PUBLISHER: IMARC | PRODUCT CODE: 1541114
PUBLISHER: IMARC | PRODUCT CODE: 1541114
The global mobile virtualization market size reached US$ 5.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 22.5 Billion by 2032, exhibiting a growth rate (CAGR) of 16% during 2024-2032.
Mobile virtualization enables multiple personas on a single mobile device by hosting heterogeneous operating systems (OSs) concurrently. It also allows OS software stacks without compromising the real-time characteristics of a virtualized hardware. It reduces software porting costs while facilitating the coexistence of new and legacy OS. At present, it is widely used for the virtualization of diverse systems, such as consumer electronics, tablets and smartphones, and critical embedded systems like automobiles and control devices. In addition, a significant increase in the processing and memory resources of mobile devices is resulting in expanding research in the field of mobile virtualization.
A significant rise in mobile phone users, along with the surging need for protecting personal data, such as emails, photos, and passwords, represents one of the major factors positively influencing the demand for mobile virtualization. Moreover, enterprises around the world are increasingly adopting mobile virtualization as it offers improved IT efficiency and business continuity. In addition to this, the escalating demand for centralized data and flexibility to manage data and the large workforce remotely and effectively is fueling the market growth. Apart from this, the rising adoption of cloud-based solutions and the integration of emerging technologies, such as artificial intelligence (AI) and machine learning (ML), is driving the market. The growing popularity of bring your own devices (BYOD), coupled with the growing need to separate personal and work data, is also contributing to the growth of the market. Furthermore, mobile virtualization is gaining traction in the banking, financial services, and insurance (BFSI) sector as it allows users to conveniently and collaboratively deposit checks and perform other services.
IMARC Group provides an analysis of the key trends in each sub-segment of the global mobile virtualization market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on technology, organization size, and industry vertical.
Hypervisor
Application Containers
Mobile Device Management
Others
Large Enterprises
Small and Medium Enterprises
IT and Telecom
Construction and Manufacturing
BFSI
Healthcare
Public Sector
Retail
Education
Others
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The competitive landscape of the industry has also been examined along with the profiles of the key players being Blackberry Limited, Broadcom Inc., Citrix Systems Inc., International Business Machine Corporation, Microsoft Corporation, Oracle Corporation, Samsung Electronics Co. Ltd., Toshiba Corporation and VMware Inc. (Dell Technologies Inc).