According to a recently published market study report by Future Market Insights, the virtual mobile infrastructure market had global sales of US$ 155.7 million in 2023. The market is anticipated to increase by 8.3% between 2023 and 2033, reaching a valuation of US$ 346.6 million. Services are predicted to generate the highest amount of revenue between 2023 and 2033, with a CAGR of 8.3%.
Some of the factors driving the growth of the global Virtual Mobile Infrastructure Market include improved information security, cheaper hardware and running costs, and simplified services of the flexible work environment through a single control center. Virtual Mobile Infrastructure is a method of storing the working configuration of a portable device in the cloud. When virtualized infrastructure is installed, the application begins to run on a virtual machine in the central server.
Over the forecast period, the market for mobile virtual network operators is likely to be driven by the increased usage of data and value-added offerings such as online broadcasts and M-commerce-based services. Increased smartphone adoption and the resulting increase in mobile subscriber base are expected to significantly boost to industry development.
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Mobile virtual network providers offer a wide range of consumer demands, however, they do not control the whole infrastructure or radio frequency 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. Furthermore, virtual mobile infrastructure enables administrators to centrally set up and deploy multiple mobile workplaces to their employees, making mobile workplace administration simple and efficient.
“The increased usage of data and value-added services such as online broadcasts and M-commerce based services is boosting the market for services in Virtual Mobile Infrastructure.” comments a Future Market Insights analyst.
Competitive Landscape
Lebara Group, Lyca Mobile, TalkTalk Group, Giffgaff, Poste Mobile SpA, Virgin Mobile, and TracFone Wireless Inc. are the key players in the virtual mobile infrastructure market.
Some of the key developments in the virtual mobile infrastructure market include:
- In October 2021, Avast Safe Browser PRO, a premium edition of their safe browser, has been introduced by Avast, the company behind one of the most popular antivirus programs.
- In September 2021, Trend Micro Incorporated, launched a new safe room for Indian cloud users. To be sovereign and private, will assist the country in storing data securely within it.
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More Insights Available
Future Market Insights, in its new offering, presents an unbiased analysis of the Virtual Mobile Infrastructure Market, presenting historical market data (2015-2021) and forecast statistics for the period of 2022-2032.
The study reveals extensive growth in Virtual Mobile Infrastructure Market in terms of Component (Platforms, Services), Deployment Type (Cloud, On-premises), and Vertical (BFSI, Healthcare, Manufacturing, IT and Telecom, Government, Others), across five regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa).
Market Segments Covered in Virtual Mobile Infrastructure Market Analysis
By Component:
- Platforms
- Services
By Deployment Type:
- Cloud
- On-premises
By Vertical:
- BFSI
- Healthcare
- Manufacturing
- IT and Telecom
- Government
- Others
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