Global Mobile Virtualization Market Report 2022: Enhanced
DUBLIN, Jan. 25, 2023 (Globe Newswire) — The “Global Mobile Virtualization Market Size, Share and Industry Trends Analysis Report by Technology (Hypervisor and Application Containers), by Organization Size (Large Enterprises and SMEs), by Vertical, by Regional and Forecast, 2022 – 2028” The report has been added to ResearchAndMarkets.com an offer.
The global mobile virtualization market size is expected to reach $17.4 billion by 2028, growing at a market growth rate of 21.0% over the forecast period.
Mobile virtualization divides mobile devices into many logical units and components. Virtualization is the technique of breaking up local hardware systems into smaller units to distribute processing power, memory, and other resources across. Like other forms of virtualization, mobile virtualization uses a hypervisor as the primary tool for controlling virtual machines. For example, on the same mobile device, several operating systems may be running to enhance multiple functions.
To comply with the “Bring Your Own Device” IT policy, mobile virtualization allows separation of devices (BYOD). Employees are permitted to use personal devices that may run on a different operating system than the one provided by the Company under this policy. It effectively cleans the company and enhances its increased security.
Due to the increasing use of machine-to-machine technologies, smartphones, and other technology-enabled products, mobile virtualization solutions are very popular. Smartphone adoption is growing at the fastest pace in the world. The proliferation of various applications on a single platform, including social networking, financial and entertainment applications, is another factor driving the demand for mobile virtualization.
Since private data is stored on the device, mobile virtualization is also necessary to reduce risks. In addition, personal information, including network data, emails, and photographs, may be protected via mobile virtualization, causing the mobile virtualization market to grow. Since consumers may run two operating systems on a single smartphone due to mobile virtualization, the need for cloud computing in business operations is expected to increase. The acceptance of mobile virtualization by small and medium-sized enterprises is expected to greatly influence mobile virtualization in the coming years.
market growth factors
Mobile virtualization provides enhanced data security
Given that the majority of threats are getting increasingly powerful, information security is one of the major challenges for organizations. The sector is exposed to a wide range of threats, including targeted hacking, sophisticated phishing scams, outright intellectual property theft, and personal malware infiltration into corporate networks. Mobile virtualization solutions, such as application virtualization, have evolved to become one of the best ways for organizations to better protect their information and manage risk.
Increase workspace as a service
Workspace as a service has seen huge popularity among businesses in recent years, and this trend is expected to continue in the coming years due to its many advantages, including corporate flexibility and reliability across multiple office locations. Organizations also use this technology since it provides a virtual desktop that allows users to access different office applications from any global location.
Based on technology, the mobile virtualization segment is divided into application containers and hypervisors. In 2021, the application container segment covered a large share of the revenue in the mobile virtualization market.
Containers are a lighter and more flexible virtualization solution because they do not use a monitor. This enables faster provisioning of resources and faster availability of new applications. A container puts everything needed to run a single application or microservice into a single unit rather than creating an entire virtual machine (along with the runtime libraries they need to run).
organization size forecasts
Based on the size of the organization, the mobile virtualization market is segmented into large enterprises, small and medium enterprises. In 2021, the SME segment recorded a significant share of revenue from mobile virtualization.
Time and money are two of the most needed resources in every small business. Both can be rescued by virtualization, which frees workers from putting out security fires so they can focus on more strategic tasks such as expanding the company. With virtualization, IT workers can rapidly provision virtual servers in response to company expansion.
Based on vertical, the mobile virtualization market is segmented by vertical industry into ICT, Construction & Manufacturing, BFSI, Healthcare & Life Sciences, Public Sector, Retail, Education, and others. The healthcare and life sciences segment displayed a significant share of revenue from mobile virtualization in 2021.
Due to the increasing use of technology in maintaining and distributing electronic health records (EHR) among various professionals, physicians and healthcare facilities, the life sciences and healthcare segment is also expected to contribute rapidly to the growth of the virtual packaging market over the forecast period.
Major market players
List of companies included in the report:
- BlackBerry Limited
- Broadcom, Inc.
- Microsoft Corporation
- Oracle Corporation
- AT&T, Inc.
- Samsung Electronics Co., Ltd.
- VMware, Inc.
- Cellrox Ltd.
Main topics covered:
Chapter 1. Market scope and methodology
Chapter 2. Market Overview
Chapter 3. Global Mobile Virtualization Market by Technology
Chapter 4. Global Mobile Phone Virtualization Market by Size and Organization
Chapter 5. Global Mobile Virtualization Market by Vertical
Chapter 6. Global Mobile Virtualization Market by Region
Chapter 7. Company Profiles
For more information on this report visit https://www.resarchandmarkets.com/r/ldip2-mobile?w=12
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