Mobile Virtualization Market will witness a rapid growth to 2024
Date: 2018-10-01   Author: Ronak Bora  Category: #technology

Mobile Virtualization Market will witness a rapid growth to 2024

Based on technology global 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.

Mobile Virtualization Market size is estimated to be valued around USD 6 billion by 2024, growing at over 20% CAGR from 2016 to 2024. 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.

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The need for high-speed internet connectivity and limited adoption of mobile devices may hamper the mobile virtualization market size. The minimal support from vendors for operating systems, such as iOS and Windows, may hinder industry demand. The disparity in internet connectivity is another restricting factor that affects the market growth.

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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 2024.

 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.



About Author


Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for AlgosOnline and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport.

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