03-14-2019 03:36 PM CET - Media & Telecommunications

Mobile Virtualization Market Technology and Forecast Report to 2026 by Top Key Players: IBM Corporation, VMware, Inc, CA Technologies, Oracle Corporation

Press release from: Reports and Data
Reports and Data
Reports and Data
The Mobile virtualization market is expected to grow from USD 2.21 billion in 2018 to USD 6 billion by 2026, at a CAGR of 15.3% during the forecast period. Increasing demand for security and robustness in data, increasing digitalization of workplaces and mobile workforces with various operating systems, need for effective productivity of employees and organization and penetration of BYOD services in enterprises to isolate personal and work data are some of the driving factors of the market. The increasing demand for cloud-based solutions and high demand for mobiles to enterprise virtualization are the opportunities for potential growth of this market.

The issues faced by enterprises for deployment of mobile virtualization difficulties are the adoption of technology across devices, the need for high-speed network connectivity and lack of awareness. This might be a major restraining factor for the mobile virtualization market.

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Further key findings from the report suggest
• The mobile virtualization market is segmented by application type into enterprise and consumer. The consumer segment is expected to witness the highest growth of approximately 16.5% CAGR during the forecast period, due to its range of benefits to the end users, such as isolating personal and work data, BYOD services in companies, etc.

• The mobile virtualization market is segmented by technology into hypervisor, mobile device management, and application container. Hypervisor segment is expected to grow with the highest CAGR of approximately 17.1% during the forecast period since it helps to maximize the effective use of computing resources such as network bandwidth, memory, and CPU cycles.

• The mobile virtualization market is segmented by organization size into large and small & medium-sized enterprises. Large and medium-sized mostly adapt mobile enterprise application, due to the cost-saving and security benefits of virtualization.

• The Mobile Virtualization Market is segmented by industry vertical into retail, media & entertainment, manufacturing & supply chain management, IT & telecom, BFSI, healthcare & life sciences, public sector & education, energy & utility and others. The segment which is expected to witness a growth of approximately 15.9% during the forecast period, is the retail, media & entertainment segment, the reason being the increasing privacy and security issues in the same. Mobile virtualization in this segment may improve the managing of a diverse mobile fleet, increase customer engagement, improve store operations, and increase efficiency and connectivity of the workforce.

• The Mobile Virtualization Market is segmented geographically into North, America, Europe, Asia Pacific and Rest of the World. APAC, the home of some large economies and developing countries like Japan, China, India, is to witness the highest growth of approximately 17.8% CAGR during the forecast period, due to the adverse adoption of mobile Virtualization services and solutions by enterprises in this region, due to low cost of hardware, and increase in network visibility and flexibility facilitated by the technology.

• Key players within Mobile Virtualization market are IBM Corporation (US), VMware, Inc (US), CA Technologies (US), Oracle Corporation (US), Microsoft Corporation, Citrix Systems, Inc (US), Harman International Industries, Inc (US), BlackBerry Limited (Canada), AT&T Inc (US), Red Hat, Inc (US), Google LLC (US), Amazon.com, Inc (US) among others.

In market segmentation by geographical regions, the report has analysed the following regions-
• North America
• Europe
• China
• Japan
• Southeast Asia
• India
• Others

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For this report, the market has been divided into segments on the basis of application type, technologies, organization size, industry vertical and regional analysis.

Technology Outlook (Revenue, USD Million; 2018–2026)
• Hypervisors
• Application Containers
• Mobile Device Management

Application type Outlook (Revenue, USD Million; 2018–2026)
• Enterprise
• Consumer

Organization size (Revenue, USD Million; 2018–2026)
• Large Enterprises
• Small and Medium-Sized Enterprises

Industry vertical Outlook (Revenue, USD; 2018-2026)
• Retail, Media & Entertainment
• Manufacturing & Supply Chain Management
• IT & Telecom
• Healthcare & Life sciences
• Public sector & Education
• Energy & Utility
• Others

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