Virtual Mobile Infrastructure Market by Component (Platforms and Services), Deployment Type (Cloud and On-premises), Vertical (BFSI, Healthcare, Manufacturing, and Government), and Region (North America, Europe, APAC, and RoW) - Global Forecast to 2024
[101 Pages Report] The Virtual Mobile Infrastructure market is expected to grow from USD 113 million in 2019 to USD 173 million by 2024, at a Compound Annual Growth Rate (CAGR) of 8.9% during the forecast period. Increase in smartphone penetration is the key driver for the Virtual Mobile Infrastructure market. The fast-growing use of smartphones and innovations in mobile devices are making it easier to integrate and implement enterprise/business solutions across mobile devices. Personal mobile devices are being used for business and corporate requirements to enhance employee productivity.
Services segment to record the highest CAGR during the forecast period
The services segment of the market has been subsegmented into professional services and managed services. In the virtual mobile infrastructure market, services play a vital role in the functioning of various virtual mobile infrastructure platforms. Most of the market vendors offer professional services to manage the deployment of virtual mobile infrastructure platform. These services ensure faster and smoother implementation, which maximizes the value of enterprise investments. Services have become an integral part of platforms as they also address pre and post-deployment queries of virtual mobile infrastructure further accelerating the adoption of services segment during the forecast period.
Cloud segment to grow at the highest CAGR during the forecast period
Cloud computing is one of the most effective technologies today, and it has impacted every line of business. Cloud-based solutions involve Software-as-a-Service (SaaS) model, in which users can access Software-as-a-Service virtual mobile infrastructure platforms virtually, through the internet. In this deployment type, virtual mobile infrastructure platforms are delivered via the cloud. The cloud segment is expected to grow at the highest CAGR owing to the advantages of deploying cloud-based virtual mobile infrastructure platforms, which include flexibility, scalability, affordability, operational efficiency, and low IT-related costs. However, cloud-deployed virtual mobile infrastructure platforms have certain shortcomings, such as lack of control over applications, strict government regulations, and private content.
North America to hold the largest market size in 2018
North America has a high number of unique mobile subscribers; hence, North American businesses can efficiently implement virtual mobile infrastructure solutions to enhance the productivity of the mobile workforce. According to the report Mobile Economy North America 2018, published by GSMA, unique mobile subscribers in North America exceeded 300 million, accounting for 84% of the population, by the end of 2017. With a high number of unique mobile subscribers, North America represents significant growth opportunities for virtual mobile infrastructure vendors. The US and Canada are the countries considered in the North American region in the virtual mobile infrastructure industry.
Key Market Players
In the virtual mobile infrastructure (VMI) market, the key players include Trend Micro (Japan), Avast Software (Czech Republic), Sierraware (US), Nubo (US), Intelligent Waves (US), Pulse Secure (US), Raytheon (US), Prescient Solutions (US), Fortinet (US), and Genymobile (France). These players have adopted various strategies to grow in the global virtual mobile infrastructure markets. They have adopted organic and inorganic strategies, such as new product launches and product enhancements, mergers and acquisitions, as well as agreements and partnerships to expand their business reach and drive their business revenue growth.
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Scope of the Report
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Report Metrics |
Details |
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Market size available for years |
2017–2024 |
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Base year considered |
2018 |
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Forecast period |
2019–2024 |
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Forecast units |
Million (USD) |
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Segments covered |
Component, Deployment Type, Vertical, and Region |
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Geographies covered |
North America, APAC, Europe and RoW |
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Companies covered |
Trend Micro (Japan), Avast Software (Czech Republic), Sierraware (US), Nubo (US), Intelligent Waves (US), Pulse Secure (US), Raytheon (US), |
This research report categorizes the virtual mobile infrastructure market based on component, deployment type, vertical, and region.
