The sudden challenges created by the ongoing COVID-19 are captured effectively to exhibit the long term growth projections in the MRFR report on KVM Market. The growth sectors of the KVM Market are identified with precision for a better growth perspective.
The Global KVM Market is expected to expand at 2.7% CAGR to secure a market value of USD 1,155.8 Million in 2025.
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Market Highlights
Consumers are currently still opting for KVMs with the decline in the price of personal computers ( PCs). KVM 's advantages such as savings in space, time and cost have increased its application in various industries including IT & Telecom, Marine, and Aerospace & Defence. International industry growth is driven by the increase of data center numbers across the globe. The technology has been in the market for many decades but the device has changed dramatically with technical advancements. Because of these advantages it is commonly used in all types of data centers. The design of green data centers or server rooms was also explored in greater detail. The need for green data centers has gained pace due in large part to different regulatory norms for optimizing energy use.
Regional Analysis
The global KVM market is geographically segmented into North America, Europe , Asia-Pacific, Middle East & Africa and South America. North America accounted for 37.65 per cent of the highest market share in 2018. During the forecast period North America is expected to hold the largest share in the KVM market. Rapid advances in digital technology are the reason for the growth of the KVM market in the region. The market is also expected to gain pace in the region due to the presence of early technology adopters.
Nevertheless, the Asia-Pacific KVM market is expected to register the highest CAGR of 4.9%. The increasing number of data centers across the area and main market presence players in countries such as China, Japan, Taiwan are expected to fuel the growth of KVM systems during the forecast period.
Segmental Assessment
The global market for KVM has been segmented by Form, Service, Power, Os Support, Vertical, and Area.
The market was segmented into digital KVM matrix and analog KVM matrix according to the form. The analog KVM matrix system sector accounted for the bigger market share of 63.0 per cent in 2018, while the higher CAGR of 3.2 %.
The market was classified into KVM switches, KVM extensors, and KVM matrix managers and others based on the product. The KVM switch segment accounted for 65.7 percent of the largest market share in 2018, while the KVM extender segment is projected to report the highest CAGR of 4.9 percent during the assessment period.
The market was segmented into USB, Ethernet, RS-232, Infrarot, RS-485, and others based on the control. The USB segment accounted for 35.9 percent of the largest market share in 2018, while the rs-232 segment is projected to record 3.0 percent of the highest CAGR.
The market has been classified into Windows , Linux and others based on OS support. The Windows segment accounted for 68.7 percent of the largest market share in 2018, while the Linus segment is expected to record the highest CAGR of 3.7 percent during the forecast period.
The market was segmented into IT & telecommunications, broadcasting, government, aerospace & defence, BFSI, aviation, retail, and others, based on the vertical. The IT & Telecommunications segment accounted for 23.3 percent of the largest market share in 2018, but the aerospace & defense segment is expected to record the highest CAGR of 4.2 percent.
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