The global mobile virtualization market is anticipated to grow at a CAGR of 21.3% during2016 to 2022. The market has generated the revenue $ 2.16 Billion in 2016 and is anticipated to reach up to $ 6 Billion by 2022. Due to increasing need to isolate personal and work data, growing mobile industry, robustness and security helps to drive the market of mobile virtualization.
The global mobile virtualization market is further segmented on the basis of technology, verticals and organization. On the basis of technology the market of mobile virtualization is further segmented as hypervisor, bare metal virtualization, hosted virtualization and application containers. Similarly on the basis of verticals the market of mobile virtualization is further segmented as retail, media & entertainment, manufacturing & supply chain management, IT & telecom, BFSI, healthcare & life sciences, public sector & education, and energy & utility. Last but not the least, based on organizations size the market of mobile virtualization is further segmented as small and medium-sized enterprises and large enterprise.
The large enterprises segment is projected to account for the largest share of the global mobile virtualization market. Mobile virtualization in large businesses is comparatively high as compared to SMEs owing to affordability and high economies of scale, which permits organizations to generate benefits of this tool. Moreover, as SMEs across the world have started understanding the importance of mobile virtualization, acceptance rate of mobile virtualization solutions is anticipated to increase constantly in SMEs during the forecast period.
On the basis of geography, the global mobile virtualization market is segmented into North America, Europe, Asia Pacific and rest of the world. North America is projected to account for the largest share of the global mobile virtualization market in 2016, due to the amplified use of mobile devices. The North America organization have swiftly adopted mobile virtualization solutions to emphasis on cost savings, improved service levels and increasing business flexibility. The Asia-Pacific mobile virtualization market is anticipated to increase at the highest CAGR during the forecast period.
Some of the notable players of the mobile virtualization market are IBM Corporation, VMware, Inc., CA Technologies, Oracle Corporation, Microsoft Corporation, Citrix Systems, Inc., Harman International Industries, Inc., AT&T, Inc., Blackberry Limited, Cellrox Pvt. Ltd., Red hat, Amazon, Google, Parallels, Nimboxx .Acquisition, merger, innovation and product launch are some of the key strategies adopted by the market players. For example: In February 2015, NIMBOXX acquired Virtual Bridges’ VERDE VDI business. Currently, NIMBOXX uses the VERDE VDI technology as a turnkey providing for virtual desktop workloads. similarly, in June 2016, Microsoft Corp. and LinkedIn Corporation announced that they have entered into a definitive agreement under which Microsoft will acquire LinkedIn for $196 per share in an all-cash transaction valued at $26.2 billion, inclusive of LinkedIn’s net cash.