Virtual Mobile Infrastructure Market is segmented By Component (Solution and Services), By Organization Size (Large Enterprises and Small and Medium-Sized Enterprises), and By Industry Vertical (Banking, financial services & insurance (BFSI), Information Technology (IT) & Telecom, Retail, Manufacturing, Government, Logistics, Energy & Utilities) and Region (United States, Canada, Mexico, South America, France, Germany, Italy, Spain, United Kingdom, Russia, China, India, Philippines, Malaysia, Australia, Austria, South Korea, Middle East, Japan, South Africa, Rest of World)
Virtual Mobile Infrastructure Market size was estimated at $100 billion in 2020 and is expected to reach $171 billion by 2028, growing at a CAGR of 8.2% during the forecast period of 2021 to 2028.
A virtual mobile infrastructure (VMI) is a mobile-centric technology that is designed to run on operating systems (OS) or a virtual network on a distant server. Virtual mobile infrastructure provides a delivery platform that is capable of executing mobile apps across all mobile devices without any need for application or operating system. Additionally, virtual mobile infrastructure safeguards mobile data and keeps an eye on user activity. Additionally, this delivery platform enables organizations to manage data more quickly and efficiently. This helps organizations to protect and manage access to business resources via bring-your-own-device (BYOD) or unmanaged commercial devices. Additionally, virtual mobile infrastructure enables organizations to provide simplified and centralized management of mobile applications.
The studies show major advancements in the virtual mobile infrastructure industry, as well as growth plans for organic and inorganic growth. Numerous businesses are concentrating their efforts on organic growth tactics such as product launches, approvals, and others like patents and events. The markets inorganic growth tactics include acquisitions and partnerships & collaborations. These initiatives cleared the ground for market participants to expand their business and client base. Market participants in the virtual mobile infrastructure market are expected to benefit from attractive growth prospects in the future, owing to the worldwide markets increasing need for virtual mobile infrastructure.
Virtual Mobile Infrastructure Market Growth and Trend
The drivers fueling the growth of the worldwide virtual mobile infrastructure market include improved data protection which protects employee privacy, decreased hardware and operational costs and simplified management of mobile workplaces via a single interface. Preventing loss of data due to physical device theft, streamlining IT operations, reducing in-house application development efforts, and increasing employee satisfaction all contribute to the worldwide virtual mobile infrastructure overall market growth.
The growing need for security, monitoring, and control of access to digital apps, as well as cost-effectiveness in app development, among small and medium enterprises (SMEs) and big businesses, is driving the virtual mobile infrastructure industry. Additionally, widespread adoption of bringing your own device (BYOD) by companies globally is likely to increase demand for virtual mobile infrastructure throughout the projected period. Furthermore, benefits associated with virtual mobile infrastructure, such as data loss prevention, decreased app development costs, cheaper operational expenditures, compliance, and encryption are likely to contribute to the markets growth.
Services are critical to the operation of various virtual mobile infrastructure platforms in the virtual mobile infrastructure market. Most market providers offer professional services to handle the VMI platforms implementation. For example, Sierraware, a market leader in security and virtual mobile infrastructure, unveiled its 5G virtual mobile technology based on edge computing in February 2019 in an opportunity to address the future demands of computing.
Virtual Mobile Infrastructure Market Segmentation
The virtual mobile infrastructure market is segmented by component, organization size, and industry vertical. Based on component, the market consists of solution and services. By organization size, the market is divided into small and medium enterprises (SME) and large enterprises. Based on industry vertical, the market is divided into automotive, Banking, financial services & insurance (BFSI), Information Technology (IT) & telecom, retail, manufacturing, government, logistics, energy & utilities.
Virtual Mobile Infrastructure Market Country Analysis
North America is regarded as a mature market for virtual mobile infrastructure applications, due to the regions large number of organizations, technological knowledge, and established IT infrastructure. The United States and Canada are the primary contributors to North Americas virtual mobile infrastructure industry growth. Europe is predicted to grow to be the second-largest market throughout the forecast period, owing to increased Internet penetration and the accessibility to smartphones. During the projected period, Asia-Pacific is predicted to be the quickest growing sector in the worldwide virtual mobile infrastructure market. China and Japans industries are likely to expand rapidly in the future years. Emerging startups in India and a few middle-east nations are likely to provide a little contribution to growth.
Virtual Mobile Infrastructure Market Share and Competition
The major players operating in the global virtual mobile infrastructure market are Intelligent Waves LLC, Trend Micro Incorporated, Workspot, Avast Software s.r.o., Sierraware, Pulse Secure, LLC, Nubo Inc., Space-O Technologies, Forcepoint LLC, JFG, Inc., Remotium, and Atlantis Computing, Inc.
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• Data breakdown for every market segment (2021 – 2028)
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Industry Segmentation and Revenue Breakdown
Component Type Analysis (Revenue, USD Million, 2021 - 2028)
Organization Size Analysis (Revenue, USD Million, 2021 - 2028)
• Large Enterprises
• Small and Medium-Sized Enterprises
Industry Vertical Analysis (Revenue, USD Million, 2021 - 2028)
• Banking, financial services & insurance (BFSI)
• Information Technology (IT) & Telecom
• Energy & Utilities
Region Analysis (Revenue, USD Million, 2021 – 2028)
• North America
o United States
• South America
o United Kingdom
• Asia Pacific
o South Korea
• Middle East
o GCC C ountries
o South Korea
• South Africa
• Rest of World
Virtual Mobile Infrastructure Market Companies
• Intelligent Waves LLC
• Trend Micro Incorporated
• Avast Software s.r.o.
• Sierraware, Pulse Secure, LLC
• Nubo Inc.
• Space-O Technologies
• Forcepoint LLC
• JFG, Inc.
• Atlantis Computing, Inc.
• United States Virtual Mobile Infrastructure Industry Research Report
• Europe Virtual Mobile Infrastructure Industry Research Report
• Asia Pacific Virtual Mobile Infrastructure Industry Research Report
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