The global Virtual Mobile Infrastructure market accrued earnings worth approximately USD 100 Billion in 2019 and is predicted to gain revenue of about USD 171 Billion by 2026, is set to record a CAGR of nearly 8.2% over the period from 2020 to 2026.
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A virtual mobile infrastructure is a system that is controlled by mobile devices and operates mobile applications on the operating systems of smartphones or mobile devices, as well as virtual machines that are located on remote servers. Additionally, this facilitates the development of virtual equipment that is located in the data center and can be accessed via a thin client application on smartphone terminals. VMI, or virtual mobile infrastructure, enables the effortless access of smartphone applications from remote locations via devices such as tablets, wearables, smartphones, and phablets.
The virtual mobile infrastructure market’s development has been significantly impacted by the increase in smartphone penetration during the assessment period. Furthermore, the virtual mobile infrastructure industry will experience significant growth in the years ahead due to the significant demand from businesses to increase employee productivity and to reduce hardware and operational costs through the implementation of virtual mobile infrastructure. In addition, the market size will be further augmented by the growing prominence of integrated and smart systems, as well as the geometric increase in smartphone usage worldwide over the next few years.
Additionally, the end-user’s acquisition of secure and effective video streaming and the simple access to a variety of applications on the Android OS will create new opportunities for industry participants to expand in the years ahead. Additionally, the expansion of the market in the near future will be facilitated by the widespread adoption of BYOD by numerous organizations. Furthermore, the market will be expanded in the years ahead as a result of the prevention of information loss, the reduction in app development prices, the necessity of reducing hardware and operational costs, and the necessity for encryption and compliance due to high-security concerns.
Nevertheless, the future of business expansion may be jeopardized by the lack of awareness of virtual mobile infrastructure among small and medium-sized businesses. It appears that the market growth will be impeded in the future years by the activities of large cloud orchestration and smartphone equipment management.
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The Global Virtual Mobile Infrastructure Market is segmented based on product, application and region
Global Virtual Mobile Infrastructure Market: Product Segment Analysis
● Software
● Services
Global Virtual Mobile Infrastructure Market: Application Segment Analysis
● Banking, financial services & insurance (BFSI)
● Information Technology (IT) & Telecom
● Retail
● Manufacturing
● Government
● Logistics
● Energy & Utilities
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The global Virtual Mobile Infrastructure market profiles key players such as:
● Intelligent Waves LLC
● Trend Micro Incorporated
● Workspot
● Avast Software s.r.o.
● Sierraware
● Pulse Secure LLC
● Nubo Inc.
● Space-O Technologies
● Forcepoint LLC
● JFG Inc.
● Remotium
● Atlantis Computing Inc
The Asia Pacific industry is expected to experience optimal growth between 2020 and 2026.
The anticipated timeline for the growth of the virtual mobile infrastructure market in the Asia Pacific region may be affected by the presence of a significant number of firms that have adopted or established virtual mobile infrastructure. The regional market size will be further bolstered by the presence of entrepreneurs in countries such as China and India.
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