Virtual Mobile Infrastructure Services with over 8.3% CAGR to Trigger the Market Growth, Mentions Future Market Insights

Virtual Mobile Infrastructure Market

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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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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