Based on the Component, the market has the following segments:
- Platforms
- Services
Based on the Deployment Type, the virtual mobile infrastructure market has the following segments:
- Cloud
- On-premises
Based on the Vertical, the market has the following segments:
- BFSI
- Healthcare
- Manufacturing
- IT and Telecom
- Government
- Others (defense, travel and hospitality, education, and retail)
Based on the Region, the virtual mobile infrastructure market has the following segments:
- North America
- Europe
- APAC
- RoW (Latin America, and Middle East & Africa)
Recent Developments
- In February 2019, Sierraware unveiled new 5G Virtual Mobile solutions using edge computing in cooperation with telecom operators. Sierraware highlighted the benefits that 5G virtual mobile infrastructure can offer, such as 60 FPS (Frames Per Second) game streaming, video streaming, and low latency access. This helped Sierraware increase its customer base.
Frequently Asked Questions (FAQ):
How big is the Virtual Mobile Infrastructure Market?
What is the Virtual Mobile Infrastructure Market growth?
What is virtual mobile infrastructure?
Which vertical of the global virtual mobile infrastructure market expected to witness the highest growth?
Who are the key players operative in the global market?
What are the top trends in virtual mobile infrastructure market?
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Table of Contents
1 Introduction (Page No. - 14)
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Market Segmentation
1.3.2 Regions Covered
1.4 Years Considered for the Study
1.5 Currency Considered
1.6 Stakeholders
2 Research Methodology (Page No. - 17)
2.1 Research Data
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Breakup of Primary Profiles
2.1.2.2 Key Industry Insights
2.2 Market Breakup and Data Triangulation
2.3 Market Size Estimation
2.3.1 Top-Down Approach
2.3.2 Bottom-Up Approach
2.4 Market Forecast
2.5 Assumptions for the Study
2.6 Limitations of the Study
3 Executive Summary (Page No. - 24)
4 Premium Insights (Page No. - 29)
4.1 Attractive Opportunities in the Virtual Mobile Infrastructure Market
4.2 Market in North America, By Component and Country
4.3 Market Major Countries
5 Market Overview and Industry Trends (Page No. - 31)
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increase in Smartphone Penetration
5.2.1.2 Need to Increase the Productivity of Employees
5.2.1.3 Reduced Hardware and Operating Cost Using Virtual Mobile Infrastructure
5.2.2 Restraints
5.2.2.1 Android Application Compatibility and Technical Issues
5.2.3 Opportunities
5.2.3.1 Increased Security Using Virtual Mobile Infrastructure
5.2.3.2 Availability of A Large Number of Android Apps
5.2.3.3 Efficient and Secure Video Streaming
5.2.4 Challenges
5.2.4.1 Gms Certification and Compatibility Requirements
5.2.4.2 Connectivity Issues
5.3 Industry Trends
5.3.1 Virtual Mobile Infrastructure Architecture
5.3.2 Regulatory Implications
5.3.2.1 Health Insurance Portability and Accountability Act
5.3.2.2 Federal Information Security Management Act
5.3.2.3 Federal Information Processing Standards
5.3.2.4 Children’s Online Privacy Protection Act
5.3.2.5 Children's Internet Protection Act
5.3.2.6 The Personal Data (Protection) Bill, 2013—India
5.3.2.7 Data Protection Act 1998—UK
5.3.2.8 IT Security Act—Germany
6 Virtual Mobile Infrastructure Market By Component (Page No. - 37)
6.1 Introduction
6.2 Platforms
6.2.1 Increased Penetration of Smartphones, Supportive Byod and Cyod Policies of the Organizations, and Organizational Need to Enhance Productivity of Mobile Workforce to Drive the Adoption of Virtual Mobile Infrastructure Platforms
6.3 Services
6.3.1 Professional Services
6.3.1.1 Training and Consulting
