The best replacement for hvm is pv.

The best alternatives to hvm are rated as following:
★★★★★  pv
★★★★★  pv-grub
★★★  paravirtual aws
★★★  pvm
★★  ebs
★  paravirtualization
★  paravirtual
★  pv xen
  paravirtualization xen

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Google Trends

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