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

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

Increase in smartphone penetration and reduced hardware and operating cost using VMI are major factors driving the growth of the Virtual Mobile Infrastructure (VMI) market
The global VMI 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, need to increase the productivity of employees, and reduced hardware and operating cost using VMI are the major factors driving the growth of the global VMI market. Android application compatibility and technical issues is a key restraint for the global VMI market.

Healthcare vertical to grow at the highest CAGR during the forecast period
Healthcare is one of the lucrative segments in the VMI domain. This segment faces many technological challenges, which includes the rising number of regulations. Technological developments in the healthcare segment have transformed healthcare operations from physical to digital. The healthcare segment works on critical and time-based operating arrangements that need real-time data and instructions, which mobile and system connectivity has made possible. VMI is one such solution that has benefited this segment on a large-scale due to higher adoption of telemedicine trend. The mobile health applications have millions of smartphone users. The healthcare segment is said to be witnessing growth in terms of adoption of VMI technology. This segment varies across the regions in terms of population, number of patients and hospitals, and other similar factors.

BFSI vertical to account for the largest market size during the forecast period
The BFSI vertical is estimated to lead the VMI market in 2019. Companies in the BFSI industry have already adopted BYOD and enterprise mobility solutions, even though there is a considerable amount of security risk involved. One of the biggest concerns about mobility in BFSI organizations is data security and privacy. To address the data security needs, companies are gradually adopting the VMI platform and services. Moreover, BFSI vertical is expected to hold the largest market size owing to the adoption of VMI solutions that help protect organizational data, increases operational efficiency, and improves business savings.

Among regions, Asia Pacific to grow at the highest CAGR during the forecast period
APAC is home to various developing economies, and a mobile subscription landscape in APAC is changing rapidly owing to the highest CAGR during the forecast period. According to the report The Mobile Economy Asia Pacific 2019, published by GSMA, mobile technologies and services generated 5.3% of GDP across APAC, in 2018. The report also stated that, at the end of 2018, 1.9 billion people across APAC were connected to the mobile internet with the addition of 200 million new subscribers as compared to its earlier year. Additionally, according to the report, in APAC, two-thirds of new subscribers are expected to be from India and China by 2025. Hence, the increase in mobile subscriptions and the growth of mobile technologies and services are the factors making APAC one of the most attractive VMI markets to invest.

The breakup of the profiles of the primary participants is given below:
By Company: Tier 1 – 52%, Tier 2 – 31%, and Tier 3 – 17%
By Designation: C-Level – 45%, Director Level – 30%, and others- 25%
By Region: North America – 40%, Europe – 30%, APAC – 25%, and RoW – 5%

The key vendors profiled in the report are as follow:
Trend Micro (Japan)
Avast Software (Czech Republic)
Sierraware (US)
Nubo (US)
Intelligent Waves (US)
Pulse Secure (US)
Raytheon (US)
Prescient Solutions (US)
Fortinet (US)
Genymobile (France)

Research Coverage
The VMI market has been segmented based on component (platforms and services), deployment type (cloud and on-premises), vertical (BFSI, healthcare, manufacturing, IT and telecom, government, and others), and region. A detailed analysis of the key industry players has been undertaken to provide insights into their business overviews; products; key growth strategies; new product launches and product enhnacements; partnerships and agreements; mergers and acquistions; and competitive landscape associated with the global VMI market.