6.3.1.1.1 Demand to Ensure Effective Utilization of Virtual Mobile Infrastructure Features to Drive Growth of Training and Consulting Services
6.3.1.2 System Integration and Deployment
6.3.1.2.1 Need to Plan Integrate Virtual Mobile Infrastructure Platforms With Existing It Resources to Address Customer Requirements Expected to Boost the Demand for System Integration and Deployment Services
6.3.1.3 Support and Maintenance
6.3.1.3.1 Demand for Continuously Assist Enterprises in Solving Their Technical and Non-Technical Issues to Drive the Growth of Support and Maintenance Services
6.3.2 Managed Services
6.3.2.1 Need to Overcome the Challenges Related to Financial Budget and Technical Expertise Expected to Drive Growth for Managed Services
7 Market By Deployment Type (Page No. - 43)
7.1 Introduction
7.2 Cloud
7.2.1 Growing Need for Reliability, Better Flexibility, Speed in Accessing Information, and Pay-Per-Usage Model to Drive the Adoption of Cloud-Based Virtual Mobile Infrastructure Offerings
7.3 On-Premises
7.3.1 Growing Data Security Concerns and Availability of Financial Budget in Industries Such as BFSI, Government, and Healthcare to Drive the On-Premises Deployment of Virtual Mobile Infrastructure
8 Virtual Mobile Infrastructure Market By Vertical (Page No. - 47)
8.1 Introduction
8.2 Banking, Financial Services, and Insurance
8.2.1 Growing Need to Secure Enterprise Data and Enhance Employee Productivity to Boost the Adoption of Virtual Mobile Infrastructure in the BFSI Vertical
8.3 Healthcare
8.3.1 Rise in Concern for Information Security to Fuel the Demand for Virtual Mobile Infrastructure in the Healthcare Vertical
8.4 Manufacturing
8.4.1 Increasing Need to Reduce Additional It Expenses and Enhance Efficiency to Boost the Adoption of Virtual Mobile Infrastructure in the Manufacturing Vertical
8.5 IT and Telecom
8.5.1 Increasing Use of Mobile Applications on Multiple Devices to Fuel the Demand for Virtual Mobile Infrastructure in the IT and Telecom Vertical
8.6 Government
8.6.1 Growing Need to Prevent the Loss of Government Data While Using Virtualized Infrastructure to Fuel the Adoption of Virtual Mobile Infrastructure in the Government Sector
8.7 Others
9 Virtual Mobile Infrastructure Market, By Region (Page No. - 55)
9.1 Introduction
9.2 North America
9.2.1 United States
9.2.1.1 High Mobile Penetration and Adoption of 5G Technology to Drive the Growth of Virtual Mobile Infrastructure Market in the US
9.2.2 Canada
9.2.2.1 Growing Mobile Penetrations to Drive the Growth of Market in Canada
9.3 Europe
9.3.1 United Kingdom
9.3.1.1 Expanding Cellular Network Coverage to Boost the Growth of Market in the UK
9.3.2 Germany
9.3.2.1 High Investment in 5G Spectrums to Boost the Growth of Market in Germany in the Future
9.3.3 Rest of Europe
9.4 Asia Pacific
9.4.1 China
9.4.1.1 High 4G Coverage to Boost the Adoption of Virtual Mobile Infrastructure in China
9.4.2 Japan
9.4.2.1 Highly Developed IT Infrastructure to Drive the Growth of Virtual Mobile Infrastructure Market in Japan
9.4.3 Rest of Asia Pacific
9.5 Rest of the World
10 Competitive Landscape (Page No. - 69)
10.1 Introduction
10.2 Competitive Situation and Trends
10.2.1 New Product Launches and Product Enhancements
10.2.2 Agreements and Partnerships
10.2.3 Mergers and Acquisitions
10.3 Market Ranking of Key Players
11 Company Profiles (Page No. - 74)
(Business Overview, Platforms, & Solutions, Services, Key Insights, Recent Developments, SWOT Analysis, MnM View)*
11.1 Trend Micro
11.2 Avast Software
11.3 Sierraware
11.4 Nubo
11.5 Intelligent Waves
11.6 Pulse Secure
11.7 Raytheon
11.8 Prescient Solutions
11.9 Fortinet
11.10 Genymobile
*Details on Business Overview, Platform, Solutions & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.
