The global VirtualMobile Infrastructure Industry size is expected to grow from USD 113 million in2019 to USD 173 million by 2024, at a CAGR of 8.9% during 2019–2024. Increasein smartphone penetration and reduced hardware and operating cost using VMI aredriving factors for the Virtual Mobile Infrastructure Industry.
Browse 35market data Tables and 26 Figures spread through 101 Pages and in-depth TOC on"Virtual Mobile Infrastructure Industry by Component (Platforms andServices), Deployment Type (Cloud and On-premises), Vertical (BFSI, Healthcare,Manufacturing, and Government), and Region (North America, Europe, APAC, andRoW) - Global Forecast to 2024"
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VMI is amobile-centric technology that runs mobile apps on a mobile Operating System(OS)/Virtual Machine (VM) located on a remote server in a data center or cloud.VMI separates mobile OS and apps from the client mobile devices. Thevirtualization of mobile infrastructure essentially creates a virtual devicerunning in the data center that can be accessed by a thin client app on mobileendpoints. Any data associated with the OS and apps is stored on the remoteserver instead of endpoints; this factor enables organizations to overcome datasecurity concerns and operational challenges, such as compliance with dataprivacy regulations and the threat of data loss by physical damage to devices.
Some of thekey players in the Virtual Mobile Infrastructure Industry include Trend Micro (Japan), Avast Software (CzechRepublic), Sierraware (US), Nubo (US), Intelligent Waves (US), Pulse Secure(US), Raytheon (US), Prescient Solutions (US), Fortinet (US), and Genymobile(France). These vendors have adopted various growth strategies, such as,mergers and acquisitions, as well as new product launches and productenhancements, to further expand their presence in the VMI market. They havemajorly adopted the strategies of partnerships and agreements from 2016 to2019, which have helped them innovate their offerings and broaden theircustomer base.
TrendMicro (Japan) is oneof the leading developers and sellers of hybrid cloud security, networkdefense, small business security, and endpoint security solutions. Trend Microis one of the prominent security solutions providers. It provides cloud,network, and end security solutions. The company places significant importanceon innovation. Its subsidiary based in Taiwan carries out R&D activitiesfor the company. In 2013, the company filed patent application related to VMIin the category of protocols for client-server architecture to enhance its gripon the VMI market. The partnership is a key strategy of Trend Micro. Thecompany has many alliance partners, which are divided into 3 categories,namely, technological alliances, distributors, and strategic alliance partners.Technology partners of the company include Wind River, Wheel Systems, Mirantis,Lanner, Dell, Cavium, Advantech, and ADLINK. The company’s VMI solutionprovides robust security to organizations. In June 2017, Trend Micro launched anew USD 100 million venture fund, which enables Trend Micro to nurture newbusiness ideas and to invest in dynamic businesses. Focus on innovation isexpected to give the company a leading edge in the VMI market in the upcomingyears.
AvastSoftware (Czech Republic), is one of the prominent security companies. The company offers dataprotection products for various OS and electronic devices. It has a strongpresence across the globe, which would further help the company enhance itsmarket position. It provides secure VMI platform that can be deployed in thecloud or on-premises. The company focuses on developing innovative products andhas a significant R&D budget. Partnership being the key business strategyof Avast, In July 2016, the company partnered with SK Infosec, a securitysolution provider in South Korea. Through this partnership, SK Infosec offersAvast Virtual Mobile Platform (VMP) to its enterprise mobile security customerbase in South Korea. The partnership helps Avast Software to expand itsbusiness in the South Korean market.
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