The market trends in VMI are constantly changing, and companies use different market share positioning tactics to outsmart the others. Among them is differentiation, which entails distinguishing a firm's VMI from competitors by creating a product that suits the specific needs of customers. This could involve having unique features or superior performance on the part of the company or providing special user cases that make its product different from what others have to offer. Another important strategy is the cost leadership approach for businesses intending to become the lowest-cost producers in the VMI market. It is particularly effective in low-cost scenarios as it allows firms to draw more customers on board with affordable prices. Cost leadership requires efficiency in operations, and economies gained through large-scale production, and skillful cost management so that profitability can still be maintained as compared to rivals while selling at lower rates than them. Cost leadership enables companies to appeal to price-conscious consumers seeking cheaper products.
VMI Market segmentation is another strategic practice in this industry. By identifying and targeting separate customer groups using customized VMI systems, organizations can satisfy different customer groups' unique tastes and preferences. To do this well, companies must understand the differing customer requirements so as to create separate marketing plans, sales strategies, and product concepts for each group. In recent times, strategic partnerships and alliances have become increasingly common within the VMI arena since many corporations want to take advantage of each other's strengths (Bones & Ahonen 2010). These agreements can be signed with other technology vendors, software developers, or mobile device makers, enriching their existing products with some new features associated with mobile virtualization and making them more appealing.
Aggressive marketing and brand building play a pivotal role in market share positioning strategies. Companies invest heavily in branding activities on both online and offline media platforms aimed at establishing credibility as well as ensuring brand recognition within the VMI sector (Singh & Ghosh 2011). Effective marketing campaigns will highlight key benefits, features, and real-life stories to attract potential customers and reinforce the brand's image in the market. Lastly, continuous innovation is a cornerstone strategy in the VMI market. Being a fast-evolving field, companies that engage in research and development of their VMI solutions stay ahead of the game (Cho 2011). It may involve improving on current aspects or adding new functions such as 5G integration or enhanced security infrastructures that are now needed. In so doing, they meet today's requirements while positioning themselves as futuristic players with cutting-edge technology, thus attracting clients who like up-to-date products.
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Market Opportunities | The increasing number of small- and medium-sized enterprises and the increasing security with the use of virtual mobile infrastructure are expected to propel the market growth during the forecast period. |
Virtual Mobile Infrastructure Market was valued at USD 3.3 Billion in 2030 and is expected to register a CAGR of 8.20% during the forecast period. Virtual mobile infrastructure is a technology that enables a mobile application to run on a virtual machine or operating system located in remote areas. It allows centralized applications to run on a secure host that is housed in the data center instead of the device itself.
The mobile applications are accessed remotely from mobile devices such as tablets, smartphones, and other mobile devices. The major driving factor for the growth of the virtual mobile infrastructure market is the increase in the utilization of mobile devices and the reduction in the hardware and operating costs using virtual mobile infrastructure technology.
By Component, the global virtual mobile infrastructure market has been divided into platforms and service. The service segment has been broken down into two sub-segments: professional services and managed services.
Based on Deployment, the global virtual mobile infrastructure market has been divided into cloud and on-premise.
Based on Organization Size, the global virtual mobile infrastructure market has been divided into small- and medium-sized enterprises (SMEs) and large enterprises.
On the basis of vertical, the global virtual mobile infrastructure market has been divided into BFSI, manufacturing, healthcare, IT and telecommunication, government, and others.
The Global Virtual Mobile Infrastructure Market has been analyzed for five regions—North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.
The Global Virtual Mobile Infrastructure Market is estimated to register a CAGR of 9.3% over the forecast period. The geographic analysis of the global virtual mobile infrastructure market has been done for North America, Europe, Asia-Pacific, the Middle East & Africa, and South America. North America accounted for the largest market share due to the growing use of smartphones and the increasing implementation of virtual mobile infrastructure across small- and medium-sized enterprises.
Announcement of cooperation between Nokia and Red Hat on Communications Solutions with the Base of Red Hat’s Infrastructure Platforms and Nokia’s Core Network Applications in June 2023. This would also allow service providers to benefit from Nokia’s future-ready core network software development as well as from Red Hat’s ability to deploy bare-metal, virtualized or public cloud.
January 2023: Indigo AG, a European-based provider of intelligent cybersecurity solutions as well as BSS/OSS platform services to the telecommunications industry, has decided to further enhance its existing collaboration with MTEL, which is an international MVNO (Mobile Virtual Network Operator) belonging to Telekom Srbija Group. I-new GmbH is already using Cyan AG's subsidiary MVNO platform in the DACH region. Now, however, this partnership includes cyber security integrated within Blue Groups network that will enable MTEL subscribers can surf the web safely and without restrictions going forward.”
In July 2022, Vodafone Spain established a strategic partnership with Kyndrylto support corporate customers (private and public entities) who are moving towards adopting hybrid multi-cloud strategies in order to speed up their digital transformation journeys. It strengthens Kyndryland Vodafone Business' long-standing relations by relying on a Cloud environment that already supports technologies such as IoT or 5G. As such, both firms will offer clients the most comprehensive range of services and technologies that will enable them to step up their digital transformation efforts.
Moreover, T-Mobile, Applied Information and Temple Inc. have launched 5G-connected vehicle technology, allowing traffic signals’ interaction with all vehicles through an innovative mobile application in Peachtree Corners-one of America’s first smart cities powered by real-world connected infrastructure and running on 5G networks March 2022. This allows traffic systems like smartphones people use for their day-to-day activities, to connect with any vehicle via signaling systems of traffic lights. Hundreds of miles in metro Atlanta are installed with T-Mobile’s fastest nationwide 5G network and largest mobile network. The app TravelSafely provides auditory alerts for those who might run a red light and helps them get ready for a green light.
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