COVID 19 Business Impact: Increasing Mobile Penetration of Mobile to Boost Virtual Mobile Infrastructure (VMI) Market
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Zero apps and data are stored on the employee's device as the environment is remote, reducing the chances of data theft. In 2018, the global virtual mobile infrastructure (VMI) market reached a value of $115.8 million and is expected to attain $194.3 million in 2024, witnessing a 9.7% CAGR during the forecast period (2019-2024). In terms of offering, the virtual mobile infrastructure market is divided into service and platform. The platform division dominated the market during the historical period (2014-2018) and is further going to hold the larger share of the market during the forecast period.
This is because of the growing adoption of the VMI platform by different industries in order to prevent data loss/leakage caused by the lack of security in the employees' devices. The faster growth is predicted to be registered by the service division, which is further bifurcated into managed and professional. When industry is taken into consideration, the virtual mobile infrastructure market is primarily categorized into healthcare, banking, financial services, and insurance (BFSI), government, and information technology (IT) & telecom.
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This market research report provides a comprehensive overview of the virtual mobile infrastructure market
*Historical and the present size of the virtual mobile infrastructure
*Future potential of the market through its forecast for the period 2020- 2024
*Major factors driving the market and their impact during the short, medium, and long terms
*Market restraints and their impact during the short, medium, and long terms
* Recent trends and evolving opportunities for the market participants
* Historical and the present size of the market segments and understand their comparative future potential
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P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.
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