Reasons to Buy the Report
The report would help the market leaders/new entrants in the following ways:
It comprehensively segments the VMI market and provides the closest approximations of the revenue numbers for the overall market and its subsegments across regions.
It would help stakeholders understand the pulse of the market and provide information about the key market drivers, restraints, challenges, and opportunities.
It would help stakeholders understand their competitors better and gain more insights to enhance their positions in the market. The competitive landscape section includes the competitor ecosystem, new service developments, partnerships, and acquisitions.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • MARKET SEGMENTATION
      • REGIONS COVERED
    • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY CONSIDERED
      • Table UNITED STATES DOLLAR EXCHANGE RATE, 2016-2018
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET BREAKUP AND DATA TRIANGULATION
    • MARKET SIZE ESTIMATION
      • TOP-DOWN APPROACH
      • BOTTOM-UP APPROACH
    • MARKET FORECAST
      • Table FACTOR ANALYSIS
    • ASSUMPTIONS FOR THE STUDY
    • LIMITATIONS OF THE STUDY
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES IN THE VIRTUAL MOBILE INFRASTRUCTURE MARKET
    • VIRTUAL MOBILE INFRASTRUCTURE MARKET IN NORTH AMERICA, BY COMPONENT AND COUNTRY
    • VIRTUAL MOBILE INFRASTRUCTURE MARKET: MAJOR COUNTRIES
  • MARKET OVERVIEW AND INDUSTRY TRENDS
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
    • INDUSTRY TRENDS
      • VIRTUAL MOBILE INFRASTRUCTURE ARCHITECTURE
      • REGULATORY IMPLICATIONS
  • VIRTUAL MOBILE INFRASTRUCTURE MARKET, BY COMPONENT
    • INTRODUCTION
      • Table VIRTUAL MOBILE INFRASTRUCTURE MARKET SIZE, BY COMPONENT, 2017 - 2024 (USD MILLION)
    • PLATFORMS
      • 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 VMI PLATFORMS
        • Table PLATFORMS: VIRTUAL MOBILE INFRASTRUCTURE MARKET SIZE, BY REGION, 2017-2024 (USD MILLION)
    • SERVICES
      • Table SERVICES: VIRTUAL MOBILE INFRASTRUCTURE MARKET SIZE, BY REGION, 2017-2024 (USD MILLION)
      • PROFESSIONAL SERVICES
      • MANAGED SERVICES
  • VIRTUAL MOBILE INFRASTRUCTURE MARKET, BY DEPLOYMENT TYPE
    • INTRODUCTION
      • Table VIRTUAL MOBILE INFRASTRUCTURE MARKET SIZE, BY DEPLOYMENT TYPE, 2017 – 2024 (USD MILLION)
    • CLOUD
      • GROWING NEED FOR RELIABILITY, BETTER FLEXIBILITY, SPEED IN ACCESSING INFORMATION, AND PAY-PER-USAGE MODEL TO DRIVE THE ADOPTION OF CLOUD-BASED VMI OFFERINGS
        • Table CLOUD: VIRTUAL MOBILE INFRASTRUCTURE MARKET SIZE, BY REGION, 2017 – 2024 (USD MILLION)
    • ON-PREMISES
      • GROWING DATA SECURITY CONCERNS AND AVAILABILITY OF FINANCIAL BUDGET IN INDUSTRIES SUCH AS BFSI, GOVERNMENT, AND HEALTHCARE TO DRIVE THE ON-PREMISES DEPLOYMENT OF VMI
        • Table ON-PREMISES: VIRTUAL MOBILE INFRASTRUCTURE MARKET SIZE, BY REGION, 2017 2024 (USD MILLION)
  • VIRTUAL MOBILE INFRASTRUCTURE MARKET, BY VERTICAL
    • INTRODUCTION
      • Table VIRTUAL MOBILE INFRASTRUCTURE MARKET SIZE, BY VERTICAL, 2017 - 2024 (USD MILLION)
    • BANKING, FINANCIAL SERVICES, AND INSURANCE
      • GROWING NEED TO SECURE ENTERPRISE DATA AND ENHANCE EMPLOYEE PRODUCTIVITY TO BOOST THE ADOPTION OF VMI IN THE BFSI VERTICAL
        • Table BANKING, FINANCIAL SERVICES, AND INSURANCE: VIRTUAL MOBILE INFRASTRUCTURE MARKET SIZE, BY REGION, 2017 - 2024 (USD MILLION)
    • HEALTHCARE
      • RISE IN CONCERN FOR INFORMATION SECURITY TO FUEL THE DEMAND FOR VMI IN THE HEALTHCARE VERTICAL
        • Table HEALTHCARE: VIRTUAL MOBILE INFRASTRUCTURE MARKET SIZE, BY REGION, 2017-2024 (USD MILLION)
    • MANUFACTURING
      • INCREASING NEED TO REDUCE ADDITIONAL IT EXPENSES AND ENHANCE EFFICIENCY TO BOOST THE ADOPTION OF VMI IN THE MANUFACTURING VERTICAL
        • Table MANUFACTURING: VIRTUAL MOBILE INFRASTRUCTURE MARKET SIZE, BY REGION, 2017-2024 (USD MILLION)
    • IT AND TELECOM
      • INCREASING USE OF MOBILE APPLICATIONS ON MULTIPLE DEVICES TO FUEL THE DEMAND FOR VMI IN THE IT AND TELECOM VERTICAL
        • Table IT AND TELECOM: VIRTUAL MOBILE INFRASTRUCTURE MARKET SIZE, BY REGION, 2017 2024 (USD MILLION)
