Virtual Mobile Infrastructure Market 2021 Emerging Trends and Technology Advancement to 2025

Virtual Mobile Infrastructure Market - Growth, Trends, Forecast (2020-2025)

The report will make detailed analysis mainly on in-depth research on the development environment, Market size, development trend, operation situation and future development trend of Virtual Mobile Infrastructure Market on the basis of stating current situation of the industry in 2021.

This is a latest report, covering the current COVID-19 impact on the market. The pandemic of Coronavirus (COVID-19) has affected every aspect of life globally. This has brought along several changes in market conditions. The rapidly changing market scenario and initial and future assessment of the impact is covered in the report. It offers critical information pertaining to the current and future growth of the market.

The virtual mobile infrastructure (VMI) market is expected to witness a growth at a CAGR of 8.5% over the forecast period (2020-2025). 

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Competitive Landscape

The virtual mobile infrastructure market is more inclined towards fragmentation due to the presence of many players in the global market with very less or no product differentiation. This creates the vendors to move for the pricing strategy. Companies with deep pockets have actively been making strategic mergers and acquisitions to gain more market share.

Key Developments:
- February 2020 - Sierraware unveiled its new 5G VMI solution, which uses edge computing in partnership with telecommunication operators. The company has claimed that the solution can offer 60 fps game streaming and video streaming without latency.

VMI is the mobile-centric technology that allows applications to run on mobile operating systems (OS) or virtual machines, which are located on a remote server. VMI extends the existing principle of Virtual Desktop Infrastructure (VDI), to access applications remotely from mobile, tablets, phablets, and wearables.

- In modern business practices, mobile devices, including employee-owned smartphones and tablets, are fully being embedded. With this, the employees can access corporate data and applications by means of these smart devices; this has now become a competitive necessity in the field. The trending BYOD (Bring Your Own Device) may result in increased data breach activities and related risks; hence, the demand for virtual mobile infrastructure by organizations is expected to increase in the forecast period. According to Dell Technologies, the companies favoring BYOD has made an annual saving of over USD 350 per year per employee.
- MAM (Mobile App Management) mitigates many privacy issues but increases the load on application developers and IT teams. VMI also allows the organization to host mobile applications in a data center as well as on cloud to provide them access to any device. Additionally, it ensures the data not being stored on mobile devices. Moreover, the developers can write applications and instantly release the support of mobile devices and laptops by using HTML-5 enabled browsers.
- The ongoing outbreak of COVID-19 has pushed the organizations towards workspace mobility. Hence mobile devices are becoming critical assets for corporate information. According to the recent study by Cisco Systems, 60% of the small business owners are stating that risk for a data breach is higher when employees work remotely. Due to this pandemic, the demand for VMI is expected to proliferate in the recent future.

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Key Market Trends: 

Healthcare Segment is Expected to Grow Significantly
- Healthcare organizations have been looking for virtualization technology for its IT Infrastructure. With the increasing mobility strategy and BYOD trend in the sector, there have been increased risks for data security. According to HIMSS, 70% of doctors are using mobile devices to access patient information. Moreover, Arxan has stated that 90% of Android Healthcare/Medical apps have been hacked, 22% of which are FDA approved.
- Additionally, the increasing flow of mHealth, patient and billing data transcending smartphones, tables, and medical devices, users can achieve agile mobility for accessing data while complying with stringent PHI and HIPPA requirements. VMI also helps the point-of-sales operations to comply with the Payment Card Industry Data Security Standards, which specifies for credit card data handling.
- According to the US Department of Healthcare and Human Services, 40 million residents' data were compromised in the country in 2019. Also, Cisco Systems has mentioned that cost of stolen records in the healthcare sector is among the highest at USD 429.

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