The United States is expected to be the largest market of US$110.4 million by the end of 2032. The use of personal handsets and gadgets for business and enterprise demand to promote staff productivity is one of the main reasons for the growing demand for VMI. .
NEWARK, DE /ACCESSWIRE/September 15, 2022/ The mobile virtual infrastructure market revenue was estimated at US$134 million in 2021 and is projected to grow at a CAGR of 8.1% from 2022 to 2032, according to a recently released Future Market Insights report. By the end of 2032, the market is expected to reach a valuation of US$316.6 million. The market value is expected to grow by nearly US$145.9 million in 2022.
Some of the factors driving the growth of the global mobile virtual infrastructure market include improved information security, cheaper hardware and running costs, and simplified services of flexible working environment through a single control center. Mobile virtual infrastructure is a method of storing the working configuration of a portable device in the cloud. When the virtualized infrastructure is installed, the application starts running on a central server virtual machine.
During the forecast period, the mobile virtual network operator market is likely to be driven by increased data usage and value-added offerings such as online broadcasts and M-commerce based services. The increased adoption of smartphones and the resulting increase in the number of mobile subscribers are expected to significantly boost the development of the industry.
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Mobile virtual network providers offer a wide range of consumer demands, however, they do not control the entire radio frequency infrastructure or license. It improves security by removing the need for employees to download a mobile app or keep sensitive company data on their mobile devices, such as smartphones and tablets. Additionally, mobile virtual infrastructure allows administrators to centrally configure and deploy multiple mobile workstations for their employees, making mobile workstation administration simple and efficient.
“Increased use of data and value-added services such as online broadcasts and M-commerce based services are driving the market for services in virtual mobile infrastructure.” comments an analyst from Future Market Insights.
Lebara Group, Lyca Mobile, TalkTalk Group, Giffgaff, Poste Mobile SpA, Virgin Mobile and TracFone Wireless Inc. are the major players in the mobile virtual infrastructure market.
Some of the key developments in the mobile virtual infrastructure market include:
- In October 2021, Avast Safe Browser PRO, a premium edition of their secure browser, was introduced by Avast, the company behind one of the most popular antivirus programs.
- In September 2021, Trend Micro Incorporated launched a new secure room for Indian cloud users. Being sovereign and private will help the country store data securely within it.
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Future Market Insights, in its new offering, presents an unbiased analysis of the Mobile Virtual Infrastructure market, showcasing historical market data (2015-2021) and forecast statistics for the period 2022-2032.
The study reveals significant growth in the mobile virtual infrastructure market in terms of components (platforms, services), deployment type (cloud, on-premises) and vertical (BFSI, healthcare, manufacturing, IT and telecommunications, government, other), across five regions (North America, Latin America, Europe, Asia-Pacific and Middle East & Africa).
Market segments covered in Mobile Virtual Infrastructure Market analysis
By type of deployment:
- Health care
- IT and Telecom
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1.1. Global Market Outlook
1.2. Summary of statistics
1.3. Key Market Features and Attributes
1.4. Analysis and recommendations
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limits
3. Assessment of risks and market trends
3.1. Risk assessment
3.2. Key trends impacting the market
3.3. Formulation and product development trends
4. Market context
4.1. Mobile Virtual Infrastructure Management Market, By Key Countries
4.2. Mobile Virtual Infrastructure Management Market Opportunity Assessment (US$ Million)
4.3. Market Scenario Forecast
4.4. Investment Feasibility Analysis
5. Key success factors
5.1. Manufacturers’ focus on low-penetration, high-growth markets
5.2. Bet on Segments High Incremental Opportunity
The table of contents continues..!
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