Virtual Networking Market Research Report – Global Forecast till 2030

Virtual Networking Market: By Type (Hardware, Software and Service), By Application (BFSI, Public Sector, Manufacturing, Hospitality, Healthcare, IT & Telecommunication and Others) and Region - Global Forecast Till 2030

ID: MRFR/ICT/5913-CR | February 2019 | Region: Global | 132 Pages         

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Virtual Networking Market

Virtual Networking Market is Anticipated to Reach US$ 214.33 Billion by 2030 Registering a CAGR of 29.41%
Market Size
CAGR
Dominating Region
Forecast Period
$214.33 Billion
29.41%
North America
2020-2030
Segmentation
By Type
By Application
  • Hardware
  • Software
  • Service
  • BFSI
  • Public Sector
  • Manufacturing
  • Hospitality
  • Healthcare
  • IT & Telecommunication
  • Others
Companies Profiled
Key Players
Huawei Technologies Co. Ltd
Hewlett Packard enterprise Co.
IBM Corporation
Oracle Corporation
Microsoft Corporation
VMware Inc.
Citrix Systems Inc.
Virtual Networking Solutions
Verizon Communications Inc
Market Driving Forces
Drivers
The rise in adoption of cloud-based solutions is the factor that is propelling the growth of the global virtual networking market.
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Market Snapshot


Rapid advancement in technology and improvement in internet connectivity are optimizing the control of servers or remotely located devices through virtual networking. With the combination of hardware and software, along with internet connectivity, virtual networking enables the users to communicate locally or remotely across dissimilar or similar networks by using simplified interface. Increasing utilization of virtual networking across the globe is leading to the expansion of the global virtual networking market at a remarkable CAGR of 29.41% during the forecast period of 2020-2030. It is anticipated to reach the market valuation of USD 214.33 Billion by the end of the review period, from USD 10,727.5 Mn in the year 2017. High demand for advanced technology that can consolidate diverse devices and services on a single hardware platform, increasing utilization of services, machinery, and devices that require virtual networking for optimum functioning and rise in adoption of cloud-based solutions are the primary factors that are propelling the growth of the global virtual networking market.


Report Overview


The report on the global virtual networking market offers a comprehensive analysis of the key market trends along with a five-year revenue forecast (2018-2023). This report also includes discussion on the macroeconomic indicators and the governing factors of the global virtual networking market and the sub-markets. Revenue analysis on the basis of different types of components required for virtual networking and also its application is available in this report. The primary types of components assessed in this report, that are required for successful operation of virtual networking system, include hardware, software, and devices. For opportunity analysis, the application areas of virtual networking are also covered in the report on the global virtual networking market.


Companies Covered


The prominent players profiled in the report on the global virtual networking market are Huawei Technologies Co. Ltd, Hewlett Packard enterprise Co., IBM Corporation, Oracle Corporation, Microsoft Corporation, VMware, Inc., Citrix Systems, Inc., Virtual Networking Solutions, and Verizon Communications Inc.


This report provides an in-depth insight into the key market players and presents a comprehensive analysis of their position in the global market. This report also provides company information with regards to segmental share, revenue, growth strategies, new product launch, SWOT, geographical income, new product launch, SWOT, latest R&D initiatives and M&A activities.


Research Methodology


Market Research Future (MRFR) employs its optimum statistical solution for comprehensive and iterative assessment of critical market indicators for the deliverance of highly accurate market insights. Collaborative approach of data triangulation technique and multi-layered research module aids in conducting a highly qualitative and quantitative analysis of the macroeconomic indicators and governing factors of the global market such as key market dynamics, historical trends, consumer landscape, challenges, and growth opportunities. Primary and secondary research processes are utilized for garnering data through surveys and personal interviews with key opinion holders across the value chain, which is then verified by referring to white papers, paid databases, SEC filings, annual company reports, and other sources available in public domain. The top-down and bottom-up approaches aid in delivering research findings with high accuracy and objectivity.


Other Description



  • Base Year- 2017

  • Forecast Period- 2018 to 2023

  • Market Denomination- USD Mn


For scope of the report, Market Research Future offers a detailed segmental analysis of the global virtual networking market


By Type



  • Hardware

  • Software

  • Service


By Application



  • BFSI

  • Public Sector

  • Manufacturing

  • Hospitality

  • Healthcare

  • IT & Telecommunication

  • Others


By Region



  • North America

  • Europe

  • Asia Pacific

  • Latin America

  • Middle East and Africa


Intended Audience:



  • Research/Consultancy Firms

  • Government organizations

  • OEM technology solution providers

  • Cloud Service Providers

  • Software Developers

  • System Integrators

  • Technology Investors

  • Manufacturing Industry



Report Scope:

Report Attribute/Metric Details
  Market Size

  • USD 214.33 Billion (2030)
  • USD 10,727.5 Million (2017)
  •   CAGR   29.41% (2020-2030)
      Base Year   2019
      Forecast Period   2020-2030
      Historical Data   2018
      Forecast Units   Value (USD Million)
      Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
      Segments Covered   By Type, By Application
      Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
      Key Vendors   Huawei Technologies Co. Ltd, Hewlett Packard enterprise Co., IBM Corporation, Oracle Corporation, Microsoft Corporation, VMware, Inc., Citrix Systems, Inc., Virtual Networking Solutions, and Verizon Communications Inc
      Key Market Opportunities   The primary types of components assessed in this report, that are required for successful operation of virtual networking system, include hardware, software, and devices. For opportunity analysis, the application areas of virtual networking are also covered in the report on the global virtual networking market.
      Key Market Drivers   The rise in adoption of cloud-based solutions is the factor that is propelling the growth of the global virtual networking market.


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    Frequently Asked Questions (FAQ) :

    2020-2030 is the growth period of the company

    The valuation of the market will be USD 214.33 Billion by 2030

    The rise in adoption of cloud-based solutions is the factor that is propelling the growth of the global virtual networking market.

    North America region is grossing the highest market share among other regions.

    IBM Corporation, Oracle Corporation, Microsoft Corporation, VMware, Inc., are the leading companies assisting the market with higher growth.