Europe Data Center Virtualization Market Size & Outlook

The data center virtualization market in Europe is expected to reach a projected revenue of US$ 9,225.2 million by 2033. A compound annual growth rate of 19.3% is expected of Europe data center virtualization market from 2025 to 2033.
Revenue, 2024 (US$M)
$1,983.7
Forecast, 2033 (US$M)
$9,225.2
CAGR, 2025 - 2033
19.3%
Report Coverage
Europe

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Europe data center virtualization market, 2021-2033 (US$M)

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Europe data center virtualization market highlights

  • The Europe data center virtualization market generated a revenue of USD 1,983.7 million in 2024.
  • The market is expected to grow at a CAGR of 19.3% from 2025 to 2033.
  • In terms of segment, software was the largest revenue generating component in 2024.
  • Service is the most lucrative component segment registering the fastest growth during the forecast period.
  • Country-wise, UK is expected to register the highest CAGR from 2025 to 2033.


Europe data book summary

Market revenue in 2024USD 1,983.7 million
Market revenue in 2033USD 9,225.2 million
Growth rate19.3% (CAGR from 2025 to 2033)
Largest segmentSoftware
Fastest growing segmentService
Historical data covered2021 - 2023
Base year for estimation2024
Forecast period covered2025 - 2033
Quantitative unitsRevenue in USD million
Market segmentationService, Software
Key market players worldwideCisco Systems Inc, Dell Technologies Inc Ordinary Shares - Class C, Fujitsu Ltd, HCL Technologies, Hewlett Packard Enterprise Co, Huawei Technologies, International Business Machines Corp, Microsoft Corp, Oracle Corp, VMware, AT&T, ATTO Technology, Konverge, Rahi, Veritis Group


Other key industry trends

  • In terms of revenue, Europe region accounted for 21.8% of the global data center virtualization market in 2024.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2033.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 13,853.9 million by 2033.

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Data Center Virtualization Market Companies

Name Profile # Employees HQ Website
Veritis Group View profile 101-250 Irving, Texas, United States, North America https://www.veritis.com
Rahi View profile 1001-5000 Fremont, California, United States, North America https://rahi.io/
Konverge View profile 11-50 Toronto, Ontario, Canada, North America https://www.konverge.com/
ATTO Technology View profile 51-100 Amherst, New York, United States, North America https://www.atto.com
AT&T View profile 10001+ Dallas, Texas, United States, North America https://www.att.com
Huawei Technologies View profile 10001+ Shenzhen, Guangdong, China, Asia http://huawei.com
HCL Technologies View profile 10001+ Noida, Uttar Pradesh, India, Asia http://www.hcltech.com
VMware View profile 10001+ Palo Alto, California, United States, North America https://www.vmware.com
Cisco Systems Inc View profile 84900 170 West Tasman Drive, San Jose, CA, United States, 95134-1706 https://www.cisco.com
Hewlett Packard Enterprise Co View profile 62000 1701 East Mossy Oaks Road, Spring, TX, United States, 77389 https://www.hpe.com
Dell Technologies Inc Ordinary Shares - Class C View profile 120000 One Dell Way, Round Rock, TX, United States, 78682 https://www.delltechnologies.com
Microsoft Corp View profile 221000 One Microsoft Way, Redmond, WA, United States, 98052-6399 https://www.microsoft.com
International Business Machines Corp View profile 282200 One New Orchard Road, Armonk, NY, United States, 10504 http://www.ibm.com
Fujitsu Ltd View profile 124055 Shiodome City Center, 1-5-2 Higashi-Shimbashi, Minato-ku, Tokyo, Japan, 105-7123 http://www.fujitsu.com
Oracle Corp View profile 164000 2300 Oracle Way, Austin, TX, United States, 78741 https://www.oracle.com

Europe data center virtualization market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to data center virtualization market will help companies and investors design strategic landscapes.


Software was the largest segment with a revenue share of 88.77% in 2024. Horizon Databook has segmented the Europe data center virtualization market based on service, software covering the revenue growth of each sub-segment from 2021 to 2033.


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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe data center virtualization market , including forecasts for subscribers. This continent databook contains high-level insights into Europe data center virtualization market from 2021 to 2033, including revenue numbers, major trends, and company profiles.

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Europe data center virtualization market size, by country, 2021-2033 (US$M)

Europe Data Center Virtualization Market Outlook Share, 2024 & 2033 (US$M)

Europe data center virtualization market size, by country, 2021-2033 (US$M)

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