Mobile Virtualization Market size to grow at over 20% CAGR to reach $6bn by 2024: Global Market Insi...
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Mobile Virtualization Market size to grow at over 20% CAGR from 2016 to 202 - PowerPoint PPT Presentation

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Request for an in-depth table of contents for this report @ 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.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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Mobile Virtualization Market size to grow at over 20% CAGR to reach $6bn by 2024: Global Market Insights Inc.

Fuel Cell Market size worth $25.5bn by 2024

Low Power Wide Area Network

Regional Analysis of Mobile Virtualization Market:

  • 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.

  • 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.

Application Analysis of Mobile Virtualization Market:

  • 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.

  • The life sciences & healthcare segment is predicted to grow at a tremendous rate during the forecast period owing to the rising application of the technology in maintenance and distribution of Electronic Health Records (EHR) among different specialists, doctors, and facilities.

Competitive Market Share of Mobile Virtualization Market:

  • 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.

  • The industry is categorized by frequent mergers and acquisitions, innovations, and new product developments. For instance, in November 2014, IBM launched desktop-as-a-service, a new mobile virtualization service.

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