Global KVM Market Overview:
KVM Market Size was valued at USD 1.3 Billion in 2023. The KVM industry is projected to grow from USD 1.5 Billion in 2024 to USD 5.0 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 16.3% during the forecast period (2024 - 2032). The increased number of data centers and the growing usage of KVMs in IT & telecommunications, banking, aerospace and military are the key market drivers enhancing the market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
KVM Market Trends
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Growing number of data centers is driving the market growth
Market CAGR for KVM is driven by the rising number of global data centers. The KVM enables users to control many consoles simultaneously when combined with a KVM manager. Using a video display monitor, a keyboard, a mouse, a video camera, and other devices, KVMs used in data centers enable the user to monitor and manage several computers. KVMs were initially used to handle servers and data in server rooms and data centers. However, clients are choosing KVMs more and more due to the sharp decline in the cost of personal computers (PCs). KVMs are anticipated to have tremendous growth in the next years due to their numerous benefits, which include time savings, reduced time consumption, and space savings.
Additionally, the demand for data centers is growing globally due to the rise in data demand, and major cloud vendors are focusing their efforts on commissioning numerous data center projects with substantial investments. For instance: Amazon, a market leader in cloud management, is investing more and more in constructing data centers around the globe, particularly in rising countries like Asia-Pacific. The business intends to spend USD 1.5 billion on constructing two data centers in India, mostly for its AWS division.
Furthermore, increasing usage of KVMs in IT & telecommunication, banking, aerospace and military are other factors driving the demand for KVMs in the projected period. Businesses with an extensive range of products and a high risk of cyber-attacks, such as those in the banking, telecommunications, and information technology industries, are storing data on the cloud and offering improved security features to shield sensitive data from breaches. Users can control data that is stored across various computers with the use of KVM switches, which also facilitate secure access. The market for KVM will expand dramatically in response to the rising demand for cloud storage. As a result, it is anticipated that throughout the projection period, demand for KVMs will increase due to the rising usage of KVMs in the forecast period. Thus, driving the KVM market revenue.
KVM Market Segment Insights:
KVM Type Insights
The KVM Market segmentation, based on type, includes digital KVM matrix systems and analog KVM matrix systems. The analog KVM matrix systems segment dominated the market, accounting for maximum market revenue. Analogue KVM is operated via a direct cable connection between the computers, KVM switch, and console. Although more people are utilizing digital server management solutions, many IP administrators still favor analog KVM solutions since they are more affordable than digital ones.
Figure 1: KVM Market by Type, 2022 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
KVM Product Insights
The KVM Market segmentation, based on product, includes KVM switches, KVM extenders, KVM matrix managers, and others. The KVM switches market is dominated due to edge computing, cloud computing, government regulations, high data center operational costs, and advancements in smart computing devices. KVM switches are used in various settings outside data centers, including surveillance, Kiosk administration, digital media, and industrial computer control. The KVM switch is used in surveillance applications as a digital interface to integrate non-IP surveillance equipment like CCTV and make remote access possible.
KVM Control Insights
The KVM Market segmentation is based on USB, Ethernet, RS-232, infrared, RS-485, and others. The USB segment dominated the KVM market due to its data transfer and high-speed internet USB 3.0. Additionally, with USB’s twin simplex architecture and higher bandwidth, USB 3.0 can share data without turning the bus or worrying about collisions.
KVM Vertical Insights
The KVM Market segmentation, based on vertical, includes IT & telecommunication, broadcasting, government, aerospace & defense, BFSI, and aviation. The IT & telecommunication category generated the most income. The IT & telecommunication segment is expanding in developing countries and adopting servers to manage data. Operators can use KVM switches and extenders to share and control remote PCs and servers from their local workstations.
KVM Regional Insights
By region, the study provides market insights into North America, Europe, Asia-Pacific and Rest of the World. The North American KVM market area will dominate this market, owing to an increase in the number of data centers. In addition, the growing number of mobile broadband rises in cloud computing will boost market growth in this region.
Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: KVM Market SHARE BY REGION 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe's KVM market accounts for the second-largest market share due to the widespread use of KVM-over-IP operations among the leading broadcast service providers. Further, the German KVM market held the largest market share, and the UK KVM market was the fastest-growing market in the European region.
The Asia-Pacific KVM Market is expected to grow at the fastest CAGR from 2024 to 2032 due to the abundance of cost-competitive workforces and the provision of favorable raw material prices. Moreover, China’s KVM market held the largest market share, and the Indian KVM market was the fastest-growing market in the Asia-Pacific region.
KVM Key Market Players & Competitive Insights
Leading market players are investing heavily in research and development to expand their product lines, which will help the KVM market, grow even more. Market participants are also undertaking various strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. The KVM industry must offer cost-effective items to expand and survive in a more competitive and rising market climate.
Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the global KVM industry to benefit clients and increase the market sector. In recent years, the KVM industry has offered some of the most significant advantages to technology. Major players in the KVM market, including Black Box Corporation (US), Aten International Co. Ltd. (Taiwan), Adder Technology Ltd. (UK), SmartAVI Inc. (US), IHSE GmbH (Germany), Raritan (US), Vertiv Group Corp. (US), KVM Tech (Austria), and others, are attempting to increase market demand by investing in research and development operations.
ATEN International Co. Ltd. is a Taiwan-based company that was founded in 1979. ATEN specializes in connectivity and management solutions for accessing and sharing technology to create an effective and uniform service standard for our global presence. ATEN unifies all of its goods and services under one brand. ATEN is prepared to expand its brand’s global reach and offer more connectivity options. ATEN seeks to prosper in a brighter future by achieving harmony between technology and sustainability. For Instance: In December 2022, The CS22HF 2-Port USB FHD HDMI Cable KVM Switch was introduced by ATEN International Co., Ltd., a well-known supplier of AV/IT (Audio Video/ Information Technology) management & communication solutions. By pressing a button, users can quickly switch between two PCs using this switch. Users can operate two PCs via HDMI and USB connectors by setting up a desktop console and a single keyboard, mouse, and monitor. The CS22 HF’S small size frees up desktop space while providing FHD viewing quality to improve productivity.
IOGEAR builds on a history of assisting users in connecting to sophisticated and complex technologies for homes or businesses. IOGEAR produces cutting-edge, high-performance, and dependable connection solutions that assist corporate and customer users realize the full potential of their technology investments. IOGEAR further provides top-notch customer and partner support. IOGEAR provides a customer-focused culture that prioritizes excellent service to partners or customers.
Key Companies in the KVM market include
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Black Box Corporation (US)
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Aten International Co. Ltd. (Taiwan)
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Adder Technology Ltd. (UK)
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SmartAVI Inc. (US)
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IHSE GmbH (Germany)
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Raritan (US)
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Vertiv Group Corp. (US)
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KVM Tech (Austria)
KVM Industry Developments
July 2023: Banana Pi started work on the BPI-KVM box in July 2023. The device is powered by a Rockchip RK3568 SoC. However, it’s not a mini-PC; it is a KVM over IP solution. In other words, it allows you to remotely control another computer or device as if you were there with it. For example, you can turn on and off the connected device or access its BIOS. Commercial KVM over IP solutions have long been expensive. However, people have started to use Raspberry Pi SBCs with an expansion board, such as the PiKVM v3. And more recently, Raspberry Pi CM4-based KVM over IP solutions launched for under $200. Seeing this trend, Banana Pi has decided to release its own BPI-KVM. The latter is powered by an IO-rich Rockchip RK3568 processor that provides all interfaces needed for this type of application.
Cable Matters announced a USB-C Keyboard Video Mouse (KVM) switch dock designed for two computers. The Cable Matters USB-C KVM Switch Dock lets two devices share one keyboard and mouse, charger, peripherals, and two ultra-high-definition displays using just one USB-C cable for connection. Combining the performance of a USB-C dock — offering a one-cable connectivity solution – with the flexibility of a USB-C switch — sharing peripherals between multiple devices — the Cable Matters USB-C KVM Switch Dock aims at streamlining workspace setup while providing flexibility and convenience.
