Market Perspective

The global Virtual Mobile Infrastructure Market was valued at USD 151.1 million in 2022 and is projected to reach USD 286.3 million by 2030, growing at a CAGR of 7.90% from 2023 to 2030.

The virtual mobile infrastructure market is experiencing rapid expansion, driven by the increasing adoption of smartphones and a growing demand for secure and efficient video streaming, indicating significant growth potential for the market. Increased data usage and additional offerings such as webcasting and m-commerce based services are likely to drive the mobile virtual network operator market through the forecast period. The widespread adoption of smartphones and the burgeoning number of mobile subscribers are expected to significantly accelerate the development of the industry. As more employees continue to bring their personal devices to the workplace, the demand for secure access to company resources via these devices has risen.

In addition, the integration of 5G and edge computing into VMI solutions have increased the popularity of VMI by enabling faster and more efficient access to mobile resources. However, the growth of the virtual mobile infrastructure market is estimated to slow down due to the decline in hardware and operating costs. On the other hand, Android application compatibility and technical issues are expected to hinder the growth of the mobile virtual infrastructure market over the assessment period.

Analyst’s Review on the Virtual Mobile Infrastructure Market

Virtual mobile infrastructure (VMI) solutions provide secure and controlled access to company data and applications on personal mobile devices. VMI vendors are also adopting advanced technologies such as artificial intelligence (AI) and machine learning (ML) to improve their offerings and meet market demands. Furthermore, there is a substantial anticipation of market expansion during the forecasted timeframe, presenting numerous prospects for companies that provide VMI solutions. Virtual mobile infrastructure market vendors are focusing on the sustainability of VMI solutions on account of growing concerns regarding, waste and pollution problems associated with traditional mobile infrastructure. In addition, players in the market are concentrating on providing more scalable and customizable VMI solutions that meet specific business needs.

Market Definition

VMI solutions enable secure delivery of business applications to mobile devices while isolating and protecting business data. In addition, using VMI can help organizations comply with data protection regulations and improve mobile adoption. These factors are driving the growth of the VMI market. Virtual mobile infrastructure (VMI) offers several important features that distinguish it from other mobile technologies. These include the ability to securely deliver business applications to mobile devices, centralize data on mobile devices, and separate business and personal data on mobile devices. Other important features of VMI include the ability to run multiple instances of the mobile operating system on a single server, the use of secure containers to isolate and protect enterprise data, and the ability to remotely monitor and manage mobile devices. VMI also facilitates compliance with data protection regulations and enables rapid deployment and updates of mobile applications. Furthermore, VMI's fundamental attributes render it a dependable and robust option for businesses seeking to address the increasing need for secure mobile connections to enterprise assets.

Market Dynamics

Virtual mobile infrastructure (VMI) is driven by the growing adoption of Bring Your Own Device (BYOD) practices and the increasing use of smartphones and mobile devices. As employees are focusing on bringing their personal devices to work, the need to securely access company resources through these devices has expanded. These solutions enable secure delivery of business applications to mobile devices while isolating and protecting business data. In addition, using VMI can help organizations comply with data protection regulations and improve mobile adoption, these factors are driving the growth of the virtual mobile infrastructure market.

There are several challenges associated with virtual mobile infrastructure (VMI) such as delays or interruptions in mobile service, which can significantly reduce productivity. VMI solutions protect against data breaches, hacking, and unauthorized access by adopting advanced security measures such as encryption and access control. Implementing VMI solutions can be expensive, especially for small and medium-sized businesses. Reviewing and tackling these constraining elements is essential for promoting broader acceptance of VMI solutions.

Segmentation Analysis

The global virtual mobile infrastructure market is segmented based on component, deployment type, vertical, and geography.

Based on component, the virtual mobile infrastructure market is bifurcated into platform and services. The platform segment is dominating the market with a value of USD 110.3 million in 2022. The platforms provide end-to-end solutions to deliver secure mobile applications to users while providing a consistent user experience across devices.

