Embedded Hypervisor Market to Advance at CAGR of 6.7%; Massive Adoption of Cloud Services Spurring Sales, Notes TMR Study
Embedded hypervisors have played a key role in cementing data security across enterprises in the aerospace, defense, automotive, industrial, BFSI, IT & telecom, and healthcare industries. Rapidly increasing adoption of modern hypervisors to support industry initiatives pertaining to adoption of artificial intelligence methods for their products is opening lucrative avenues. The global valuation of the embedded hypervisor market is projected to rise at CAGR of 6.7% from 2021 to 2031, and reach US$ 4.8 Bn by 2031.
Penetration of IoT and cloud computing services is underpinning the revenue prospects in the sales of embedded hypervisors. Enterprises are looking for advanced virtualization technologies. Manufacturers and vendors have reaped lucrative gains from ground-based military applications, notes an elaborate market intelligence study on embedded hypervisor.
The growing array of real-time hypervisors for embedded systems has opened promising frontiers and is driving innovation, assert the authors of the embedded hypervisor market study by TMR.
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