This issue has not been solved ever since Parallels added Apple Macs to the list of compatible machines.
The only issue for M1 users is that you will only be able to emulate arm-based operating systems. The software can also be used to run the Windows 11 preview. The software, Parallels supports Macs with both the Intel and M1 microchips. The Parallels Desktop 17 will let Mac users use Microsoft’s next version of Windows through a window on their Apple Mac desktop. Windows 11 will be accessible on Macs, even without Boot Camp.
