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Global Virtual Mobile Infrastructure Market Size, Share, Trends, COVID-19 Impact & Growth Forecast Report – Segmented by Component (Platform and Services), Deployment Type (Cloud and On-Premises), Vertical (BFSI, Manufacturing, Healthcare, and Government), and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Industry Analysis (2024 to 2029)

Published: March, 2023
ID: 8699
Pages: 175
Formats: report pdf report excel report power bi report ppt

Global Virtual Mobile Infrastructure Market Size (2024 to 2029)

The global virtual mobile infrastructure market is predicted to reach USD 130 million in 2024 and USD 200 million by 2029, growing at a CAGR of 8.9% during the forecast period.

The virtual mobile infrastructure market is fast-growing. The global market for virtual mobile infrastructure is motivated primarily by a growing industry for smartphone adoption. Virtual mobile infrastructure enables companies to host their mobile apps on servers and offer custom remote access on any device. Implementing high-density virtual portable facilities enables a decrease in hardware and running expenses. Moreover, many companies emphasize the creation of a single implementation by all kinds of mobile devices. The virtual mobile infrastructure allows companies inclined to drive the industry to benefit from it.

VMI is a mobile software that operates mobile apps on a mobile OS / VM situated on a distant computer in an information center or a cloud. VMI offers the main advantages of zero information footprints on endpoints, improved information safety, information loss/leakage avoidance triggered by physical harm to endpoints, and the operation of multiple mobile OS at a single point. Only once mobile apps are accessed remotely from mobile devices such as smartphones, phones, and wearables does VMI extend the same principle of Virtualization infrastructure that enables VDI to operate desktop applications on desktop and mobile devices.  The development of the worldwide VMI industry is driven mainly by the increasing consumption of smartphones, increased employee productivity, and decreased hardware and running costs using VMI. A main limitation of the worldwide VMI industry is the compatibility of Android applications and technical problems.

Market research involves studying market trends and growth patterns and understanding the influence of variables like macro and microeconomic conditions and geopolitical and demographic conditions on the market value and market dynamics. The research methodology used to calculate and forecast the Video Wall market began by collecting information on the market key players' sales using multiple sources via secondary research. Supplier offers have been considered to identify market segmentation.

Global Virtual Mobile Infrastructure Market Drivers:

The growing demand for mobile applications to be protected, monitored, and monitored, as well as for price effectiveness in developing mobile applications between SMEs and big companies, drives demand for virtual mobile facilities. Moreover, BYOD is anticipated to fuel the requirement for virtual mobile infrastructure markets throughout the forecasted era through important acceptance among businesses worldwide. Furthermore, advantages such as data loss prevention, decreased application development costs, and operating costs are anticipated to lead to market growth, compliance, and encryption with virtual mobile infrastructure, among others. The installation of elevated-density mobile virtual infrastructure reduces hardware and operating costs. In addition, many companies emphasize the creation of a unique implementation that promotes all kinds of mobile devices. The virtual mobile infrastructure allows companies that are inclined to complement the industry to benefit from it. One of the major obstacles in the large-scale implementation of virtual mobile infrastructure platforms is a lack of understanding among businesses. The Virtual Mobile Infrastructure market is exponentially expanding owing to the increasing implementation of Virtual Mobile Infrastructure between multiple end-user sectors, and smartphone penetration has increased.

GLOBAL VIRTUAL MOBILE INFRASTRUCTURE MARKET REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2023 to 2029

Base Year

2023

Forecast Period

2024 to 2029

CAGR

8.9%

Segments Covered

By Component, Deployment Type, Vertical, and Region.

 

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

 

Market Leaders Profiled

Avast Software (Czech Republic), Trend Micro (Japan), Nubo (US), Sierraware (US), Raytheon (US), Fortinet (US), Genymobile (France), Prescient Solutions (US), Pulse Secure, Intelligent Waves, and Others.

 

This research report on the global virtual mobile infrastructure market has been segmented and sub-segmented based on the component, deployment type, vertical, and region.

