After facing lose during pandemic period, all the market price and industries are increasing their worth and bringing the things to normal. Same is in the case of KVM Switch market.
The switch market is going to grow at a CAGR of 5% in 2021-2026 time period. Increasing demand of data storage devices and drivers are increasing the pace of KVM switch market. Factors like edge computing, cloud computing, high data center operational cost and progress in smart computing are anticipated. In order to significantly influence the growth KVM market.
Several companies are investing in the expansion of their operations to strengthen their global footprint. To enhance their market presence. For instance, in January 2020, Stack Infrastructure, a wholesale data center colocation provider. He raised over USD 1 billion to build a massive 125 acre, four million-square-foot campus in Northern Virginia, US. The new data center campus is expected to offer more than 250 megawatts of critical capacity with flexible build-to-suit facilities capable of serving large data center users.
KVM Market Trends
Cloud is the principal trend supporting data centers and its connection to billions of connected devices such as autonomous vehicles, PCs, virtual reality systems, and others. For instance, 80% of all enterprise (and mission-critical) workloads will move to the cloud (Oracle’s Cloud Prediction, 2019). Even as the absolute number of files stored in the cloud has grown rapidly. The percentage of files that contain sensitive data has also grown.
The increasing demand for the cloud and data traffic moving from and within the data centers are expect to bolster the demand for KVM switch. Over the forecast period. According to Cisco Systems, the cloud data center IP traffic is expect to reach 19,509 exabytes per year by 2021. As compared to 1,046 exabytes per year of traditional data center traffic.
North America Market Share
The U.S. is the largest market and has highest number of data centers across the world. America is witnessing robust growth in terms of volume of big data and traffic owing to the increase in the number of data centers.
The expansion of mobile broadband, growth in cloud computing, and Big Data analytics are driving the demand for KVM switch in the region. Moreover, the declining prices of servers have increase the adoption of cloud computing businesses across North America. Which is expect to fuel the demand for switches over the forecast period.
The KVM Switch Market is highly fragment due to the presence of many vendors offering advanced KVM switches. The performance of the vendors in the KVM extender market is also determine by technological innovations integrate into the product portfolio. Major players include ATEN International, Fujitsu Limited, D-Link Corporation, among others.
- April 2020 – Aten International launched its CN9600 1-local/remote share access single port DVI KVM over IP switch. Designed to allow for remote access of digital, video and virtual media via remote control of a PC or workstation. The CN9600 features a virtual media function, allowing users to perform diagnostic testing, file transfers, or apply OS/application updates and patches. From a remote console.