KVM Switches Market is expected to grow at USD 3.1 Billion By 2031 |Aten International, Avocent Technology, Guntermann & Drunck

Global KVM Switch Market is expected to grow to $3.1 billion by 2031, at a CAGR of 4.7% during the forecast period.

A KVM switch is a hardware device that allows a user to control multiple computers from a single keyboard, video display, and mouse. KVM switches are often used in data centers and office environments to save space and reduce equipment costs. This can be useful in a variety of situations, such as when you want to use multiple computers but only have one set of peripherals, or when you want to save space by consolidating multiple computers into a single workstation. KVM switches come in a variety of forms, from standalone units to ones that are built into keyboards or monitors. Some KVM switches also support additional features, such as audio switching or the ability to share USB devices.

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There are four types of KVM switches: standalone, integrated, blade, and rackmount. Standalone KVM switches are the most basic type and are typically used in small office/home office (SOHO) environments. Integrated KVM switches are built into the server or computer case and provide a more seamless experience. Blade KVM switches are designed for use in server rooms and data centers, and provide a higher level of scalability and flexibility. Rackmount KVM switches are the most versatile type and can be used in a variety of environments.

COVID 19 IMPACT ANALYSIS:

Many enterprises in the KVM Switch sector had to suspend operations due to the COVID-19 outbreak in order to comply with government regulations. While overall demand for digital services increased quickly, the impact of lockdowns and layoffs forced many enterprises to cut expenses and lay off employees. Overall, lockdowns imposed by Covid resulted in rapid growth of cloud based digital services after an initial period of complete shutdown. Growth in digital services such as video conferencing, e-commerce, and OTT resulted in growth of Data Center market and KVM market.

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Key Trends and Drivers:
The major factors driving the growth of the KVM switch market include the rising demand for energy-efficient and compact data center solutions, the increasing need for remote server management, and the growing adoption of cloud-based KVM solutions.
As the need for data grows globally, the necessity for data centers grows as well, with major cloud suppliers focused on commissioning multiple data center projects with considerable investments.
The growth of small and medium businesses is likely to increase demand for data centers around the world. These data centers are critical for information ingestion, computation, storage, and management. Furthermore, the growing demand for data centers is expected to drive up demand for keyboard, video, and mouse switches.
Large businesses are increasingly adopting cloud solutions, whether hybrid, self-managed, or managed. Additionally, cloud offers a variety of benefits to both small and large businesses, including cost savings, increased efficiency, and single-click workforce mobility. This can be seen in the emergence of numerous large cloud providers, which is projected to continue due to security vulnerabilities posed by networked disconnected systems.

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Market Segmentation:

By Type

Enumerated KVM Switch
Multiuser KVM Switch
Analog KVM Switch
Digital KVM Switch

By Application:

Enterprise Level
SMB Level
Small Office and Home Office

By Product:

Console and Rack Mount KVM Switch
Desktop KVM Switch-Standard
Desktop KVM Switch-Secure
High-Performance KVM Switch
KVM over IP

By End Use Vertical:

Telecom and IT
Cloud Services
Financial Sector
Education Sector
Manufacturing Industry
Government Agencies

Key Players:

Belkin International, Inc.
Aten International Co., Ltd.
Vertiv Co.
Fujitsu Ltd.
Network Technologies Inc.
D-Link Corporation
Dell Inc.
Aten International
Avocent Technology
Guntermann & Drunck
IHSE
Tachyum

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This release was published on openPR.