Market Trends of KVM Switch Industry
This section covers the major market trends shaping the KVM Switch Market according to our research experts:
Increasing Number of Data Centers to Drive the Market Growth
- The principal trend that is supporting data center is the cloud 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, today standing at 21% with an increase of 17% over the past two years.
- Globally, with the increasing demand for data, the need for data centers is rising, as major cloud vendors are focusing on commissioning numerous data center projects, with significant investments. For instance, Amazon, a global leader in terms of cloud management, is increasingly investing in building data centers across the world, especially in the emerging markets, such as Asia-Pacific. The company plans to invest USD 1.5 billion for building two data centers in India, mainly for its AWS wing.
- The increasing demand for the cloud and data traffic moving from and within the data centers are expected to bolster the demand for KVM switch, over the forecast period. According to Cisco Systems, the cloud data center IP traffic is expected to reach 19,509 exabytes per year by 2021, as compared to 1,046 exabytes per year of traditional data center traffic.
Understand The Key Trends Shaping This Market
Download PDF
North America Expected to have Significant Market Share
- The United States is the largest market in the region and currently has the highest number of data centers across the globe and 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. 鈥� Moreover, the declining prices of servers have increased the adoption of cloud computing businesses across North America, which is expected to fuel the demand for switches over the forecast period.鈥�
- Multinational companies in the region, such as Facebook, Microsoft, Apple, and Google, etc., are investing in green digital infrastructures to power through renewable sources.鈥� For instance, in 2019, Google invested over USD 13 billion in data centers and offices in the United States. Such developments in the market are expected to boost the demand for KVM switches over the forecast period.
Get Analysis on Important Geographic Markets
Download PDF
