The infrastructure software global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Infrastructure Software Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The infrastructure software market size has grown steadily in recent years. It will grow from $238.51 billion in 2023 to $249.79 billion in 2024 at a compound annual growth rate (CAGR) of 4.7%. The growth in the historic period can be attributed to legacy system modernization, increase in remote work, cybersecurity concerns, automation and orchestration, application performance optimization, regulatory compliance demands..
The infrastructure software market size is expected to see strong growth in the next few years. It will grow to $316.91 billion in 2028 at a compound annual growth rate (CAGR) of 6.1%. The growth in the forecast period can be attributed to edge computing expansion, focus on zero trust security models, containerization and microservices architecture, increased emphasis on devops practices, focus on user experience.. Major trends in the forecast period include hybrid and multi-cloud management, container orchestration and management, user-centric infrastructure design, digital experience monitoring (dem), serverless computing integration..
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Scope Of Infrastructure Software 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.
Infrastructure Software Market Overview
Market Drivers –
The rising demand for 5G connectivity is expected to propel the growth of the infrastructure software market going forward. 5G is the fifth generation of networks, it enables a new type of network that is meant to link almost everyone and everything, including machines, objects, and devices. The advent of new applications and services that were previously disabled with older wireless technologies is projected to benefit the infrastructure software industry as demand for 5G connections expands. Additionally, the growing popularity of cloud computing is boosting demand for 5G. For instance, in September 2022, according to a report published by the GSM Association (GSMA), a UK-based industry organization that represents the interests of network operators globally, 5G technology has resulted in over 640 million 5G connections in 2022, with a total of 2 billion connections expected by 2025. Therefore, the adoption of 5G technology is driving the growth of the infrastructure software market.
Market Trends –
Technological advancements are a key trend gaining popularity in the infrastructure software market. Major companies operating in the infrastructure software markets developing innovative products to strengthen their position in the market. For instance, in June 2021, Hewlett Packard Enterprise, a US-based information technology company, launched a new automated 5G management software solution, expanding its 5G offering with fully integrated automated management. The solution comprises HPE 5G Automated Assurance and a new 5G feature for HPE Service Director, which work together to simplify 5G network administration and decrease deployment risks using a zero-touch, closed-loop approach. The technology is pre-integrated with HPE’s open 5G solutions, including the HPE 5G Core Stack, as well as open-source technologies and open APIs for integration with multi-vendor installations.
The infrastructure software market covered in this report is segmented –
1) By Type: Storage, Network and System Management, Security
2) By Application: Building Management, Integrated Communications, Data Center Infrastructure, Cloud Integrations
3) By End-use: Manufacturing, IT And Telecom, BFSI, Transportation And Logistics, Retail, Healthcare, Other End-Users
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Regional Insights –
North America was the largest region in the infrastructure software market in 2023. The regions covered in the infrastructure software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Key Companies –
Major companies operating in the infrastructure software market report are Amazon Web Services Inc., Bmc Software Inc., Broadcom Inc., Cisco Systems Inc., Dell Inc., Hewlett Packard Enterprise Co., International Business Machines Corporation, Microsoft Corporation, Oracle Corporation, Tibco Software Inc., Red Hat Inc., Apple Inc., EMC Corporation, Fujitsu Ltd., Symantec Corporation, Citrix Systems Inc., Hitachi Ltd., Intel Corporation, SAP SE, Nippon Electric Co. Ltd., Brocade Communications Systems Inc., Canonical Ltd., LANDesk Software Inc., McAfee LLC, Progress Software Corporation, Kaspersky Lab ZAO, NetApp Inc., The Attachmate Group Inc., Trend Micro Incorporated, Palo Alto Networks .
Table of Contents
1. Executive Summary
2. Infrastructure Software Market Report Structure
3. Infrastructure Software Market Trends And Strategies
4. Infrastructure Software Market – Macro Economic Scenario
5. Infrastructure Software Market Size And Growth
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27. Infrastructure Software Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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