KVM Switch Market 2019 Share, Industry Size, Emerging Technologies, Sales Strategies, Industry Landscape, Global Demand, Leading Players and Forecast 2023

KVM Switch Market 2019 Share, Industry Size, Emerging Technologies, Sales Strategies, Industry Landscape, Global Demand, Leading Players and Forecast 2023

” KVM Switch Market “
The global KVM switch market is poised to touch USD 789.0 million at 6.16% CAGR over the forecast period (2018-2023).

KVM Switch Market Overview

The latest MRFR analysis has provided insights on the functioning of the KVM switch market for the forecast period mentioning how the market is anticipated to reach a revenue valuation of USD 789.0 million by 2023. Such report also mentions that the global KVM switch market is expected to register a 6.16% CAGR during the review period. Several factors causative to the ascension of the KVM switch market include the increasing demand for its components, owing to the growing data centers across the globe. A KVM switch is used to direct multiple computers by using a single set of video display monitor, mouse, and keyboard. Hence, these switches save time, space, and are cost-effective, hence, driving the global KVM switch market. Earlier, primary applications of KVM switches in data centers were found with multiple servers placed in a single rack, with primary application in data center and server rooms. However, owing to the reduction in cost of personal computers, consumers are observed to purchase KVM switches for convenience at their homes.

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The adoption of KVM is known to provide value through a saving of space, time, and cost owing to the increasing application of the same in various industry verticals. Such industry verticals include marine, aviation, IT and telecom, and military & defense. For instance, KVM switches are applied in the marine industry for monitoring harbors and seaways, control stations, as well as in maritime control rooms. KVM switches are also used in enterprises for augmentation of efficiency, as well as reduction in energy and other infrastructural costs.

Key Players

Some influential players in the market include D-Link Corporation (Taiwan), Aten International Co., Ltd (Taiwan), Dell Inc. (US), IOGEAR (US), Vertiv Co.(US), Hewlett Packard Enterprise (US), Belkin International, Inc. (US), and Fujitsu Ltd (Japan), Network Technologies Inc. (US), Raritan Inc. (US), and APC (US). 

Market Segmentation

The market for KVM switches has been studied for several segments, which are based on type, user type, organization size, vertical, and region. Based on type, the global KVM switches market is segmented into KVM desktop switch, KVM-IP switch, KVM-secure switch, KVM high performance switch, as well as the serial console. Among these, the KVM-IP switch is estimated to drive the market over the forecast period. Apart from that, the KVM-secure switch and KVM high performance switch segments are expected to upscale at the highest rate.

Based on user type, the global KVM switch market is segmented into single user and multi-user. The latter segment is estimated to account for a larger market share over the forecast period.

Based on organization size, the KVM switch market has been segmented into small & medium-sized enterprises, and large enterprises. Among these segments, the SMEs are estimated to witness substantial growth during the forecast period, owing to the large number of start-ups coming up all over the globe.

Based on vertical, the KVM switch market is segmented into government, IT and telecommunication, marine, military and defense, aviation, healthcare, retail, and media & entertainment. Among these, the IT and telecommunication sector is estimated to dominate the global KVM switch market over the review period.

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Detailed Regional Analysis

The global KVM switch market is studied for the regional segments of North America, Europe, Asia-Pacific, and the rest of the world (including the Middle East, Africa, and Latin America). North America is estimated to hold the foremost share of the market, among all the aforementioned regional segments. Europe is likely to garner second place in the global market. Rapid ascension in the construction of data centers, owing to the rising cloud computing companies are estimated to drive these two regional markets. Further, advancements in mobile computing and Iot are other factors contributing to the ascension of the regional markets.

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