Global Virtualization and Cloud Management Software Industry to be Propelled by Need to Reduce CAPEX and OPEX on Worldwide IT Infrastructure


Published Date : Mar 07, 2016

ALBANY, New York, March 07, 2016 - A new market report on the global virtualization and cloud management software industry has been added to the repository of MarketResearchReports. The research study, titled “Global Virtualization And Cloud Management Software Industry 2016, Trends And Forecast Report,” offers a comprehensive and unbiased reports of this market based on its current as well as historical performance.

This 162-page research report provides a detailed assessment of the worldwide virtualization and cloud management software industry, taking various industry verticals such as the market chain structure, the sales dynamics, latest trends, growth drivers, limitations, opportunities, and the future forecast in consideration.

In this market report, virtualization is defined as a process that simulates both hardware and software on a computer with the help of cloud to enable subscribers to receive services over the Internet.

Further, it defines cloud computing as a procedure that involves the conversion of specified machines to a virtual image on a particular server within the cloud, wherein the cloud virtualization software acts as a mediator between cloud-based services and end-use systems. This software helps to reduce operational costs and increases the efficacy of the entire network interface.

Cloud virtualization systems remain unstirred by power failures or natural catastrophes as these systems are not centralized. However, this factor may affect the security and privacy of data on the server.

According to the market study, the need to reduce the capital expenditure (CAPEX) as well as operational expenditure (OPEX) on the IT infrastructure across the world has been boosting the worldwide virtualization and cloud management software industry since last few years. However, the increasing complicacy of virtualized infrastructure is likely to inhibit the market growth in the coming years, states the market report.

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The industry, however, finds lucrative opportunity in green cloud computing owing to its increasing uptake among users, notes the research study.

The market report also studies the competitive landscape of the global industry of virtualization and cloud management software by evaluating the company profiles of key market participants.

As per the research study, this market is highly competitive in nature. Citrix Systems, Amazon Web Services, Microsoft, VMware, and Red Hat are the leading companies functional in the worldwide virtualization and cloud management software industry. Other major market participants are SAP, Parallels, Proxmox, Oracle, Hewlett-Packard, IBM, and Google.

The main objective of this research report is to present a clear picture of the global virtualization and cloud management software industry to participants, consultants, and stakeholders, operating as well as looking to venture in this market. It also assists them in preparing crucial strategies to gain a competitive edge in the market.

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