The Virtual Infrastructure Manager Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Virtual Infrastructure Manager Global Market Report 2024, The virtual infrastructure manager market size is expected to see rapid growth in the next few years. It will grow to $8.01 billion in 2028 at a compound annual growth rate (CAGR) of 19.2%. The growth in the forecast period can be attributed to the rising implementation of cloud computing, increasing adoption of virtualization, high adoption of bringing your own device (BYOD) policies, cloud adoption among several end-user segments, and increasing workplace flexibility requirements. Major trends in the forecast period include the deployment of innovative applications, the evolution of the 5G network boosts virtual infrastructure, new technologies that guarantee smooth integration, the development of advanced software and technology, and the trend of BYOD and remote working prevalent.
The rising implementation of cloud computing is expected to propel the growth of the virtual infrastructure manager market going forward. Cloud computing refers to the delivery of computing services over the internet, including storage, processing power, and applications, on a pay-as-you-go basis. The increasing adoption of cloud computing is driven by its scalability, cost-efficiency, and ability to enhance business agility and innovation. Cloud computing enables a virtual infrastructure manager to efficiently allocate, manage, and optimize virtual resources and services across a network. For instance, in December 2023, according to Eurostat, a Luxembourg-based intergovernmental organization, around 45.2% of EU enterprises utilized cloud computing services, primarily for email hosting, file storage, and various operational tasks, with a notable increase of 4.2 percentage points from 2021. Therefore, the rising implementation of cloud computing is driving growth in the virtual infrastructure manager market.
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The virtual infrastructure manager market covered in this report is segmented –
1) By Offering: Solution, Service
2) By Deployment Type: On-Premises, Infrastructure As A Service (IaaS), Cloud Based
3) By Application: Healthcare, Manufacturing, Retail, Telecom, Other Applications
Major companies operating in the virtual infrastructure manager market are focusing on developing advanced hybrid cloud solutions to enhance flexibility and optimize resource management. Hybrid cloud solutions refer to the integration of on-premises infrastructure with public and private cloud services, allowing data and applications to be shared between them for greater flexibility and scalability. For instance, in November 2023, NetApp Inc., a US-based data infrastructure company, launched a new bundled virtualization solution aimed at small and medium businesses. This integrated and affordable solution helps small and medium-sized businesses streamline and accelerate the management of both traditional and modern applications. It features the latest VMware vSphere 8 virtualization software, Fujitsu PRIMERGY Servers, and NetApp all-flash storage systems with operating network technology for appliance products (ONTAP) integration. This combination offers a cost-effective, cloud-ready platform that enables customers to effortlessly transition workloads between on-premises and public cloud environments, ensuring operational consistency.
The virtual infrastructure manager market report table of contents includes:
1. Executive Summary
2. Virtual Infrastructure Manager Market Characteristics
3. Virtual Infrastructure Manager Market Trends And Strategies
4. Virtual Infrastructure Manager Market – Macro Economic Scenario
5. Global Virtual Infrastructure Manager Market Size and Growth
…………………
32. Global Virtual Infrastructure Manager Market Competitive Benchmarking
33. Global Virtual Infrastructure Manager Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Virtual Infrastructure Manager Market
35. Virtual Infrastructure Manager Market Future Outlook and Potential Analysis
36. Appendix
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