Market Research Future published a report on the global KVM Switch Market.
The primary function of a KVM switch is to facilitate centralized control over multiple computers, streamlining operations by allowing users to access and manage them using a single set of peripherals - a video display monitor, keyboard, and mouse. This not only translates to significant time savings but also leads to space optimization and cost reduction. KVM switches are commonly deployed in data centers housing numerous servers within a single rack. While their initial use was predominant in data centers and server rooms, their versatility has led to broader applications across various industries and settings.
Market Research Future (MRFR) has published a cooked research report on the “Global KVM Switch market” that contains information from 2019 to 2032. The KVM Switch market is estimated to register a CAGR of 7.04 % during the forecast period of 2024 to 2032.
MRFR recognizes the following companies as the key players in the global KVM Switch market - Guangdong Avcit Technology Holding CO.LTD., WEY Technology AG, Black Box KVM Limited., D-Link Corporation Inc., Dell Inc., Fujitsu Limited, IHSE KVM, ATEN International Co., Ltd., Schneider Electric SE, Shenzhen CKL Technology Co., Ltd, Vertiv Holdings Co, PLANET Technology Corporation, Adder Technology Limited, and Others.
KVM Switch Market Highlights
The global KVM Switch market is accounted for to register a CAGR of 7.04 % during the forecast period and is estimated to reach USD 4,121.1 million by 2032.
Energy-efficient KVM switches are gaining popularity as businesses seek ways to decrease their energy expenditures. These switches consume less power than conventional KVM switches, which can reduce the cost of electricity for organizations. Energy-efficient KVM switches also aid in the reduction of carbon emissions, which is critical for enterprises committed to sustainability. KVM switches, in addition to being energy efficient, can assist businesses cut expenditures and space requirements. Further, it enables enterprises to consolidate several computers into a single rack, saving space in the data center. KVM switches can also help to reduce the number of cables required, which can save expenses even further.
Another significant advantage of adopting KVM switches is their low cost. KVM switches can assist in lowering both the price of equipment as well as the amount of storage space needed to store that equipment by allowing several devices to share a single keyboard, mouse, and monitor. For small enterprises or home users who might need more money or room for various sets of peripherals, this can be especially helpful. KVM switches can also assist with energy savings by enabling you to turn off unused devices, lowering the overall cost of ownership.
Furthermore, while reducing space, lowering hardware costs, and streamlining data center design are among the most often claimed benefits of KVM switches, they have a plethora of other benefits. By reducing hardware redundancy, KVM switches can minimize the overall electrical load and power consumption. Using KVM switches can help reduce the size of cooling systems and the number of server rack cabinets (and the consequent cable clutter) that are required. Thus, these are the major factors contributing to the KVM switches demand during the forecast period.
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Segment Analysis
The global KVM Switch market has been segmented based on Type, User-Type, Organization Size, and Vertical.
Based on type, the global KVM Switch market segmentation includes KVM-Desktop Switch, KVM-IP Switch, KVM-Secure Switch, KVM High-Performance Switch and Others. The KVM-IP Switch segment held the majority share in 2022, contributing around ~36 % to the market revenue.
Based on Organization Size, the global KVM Switch market segmentation includes SME’s and Large Enterprises. SME’S are anticipated to grow at the highest during the forecast period. The number of devices that staff members are managing has increased across on-premises and co-located data centers, edge locations, remote offices, and more. Staff members can control devices across a constantly expanding geographic area with the use of KVM switches. A lot of switches are created for small and medium-sized businesses. It makes it possible for IT, data center, lab, and network administrators to remotely operate computers and serial devices in order to maximize uptime, save pointless travel, and promptly address problems. When there is a lack of space, the majority of IT departments use KVM Switches. The gadget can operate a variety of servers and links these peripherals to a variety of PCs, ranging in size from 2 to 32. With extension solutions, KVM switches enable access to and control of both local and remote network equipment. KVM switches are now utilized not just by small businesses but also by individuals in their homes.
Based on the User-Type, the global KVM Switch market segmentation includes Small & Medium Enterprise and Large Enterprise. By Organization Size, Large Enterprise segment hold the majority market share in 2022 contributing 57.2% of the market share. Maintaining a high cash flow in the business is one of the top priorities in large enterprises. KVM Switch enables enterprises to give their clients an option to pay from a variety of KVM Switch gateways. Instant payment, quick & easy setup, credibility for merchants, merchant reliability, and recurring payments are some of the advantages of using KVM Switch in large enterprises.
Based on Vertical, the global KVM Switch market segmentation includes IT & telecom, government, marine, military & defense, aviation, retail, healthcare, media & entertainment, and others. By Vertical, the IT & telecom segment holds the majority market share in 2022 contributing 37.8 % of the market share. KVM switches allow remote access to servers and computers. This can be useful for IT administrators who need to debug problems or provide support to remote users.
Regional Analysis
By Region, the study provides market insights into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. In terms of revenue, North America held the largest share of 37.7% in the KVM Switch market in 2022 and is expected to maintain its dominance during the forecast period. North America is expected to dominate the global KVM Switch market in terms of market share during the forecast period. The presence of key players and a focus on infrastructure development in the region contribute to market growth. The region by country has been segmented into the US, Canada, and Mexico. Multinational corporations in the region, including Facebook, Microsoft, Apple, and Google, are investing in green digital infrastructures powered by renewable sources. For example, Google invested more than USD 13 billion on data centers and offices in the United States in 2019. Such market developments are projected to drive demand for KVM switches over the forecast period.
Europe, which is expected to fuel the demand for KVM switch over the forecast period. As of October 2022, 487 data centers were in Germany, the most of any European nation. Data centers are buildings that house computer systems and centralize organizations' shared information technology (IT) operations. The UK is a globally important data center market (holding 6% of the world market share), home to the largest datacenter market in Europe (holding 22% of market share) and the world's second-largest commercial cluster.
Asia-Pacific is the fastest-growing regional market in global digital payment. The penetration of the KVM Switch is considerably higher in the region, as the governments have made significant investments in KVM Switch research and development. Furthermore, the region is focused on digitalization, increased investment, and rapid growth of industrial and commercial infrastructure.
The Middle East and Africa are expected to grow due to the extensive deployment of KVM Switch in various industries, such as IT & Telecom, Government, Marine, Military & Defense, Aviation, Healthcare, Media & Entertainment, etc. There is growing adoption of KVM switches in homes which is the key driving factor for the adoption of KVM Switch infrastructure in this region.
The key drivers for the growth in demand for KVM Switch in South America are growing demand for data centers in the region, growth in the infrastructure sector, growing IT industry and increasing adoption of higher efficiency devices.
Key Findings of the Study
- The global KVM Switch market is expected to reach USD 4,121.1 million by 2032, at a CAGR of 7.04% during the forecast period.
- The North America region accounted for the fastest-growing global market, imperative factors, such as the significant number of investments and key market players in North America, making it the primary contributor to the market share.
- Based on type, the KVM-IP switch segment was attributed to holding the largest market in 2022, with an approximate market share of 36 %.
- Guangdong Avcit Technology Holding CO.LTD., WEY Technology AG, Black Box KVM Limited., D-Link Corporation Inc., Dell Inc., Fujitsu Limited, IHSE KVM, ATEN International Co., Ltd., Schneider Electric SE, Shenzhen CKL Technology Co., Ltd, Vertiv Holdings Co, PLANET Technology Corporation, Adder Technology Limited, and Others are the key market players.
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Base Year | 2022 |
Companies Covered | 15 |
Pages | 188 |
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