$194 Million Virtual Mobile Infrastructure Market Insights by Offering, Deployment Type, Enterprise Size, Industry, and Region
PR Newswire | January 31, 2020
The "Virtual Mobile Infrastructure Market Research Report: By Offering, Type, Enterprise Size, Industry, Geographical Outlook - Industry Opportunity Analysis and Growth Forecast to 2024" 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). 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. Zero apps and data are stored on the employee's device as the environment is remote, reducing the chances of data theft.