Virtual memory is the ability of an operating system (such as MAC, Linux, and Windows) to manage the memory in case of shortage of the physical memory, by temporarily transferring the data to the disk storage from the random access memory (RAM), with the help of hardware and software solutions.
The global virtual memory management market can be segmented based on component, software type, enterprise size, and region. Based on component, the market has been bifurcated into software and services. The services segment has been sub-divided into implementation & integration, consulting, and maintenance. In terms of software type, the market has been divided into on-premise and cloud.
The cloud segment is anticipated to expand at a substantial rate during the forecast period. Based on enterprise size, the market has been segmented into large-sized enterprises and small- & medium-sized enterprises (SMEs). The large-sized enterprises segment is expected to hold a major share of the virtual memory management market from 2018 to 2026, due to rising awareness about quality of processes and cost-cutting.
In terms of region, the global virtual memory management market has been segregated into North America, South America, Europe, Asia Pacific (APAC), and Middle East & Africa (MEA). North America is estimated to hold the leading share of the global virtual memory management market from 2018 to 2026, followed by Europe. Canada and the U.S. contribute significantly toward growth of the market in North America. This is attributable to presence of leading players in these countries.
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Increasing investments in the research and development and rising adoption of advanced solutions by leading players in Canada and the U.S. are driving the virtual memory management market in North America. However, among all regions, Asia Pacific is expected to offer significant growth opportunities to key players operating in the global virtual memory management market between 2018 and 2026, due to significant growth in industrialization in this region.
Within the region, countries such as Japan, South Korea, India, China, and Singapore are contributing to the growth of the virtual memory management market in the region. This is primarily due to initiatives taken by governments of these countries to support the growth of small- & medium-sized enterprises (SMEs).