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Business / Cloud / Datacenter

Global Remote Infrastructure Management market expected to touch $44 billion by 2023: KBV Research

Global Remote Infrastructure Management market expected to touch $44 billion by 2023: KBV Research

The global Remote Infrastructure Management (RIM) market is predicted to touch $44.6 billion by 2023, growing at a CAGR of 11.4% during the forecast period (2017-2023), as per a report by KBV Research.

Sometimes the physical infrastructure of an organization is geographically separate from IT management services. In such scenario, the RIM enables organizations to remotely manage the IT infrastructure completely or in parts, like management of desktops, laptops, servers, network services, storage devices, IT security devices, etc.

The economic deployment, limited network downtime, and effective network managements will be the key factors to drive the global RIM market. The other contributors to the market size growth will be high quality of service, better output, and minimized network and data issues.

  • By Core Services:

Based on Core Services, Server Management market was dominated by North America in 2016, and will continue its dominance till 2023, showing a CAGR of 8.5% during the forecast period.

Database Management market was dominated by Europe, and is expected to grow at a CAGR of 8.7% during the forecast period.

Whereas, Storage Management market was dominated by Asia Pacific region, and is expected to grow at a CAGR of 14.1% during the forecast period.

  • By Organization Size:

Large Enterprises held the maximum RIM market by Organization Size in 2016, and are expected to continue to dominate the market till 2023.

Small and Medium Enterprises (SMEs) are expected to grow at a CAGR of 15.6% during the forecast period.

  • By Vertical:

BFSI dominated the global RIM market by Vertical in 2016, and will continue its dominance till 2023, showing a CAGR of 9.3% during the forecast period.

Healthcare market will witness a CAGR of 11% during the forecast period, while Retail market is expected to attain value of $5912.1 million by 2023.

Also read: ‘Data Center Switch’ market expected to touch $18 billion by 2023: KBV Research

Fujitsu, Capgemini, Accenture, Genpact, Nityo Infotech, Sensiple, Rigel Networks, Cognizant, UST Global, and AT&T are the major players in Remote Infrastructure Management market.

For full report, visit: https://kbvresearch.com/remote-infrastructure-management-market/

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