Anker released the 553 USB-C Docking Station (KWM Switch) in Europe; earlier this year, the device arrived in America. The docking station allows users to connect a laptop and PC desktop, featuring an accompanying KWM switch to toggle between devices. Furthermore, additional ports on the dock, including USB-A and C, allow computers to share peripheral information. The Anker 553 USB-C Docking Station (KWM Switch) has arrived in Europe after its recent launch in America. Ports on the device include USB-C 65W to connect a laptop and USB-C, DP-IN, and HDMI-IN to connect a PC Desktop. The gadget allows you to share up to five peripheral devices via 480 Mbps USB 2.0, two 5 Gbps USB-A, 5 Gbps 20W USB-C PD, and 3.5 mm AUX ports.
December 2022: ATEN INTERNATIONAL Co., Ltd, which is one of the leading providers in AV/IT (Audio Video/Information Technology) management and connectivity solutions, introduced the CS22HF 2-port USB FHD HDMI Cable KVM Switch. This switch allows users to shift between two PCs by simply hitting the button.
March 2022: VuWall Technology Inc., a provider of unified visualization solutions and video wall control systems, stated that it would exhibit two new products at InfoComm 2023. The first item is the PAK KVM capability, which will be made available as part of TRx’s centralized management platform, version 3.5. the VuStream 350 IP KVM encoder is the second item.
January 2022: at CES 2022, IOGEAR announced several types of PC gaming and other accessories, including keyboards as well as gaming-specific KVM. At CES 2022, IOGEAR will exhibit a wide-ranging array of computer and cellphone devices.
KVM Market Segmentation:
KVM Type Outlook
KVM Product Outlook
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KVM Switch
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KVM Extender
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KVM Matrix Manager
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Others
KVM Control Outlook
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USB
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Ethernet
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RS-232
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Infrared
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RS-485
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Others
KVM Vertical Outlook
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IT & Telecommunication
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Broadcasting
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Government
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Aerospace & Defense
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BFSI
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Aviation
KVM Regional Outlook
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Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
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Asia-Pacific
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China
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Japan
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India
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Australia
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South Korea
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Australia
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Rest of Asia-Pacific
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Rest of the World
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Middle East
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Africa
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Latin America
| Report Attribute/Metric |
Details |
| Market Size 2023 |
USD 1.3 Billion |
| Market Size 2024 |
USD 1.5 Billion |
| Market Size 2032 |
USD 5.0 Billion |
| Compound Annual Growth Rate (CAGR) |
16.3% (2024-2032) |
| Base Year |
2023 |
| Market Forecast Period |
2024-2032 |
| Historical Data |
2018- 2022 |
| Market Forecast Units |
Value (USD Billion) |
| Report Coverage |
Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered |
Type, Product, Control, Vertical, and Region |
| Geographies Covered |
North America, Europe, Asia Pacific, and the Rest of the World |
| Countries Covered |
The US, Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
| Key Companies Profiled |
Black Box Corporation (US), Aten International Co. Ltd. (Taiwan), Adder Technology Ltd. (UK), SmartAVI Inc. (US), IHSE GmbH (Germany), Raritan (US), Vertiv Group Corp. (US), KVM Tech (Austria) |
| Key Market Opportunities |
Rising Technical Advancements |
| Key Market Dynamics |
Increase in the number of data centers Rising usage of KVM in banking, IT & Telecommunication |
Frequently Asked Questions (FAQ) :
The KVM Market size was valued at USD 1.3 Billion in 2023.
The global market is projected to grow at a CAGR of 16.3% during the forecast period, 2024-2032.
North America had the largest share of the global market
The key players in the market are Black Box Corporation (US), Aten International Co. Ltd. (Taiwan), Adder Technology Ltd. (UK), SmartAVI Inc. (US), IHSE GmbH (Germany), Raritan (US), Vertiv Group Corp. (US), KVM Tech (Austria).
The analog KVM matrix system category dominated the market in 2023.
The KVM switch had the largest share in the global market.
