The surging adoption of the bring-your-own-devices (BYOD) policy is one of the biggest factors fueling the demand for virtual mobile infrastructure across the world. Currently, enterprises are looking for methods for increasing the productivity and efficiency of their employees. With the burgeoning requirement for greater mobility in workplaces, companies are increasingly adopting the BYOD policy. The adoption of this policy helps businesses improve their productivity and reduce their expenditure in information technology (IT).
Moreover, this policy considerably reduces the IT setup time for companies. Virtual mobile infrastructure empowers businesses to host their various mobile applications on servers and provide remote and personalized access to their applications from any devices. The provision of a remote environment improves the data security as no data or applications are stored on the employees’ personal devices. Besides this, the soaring deployment of 5G networks is also boosting the market advancement across the world.
Fifth generation cellular network technology provides increased bandwidth and speed. In 5G, data transfer speeds are predicted to be nearly 10 times greater than those available under 4G. The rising 5G penetration would mitigate buffering and minimize the slow in internet connectivity barrier, as 5G would provide as much as 10 times reduction in end-to-end latency than 4G. This way, the deployment of 5G networks would massively improve the VMI user experience. Because of the aforementioned reasons, the popularity of virtual mobile infrastructure (VMI) is rising rapidly across the globe. This is, in turn, fueling the expansion of the global virtual mobile infrastructure (VMI) market.
Geographically, the virtual mobile infrastructure market will register the highest growth in North America in the forthcoming years, as per the estimates of P&S Intelligence, a market research company based in India. This is credited to the rapid technological advancements and innovations, the presence of a well-established IT infrastructure, the growing usage of smartphones, the increasing internet penetration, and the existence of well-developed healthcare, IT & telecom, and banking, financial services, and insurance (BFSI) industries.
Hence, it can be safely concluded that the demand for virtual mobile infrastructure would surge all over the world in the upcoming years, primarily because of the rising smartphone usage, the growing penetration of the internet, and the soaring deployment of 5G networks around the world.