VMI Market Share, Growth, Trends & Forecast to 2027
The global VMI Market is expected to exhibit a strong 9.3% CAGR over the forecast period from 2021 to 2027, according to the latest research report from Market Research Future (MRFR). The global VMI Market was valued at USD 116.3 million in 2019 and is expected to rise to a valuation of USD 198.2 million by 2025, according to the report. The report profiles all major factors having a notable impact on the global VMI Market and presents a detailed overview of the major drivers and restraints affecting the global VMI Market. The leading players in the global VMI Market are also profiled in the report in order to provide readers with a comprehensive overview of the market’s competitive landscape. The impact of the COVID-19 pandemic on the global VMI Market is also examined in the report. The short-term and long-term implications of the pandemic on the market are explained in the report.
Virtual mobile infrastructure refers to a technology that allows mobile applications to run on a virtual machine or operating system located in remote areas. Virtual mobile infrastructure allows centralized applications to run on a secure host located in a data center. It essentially creates a virtual device in the data center that can be accessed by a thin client app on mobile phones or tablets. A virtual mobile infrastructure platform hosts customized mobile OS on virtual machines, which are run on a hypervisor on a centralized host. Each of these virtual machines can run multiple user sessions. The use of different operating systems is also enabled, thus enabling host guests. The organization’s data and the mobile devices connected to the network are connected using a connection broker. In virtual mobile infrastructure, the data is placed in a central storage unit, detached from the OS. This makes IT more flexible and also allows the use of different virtual machines for each user session. Management and backup of the storage is also made easier by being in a central location.
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The increasing use of mobile phones is likely to be a major driver for the global VMI Market over the forecast period. With the growing innovation in the field of mid-range and low-range mobile phones, even poorer consumer demographics have been able to obtain mobile phones in recent years. This has led to an unprecedented proliferation in the use of mobile phones around the world. Emerging regions of the world have been particularly prone to this phenomenon, as the low-range and mid-range markets have exploded in regions such as Asia Pacific and the Middle East in recent years. This has led to growing technological advancement in various aspects of technology related to the use of mobile phones and mobile applications. Virtual mobile infrastructure also makes data more secure and easily accessible, which has also been a major driver for the VMI Market.
Competitive Landscape:
Leading players in the global VMI Market include Genymobile, Intelligent Waves, Forcepoint, Fortinet, Sierraware, Prescient Solutions, Avast Software, Pulse Secure, Nubo, Raytheon, and Trend Micro.
In February 2019, Sierraware launched its 5G virtual mobile technology using edge computing in an attempt to solve the future demands of mobile computing.
Segmentation:
The global VMI Market is segmented on the basis of component, deployment, organization size, vertical, and region.
By component, the global VMI Market is segmented into platforms and service.
By deployment, the global VMI Market is segmented into cloud and on-premise.
By organization size, the global VMI Market is segmented into SMEs and large enterprises.
By vertical, the market is segmented into BFSI, manufacturing, healthcare, IT and telecom, government, and others.
Regional Analysis:
North America accounts for the largest share in the global VMI Market and is likely to retain its dominance over the forecast period.
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