Future Market Insights has released a market analysis report stating that the virtual mobile infrastructure market is expected to reach worldwide sales of US$ 155.7 million by 2023. Between 2023 and 2033, the market is projected to grow by 8.3%, reaching a worth of US$ 346.6 million. With a CAGR of 8.3%, services are expected to bring in the most money between 2023 and 2033.
The worldwide virtual mobile infrastructure market is expanding due to many causes including reduced hardware and operating costs, enhanced information security, and streamlined services for flexible work environments managed by a single control centre. A technique for keeping a portable device’s operational settings on the cloud is called virtual mobile infrastructure.
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.
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.
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).
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