD Million
TABLE 57 Rest of North America Virtual Machine Market, By Type, 2019 - 2022, USD Million
TABLE 58 Rest of North America Virtual Machine Market, By Type, 2023 - 2030, USD Million
TABLE 59 Rest of North America Virtual Machine Market, By Organization Size, 2019 - 2022, USD Million
TABLE 60 Rest of North America Virtual Machine Market, By Organization Size, 2023 - 2030, USD Million
TABLE 61 Rest of North America Virtual Machine Market, By Vertical, 2019 - 2022, USD Million
TABLE 62 Rest of North America Virtual Machine Market, By Vertical, 2023 - 2030, USD Million
TABLE 63 Key Information – Amazon.com, Inc.
TABLE 64 Key Information – Citrix Systems, Inc.
TABLE 65 Key Information – Hewlett Packard Enterprise Company
TABLE 66 Key Information – Huawei Technologies Co., Ltd.
TABLE 67 Key Information – IBM Corporation
TABLE 68 Key Information – Microsoft Corporation
TABLE 69 Key Information – Oracle Corporation
TABLE 70 Key Information – VMware, Inc.
TABLE 71 Key Information – Google LLC
TABLE 72 Key Information – Parallels Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Virtual Machine Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Virtual Machine Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2022
FIG 6 Key Leading Strategies: Percentage Distribution (2020-2024)
FIG 7 Key Strategic Move: (Product Launches and Product Expansions : 2021, Mar – 2024, FEB) Leading Players
FIG 8 Porter’s Five Forces Analysis – virtual machine market
FIG 9 North America Virtual Machine Market share, By Type, 2022
FIG 10 North America Virtual Machine Market share, By Type, 2030
FIG 11 North America Virtual Machine Market, By Type, 2019 - 2030, USD Million
FIG 12 North America Virtual Machine Market share, By Organization Size, 2022
FIG 13 North America Virtual Machine Market share, By Organization Size, 2030
FIG 14 North America Virtual Machine Market, By Organization Size, 2019 - 2030, USD Million
FIG 15 North America Virtual Machine Market share, By Vertical, 2022
FIG 16 North America Virtual Machine Market share, By Vertical, 2030
FIG 17 North America Virtual Machine Market, By Vertical, 2019 - 2030, USD Million
FIG 18 North America Virtual Machine Market share, By Country, 2022
FIG 19 North America Virtual Machine Market share, By Country, 2030
FIG 20 North America Virtual Machine Market, By Country, 2019 - 2030, USD Million
FIG 21 SWOT Analysis: Amazon.com, Inc.
FIG 22 SWOT Analysis: Citrix Systems, Inc.
FIG 23 Recent strategies and developments: Hewlett Packard Enterprise Company
FIG 24 SWOT Analysis: Hewlett Packard Enterprise Company
FIG 25 SWOT Analysis: Huawei Technologies Co., Ltd.
FIG 26 SWOT Analysis: IBM Corporation
FIG 27 Swot Analysis: Microsoft Corporation
FIG 28 Recent strategies and developments: Oracle Corporation
FIG 29 SWOT Analysis: Oracle Corporation
FIG 30 SWOT Analysis: VMware, Inc.
FIG 31 Recent strategies and developments: Google LLC
FIG 32 SWOT Analysis: Google LLC
FIG 33 Recent strategies and developments: Parallels, Inc.
FIG 34 Swot Analysis: Parallels Inc.