The global virtual infrastructure management market is expected to grow steadily, with a CAGR of 12.3% by the year 2033. This growth is projected to take the market size from its 2023 value of US$ 3,487.9 million to a substantial US$ 11,159.6 million in 2033, indicating significant expansion over the course of a decade.
Virtual infrastructure manager is programming that is liked by the vast majority of the Infrastructure-as-a-specialist organizations to guarantee their physical and virtual assets are working without a hitch. Virtual infrastructure manager empowers undertakings to assemble the full lifecycle of the executives of equipment and programming to control and oversee NFV infrastructure, stockpiling, and organization assets.
Virtual infrastructure manager has a few development highlights that incorporate the virtualized infrastructure life cycle of the executives and improved execution.
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Virtual Infrastructure Manager Market: Drivers and Restraints
A virtual infrastructure manager is used to manage a wide range of virtual IT resources across multiple physical servers to offer centralized administration of virtual resources by creating, storing, and patching which is turning out to be the major driving factor of the virtual infrastructure manager market.
Moreover, the rising demand for virtual infrastructure managers for unified and virtual infrastructure monitoring is also turning out to be the major factor driving the virtual infrastructure manager market in a positive manner. Tracking physical machines and virtual machines is the major challenge faced by Infrastructure-as-a-service providers.
Recent Developments in the Virtual Infrastructure Manager Market
The market report explains that the players are investing significantly in research and development so that they can introduce new and innovative applications to offer traffic analysis details across LAN, WAN, and cloud environments. With the advent of new service provider functions, the market has become mainstream.
Cloud-based management is used mainly for mobile core services and virtual networking services and is deployed globally in telecommunications data centers mainly in the central and regional regions. Many competitors in the market adopted partnerships as a key strategy to expand their geographical footprint and upgrade their product technologies.
- Cisco has deployed virtual packet cores (VPC), virtualized managed services, and virtualized infrastructure services in over 100 networks. Observers can identify the leading practice approach to NFV design and operation as the industry hits the hype cycle slope of enlightenment.
The leader in cloud data services, NetApp, announced on April 29, 2020, that it acquired CloudJumper, a leader in virtual desktop infrastructure (VDI) and remote desktop services (RDS). This acquisition may enable NetApp to deliver a comprehensive solution that combines virtual desktop management and application management. This also enables customers to deploy, manage, monitor, and optimize those environments from a single provider using any public cloud.
Leading Key Players:
- Ericson
- Cisco
- VMware View
- IBM PowerVM
- Netapp
- Enterprise Management Associates Inc.
- CA Technologies
- SevOne
- Fujitsu Ltd.
- Avaya Inc.
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Virtual Infrastructure Manager Market Segmentation:
By Deployment Type:
- On-Premises
- IaaS
- Cloud-Based
By Application:
- Banking, Financial Services, and Insurance (BFSI) Sector
- ManufacturingProcess
- Healthcare Sector
- Retail Sector
- Telecom Sector
- Other Applications
By Services:
- Professional
- Support
By Region:
- North America Market
- Europe Market
- East Asia Market
- South Asia and Pacific Market
- Latin America Market
- The Middle East & Africa Market
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