Global Virtual Mobile Infrastructure Market Research Report: By Component [Platforms and Service (Professional Services and Managed Services)], Organization Size (Small and Medium Enterprises and Large Enterprises) Deployment (Cloud and On-Premise), Vertical (BFSI, Manufacturing, Government, IT & Telecommunication, Healthcare, Others) and Region (North America, Europe, Asia-Pacific, Middle East, and Africa and South America) - Forecast till 2027
ID: MRFR/ICT/7250-HCR | 110 Pages | Published By Ankit Gupta on April 2023
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Virtual Mobile Infrastructure Market
The virtual mobile infrastructure market was valued at USD 3.3 Billion in 2020 and is expected to register a CAGR of 8.20% during the forecast period.
$3.3 Billion
8.20%
North America
2022-2030
Virtual Mobile Infrastructure Market Synopsis:
Virtual Mobile Infrastructure Market was valued at USD 3.3 Billion in 2030 and is expected to register a CAGR of 8.20% 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.
Industry News of Virtual Mobile Infrastructure Market
- February 2023- Virgin Mobile Middle East and Africa (VMMEA), a mobile virtual network operator with operations within the United Arab Emirates, Saudi Arabia, Oman, and Kuwait, has been bought by Beyond ONE. The latter is known under the trademarks Virgin Mobile & Friendi Mobile. A recent division of the Priora Management Holding Dubai is called Beyond ONE. The transaction marks the company's debut as Beyond ONE, which specializes on investments in technology, media, and telecommunications. Markus Tagger, the CEO of Beyond ONE Group, and Swiss billionaire Remo Stoffel are the owners of Priora Management Holding Dubai. They will do everything in their ability to sustain the great brand equity and high levels of confidence that Virgin Mobile & Friendi Mobile both enjoy from their clients, partners, and staff. The acquisition affirms the most recent data on worldwide M&A activities for the industry and demonstrates confidence in the TMT sector's sustained development potential in the region.
Virtual Mobile Infrastructure Market Segmentation:
- 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.
Virtual Mobile Infrastructure Market Regional Analysis: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.
Virtual Mobile Infrastructure Market Competitive 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.
Virtual Mobile Infrastructure Market Key Players: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.
Intended Audience:
- Virtual Mobile Infrastructure Platform Providers
- Value-added resellers (VARs)
- System Integrators (SIs) and aggregators
- IT managers
- Application\Platform End-Users
- Research consultants
Report Scope:
| Report Attribute/Metric | Details |
|---|---|
| Market Size | USD 3.3 Billion (2030) |
| CAGR | 8.20% (2022-2030) |
| Base Year | 2021 |
| Forecast Period | 2022-2030 |
| Historical Data | 2020 |
| Forecast Units | Value (USD Million) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | By Component, Deployment |
| Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
| Key Vendors | 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). |
| Key Market Opportunities | 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. |
| Key Market Drivers | The large-scale utility of virtual mobile infrastructure in the IT sector can prompt the growth of the virtual mobile infrastructure market. |
Frequently Asked Questions (FAQ) :
The virtual mobile infrastructure market can thrive at 8.20% CAGR by 2030.
The virtual mobile infrastructure market is expected to grow by USD 3.3 Billion.
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.
The mobile applications are accessed remotely from mobile devices such as tablets, smartphones, and other mobile devices.
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.
