Virtual Mobile Infrastructure Market by Component (Platforms and Services), By Deployment (Cloud and On-premises), By Vertical (Banking and Financial Industry, Healthcare, Manufacturing, and Government), and By Region - Global Opportunity Analysis and Industry Forecast, 2020 – 2030

Virtual Mobile Infrastructure (VMI) is a mobile base technology in which mobile operating system is hosted in a data center and is provided to a mobile device. According to research study, the market is estimated to grow with a CAGR of 8.3% during the prediction timeline. Some of the factors contributing to the high demand of the product are ability to prevent of loss of data from stealing, reduce operating and hardware expenses, support abroad range of android applications and others are responsible for the increase growth of the market. Furthermore, due to its ability to securely access corporate data with lesser complexity it is more preferred than other similar forms of technology. The global VMI market size accounted USD 122.4 MN in 2020 and is estimated to reach 271.6 MN by 2030.

Market Segmentation:

Virtual mobile infrastructure market is segmented as follows: On the basis of components the market is classified into platform, and services. Furthermore, based on deployment type the market is categorized into cloud, and on-premises. Additionally, by vertical the VMI market is grouped into banking and financial industry, healthcare, manufacturing and government. Moreover, by geography the VMI market is divided into North America, Europe, Asia Pacific, and RoW.

Market Dynamics and Factors:

The need to increase productivity of an employee is one of the major driving factor for the growth of the VMI market. This is because an employee will be able to access data and information securely with their mobile devices which will increases their level of productivity. Android application compatibility and technical issues is one of the major restraining factor for the market VMI growth. Increase security using VMI act as an immense opportunity for the growth of the VMI market. Moreover, GMS certification and compatibility requirements act as one of the major challenge for VMI market growth.

Geographic Analysis:

North America is the number revenue creator and is expected to continue during the coming years. High mobile penetration and adoption of 5G technology act as the major factor for the VMI market growth in this region. This is due to presence large number of IOS users and early adoption of 5G technology in this region. Additionally, due the adoptability of change in technology in this is also one of the key factor which is resulting to the VMI market growth in this region.   Europe is the second dominating region and some of the factors contributing to the growth of market in this region are expansion of cellular network coverage, large scale of high speed internet users, corporation search way to improve the productivity of the employees and others are responsible for  increases the growth of VMI Market in this region. Additionally, Europe is highly concern about the security of their data and Virtual Mobile Infrastructure has the ability to provide high level of security which is needed in this region and this is why having a good security in VMI plays a huge role for the growth of market in this region.

Competitive Scenario:

The key players operating in VMI industry are:

Trend Micro, Avast, Sierraware, Nubo, Intelligent Waves LLC. Pulse Secure, Raytheon,Prescient Solutions,Fortinet, and Genymobile.     

Virtual Mobile Infrastructure Market Report Scope