Global Virtualization in Industrial Automation Market 2018-2022
About Virtualization in Industrial Automation
Virtualization is a technology that makes use of software to create multiple simulated environments from a single hardware system. Hypervisor is a software that disengages virtual machines (VMs)from host servers and assigns computer resources to the VMs.
Technavio’s analysts forecast the global virtualization in industrial automation market to grow at a CAGR of 7.32% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global virtualization in industrial automation market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Virtualization in Industrial Automation Market 2018-2022
Technavio recognizes the following companies as the key players in the global virtualization in industrial automation market: Citrix Systems, IBM, Microsoft, Oracle, and VMware.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is improvements in NFV technology. The IIoT-enabled devices across have increased data generation in the process and discrete industries. The increasing adoption of the IIoT-enabled devices requires a strong architect for data transfer and analysis.”
According to the report, one driver in the market is ability to run multiple operating systems on single physical server. Operations in industrial plants require multiple servers to run different operating systems and applications. Industrial plants have different applications and operating systems that support automated devices such as SCADA, PLC, and HMI.
Further, the report states that one challenge in the market is physical server failure affects an entire system. The major challenge of deploying virtualization is unplanned downtime. Operators lose visibility of the failure in ICSs such as PLC, SACADA and HMI, after which they are required to revert to manual operations.
Citrix Systems, IBM, Microsoft, Oracle, and VMware.