12 Appendix (Page No. - 94)
12.1 Industry Excerpts
12.2 Discussion Guide
12.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
12.4 Available Customizations
12.5 Related Reports
12.6 Author Details
List of Tables (35 Tables)
Table 1 United States Dollar Exchange Rate, 2016–2018
Table 2 Factor Analysis
Table 3 Virtual Mobile Infrastructure Market Size, By Component, 2017 – 2024 (USD Million)
Table 4 Platforms: Market Size By Region, 2017–2024 (USD Million)
Table 5 Services: Market Size By Region, 2017–2024 (USD Million)
Table 6 Market Size By Deployment Type, 2017 – 2024 (USD Million)
Table 7 Cloud: Market Size, By Region, 2017 – 2024 (USD Million)
Table 8 On-Premises: Market Size By Region, 2017 – 2024 (USD Million)
Table 9 Market Size, By Vertical, 2017 – 2024 (USD Million)
Table 10 Banking, Financial Services, and Insurance: Market Size By Region, 2017 – 2024 (USD Million)
Table 11 Healthcare: Market Size By Region, 2017–2024 (USD Million)
Table 12 Manufacturing: Market Size By Region, 2017–2024 (USD Million)
Table 13 IT and Telecom: Market Size By Region, 2017 – 2024 (USD Million)
Table 14 Government: Market Size By Region, 2017 – 2024 (USD Million)
Table 15 Others: Market Size By Region, 2017 – 2024 (USD Million)
Table 16 Virtual Mobile Infrastructure Market Size, By Region, 2017–2024 (USD Million)
Table 17 North America: Market Size By Component, 2017–2024 (USD Million)
Table 18 North America: Market Size By Deployment Type, 2017–2024 (USD Million)
Table 19 North America: Market Size By Vertical, 2017–2024 (USD Million)
Table 20 North America: Market Size By Country, 2017–2024 (USD Million)
Table 21 Europe: Virtual Mobile Infrastructure Market Size, By Component, 2017–2024 (USD Million)
Table 22 Europe: Market Size By Deployment Type, 2017–2024 (USD Million)
Table 23 Europe: Market Size By Vertical, 2017–2024 (USD Million)
Table 24 Europe: Market Size By Country, 2017–2024 (USD Million)
Table 25 Asia Pacific: Virtual Mobile Infrastructure Market Size, By Component, 2017–2024 (USD Million)
Table 26 Asia Pacific: Market Size By Deployment Type, 2017–2024 (USD Million)
Table 27 Asia Pacific: Market Size By Vertical, 2017–2024 (USD Million)
Table 28 Asia Pacific: Market Size By Country, 2017–2024 (USD Million)
Table 29 Rest of the World: Virtual Mobile Infrastructure Market Size, By Component, 2017–2024 (USD Million)
Table 30 Rest of the World: Market Size By Deployment Type, 2017–2024 (USD Million)
Table 31 Rest of the World: Market Size By Vertical, 2017–2024 (USD Million)
Table 32 Market Evaluation Framework
Table 33 New Product Launches and Product Enhancements, 2016–2019
Table 34 Agreements and Partnerships, 2016–2019
Table 35 Mergers and Acquisitions, 2016–2019
List of Figures (26 Figures)
Figure 1 Global Virtual Mobile Infrastructure Market: Research Design
Figure 2 Market Top-Down and Bottom-Up Approaches
Figure 3 Market Size, 2017–2024
Figure 4 Platforms Segment to Lead the Market During the Forecast Period
Figure 5 On-Premises Segment to Account for A Higher Market Share in 2019
Figure 6 Banking, Financial Services, and Insurance Vertical to Lead the Market During the Forecast Period
Figure 7 Virtual Mobile Infrastructure Market: Regional Snapshot With Key Countries
Figure 8 Asia Pacific to Grow at the Highest CAGR From 2019 to 2024
Figure 9 Availability of Large Number of Android Apps to Provide Growth Opportunity for the Market During the Forecast Period
Figure 10 Platforms Segment and the United States to Lead the North American Market in 2019
Figure 11 China to Grow at the Highest CAGR During the Forecast Period
Figure 12 Drivers, Restraints, Opportunities, and Challenges: Virtual Mobile Infrastructure Market
Figure 13 Virtual Mobile Infrastructure Architecture
Figure 14 Platforms Segment to Hold A Higher Market Share in 2019
Figure 15 On-Premises Segment to Lead the Market During the Forecast Period
Figure 16 Banking, Financial Services, and Insurance Vertical to Lead the Market During the Forecast Period
Figure 17 North America to Lead the Market During the Forecast Period
Figure 18 Asia Pacific to Grow at the Highest CAGR During the Forecast Period
Figure 19 North America: Market Snapshot
Figure 20 Asia Pacific: Market Snapshot
Figure 21 Key Developments By Leading Players in the Market 2016–2019
Figure 22 Market Ranking of Key Players in the Virtual Mobile Infrastructure Market, 2019
Figure 23 Trend Micro: Company Snapshot
Figure 24 Avast Software: Company Snapshot
Figure 25 Raytheon: Company Snapshot
Figure 26 Fortinet: Company Snapshot
The study involved 4 major activities to estimate the current market size for Virtual Mobile Infrastructure (VMI) products. Exhaustive secondary research was done to collect information on the market, peer market, and parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter market breakdown and data triangulation was used to estimate the market size of segments and subsegments.
