SAN FRANCISCO, Oct. 22, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Remote Infrastructure Management - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE
Edition: 7; Released: April 2021
Executive Pool: 4268
Companies: 46 - Players covered include Capgemini SE; Cerebra Integrated Technologies Ltd.; CtrlS Datacenters Ltd.; Cybage Software Pvt. Ltd.; Fujitsu Ltd.; HCL Technologies Ltd.; Sensiple; Tata Consultancy Services Ltd. and Others.
Coverage: All major geographies and key segments
Segments: Core Service (Database Management, Storage Management, Server Management, Network and communication management, Desktop Management, Application Management, Other Core Services)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
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Global Remote Infrastructure Management Market to Reach $50.2 Billion by 2026
Amid the COVID-19 crisis, the global market for Remote Infrastructure Management estimated at US$28.5 Billion in the year 2020, is projected to reach a revised size of US$50.2 Billion by 2026, growing at a CAGR of 9.7% over the analysis period. Database Management, one of the segments analyzed in the report, is projected to record a 10% CAGR and reach US$10.6 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Storage Management segment is readjusted to a revised 10.4% CAGR for the next 7-year period.
The U.S. Market is Estimated at $9.5 Billion in 2021, While China is Forecast to Reach $8.7 Billion by 2026
The Remote Infrastructure Management market in the U.S. is estimated at US$9.5 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$8.7 Billion by the year 2026 trailing a CAGR of 9.1% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 9% and 7.9% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 7.9% CAGR.
Server Management Segment to Reach US$10.3 Billion by the year 2026
In the global Server Management segment, USA, Canada, Japan, China and Europe will drive the 10.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$4.6 Billion in the year 2020 will reach a projected size of US$9.1 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More
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