Based on the verticals, the mobile virtualization market can be segmented into retail, entertainment & media, manufacturing & supply chain management, BFSI, IT & telecom, healthcare & life sciences, public sector & education, and energy & utility and others
Based on organization, the mobile virtualization market can be segmented into small, medium, and large enterprises. Small & medium enterprises are anticipated to demonstrate potential growth rates owing to the improved efficiency offered and low operational cost as they ensure less hardware usage. Cost-effectiveness is a prime concern for SMEs owing to its constrained budget of small businesses, making them difficult to carry their trade effectively and gain prominence.
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Based on technology, the mobile virtualization market can be categorized into hypervisors, application containers, and mobile device management policies. The hypervisor segment can be further segmented into hosted virtualization and bare metal virtualization. The application containers segment is predicted to witness attractive growth prospects through the forecast timeline owing to its lightness, less storage and processing capabilities when compared to virtual machines. In addition, it provides high speed and ensures direct access to the device. This could result in its extensive adoption across various firms.
The Asia Pacific mobile virtualization market size is fueled by the low cost of hardware and an increase in network visibility & flexibility enabled by the technology. Countries, such as India, Myanmar, Hong Kong, and South Korea, are working with service providers to reduce security vulnerabilities in the network through virtualization. Furthermore, the rising adoption of high-end mobile devices is likely to drive the industry demand from 2016 to 2025.
The U.S. mobile virtualization market share is estimated to account for substantial revenue due to the escalating usage of mobile devices. In addition, organizations across the region have adopted the virtualization technology to ensure cost efficiency, increase business flexibility, and enhance service levels.
Key players operating in the mobile virtualization market include IBM Corporation, VMware, CA Technologies, and Oracle Corporation. Other prominent partners include Microsoft Corporation, Citrix Systems, Harman International Industries, Blackberry Limited, AT&T, Cellrox, Red Hat, Google, Amazon, Parallels, and Nimboxx.
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The increasing need to isolate work & personal data, high level of security, and robustness of mobile applications will catapult mobile virtualization market demand from 2016 to 2024. Moreover, flourishing mobile industry, increased flexibility, and security offered by these systems may positively impact the industry demand.
Surging adoption of smartphones to access enterprise applications may drive the mobile virtualization market share over the forecast timeline. In addition, the growing consumer demand for safe and secure network interfaces to access applications from a remote location will positively impact the industry growth. These solutions offer a high efficiency to deal with the current environment and demonstrate the ultimate capability to scale with the dynamic requirements as an enterprise’s IT environment demands change with time. The integration of virtualized environments on mobile phones and enhanced safety features incorporated into virtualized solutions may boost the industry demand from 2016 to 2024.
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