Secondary Research
The market for companies offering VMI solutions and services for various verticals is arrived at based on the secondary data available through paid and unpaid sources and by analyzing the product portfolios of major companies in the ecosystem and rating them on the basis of their performance and quality. In the secondary research process, various sources were referred to identify and collect information for this study. The secondary sources included annual reports, press releases, and investor presentations of companies, white papers, journals, and certified publications and articles from recognized authors, directories, and databases.
Secondary research was mainly used to obtain key information about the industry’s supply chain, the total pool of key players, market classification, and segmentation according to industry trends to the bottommost level, regional markets, and key developments from both, market and technology-oriented perspectives, all of which were further validated by primary sources.
Primary Research
In the primary research process, various primary sources from both supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side included industry experts, such as Chief Executive Officers (CEOs), Chief Technology Officers (CTOs), Chief Operating Officers (COOs), Vice Presidents (VPs), Managing Directors (MDs), technology and innovation directors, and related key executives from various key companies and organizations in the Virtual Mobile Infrastructure Market
To know about the assumptions considered for the study, download the pdf brochure
Virtual Mobile Infrastructure Market Size Estimation
The top-down and bottom-up approaches were used to estimate and validate the size of the global VMI market and estimate the size of various other dependent subsegments. The research methodology used to estimate the market size included the following, namely, key players in the market were identified through secondary research and their revenue contribution in the respective regions was determined through primary and secondary research. This entire procedure included the study of annual and financial reports of top market players and extensive interviews for key insights from industry leaders, such as CEOs, VPs, directors, and marketing executives. All percentage splits and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market are covered in this research study are accounted for, viewed in extensive detail, verified through primary research, and analyzed to arrive at the final quantitative and qualitative data. This data is consolidated and added with detailed inputs and analysis from MarketsandMarkets.
Data Triangulation
After arriving at the overall market size, using the market size estimation processes as explained above, the market was split into several segments and subsegments. In order to complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, the data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both, the demand and supply sides.
Report Objectives
- To define, describe, and forecast the size of the Virtual Mobile Infrastructure Market by component (platforms and services), deployment type (cloud and on-premises), vertical (government, healthcare, BFSI, manufacturing, IT and telecom, and others), and region
- To provide detailed information regarding the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the market
- To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the total market
- To analyze the opportunities in the market for stakeholders by identifying high-growth segments
- To forecast the market size of the segments with respect to 4 main regions, namely, North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
- To profile the key players and comprehensively analyze their market size and core competencies
- To track and analyze competitive developments, such as new product launches and product enhancements; mergers and acquisitions; and partnerships and agreements, in the global Virtual Mobile Infrastructure Market
Critical Questions the Report Answers:
- Where will all these developments take the industry in the mid to long term?
- What are the upcoming trends in the Virtual Mobile Infrastructure market?
- What are the competitive developments, such as mergers and acquisitions, new product developments, and business expansion activities, in the market?
- How major factors, such as drivers, restraints, opportunities, and challenges, influence the growth of the market?
- What are the key roles of major players in the virtual mobile infrastructure market?
Available Customizations
Along with the market data, MarketsandMarkets offers customizations as per a company’s specific needs. The following customization options are available for the report:
Geographic Analysis
- Further breakdown of the US Virtual Mobile Infrastructure Market, by Component
- Further breakdown of the UK VMI market, by Component
Company Information
- Detailed analysis and profiling of additional market players (up to 5)
Growth opportunities and latent adjacency in Virtual Mobile Infrastructure Market
The report has a lot of cross-tables with easy to consume data charts.