    • GOVERNMENT
      • GROWING NEED TO PREVENT THE LOSS OF GOVERNMENT DATA WHILE USING VIRTUALIZED INFRASTRUCTURE TO FUEL THE ADOPTION OF VMI IN THE GOVERNMENT SECTOR
        • Table GOVERNMENT: VIRTUAL MOBILE INFRASTRUCTURE MARKET SIZE, BY REGION, 2017 2024 (USD MILLION)
    • OTHERS
      • Table OTHERS: VIRTUAL MOBILE INFRASTRUCTURE MARKET SIZE, BY REGION, 2017 – 2024 (USD MILLION)
  • VIRTUAL MOBILE INFRASTRUCTURE MARKET, BY REGION
    • INTRODUCTION
      • Table VIRTUAL MOBILE INFRASTRUCTURE MARKET SIZE, BY REGION, 2017-2024 (USD MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA: VIRTUAL MOBILE INFRASTRUCTURE MARKET SIZE, BY COMPONENT, 2017-2024 (USD MILLION)
      • Table NORTH AMERICA: VIRTUAL MOBILE INFRASTRUCTURE MARKET SIZE, BY DEPLOYMENT TYPE, 2017-2024 (USD MILLION)
      • Table NORTH AMERICA: VIRTUAL MOBILE INFRASTRUCTURE MARKET SIZE, BY VERTICAL, 2017-2024 (USD MILLION)
      • Table NORTH AMERICA: VIRTUAL MOBILE INFRASTRUCTURE MARKET SIZE, BY COUNTRY, 2017-2024 (USD MILLION)
      • UNITED STATES
      • CANADA
    • EUROPE
      • Table EUROPE: VIRTUAL MOBILE INFRASTRUCTURE MARKET SIZE, BY COMPONENT, 2017-2024 (USD MILLION)
      • Table EUROPE: VIRTUAL MOBILE INFRASTRUCTURE MARKET SIZE, BY DEPLOYMENT TYPE, 2017-2024 (USD MILLION)
      • Table EUROPE: VIRTUAL MOBILE INFRASTRUCTURE MARKET SIZE, BY VERTICAL, 2017-2024 (USD MILLION)
      • Table EUROPE: VIRTUAL MOBILE INFRASTRUCTURE MARKET SIZE, BY COUNTRY, 2017-2024 (USD MILLION)
      • UNITED KINGDOM
      • GERMANY
      • REST OF EUROPE
    • ASIA PACIFIC
      • Table ASIA PACIFIC: VIRTUAL MOBILE INFRASTRUCTURE MARKET SIZE, BY COMPONENT, 2017-2024 (USD MILLION)
      • Table ASIA PACIFIC: VIRTUAL MOBILE INFRASTRUCTURE MARKET SIZE, BY DEPLOYMENT TYPE, 2017-2024 (USD MILLION)
      • Table ASIA PACIFIC: VIRTUAL MOBILE INFRASTRUCTURE MARKET SIZE, BY VERTICAL, 2017- 2024 (USD MILLION)
      • Table ASIA PACIFIC: VIRTUAL MOBILE INFRASTRUCTURE MARKET SIZE, BY COUNTRY, 2017- 2024 (USD MILLION)
      • CHINA
      • JAPAN
      • REST OF ASIA PACIFIC
    • REST OF THE WORLD
      • Table REST OF THE WORLD: VIRTUAL MOBILE INFRASTRUCTURE MARKET SIZE, BY COMPONENT, 2017-2024 (USD MILLION)
      • Table REST OF THE WORLD: VIRTUAL MOBILE INFRASTRUCTURE MARKET SIZE, BY DEPLOYMENT TYPE, 2017-2024 (USD MILLION)
      • Table REST OF THE WORLD: VIRTUAL MOBILE INFRASTRUCTURE MARKET SIZE, BY VERTICAL, 2017-2024 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • INTRODUCTION
    • COMPETITIVE SITUATION AND TRENDS
      • Table MARKET EVALUATION FRAMEWORK
      • NEW PRODUCT LAUNCHES AND PRODUCT ENHANCEMENTS
        • Table NEW PRODUCT LAUNCHES AND PRODUCT ENHANCEMENTS, 2016-2019
      • AGREEMENTS AND PARTNERSHIPS
        • Table AGREEMENTS AND PARTNERSHIPS, 2016-2019
      • MERGERS AND ACQUISITIONS
        • Table MERGERS AND ACQUISITIONS, 2016-2019
    • MARKET RANKING OF KEY PLAYERS
  • COMPANY PROFILES
    • TREND MICRO
      • BUSINESS OVERVIEW
      • SOLUTIONS, SERVICES, AND APPLICATIONS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • AVAST SOFTWARE
      • BUSINESS OVERVIEW
      • PLATFORMS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • SIERRAWARE
      • BUSINESS OVERVIEW
      • PLATFORMS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • NUBO
      • BUSINESS OVERVIEW
      • PLATFORMS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • INTELLIGENT WAVES
      • BUSINESS OVERVIEW
      • SOLUTIONS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • PULSE SECURE
      • BUSINESS OVERVIEW
      • PLATFORMS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • RAYTHEON
      • BUSINESS OVERVIEW
      • SOLUTIONS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • PRESCIENT SOLUTIONS
      • BUSINESS OVERVIEW
      • SERVICES OFFERED
      • MNM VIEW
    • FORTINET
      • BUSINESS OVERVIEW
      • SOLUTIONS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • GENYMOBILE
      • BUSINESS OVERVIEW
      • SOLUTIONS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
  • APPENDIX
    • INDUSTRY EXCERPTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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