The “Remote Infrastructure Management Market by Core Service (Database Management, Storage Management, Server Management, Desktop Management, Application Management), Deployment Type, Organization Size, Vertical, and Region – Global Forecast to 2022” report has been added to ResearchAndMarkets.com’s offering.
The Remote Infrastructure Management market is expected to grow from USD 23.65 Billion in 2017 to USD 41.27 Billionby 2022, at a Compound Annual Growth Rate (CAGR) of 11.8% during the forecast period.
The growing need for low deployment costs, reduced downtime of network and IT infrastructure units, and efficient management of complex networks are acting as the drivers for the growth of this market. Offering the best Quality of Service (QoS), improving the output, and lowering the risks toward network and data are also driving the global RIM market.
The report provides detailed insights into the global Remote Infrastructure Management market, which is segmented by core service, organization size, deployment type, vertical, and region. The core service segment includes database management, storage management, server management, network and communication management, desktop management, application management, and others (website management, compliance management, and security management). The server management segment is expected to have the largest market share during the forecast period. This is due to the increasing need to manage the server uptime and their stability and security.
Among organization size, the large enterprises segment is projected to hold a larger market share and is expected to continue its leading position during the forecast period. Large organizations have their IT setups scattered in different locations and, hence, require remote management services to effectively manage their IT infrastructure in a centralized and controlled environment.
Among verticals, the IT and telecommunication vertical is expected to contribute the highest in the global Remote Infrastructure Management market as it hosts a large number of enterprises (both large businesses and startups) that operates globally and caters to a massive range of verticals. Hence, this vertical requires services to remotely monitor and manage its IT infrastructure and complex network functioning without any hindrance.
The report covers all the major aspects of the Remote Infrastructure Management market and provides an in-depth analysis of the major regions, including North America, Europe, Asia Pacific (APAC), Latin America, and Middle East and Africa (MEA). North America is the major contributor to the global market due to its inclination toward innovative technologies and the rapid adoption of RIM services among enterprises across verticals. The APAC region is expected to grow at the highest CAGR, owing to the growing digitization across enterprises and adoption of RIM services among major verticals.
The pricing factor for acquiring these RIM services is acting as a restraining factor. The pricing varies from service to service, based on the time frame and level of criticality required. Furthermore, the concern for securing the sensitive data and keeping the information confidential is one of the restraining factors for the RIM market.