Global Virtual Mobile Infrastructure Market - By Component:

The Virtual Mobile Infrastructure market is divided into Platform and Services based on component. The services segment is further divided into professional services and managed services. In the Virtual Mobile Infrastructure market, the platform’s functioning has a major contribution from services. To deploy a VMI platform, professional services are offered by a lot of the market vendors.

  • Platform
  • Services

Global Virtual Mobile Infrastructure Market - By Deployment Model:

Based on the development type, the global market for Virtual Mobile Infrastructure is segmented into Cloud and On-Premises. Cloud Computing has impacted every line of business and is one of the most effective technologies today. Due to its advantage of deploying cloud-based VMI platforms, the cloud segment is anticipated to show growth with the highest CAGR. Cloud involves a SaaS model, i.e., Software-as-a-Service VMI platforms that are accessed by users on the internet.

  • On-Premises
  • Cloud

Global Virtual Mobile Infrastructure Market - By Vertical:

  • BFSI
  • Manufacturing,
  • Healthcare
  • Government

Global Virtual Mobile Infrastructure Market - By Region:

  • North America
    • The United States
    • Canada
    • Rest of North America
  • Europe
    • The United Kingdom
    • Spain
    • Germany
    • Italy
    • France
    • Rest of Europe
  • The Asia Pacific
    • India
    • Japan
    • China
    • Australia
    • Singapore
    • Malaysia
    • South Korea
    • New Zealand
    • Southeast Asia
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Rest of LATAM
  • The Middle East and Africa
    • Saudi Arabia
    • UAE
    • Lebanon
    • Jordan
    • Cyprus

North America has the largest market share during the forecast period. In terms of technology adoption and infrastructure, the region is the most advanced. North America's BFSI, IT, and healthcare industries have been well developed, representing an important opportunity for VMI providers. Therefore, with its businesses, North America can implement VMI solutions to grow the productivity of its mobile workforce. The US and Canada represent the major share of North America.

KEY MARKET PARTICIPANTS:

The major companies operating in the global virtual mobile infrastructure market include Avast Software (Czech Republic), Trend Micro (Japan), Nubo (US), Sierraware (US), Raytheon (US), Fortinet (US), Genymobile (France), Prescient Solutions (US), Pulse Secure, and Intelligent Waves. The key players are developing new strategies, mergers and acquisitions, agreements, and partnerships to expand their business reach and drive revenue growth.

RECENT HAPPENINGS IN THE MARKET:

  • Sierra Ware announced a new 5G Virtual mobile solution in early 2019 that can offer features like 60fps game streaming, low latency access, and 60fps video streaming. This technology is made possible using edge computing supported by telecom operators.
  • Avast Software acquired AVG Technologies in mid-2016, which helped the company gain technological depth for developing new security solutions and scaling its security business. In 2017, they partnered with Chronicle, a subsidiary of Alphabet Inc., to focus more on effectively handling security threats and sharing security know-how.

 

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FAQ's

What are the primary challenges hindering the adoption of Virtual Mobile Infrastructure globally?

Some primary challenges include concerns regarding network bandwidth requirements for streaming applications, compatibility issues with certain applications, user experience concerns related to latency and responsiveness, and the need for robust network connectivity, particularly in remote or bandwidth-constrained regions.

What role does Virtual Mobile Infrastructure play in enabling workforce mobility and remote work?

Virtual Mobile Infrastructure enables workforce mobility and remote work by providing employees with secure access to corporate applications and data from anywhere, at any time, and from any device with an internet connection. This flexibility enhances productivity and allows organizations to adapt to changing work environments seamlessly.

How does Virtual Mobile Infrastructure address the issue of device fragmentation in the mobile ecosystem?

Virtual Mobile Infrastructure addresses device fragmentation by providing a consistent user experience across different device types and platforms. Since applications are streamed from remote servers, users can access them using various devices, regardless of their operating system or hardware specifications.

What are the key considerations for organizations looking to implement Virtual Mobile Infrastructure solutions?

Organizations considering the implementation of Virtual Mobile Infrastructure solutions should evaluate factors such as security features, scalability, compatibility with existing infrastructure and applications, network requirements, user experience, and the total cost of ownership. Additionally, partnering with experienced VMI solution providers and conducting thorough pilot testing can help ensure successful deployment and adoption.

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