How Is BYOD Policy Driving Virtual Mobile Infrastructure Platform Demand?

Currently, healthcare facilities and business organizations are largely focusing on using cloud-based VMI platforms as they provide greater scalability and flexibility and lower the IT infrastructure costs. As a result of these advantages, small and medium enterprises (SMEs) are increasingly adopting cloud-enabled VMI platforms to prevent data loss.

Cloud-enabled solutions encompass the software-as-a-service (SaaS) model, which enables users to virtually access VMI platforms through the internet. According to P&S Intelligence, North America dominated the virtual mobile infrastructure market in the recent past due to the rapid technological advancements, presence of a developed IT infrastructure, and existence of productive healthcare, and banking, financial services, and insurance (BFSI) sectors.

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Additionally, the booming number of smartphone users and rising penetration of the internet will propel the demand for VMI platforms in the region in the foreseeable future. Moreover, the Asia-Pacific (APAC) region is expected to adopt VMI solutions at the fastest pace in the forthcoming years, due to the rapid economic growth, burgeoning smartphone demand, soaring number of data breaches, and mounting investments in IT infrastructure development in the region.

For instance, according to the Contribution of Smart Phones to Digital Governance in India study by the India Cellular and Electronics Association (ICEA), the number of smartphone users in India is projected to spike from 500 million in 2019 to 820 million by 2022. Thus, the prospering healthcare industry and growing popularity of the BYOD policy will propel the adoption of VMI platforms in the foreseeable future.

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