The KVM switch market revenue is estimated to be USD 1,107.6 million in 2023. The total sales are expected to reach USD 1,562.4 million by 2033, rising at a 3.5% CAGR from 2023 to 2033.
The continued advancement of switch technology is expected to boost the expansion of KVM switches. This market is developing due to reasons such as increased usage of edge computing, increased demand for cloud computing, increased consumption for cloud storage, and increased adoption of data center infrastructure by small and medium companies. The KVM switch market accounts for about 15% of the total network switch industry.
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The growth of mobile broadband, cloud computing, and Big Data research are driving demand for KVM switches in North America. Lower server costs have increased the use of cloud computing enterprises throughout North America, which is expected to stimulate customer demand for switches in the years ahead.
On the other hand, KVM switch companies in Spain are working on improving the security aspects of their KVM switches for the military, government, and other national intelligence organizations. These business sectors commonly employ networks and computers with varied degrees of classification.
Companies in the country are working hard to meet the demand for KVM switches that can be installed into computer systems of various different categories. These variables are expected to contribute to the development of the KVM switch market in Spain during the forecast period.
Key Takeaways from the Market Study
- The KVM IP switch segment is predicted to grow at a 1.5% CAGR in the future years.
- The market has grown at a CAGR of 2% during the last five years.
- Market in India is expected to grow at an excellent rate of roughly 3% CAGR. by 2033
- The small and medium-sized enterprise market is predicted to grow at a 3% CAGR in the future years.
- Through 2033, Spain is estimated to account for 11% of Europe’s KVM switch demand.
Competitive Landscape
Many main solution providers are likely to invest extensively in innovation, research, and development practices in order to discover new uses for KVM switches.
- In December 2022, ATEN INTERNATIONAL Co., Ltd., a leading manufacturer of AV/IT (Audio Video/Information Technology) management and connectivity approaches, launched the CS22HF 2-Port USB FHD HDMI Cable KVM Switch. By touching a button on this switch, individuals can easily switch between two PCs.
- IOGEAR introduced numerous types of PC gaming and other gadgets, including keyboards and a gaming-specific KVM, during CES 2022 in January 2022. IOGEAR exhibited an extensive variety of PC and mobile devices at CES 2022.
Key Players
- Dell Inc.
- Belkin International, Inc.
- D-Link Corporation
- Aten International Co., Ltd.
- IOGEAR
- Vertiv Co.
- Fujitsu Ltd.
- Network Technologies Inc.
- APC (Schneider Electric)
- Adder Technology
- Thinklogical (Belden Inc.)
- Tripp Lite
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More Valuable Insights
Future Market Insights, in its new offering, presents an unbiased analysis of the global KVM Switch market presenting a historical analysis from 2018 to 2022 and forecast statistics between 2023 and 2033.
The study reveals essential insights Component (KVM Desktop Switch, KVM-IP Switch, KVM Secure Switch, KVM High Performance Switch, Serial Console), Switch Type (Single User KVM, Multi-User KVM), Enterprise Size (SMEs, Large Enterprises), Vertical (Government/Public Sector, Telecom & IT, Healthcare and Pharmaceutical, Retail, Finance/Insurance, Content Provider/Media, Others), and Region.
Key Segments Covered
By Component:
- KVM-Desktop Switch
- KVM-IP Switch
- KVM-Secure Switch
- KVM High-Performance Switch
- Serial Console
By Switch Type:
- Single User KVM
- Multi-User KVM
By Enterprise Size:
- SMEs
- Large Enterprises
By Vertical:
- Government/Public Sector
- Telecom & IT
- Healthcare and Pharmaceutical
- Retail
- Finance/Insurance
- Content Provider/Media
- Others
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- South Asia & Pacific
- East Asia
- The Middle East & Africa
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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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