Global Virtual Mobile Infrastructure to reach US$296 million by 2030

The global market for Virtual Mobile Infrastructure estimated at US$181.2 Million in the year 2022, is projected to reach a revised size of US$296 Million by 2030, growing at a CAGR of 6.3% over the analysis period 2022-2030, according to Research and Markets

Platforms, one of the segments analyzed in the report, is projected to record 6.1% CAGR and reach US$196.5 Million by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Services segment is readjusted to a revised 6.8% CAGR for the next 8-year period.

The U.S. Market is Estimated at $53 Million, While China is Forecast to Grow at 5.7% CAGR

The Virtual Mobile Infrastructure market in the U.S. is estimated at US$53 Million in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$50.8 Million by the year 2030 trailing a CAGR of 5.7% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.5% and 4.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.4% CAGR. Research and Markets