Based on deployment type, the virtual mobile infrastructure market is segmented into cloud and on-premise. The cloud segment is forecast to grow at the highest CAGR of 8.3% over the estimated time frame. VMI platforms can be deployed either on-premises or in the cloud, with the cloud deployment model gaining popularity because of its benefits, including scalability, flexibility, and cost-effectiveness.

In terms of verticals, the virtual mobile infrastructure market can be categorized into BFSI, IT and telecom, healthcare, manufacturing, government, and others. Notably, the BFSI sector stood out as the dominant player, holding a substantial 26.8% market share in 2022. The BFSI (Banking, Financial Services, and Insurance) sector is one of the industries that can significantly benefit from the adoption of virtual mobile infrastructure (VMI) technology. Implementation of VMI enables BFSI organizations to protect sensitive information such as financial and personal information of customers. In addition, VMI can ensure compliance with regulations such as the Payment Card Industry Data Security Standard (PCI DSS) and the General Data Protection Regulation (GDPR). Thus, implementing VMI can help BFSI companies provide a better customer experience, improve employee productivity, and reduce the risk of data breaches or cyber-attacks.

Geographical Analysis

Based on region, the global virtual mobile infrastructure market is classified into North America, Europe, Asia Pacific, MEA, and Latin America.

The North America region takes the lead, boasting a market value of USD 54.3 million in 2022. Market expansion in this region is propelled by the rising number of individual mobile subscribers in countries like the United States and Canada. The high number of mobile subscribers and widespread adoption of BYOD culture also propels the market growth. The implementation of VMI within the BFSI sector throughout the region serves to safeguard sensitive information, maintain regulatory compliance, enhance customer satisfaction, boost employee productivity, and mitigate the risk of cyber threats. This has led organizations to move to hybrid cloud models to secure sensitive business data through a private cloud while providing employees with greater application scope through public cloud solutions, which is essential for some applications that require on premise access. This trend has been observed to benefit productivity and is thus expected to continue and grow through the forecast period.

Europe attained a second dominating position with a market share of 31.5% in 2022. The regional market growth is supported by the well-established telecommunications infrastructure and advanced technology capabilities, making it an attractive market for virtual mobile infrastructure providers. Europe is a significant market for virtual mobile infrastructure (VMI) adoption with countries such as Germany, France, and the UK experiencing growing demand for secure mobile application delivery. The widespread adoption of bring-your-own-device (BYOD) policies and the growing trend of remote working in several European countries has driven the VMI market's growth in the region.

Competitive Landscape

The global virtual mobile infrastructure market study will provide valuable insight with an emphasis on the fragmented nature of the industry. Prominent players are focusing on several key business strategies such as partnerships, mergers and acquisitions, product innovations, and joint ventures to expand their product portfolio and increase their respective market shares across different regions. Expansion & investments involve a range of strategic initiatives including investments in R&D activities, new manufacturing facilities, and supply chain optimization. The major players in the virtual mobile infrastructure market are

• Avast Software s.r.o.
• Cisco Systems, Inc.
• Comport Technology Solutions
• Fortinet, Inc.
• Intel Corporation
• Microsoft
• Nubo Software Ltd.
• Procmart, Inc.
• Sierraware
• Syndrome Technologies Pvt. Ltd
• Trend Micro Incorporated
• VMware, Inc.
• SAP

Key Development

• December 2021 (Product Launch): ProcMart launched its first VMI application, which serves ProcMart customers only, enhances warehouse management processes and functions, and makes ProcMart's systems more mobile-friendly.

The global Virtual Mobile Infrastructure Market is segmented as:

By Component

• Platform
• Services

By Deployment Type

• Cloud
• On-Premise

By Vertical

• BFSI
• IT and Telecom
• Healthcare
• Manufacturing
• Government
• Others

By Region

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • France
  • UK
  • Spain
  • Germany
  • Italy
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Rest of Asia Pacific
• Middle East & Africa
  • GCC
  • North Africa
  • South Africa
  • Rest of Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America