Europe Virtual Machine Market Size & Outlook, 2023-2030
The virtual machine market in Europe is expected to reach a projected revenue of US$ 7,289.6 million by 2030. A compound annual growth rate of 15.4% is expected of Europe virtual machine market from 2024 to 2030.
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- Virtual Machine Market Outlook
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Revenue, 2023 (US$M)
$2,667.9
Forecast, 2030 (US$M)
$7,289.6
CAGR, 2024 - 2030
15.4%
Report Coverage
Europe
Europe Virtual Machine Market, 2017-2030 (US$M)
Global Market
Related Markets
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Europe virtual machine market highlights
- The Europe virtual machine market generated a revenue of USD 2,667.9 million in 2023.
- The market is expected to grow at a CAGR of 15.4% from 2024 to 2030.
- In terms of segment, system virtual machine was the largest revenue generating type in 2023.
- Process Virtual Machine is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, France is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 2,667.9 million |
| Market revenue in 2030 | USD 7,289.6 million |
| Growth rate | 15.4% (CAGR from 2023 to 2030) |
| Largest segment | System virtual machine |
| Fastest growing segment | Process Virtual Machine |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | System Virtual Machine, Process Virtual Machine |
| Key market players worldwide | Amazon.com Inc, Hewlett Packard Enterprise Co, International Business Machines Corp, Microsoft Corp, Oracle Corp, Citrix Systems Italia S.r.L., Huawei Technologies, VMware, Corel Corporation, Red Hat |
Other key industry trends
- In terms of revenue, Europe region accounted for 23.7% of the global virtual machine market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 9,283.7 million by 2030.
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Virtual Machine Market Scope
Virtual Machine Market segmentation & scope
Virtual Machine Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Amazon.com Inc | View profile | 1,525,000 | 410 Terry Avenue North, Seattle, WA, United States, 98109-5210 | www.amazon.com |
| Oracle Corp | View profile | 164,000 | 2300 Oracle Way, Austin, TX, United States, 78741 | www.oracle.com |
| International Business Machines Corp | View profile | 282,200 | One New Orchard Road, Armonk, NY, United States, 10504 | www.ibm.com |
| Microsoft Corp | View profile | 221,000 | One Microsoft Way, Redmond, WA, United States, 98052-6399 | www.microsoft.com |
| Hewlett Packard Enterprise Co | View profile | 62,000 | 1701 East Mossy Oaks Road, Spring, TX, United States, 77389 | www.hpe.com |
| VMware | View profile | 10001+ | Palo Alto, California, United States, North America | www.vmware.com |
| Huawei Technologies | View profile | 10001+ | Shenzhen, Guangdong, China, Asia | huawei.com |
| Red Hat | View profile | 10001+ | Raleigh, North Carolina, United States, North America | www.redhat.com |
| Citrix Systems Italia S.r.L. | View profile | 5001-10000 | Milan, Lombardia, Italy, Europe | www.citrix.it |
| Corel Corporation | View profile | - | - | - |
Europe Virtual Machine 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 Virtual Machine Market Outlook will help companies and investors design strategic landscapes.
System Virtual Machine was the largest segment with a revenue share of 63.93% in 2023.
Horizon Databook has segmented the Europe virtual machine market based on system virtual machine, process virtual machine covering the revenue growth of each sub-segment from 2017 to 2030.
- Europe Virtual Machine Market Type Outlook (Revenue, USD Million , 2017-2030)
- System Virtual Machine
- Process Virtual Machine
- Europe Virtual Machine Market Organization Size Outlook (Revenue, USD Million , 2017-2030)
- Large Enterprises
- SMEs
- Europe Virtual Machine Market Vertical Outlook (Revenue, USD Million , 2017-2030)
- BFSIs
- IT & Telecommunication
- Government & Public Sector
- Healthcare
- Manufacturing
- Others
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe Virtual Machine Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Europe Virtual Machine Market Outlook from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Europe Virtual Machine Market, 2017-2030 (US$M)
Europe virtual machine market statistics, by type, 2017-2030 (US$M)
