Market Size –
The virtual infrastructure manager market size has grown rapidly in recent years. It will grow from $3.33 billion in 2023 to $3.97 billion in 2024 at a compound annual growth rate (CAGR) of 19.1%. The growth in the historic period can be attributed to the expansion of enterprises, rising concerns regarding worker efficiency, infrastructure companies embracing digitalization, the growing demand for virtual infrastructure managers, and the increasing demand for unified and virtual infrastructure monitoring.
The virtual infrastructure manager market size is expected to see rapid growth in the next few years. It will grow to $8.01 billion in 2028 at a compound annual growth rate (CAGR) of 19.2%. The growth in the forecast period can be attributed to the rising implementation of cloud computing, increasing adoption of virtualization, high adoption of bringing your own device (BYOD) policies, cloud adoption among several end-user segments, and increasing workplace flexibility requirements. Major trends in the forecast period include the deployment of innovative applications, the evolution of the 5G network boosts virtual infrastructure, new technologies that guarantee smooth integration, the development of advanced software and technology, and the trend of BYOD and remote working prevalent.
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Scope Of Virtual Infrastructure Manager Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Virtual Infrastructure Manager Market Overview
Market Drivers –
The rising implementation of cloud computing is expected to propel the growth of the virtual infrastructure manager market going forward. Cloud computing refers to the delivery of computing services over the internet, including storage, processing power, and applications, on a pay-as-you-go basis. The increasing adoption of cloud computing is driven by its scalability, cost-efficiency, and ability to enhance business agility and innovation. Cloud computing enables a virtual infrastructure manager to efficiently allocate, manage, and optimize virtual resources and services across a network. For instance, in December 2023, according to Eurostat, a Luxembourg-based intergovernmental organization, around 45.2% of EU enterprises utilized cloud computing services, primarily for email hosting, file storage, and various operational tasks, with a notable increase of 4.2 percentage points from 2021. Therefore, the rising implementation of cloud computing is driving growth in the virtual infrastructure manager market.
Market Trends –
Major companies operating in the virtual infrastructure manager market are focusing on developing advanced hybrid cloud solutions to enhance flexibility and optimize resource management. Hybrid cloud solutions refer to the integration of on-premises infrastructure with public and private cloud services, allowing data and applications to be shared between them for greater flexibility and scalability. For instance, in November 2023, NetApp Inc., a US-based data infrastructure company, launched a new bundled virtualization solution aimed at small and medium businesses. This integrated and affordable solution helps small and medium-sized businesses streamline and accelerate the management of both traditional and modern applications. It features the latest VMware vSphere 8 virtualization software, Fujitsu PRIMERGY Servers, and NetApp all-flash storage systems with operating network technology for appliance products (ONTAP) integration. This combination offers a cost-effective, cloud-ready platform that enables customers to effortlessly transition workloads between on-premises and public cloud environments, ensuring operational consistency.
The virtual infrastructure manager market covered in this report is segmented –
1) By Offering: Solution, Service
2) By Deployment Type: On-Premises, Infrastructure As A Service (IaaS), Cloud Based
3) By Application: Healthcare, Manufacturing, Retail, Telecom, Other Applications
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Regional Insights –
North America was the largest region in the virtual infrastructure manager market in 2023. Asia-Pacific is expected to be the fastest-growing region in the market going forward. The regions covered in the virtual infrastructure manager market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the virtual infrastructure manager market are Google LLC, Microsoft Corporation, Dell Inc., Amazon Web Services Inc., International Business Machines Corporation, Cisco Systems Inc., Oracle Corporation, Broadcom Corporation, Hewlett Packard Enterprise Company, Fujitsu Limited, Telefonaktiebolaget LM Ericsson, NEC Corporation, ServiceNow Inc., Ciena Corporation, Citrix Systems Inc., Rackspace Technology Inc., Hitachi Vantara, Nutanix Inc., Ribbon Communications , Progress Software Corporation, HashiCorp Inc., Corsa Technology, Uila Inc.
Table of Contents
1. Executive Summary
2. Virtual Infrastructure Manager Market Report Structure
3. Virtual Infrastructure Manager Market Trends And Strategies
4. Virtual Infrastructure Manager Market – Macro Economic Scenario
5. Virtual Infrastructure Manager Market Size And Growth
…..
27. Virtual Infrastructure Manager Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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