SHERIDAN, NY, UNITED STATES, August 17, 2022 /EINPresswire.com/ -- According to the latest report by IMARC Group, titled “Mobile Virtualization Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global mobile virtualization market size reached US$ 4.0 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 11.1 Billion by 2027, exhibiting a growth rate (CAGR) of 19% during 2022-2027.

Industry Overview and Application:

Mobile virtualization represents an advanced solution that enables various personas on a single mobile device by hosting heterogeneous operating systems (OSs) concurrently. It allows OS software stacks without compromising the real-time characteristics of virtualized hardware. Mobile virtualization minimizes software porting costs while facilitating the coexistence of new and legacy OS. It lets users to conveniently and collaboratively deposit checks and perform other services. Consequently, mobile virtualization is gaining traction across the banking, financial services, and insurance (BFSI) sector. Presently, it is extensively utilized to virtualize diverse systems, such as consumer electronics, tablets, smartphones, etc., and critical embedded systems, including automobiles and control devices.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report. The mobile virtualization industry is segmented by size and region. The report provides an analysis of the key trends in each sub-segment of the market, along with forecasts at the global and regional level from 2022-2027. The report also includes competitive landscape of major key players in the industry along with emerging trends in the mobile virtualization market.

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Mobile Virtualization Market Trends and Drivers:

• The inflating need for protecting personal information, such as emails and passwords is primarily driving the mobile virtualization market.

• The escalating demand for centralized data and flexibility to manage the large workforce remotely and effectively is further catalyzing the market growth.

• The widespread adoption of mobile virtualization that offers improved IT efficiency and business continuity is acting as another significant growth-inducing factor.

• The emerging trend of bring your own devices (BYOD) is also positively influencing the global market.

• The growing utilization of cloud-based solutions and the rising integration of advanced technologies, including artificial intelligence (AI) and machine learning (ML), are anticipated to fuel the mobile virtualization market over the forecasted period.

Mobile Virtualization Market 2022-2027 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the global mobile virtualization market has been studied in the report with the detailed profiles of the key players operating in the market.

Mobile Virtualization Market key players include:

• Blackberry Limited
• Broadcom Inc.
• Citrix Systems Inc.
• International Business Machine Corporation
• Microsoft Corporation
• Oracle Corporation
• Samsung Electronics Co. Ltd.
• Toshiba Corporation
• VMware Inc. (Dell Technologies Inc)

Mobile Virtualization Market Segmentation:

The report has segmented the global mobile virtualization market on the basis of technology, organization size, industry vertical and region.

Breakup by Technology:

• Hypervisor
• Application Containers
• Mobile Device Management
• Others

Breakup by Organization Size:

• Large Enterprises
• Small and Medium Enterprises

Breakup by Industry Vertical:

• IT and Telecom
• Construction and Manufacturing
• BFSI
• Healthcare
• Public Sector
• Retail
• Education
• Others

Breakup by Region:

• North America
• Asia-Pacific
• Europe
• Latin America
• Middle East and Africa

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Key Highlights of the Report:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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