Global KVM Market Opportunities, Development Status, Regional Trends, Sales Revenue and Market Growth | MRFR

According to market research future insights analysis, the global KVM Market is expected to register a CAGR of ~ 2.3% from 2022 to 2030 and hold a value of over ~USD XX million by 2030.

KVMs are anticipated to grow tremendously in the next years due to their various advantages, including less usage, time savings, and lower space requirements. The main growth drivers in the market include the expanding use of KVMs in the military, maritime, aerospace, and IT and telecommunications sectors. On the other hand, the global KVM market has seen the most growth due to the rising number of data centers worldwide. Although KVM technology has been accessible on the market for many years, it has undergone major changes in the industry due to recent technological breakthroughs. However, the complexity of the application’s functioning may limit the growth of the global KVM market. COVID-19 is anticipated to have very little impact on the KVM market. On the other side, the lockdown implemented to stop the coronavirus’s spread had a detrimental effect on these KVM equipment manufacturers’ ability to purchase the parts required to make KVMs and their ability to produce and distribute finished goods. Additionally, there was a significant lack of workers in the industry, and it was challenging to find people to work in quarantine.

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KVM Market Key Players

Some of the key market players are

• Black Box Corporation (US)
• Guntermann & Drunck GmbH (Germany)
• Aten International Co. Ltd (Taiwan)
• Adder Technology Ltd (UK)
• SmartAVI Inc. (US)
• IHSE GmbH (Germany)
• Raritan (US)
• Vertiv Group Corp. (US)
• Icron (Canada)
• Gefen (US)
• Austin Hughes Electronics Ltd (Hong Kong)
• ABB (Switzerland)
• APANTAC LLC (US)
• Evertz Technologies Limited (Canada)
• KVM Tech (Austria)
• Raloy Inc (US)
• Network Technologies Inc. (US)
• Matrox (Canada)
• RGB Spectrum (US)
• Thinklogical (US).

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KVM Market Regional Analysis

North America dominated the market for KVM in 2021. The largest market in the region, the United States, now has the most data centers worldwide and is experiencing rapid growth in terms of big data volume and traffic because of the expansion of data centers. The rise in cloud computing, big data analytics, and mobile broadband fuels the region’s need for KVM switches. A further factor driving the demand for switches over the predicted period is the expansion of cloud computing enterprises across North America due to the falling prices of servers. Multinational corporations operating in the area, including Facebook, Microsoft, Apple, and Google, are investing in green digital infrastructures powered by renewable energy.

Besides, Europe has the second-highest value KVM market in the world. The market is being driven by the widespread adoption of KVM-over-IP operations by the top broadcast service providers in the globe. With a compound annual growth rate of 1.6% throughout the forecasted time frame, the European KVM market share is anticipated to produce a sizeable income stream. Due to the availability of a large number of workforces that are cost-competitive and the availability of affordable raw materials, the KVM industry is growing quickly in this region.

KVM Market Segmentation

The global KVM market has been segmented into type, product, control, and vertical.

The KVM Market has been segmented based on type into digital KVM matrix systems and analog KVM matrix systems. The digital KVM matrix segment dominated the market in 2021. By using digital KVM matrix switches, you can control many PCs from several consoles (consisting of a display, keyboard & mouse). Users can select between small and modular central modules depending on their needs. For all popular video signals, user modules and computer modules are both available, and both offer a variety of capabilities to let you customize your system to your specific needs.

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Based on product, the market has been segmented into KVM switch, KVM extender, KVM matrix manager, and others. The KVM extender segment dominated the market in 2021. Businesses with many data and a high risk of cyberattacks, such as banking, telecommunications, and IT, are using cloud storage and enhancing security features to shield sensitive data from breaches. Users may easily access and control data that is stored across various systems with the use of KVM switches.

Based on vertical, the market has been segmented into IT & telecommunication, broadcasting, government, aerospace & defense, BFSI, and aviation. In 2021, the telecom and IT sector held the largest market share as KVM switches assist users in controlling data stored across different s systems and ensuring secure access.

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