Digital KVM Market Set to Surpass USD 2.15 Billion by 2030 As Revealed In New Report

Digital KVMs Market Size, Share & Segment By Type (8-Port Switch, 16-Port Switch, 32-Port Switch, Others), By Application (Industrial Use, Government, Home Use, Other), By Regions | Global Market Forecast 2023-2030

The SNS Insider report indicates that The Digital KVMs Market size was valued at USD 468.24 million in 2022. It is estimated to expand at a CAGR of 24.4% from 2023 to 2030, reaching USD 2.15 Billion in 2030.

Market Report Scope:

Digital KVM switches facilitate efficient management of multiple servers and devices from a single console, reducing operational complexities and enhancing productivity in data center environments. Key market drivers include the need for enhanced data center operations, increasing adoption of cloud computing, and growing demand for remote management solutions. However, challenges such as cybersecurity threats and compatibility issues with legacy systems may hinder market growth. Nevertheless, opportunities lie in developing advanced KVM technologies, integrating artificial intelligence and machine learning, and expanding applications in industrial and commercial sectors.

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Key Players Covered in Digital KVM market report are:

• Dell
• Guntermann & Drunck
• Adder
• Raritan
• Aten
• Raloy
• AMS
• Avocent(Emerson)
• Belkin
• Black Box
• Datcent
• D Link
• Fujitsu
• Guntermann & Drunck
• Hiklife
• IBM
• IHSE
• KVM Switc
• Lenovo
• OXCA
• Raloy
• Raritan(Legrand )
• Reton
• Rextron
• Rose Electronics
• Schneider electric
• Smart Avi
• Tripp Lite

Market Analysis:

The digital KVMs market is driven by several factors including the increasing adoption of digital KVM switches in data centers for efficient server management and enhanced productivity. Furthermore, the rise in remote work and the need for remote management solutions amid the COVID-19 pandemic have further accelerated market growth. However, challenges such as cybersecurity threats and compatibility issues with legacy systems may pose a threat to market expansion. Nevertheless, market players are focusing on developing innovative solutions to address these challenges and capitalize on emerging opportunities.

Segment Analysis:

By Type, the 8-Port Switch segment held a significant share of the digital KVMs market due to its ability to provide connectivity to multiple servers and devices from a single console, catering to the needs of large-scale data center operations.

By Application, the Industrial Use segment dominated the market due to the widespread adoption of digital KVMs in industrial settings for remote monitoring and management of critical infrastructure, ensuring operational efficiency and reliability.

Digital KVM Market Segmentation as Follows:

BY TYPE

• 8-Port Switch
• 16-Port Switch
• 32-Port Switch
• Other Type

BY APPLICATION

• Industrial Use
• Government
• Home Use
• Other

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Key Regional Development:

North America held the largest revenue share in 2022 due to the presence of established data center infrastructure and the early adoption of digital KVM technologies. Moreover, increasing investments in IT infrastructure and growing demand for secure communication systems are driving market growth in the region.

Key Takeaway for Digital KVMs Market:

• Increasing adoption in data centers and demand for secure communication systems are driving the growth of the digital KVMs market.
• Opportunities lie in the development of advanced KVM technologies and expanding applications in industrial and commercial sectors.
• Challenges include cybersecurity threats and compatibility issues with legacy systems, which market players are addressing through innovation and technological advancements.

Recent Developments:

• In October 2020, Adder Technology announced the development of a new blog series aimed at helping customers understand the value of IP KVM and exploring its potential in future-proofing system connectivity.
• In April 2020, Aten International unveiled the CN9600 1-Local/Remote Shared Access Single Port DVI KVM over IP Switch. This cutting-edge device offers remote access to digital, video, audio, and virtual media, as well as advanced security features like LS 1.2 encryption and third-party authentication.

Table of Content – Analysis of Key Points

1. Introduction2. Research Methodology3. Market Dynamics4. Impact Analysis5. Value Chain Analysis6. Porter’s 5 forces model7. PEST Analysis8. Digital KVM Market Segmentation, By Type9. Digital KVM Market Segmentation, By Application10. Regional Analysis11. Company Profile12. Competitive Landscape13. USE Cases and Best Practices14. Conclusion

Continued….

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