Service Virtualization Market size was valued at US$ 750 Mn. in 2020 and the total revenue is expected to grow at a CAGR of 18.1% through 2021 to 2027, reaching nearly US$ 2,403.31 Mn.
Service Virtualization Market Overview:
Service Virtualization is a technique to emulate the behaviour of particular components in heterogeneous component based applications like Cloud-based applications, API driven applications, and service-oriented architectures. Ready API Virtualization, CA Service Virtualization, Micro Focus Service Virtualization, IBM Rational Test Virtualization Server, Soap UPI are some of the top service virtualization tools. Active DAS, Passive DAS, and Hybrid DAS are the product types of the service virtualization. VMware fusion, Oracle VM virtual box, VMware workstation, and Parallel Desktops are the four types of the top software that are used widely for the service virtualization.