ID: MRFR/ICT/7250-HCR | February 2021 | Region: Global | 110 pages
Global Virtual Mobile Infrastructure Market was valued at USD 116.3 Million in 2019 and is expected to register a CAGR of 9.3% during the forecast period.
Virtual mobile infrastructure is a technology that enables a mobile application to run on a virtual machine or operating system located in remote areas. It allows centralized applications to run on a secure host that is housed in the data center instead of the device itself. The mobile applications are accessed remotely from mobile devices such as tablets, smartphones, and other mobile devices. The major driving factor for the growth of the virtual mobile infrastructure market is the increase in the utilization of mobile devices and the reduction in the hardware and operating costs using virtual mobile infrastructure technology. Also, the increasing use of BYOD among the various enterprises across the globe is contributing significantly to the growth of the virtual mobile infrastructure market. The increasing number of small- and medium-sized enterprises and the increasing security with the use of virtual mobile infrastructure are expected to propel the market growth during the forecast period. However, the connectivity and compatibility issues with various android applications are expected to hamper the growth of the market during the forecast period.
The Global Virtual Mobile Infrastructure Market has been segmented based on Component, Deployment, Organization Size, Vertical, and Region/Country.
By Component, the global virtual mobile infrastructure market has been divided into platforms and service. The service segment has been broken down into two sub-segments: professional services and managed services.
Based on Deployment, the global virtual mobile infrastructure market has been divided into cloud and on-premise.
Based on Organization Size, the global virtual mobile infrastructure market has been divided into small- and medium-sized enterprises (SMEs) and large enterprises.
On the basis of vertical, the global virtual mobile infrastructure market has been divided into BFSI, manufacturing, healthcare, IT and telecommunication, government, and others.
The Global Virtual Mobile Infrastructure Market has been analyzed for five regions—North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.
The Global Virtual Mobile Infrastructure Market is estimated to register a CAGR of 9.3% over the forecast period. The geographic analysis of the global virtual mobile infrastructure market has been done for North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.
North America accounted for the largest market share due to the growing use of smartphones and the increasing implementation of virtual mobile infrastructure across small- and medium-sized enterprises. The US leads the market in North America, followed by Canada and Mexico due to the early adoption of technology and the growing number of smartphone users.
Europe is expected to be the second-largest market during the review period due to rising Internet penetration and the increasing availability of smart devices. Asia-Pacific is expected to be the fastest-growing regional segment in the global virtual mobile infrastructure market during the forecast period. The markets in China and Japan are expected to grow at a fast pace in the coming years.
Source: MRFR Analysis
The Global Virtual Mobile Infrastructure Market is registering high growth due to the need to increase employee productivity. Major players are partnering with enterprises as a part of their inorganic strategy and launching new products as a part of their key organic growth strategy to enhance their position in the market and cater to the demands of end-users across verticals. For instance, in February 2019, Sierraware, a leading company in security and virtual mobile infrastructure has launched and demonstrated its 5G virtual mobile technology using edge computing in an attempt to solve the future demands of mobile computing. In November 2017, Intelligent Waves LLC has acquired the virtual mobile infrastructure technology and the related intellectual property of the Hypori, Inc. With the acquisition, the company has developed its SPECTER capabilities. The virtual platform from Hypori, Inc. will provide protected and secure cloud-based functional control, command, and mobility to governments around the world.
The Key Players in the Global Virtual Mobile Infrastructure Market are identified based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise. These include Trend Micro (Japan), Raytheon (US), Nubo (US), Pulse Secure (US), Avast Software (Czech Republic), Prescient Solutions (US), Sierraware (US), Fortinet (US), Forcepoint (US), Intelligent Waves (US), and Genymobile (France). The key strategies adopted by most of the players are partnerships, agreements, and collaborations.
Frequently Asked Questions (FAQ) :
The virtual mobile infrastructure market can thrive at 9.3% CAGR by 2025.
The virtual mobile infrastructure market can value at USD 198.2 Mn by 2025.
Fortinet (US), Sierraware (US), Intelligent Waves (US), Forcepoint (US), and Genymobile (France) are some reputed names in the virtual mobile infrastructure market.
The large-scale utility of virtual mobile infrastructure in the IT sector can prompt the growth of the virtual mobile infrastructure market.
The high number of registered smartphone ownerships can boost the growth of the North America virtual mobile infrastructure market.