North America 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)
The virtual IT lab software market in North America is expected to grow from US$ 663.43 million in 2021 to US$ 1396.95 million by 2028. It is estimated to grow at a CAGR of 11.2% from 2021 to 2028.
The spending on the information and communications technology (ICT) sector is rising continuously. For instance, there were over 44,000 businesses in the Canadian ICT sector. According to the article published by Innovation, Science and Economic Development Canada, the majority (over 40,000) fell within the software and computer services segment in 2020. With the increasing spending on the ICT sector, especially on the software segment, the development of advanced technologies and the uptake of these technologies by businesses across the region will grow in the coming years. There will be an increase in the need for advanced technologies/solutions from the demand and supply sides as well.
Additionally, the increasing spending on new technologies would drive the overall ICT sector over the next decade as organizations move beyond prototyping into broader deployments of tools, such as virtual IT labs software. Therefore, it is expected to create lucrative opportunities for the North America 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 North America virtual IT lab software market at a substantial CAGR during the forecast period.
North America Virtual IT Lab Software Market Revenue and Forecast to 2028 (US$ Million)
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North America Virtual IT Lab Software Market Segmentation
The North America 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. 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 North America virtual IT lab software market is segmented into the US, Canada, and Mexico. In 2020, the US held the largest market share and is also 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 North America virtual IT lab software market.
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 North America Virtual IT Lab Software Market – By Deployment
1.3.2 North America Virtual IT Lab Software Market – By Organization Size
1.3.3 North America Virtual IT Lab Software Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.3 Coverage
3.4 Secondary Research
3.5 Primary Research
4. North America Virtual IT Lab Software Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. North America Virtual IT Lab Software Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Advantages of Using Virtual IT Labs Software for Educating Employees on Advanced Tools/Projects
5.1.2 Raising Use of Cloud-Based Software
5.2 Market Restraints
5.2.1 Presence of Open-Source Virtual IT Labs Software
5.3 Market Opportunities
5.3.1 Growing Spending on Information and Communications Technology Sector
5.4 Future Trends
5.4.1 Advantages of Using Virtual Sandbox Tests
5.5 Impact Analysis of Drivers and Restraints
6. North America Virtual IT Lab Software Market Analysis
6.1 North America Virtual IT Lab Software Market Overview
6.2 North America Virtual IT Lab Software Market Forecast and Analysis
7. North America Virtual IT Lab Software Market Analysis – by Deployment
7.1 Overview
7.2 North America Virtual IT Lab Software Market- by Deployment
7.3 Cloud-based
7.3.1 Overview
7.3.2 Cloud-based: Virtual IT Lab Software Market– Revenue and Forecast to 2028 (US$ Million)
7.4 On-Premise
7.4.1 Overview
7.4.2 On-premise: Virtual IT Lab Software Market– Revenue and Forecast to 2028 (US$ Million)
8. North America Virtual IT Lab Software Market – by Organization Size
8.1 Overview
8.2 North America Virtual IT Lab Software Market- By Organization Size
8.3 Small and Medium Enterprises (SMEs)
8.3.1 Overview
8.3.2 SMEs: Virtual IT Lab Software Market– Revenue and Forecast to 2028 (US$ Million)
8.4 Large Enterprises
8.4.1 Overview
8.4.2 Large Enterprises: Virtual IT Lab Software Market– Revenue and Forecast to 2028 (US$ Million)
9. North America Virtual IT Lab Software Market – Country Analysis
9.1 Overview
9.1.1 North America: Virtual IT Lab Software Market- by Country
9.1.1.1 US: Virtual IT Lab Software Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 US: Virtual IT Lab Software Market- by Deployment
9.1.1.1.2 US: Virtual IT Lab Software Market- By Organization Size
9.1.1.2 Canada: Virtual IT Lab Software Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 Canada: Virtual IT Lab Software Market- by Deployment
9.1.1.2.2 Canada: Virtual IT Lab Software Market- By Organization Size
9.1.1.3 Mexico: Virtual IT Lab Software Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 Mexico: Virtual IT Lab Software Market- by Deployment
9.1.1.3.2 Mexico: Virtual IT Lab Software Market- By Organization Size
10. Industry Landscape
10.1 Overview
10.2 Market Initiative
10.3 Merger and Acquisition
11. COMPANY PROFILES
11.1 Oracle Corporation
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Amazon Web Services
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 CloudShare Inc.
