Regionally, the global virtual machine market is segmented into five major regions comprising North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. North America industry is estimated to account for largest revenue share of 45% by 2037, The market in the region is also anticipated to grow with a CAGR of 14.3% during the forecast period owing to the presence of the key players in this region and for the rising implementation of virtualization and security solutions & services across end user organizations. Further, the market is segmented by country into the United States and Canada, out of which, the market in the U.S. is expected to hold the largest market share throughout the forecast period and further grow with the highest CAGR of 14.8% during the forecast period. On the other hand, the market in Europe is projected to hold the second leading stance by garnering a revenue share of 17.93% by the end of 2037.
The virtual machine market in Europe is further segmented by country into the UK, Germany, Italy, France, Spain, Russia, Netherlands, and Rest of Europe, out of which, the market in the UK is expected to hold the largest market share of 23.80% by the end of 2037 and further gain a revenue of USD 2629.94 Million in the same year. Alternatively, the market in Germany is expected to grow significantly by holding the highest CAGR of 17.1% during the forecast period.
Author Credits: Abhishek Verma
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