A newly released virtual mobile infrastructure market analysis report by Future Market Insights shows that global sales of the virtual mobile infrastructure market in 2023 were held at USD 155.7 million.
With 8.3% projected growth from 2023 to 2033, the market is expected to reach a valuation of USD 346.6 million. Services are expected to be the high revenue-generating category, projected to register a CAGR of 8.3% from 2023 to 2033.
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The market for mobile virtual network operators is likely driven by increased data usage and value-added offerings such as online broadcasts and M-commerce-based services over the forecast period.
Further, increased smartphone adoption and the resulting increase in mobile subscriber base are expected to significantly boost 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.
Virtual mobile infrastructure enables administrators to centrally set up and deploy multiple mobile workplaces to their employees, making mobile workplace administration simple and efficient.
Ooredoo Oman with FRiENDi Cellular, a subsidiary of Virgin Mobile Middle East & Africa, has signed a long-term deal to offer FRiENDi mobile customers mobile services through Ooredoo's 4G Supernet system.
FRiENDi Mobile, Oman's first and most prominent mobile virtual network operator (MVNO), has built a great reputation for offering competitive solutions and world-class client service.
Challenges such as the inability to access data in the absence of an internet connection and lack of knowledge are the key factors limiting the worldwide virtual mobile infrastructure market's growth.
Furthermore, a secure and proficient video real-time completed for the client, as well as the availability of several applications on the Android operating framework, might generate enormous chances for competitors in the virtual mobile infrastructure market.
Attributes | Details |
---|---|
Global Virtual Mobile Infrastructure Market Size (2023) | USD 155.7 million |
Global Virtual Mobile Infrastructure Market Size (2033) | USD 346.6 million |
Global Virtual Mobile Infrastructure Market CAGR (2023 to 2033) | 8.3% |
As per the virtual mobile infrastructure market research by Future Market Insights, the market value of the Virtual Mobile Infrastructure Market increased at around 8.8% CAGR historically, from 2018 to 2022. With an absolute dollar opportunity of USD 170.7 million, the market is projected to reach a valuation of USD 316.6 million by 2032.
The virtual mobile infrastructure Industry is anticipated to be driven by an increase in enthusiasm for linked and smart frameworks, as well as the notable development of mobile phones globally. In addition, the virtual mobile infrastructure offers features like app network consumption, app blocking, and compliance reporting tools, all of which contribute to the market's growth.
Sierraware, a VMI and security pioneer, has revealed that it is going to showcase a 5G Virtual Mobile solution leveraging Edge Computing which is going to meet future mobile computing needs. Mobile user growth and developments have been hampered in recent years by stagnating battery capacity and semiconductor node sizes.
By using the power of edge cloud processing, next-generation streaming 5G mobile, virtual handsets might provide console-quality gaming with a multi-week battery charge life.
In 2021, North America led the virtual mobile infrastructure industry. Hypori is a prominent provider of VMI solutions in the region, offering businesses BUOD solutions. In December 2019, the USA Department of the Interior awarded the company a USD 43 million contract for small business innovation research.
According to the terms of the deal, the business might help government agencies using Hypori virtual mobile infrastructure for their IT portfolios.
Revenues in Asia Pacific, the Middle East, and Africa are expected to increase significantly over the projection period. Asia Pacific region's revenue rise in the usability of mobile virtual network operators may be ascribed to the region's exceptional growth in the telecom services industry.
Countries with sophisticated cellular networks, such as Japan, Malaysia, and Australia, are likely to play a significant part in Asia Pacific’s regional market rise.
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The USA is expected to account for the notable market of USD 110.4 million by the end of 2033. Further, the use of personal handsets and gadgets for corporate and commercial demand to promote staff productivity is one of the key reasons for the rising demand for VMI.
Palo Alto Networks MSSP Partner Program has welcomed OPAQ, the network security cloud firm, to empower managed services providers and managed security services distributors (MSSPs) to offer Palo Alto Connections security features as a cloud service to medium businesses.
As many companies move to managed services, OPAQ is going to offer its partners the flexibility to provide enterprise-level security in a cost-effective, scalable approach.
