Global Virtual Mobile Infrastructure Market to Grow at a CAGR of 9% for the Forecast Period of 2024-2032

With the advent of technology, the demand for the protection and control of mobile applications has increased, which has consequently led to the growth of the global virtual mobile infrastructure market. The market is also being aided by the cost-efficiency of the virtual mobile infrastructure, which is being increasingly adopted by small and medium-sized enterprises. The benefits of the virtual mobile infrastructure are that it helps in decreasing the operating expenses, helps prevent data loss, and provides compliance and encryption. These factors are anticipated to propel the virtual mobile infrastructure market forward. The substantial increase in the adoption of BYOD across organisations is also expected to give a boost to the market growth.

Raytheon (NYSE: RTN) and Avast Software are some of the major players in the market. The expansion of the product portfolios and innovations in the product by the key players is expected to propel the growth of the market. In February 2020, Sierraware announced a new 5G Virtual Mobile solution, for which it had used edge computing in cooperation with other telecom operators. The 5G VMI offers 60 FPS (Frames Per Second) game streaming, video streaming, and low latency access.

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Market Breakup by Component, Deployment Type, Application, and Region:

• By component, the market can be divided into software and service.
• On the basis of deployment type, the market can be bifurcated into cloud and on-premises.
• On the basis of applications, the industry can be divided into banking, financial services, and insurance, healthcare, manufacturing, IT and telecom, government, and other sectors.
• Regionally, the market is segmented into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

• The ability of virtual mobile infrastructure to safeguard important data is anticipated to drive the market growth.
• The constantly increasing need for the protection and control of mobile applications has opened new avenues for the market to grow multifold.
• Considerable growth in the adoption of BYOD can be anticipated to provide a further impetus for the market growth.

Key Offerings of the Report:

• The EMR report gives an overview of the global virtual mobile infrastructure market for the periods of (2018-2023) and (2024-2032).
• The report also offers the historical (2018-2023) and forecast (2024-2032) markets for components, deployment methods, applications, and the major regions of virtual mobile infrastructure.
• The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

The major players in the virtual mobile infrastructure market are Trend Micro, Avast Software, Intelligent Waves, Pulse Secure, Raytheon, Prescient Solutions, and others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

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