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). The market is witnessing growth due to the increasing penetration of smartphones and rising adoption of bring-you-own-device (BYOD) policy. The VMI platform allows enterprises to host corporate data and apps within a secure mobile operating system on centralized servers.

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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 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.

This market research report provides a comprehensive overview of the VMI market

Historical and the present size of the VMI market
Future potential of the market through its forecast for the period 2020– 2030
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