According to a new report, published by KBV research, The Global Mobile Virtualization Market size is expected to reach $17.4 billion by 2028, rising at a market growth of 21.0% CAGR during the forecast period.
The Hypervisor market is showcasing a CAGR of 19.9% during the forecast period. By allowing physical host computers to run many virtual machines as guests and so optimize computational resources like memory, bandwidth, CPU cycles, etc., hypervisors are designed to promote virtualization. Because they guarantee that Virtual Machines (VMs) stay conceptually independent from one another, hypervisors are crucial.
The Large Enterprises market is leading the segment in the Global Mobile Virtualization Market by Organization Size in 2021; thereby, achieving a market value of $12.5 billion by 2028. Due to cost-effectiveness and security benefits, large enterprises have always shown a larger interest in adopting mobile virtualization technology. However, the COVID crisis and the subsequent economic uncertainty caused by the pandemic have persuaded small businesses and even start-ups to choose virtualization.
The Telecom & IT market is exhibiting a CAGR of 18.7 % during the forecast period. Providers of telecommunications services are crucial to providing gigabit-level access to the cloud and megabit-level connectivity to mobile devices that are about to become significantly virtual. This enormous change will have an effect that is just as significant as the arrival of mobility in the era of fixed-line Internet.
The North America market dominated the Global Mobile Virtualization Market by Region in 2021; thereby, achieving a market value of $6.5 billion by 2028. The Europe market is anticipated to grow at a CAGR of 20.5% during (2022 - 2028). Additionally, The Asia Pacific market would witness a CAGR of 22.1% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/mobile-virtualization-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Blackberry limited, Broadcom, Inc., IBM Corporation, Microsoft Corporation, Oracle Corporation, AT&T, Inc., Samsung Electronics Co., Ltd., VMware, Inc. and Cellrox Ltd.
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