The services segment of virtual mobile infrastructure is forecasted to expand at a high CAGR of over 7.5% from 2023 to 2033. Most of the providers offer competent services for managing the virtual mobile infrastructure in their organization. These services provide fast and easy implementation, increasing the value of large-scale company investments.
Services have become an essential component of stages since they also handle pre- and post-sending issues with virtual mobile infrastructure, speeding up the service selection process.
Trend Micro Incorporated, a global pioneer in cloud security, announced the opening of its Cloud One regional data center in India, which might help the country maintain data sovereignty and protect data privacy.
Trend Micro's flagship cloud security services platform, Cloud One, protects cloud servers, resources, and applications. Trend Micro takes the lead by being one of the first security providers to offer the most comprehensive set of cloud security services, all of which are supplied from India. Recently, trend micro announced the opening of their regional XDR data lake in India.
The cloud segment is forecasted to expand at a high CAGR of over 7.3% from 2023 to 2033.
A virtual mobile infrastructure is a piece of mobile software that runs mobile apps on a mobile VM/OS running on a remote machine in the cloud or at a data center. Further, VMI offers several benefits, including no data footprint on endpoints, information loss prevention prompted by physical damage to endpoints, improved information security, and support for several mobile OS at a single location.
VMI simplifies the business's mobile application management (MAM) and data security. Unlike physical infrastructure, which needs more time and expense to change, VMI allows for multiple network and server settings.
The cloud segment is expected to increase at a significant rate, owing to the benefits of the cloud-based virtual mobile infrastructure market, which include flexibility, economy, operational proficiency, and minimal IT-related costs.
Users may gain dynamic mobility for accessing data while adhering to severe PHI and HIPPA regulations owing to the rising flow of mHealth, patient, and billing data across smartphones, tablets, and medical equipment.
VMI also assists point-of-sale operations in adhering to the payment card industry data security standards, which establishes guidelines for the processing of credit card data. According to HIMSS, doctors used 77% of applications generated by external parties, 52% of apps built by the organization's HIT provider, and 32% of applications developed internally.
Lebara Group, Lyca Mobile, TalkTalk Group, Giffgaff, Poste Mobile SpA, Virgin Mobile, and TracFone Wireless Inc. are the key players operating in the virtual mobile infrastructure market. Some of the key developments in the virtual mobile infrastructure market include:
Similarly, the Future Market Insights team has kept track of recent changes in the virtual mobile infrastructure industry, which are detailed in the complete study.
A valuation of USD 155.7 million is attributed to the virtual mobile infrastructure market in 2023.
The global virtual mobile infrastructure market size is anticipated to surpass USD 346.6 million by 2033.
The virtual mobile infrastructure market is projected to accelerate at a CAGR of 8.3% between 2023 and 2033.
With a USD 110.4 million market revenue by 2033, the United States is set to hold substantial prospects for virtual mobile infrastructure.
Key virtual mobile infrastructure market players are Lebara Group, Lyca Mobile, TalkTalk Group, Giffgaff, Poste Mobile SpA, Virgin Mobile, and TracFone Wireless Inc.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Component 5.1. Platforms 5.2. Services 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Deployment Type 6.1. Cloud 6.2. On-premises 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Vertical 7.1. BFSI 7.2. Healthcare 7.3. Manufacturing 7.4. IT and Telecom 7.5. Government 7.6. Others 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 8.1. North America 8.2. Latin America 8.3. Western Europe 8.4. Eastern Europe 8.5. South Asia and Pacific 8.6. East Asia 8.7. Middle East and Africa 9. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 15. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 16. Key Countries Market Analysis 17. Market Structure Analysis 18. Competition Analysis 18.1. Lebara Group 18.2. Lyca Mobile 18.3. TalkTalk Group 18.4. Giffgaff 18.5. Poste Mobile SpA 18.6. Virgin Mobile 18.7. TracFone Wireless Inc 18.8. Genymobile 18.9. Fortinet 18.10. Prescient Solutions 19. Assumptions & Acronyms Used 20. Research Methodology
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