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Microsoft Corporation
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 APPSEMBLER
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 CBT NUGGETS
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Hewlett Packard Enterprise Development LP (HPE)
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 CISCO, INC.
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 Ready Tech
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
11.10 Juniper Networks, Inc.
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Products and Services
11.10.4 Financial Overview
11.10.5 SWOT Analysis
11.10.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Glossary
LIST OF TABLES
Table 1. North America Virtual IT Lab Software Market, Revenue and Forecast, 2019–2028 (US$ Mn)
Table 2. US: Virtual IT Lab Software Market- by Deployment –Revenue and Forecast to 2028 (US$ Million)
Table 3. US: Virtual IT Lab Software Market- By Organization Size –Revenue and Forecast to 2028 (US$ Million)
Table 4. Canada: Virtual IT Lab Software Market- by Deployment –Revenue and Forecast to 2028 (US$ Million)
Table 5. Canada: Virtual IT Lab Software Market- By Organization Size –Revenue and Forecast to 2028 (US$ Million)
Table 6. Mexico: Virtual IT Lab Software Market- by Deployment –Revenue and Forecast to 2028 (US$ Million)
Table 7. Mexico: Virtual IT Lab Software Market- By Organization Size –Revenue and Forecast to 2028 (US$ Million)
Table 8. Glossary of Terms, North America Virtual IT Lab Software Market
LIST OF FIGURES
Figure 1. North America Virtual IT Lab Software Market Segmentation
Figure 2. North America Virtual IT Lab Software Market Segmentation - Country
Figure 3. North America Virtual IT Lab Software Market Overview
Figure 4. North America Virtual IT Lab Software Market, By Deployment
Figure 5. North America Virtual IT Lab Software Market, By Country
Figure 6. North America: PEST Analysis
Figure 7. North America Virtual IT Lab Software Market Ecosystem Analysis
Figure 8. Expert Opinion
Figure 9. North America Virtual IT Labs Software Market: Impact Analysis of Drivers and Restraints
Figure 10. North America Virtual IT Lab Software Market, Forecast and Analysis (US$ Mn)
Figure 11. North America Virtual IT Lab Software Market Revenue Share, by Deployment (2020 and 2028)
Figure 12. Cloud-based: Virtual IT Lab Software Market– Revenue and Forecast to 2028 (US$ Million)
Figure 13. On-premises: Virtual IT Lab Software Market– Revenue and Forecast to 2028 (US$ Million)
Figure 14. North America Virtual IT Lab Software Market Revenue Share, By Organization Size (2020 and 2028)
Figure 15. SMEs: Virtual IT Lab Software Market– Revenue and Forecast to 2028 (US$ Million)
Figure 16. Large Enterprises: Virtual IT Lab Software Market– Revenue and Forecast to 2028 (US$ Million)
Figure 17. North America Virtual IT Lab Software Market
Figure 18. North America: Virtual IT Lab Software Market Revenue Share, by Country (2020 and 2028)
Figure 19. US: Virtual IT Lab Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Canada: Virtual IT Lab Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Mexico: Virtual IT Lab Software Market – Revenue and Forecast to 2028 (US$ Million)
- Oracle Corporation
- Amazon Web Services
- CloudShare Inc.
- Microsoft Corporation
- APPSEMBLER
- CBT NUGGETS
- Hewlett Packard Enterprise Development LP (HPE)
- CISCO, INC.
- Ready Tech
- Juniper Networks, Inc.
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America virtual IT lab software market.
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- Scrutinize in-depth North America market trends and outlook coupled with the factors driving the virtual IT lab software market, as well as those hindering it
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