System Infrastructure Software Market Trends

  • Report ID: 6392
  • Published Date: Sep 05, 2024
  • Report Format: PDF, PPT

System Infrastructure Software Market Trends

Growth Drivers

  • Increasing usage of graphical user interface (GUI): Servers, storage, and network switches can be managed using a single GUI. Moreover, GUI offers automation, allowing the devices to easily copy and deploy any information or data to another device. Consumers prefer system infrastructure software over traditional IT infrastructure as there is a high demand for digital frameworks to manage data storage. Furthermore, there is an increase in technological adoption as organizations rely largely on technological solutions for operations, and services. Research Nester surveyed in 2024 estimated that more than 85% of organizations worldwide believe they could get a competitive edge attributed to AI technologies.

    In addition, there is high adoption of cloud-based services credited to the growing need for digital frameworks to manage data storage and the growing adoption of cloud services for improved organizational workflow. The growing adoption of cloud computing in industries like automation, healthcare, telecom, and BFSI has boosted market expansion. A report estimated in 2023 that, 60% of manufacturers will rely on digital platforms by 2020, which could result in a 30% drive in their overall bottom line. The cloud backup share has increased, augmented by the rising GUI usage and cloud computing.

Challenges

  • Limitations in management, purchase, and data storage: The complexity of data storage management acts as a limitation for this market. Several businesses have reported data loss as a result of inadequate storage. Losing data in the corporation is accounted as a catastrophic consequence of data storage. Additionally, other features such as data collection, handling of vast volumes of data, and scalability are predicted to hinder the revenue shared.
  • High initial and ongoing expenses of system infrastructure software: The scarcity of highly qualified developers is expected to restrain the market growth as the operational cost is at a surge. The base cost of infrastructure software rises with the inclusion of more functionality, impacting clients' overall budgets. Sensitive data housed on cloud infrastructure is also extremely vulnerable to data breaches, denial of service (dos) assaults, and emerging computer viruses. Market participants concentrate on creating budget-friendly, custom-tailored solutions and investing in research & development to enhance the security of their infrastructure software to address these issues.

System Infrastructure Software Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

8.9%

Base Year Market Size (2023)

USD 166.1 billion

Forecast Year Market Size (2036)

USD 461.9 billion

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Author Credits:  Abhishek Verma


  • Report ID: 6392
  • Published Date: Sep 05, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2023, the industry size of the system infrastructure software market was over USD 166.1 billion.

The market size of the system infrastructure software industry is projected to cross USD 461.9 billion by the end of 2036 expanding at a CAGR of 8.9% during the forecast period i.e., between 2024-2036.

The major players in the market are Broadcom, Amazon Web Services, BMC Software, Inc., Broadcom Inc. (CA Technologies), Cisco Systems, Inc., Dell Inc., Hewlett Packard Enterprise, IBM Corporation, Microsoft Corporation, Oracle Corporation, and others.

In terms of technology, the network & system management segment is anticipated to garner the largest market share of 46.1% by 2036 and display lucrative growth opportunities during 2024-2036.

The market in the North American region is projected to hold the largest revenue share of 38.2% by the end of 2036 and provide more business opportunities in the future.
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