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Middle East and Africa Virtual IT Lab Software Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Deployment (On-Premises and Cloud-Based) and Organization Size (Small and Medium Enterprises and Large Enterprises)

Report Code :  BMIRE00025155
No. of Pages :  116
Published Month :  Jun 2022
Category :  Technology, Media and Telecommunications
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The virtual IT lab software market in Middle East & Africa is expected to grow from US$ 88.33 million in 2021 to US$ 174.62 million by 2028. It is estimated to grow at a CAGR of 10.2% from 2021 to 2028.

 

Virtual sandboxing solutions provide organizations with virtual environments using a virtual IT labs platform that organizations can build, test, and deploy software. The popularity of sandbox solutions has grown due to their better access, flexibility, and affordable price. Moreover, there are several applications of virtual sandboxing solutions depending on the company’s requirements. Virtual sandboxing solutions can improve the development process, identify and fix bugs, test patches, or as a working directory. Software developers use virtual sandboxes to test new programming code, while cybersecurity professionals use virtual sandboxes to test potentially malicious software.

 

Virtual sandboxes offer several benefits. The sandboxes protect an organization’s essential infrastructure from suspicious code because it runs in a separate system. They also prevent IT from testing malicious code in an isolated testing environment to understand how it works and detect similar malware attacks quickly. Additionally, cloud-based sandboxing is used to eliminate the need for localized servers in the modern era. Creating virtual sandbox environments has become a simple task that any company’s IT department can accomplish with the help of using a virtual IT labs platform that allows testing in virtual environments. Therefore, the growing use of virtual sandboxing needs a virtual IT labs platform, which would propel the virtual IT labs software market during the forecast period.

 

With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Middle East & Africa virtual IT lab software market at a substantial CAGR during the forecast period.


Middle East & Africa Virtual IT Lab Software Market Revenue and Forecast to 2028 (US$ Million)


  

 

Middle East & Africa Virtual IT Lab Software Market Segmentation

 

The Middle East & Africa (MEA) virtual IT lab software market is analyzed on the basis of deployment, organization size, and country. Based on deployment, the market is segmented into on-premise and cloud-based deployment. In 2020, the cloud-based segment held a larger market share and is also expected to register a higher CAGR during the forecast period. Based on organization size, the market is segmented into small and medium enterprises and large enterprises. In 2020, the large enterprises segment held a larger market share, and the small and medium enterprises segment is expected to register a higher CAGR during the forecast period.

 

Further, based on country, the MEA virtual IT lab software market is segmented into Saudi Arabia, the UAE, South Africa, and the Rest of the MEA. In 2020, Saudi Arabia held the largest market share. South Africa is expected to grow at the fastest CAGR during the forecast period.

 

Oracle Corporation; Amazon Web Services; Cloudshare Inc.; Microsoft Corporation; APPSEMBLER; CBT NUGGETS; Hewlett Packard Enterprise Development LP (HPE); CISCO, INC.; Ready Tech; and Juniper Networks, Inc. are the leading companies in the Middle East & Africa virtual IT lab software market.

  1. Oracle Corporation
  2. Amazon Web Services
  3. CloudShare Inc.
  4. Microsoft Corporation
  5. APPSEMBLER
  6. CBT NUGGETS                      
  7. Hewlett Packard Enterprise Development LP (HPE)
  8. CISCO, INC.
  9. Ready Tech
  10. Juniper Networks, Inc.
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Middle East & Africa virtual IT lab software market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the Middle East & Africa virtual IT lab software market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the virtual IT lab software market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution