The KVM market is likely to garner excellent traction in the years to come. The spurring rise in broadcasting activities and the number of data centers worldwide would drive market growth. Market Research Future (MRFR) states that the global KVM market is estimated to grow from USD 1.1 BN in 2022 to USD 1.37 BN by 2032, growing at a 16.26% CAGR throughout the review period (2023-2032).
Besides, the continually augmenting demand for KVMs from all major industries, including IT & telecommunication, aerospace & defense, BFSI, and aviation substantiates the market size. The rising use of KVM technologies in data centers to control multiple computers using single video display monitors, keyboards, and mouse, substantiate the KVM market size.
Moreover, the advantages that KVM technology offers, such as space, time, and cost savings, escalate the KVM applications in various industries, including marine and aerospace & defense. In data centers, KVMs are used to monitor and manage several computers, servers, and data in server rooms. Also, the sharp decline in the cost of personal computers (PCs) increase the adoption of KVMs.
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Leading KVM market players are
KVM Market- Segments
The report is segmented into types, products, controls, verticals, and regions. The type segment is bifurcated as digital KVM matrix system and analog KVM matrix system. The product segment is bifurcated as KVM switches, KVM extenders, KVM matrix managers, and others.
The control segment is bifurcated as USB, Ethernet, RS-232, Infrared, RS-485, and others. The vertical segment is bifurcated into broadcasting, IT & telecommunication, government, BFSI, aerospace & defense, aviation, retail, and others. By region, the KVM market is segmented into the Americas, Europe, APAC, and the rest of the world.
Global KVM Market – Regional Analysis
North America leads the global KVM market, heading with the vast adoption of KVM-over-IP operations among top broadcast service providers. Besides, the strong presence of established players, such as Raritan Inc., Black Box Corporation, SmartAVI, Inc., Gefen, Raloy Inc., Vertiv, Network Technologies Inc., and Icron, and highly experienced technical expertise drive the market growth.
The market is also driven by technological advances and the increasing need for advanced processors and microcontrollers for aerodynamic and automotive applications. Moreover, the high demand for advanced SoC from smartphone and electronic device industries in the region boosts the KVM market size. The US is leading the market, followed by Canada and Mexico, contributing to the region’s KVM market share significantly.
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KVM Market – Competitive Analysis
Highly competitive, the KVM market appears fragmented due to the presence of many key players. Strategic partnerships, mergers & acquisitions, collaboration, expansion, and product/ technology remain KVM market trends to gain a larger competitive share.
Industry/Innovation/ Related News
Sept. 06, 2023 — Adder Technology announced two new additions to its ADDERLink INFINITY 1000 Series. The ADDERLink INFINITY 1102 DP transmitter & receiver, and ADDERLink INFINTY 1104 HDMI transmitter can respond to customer requirements of a single-head KVM. the new models enable improved flexibility choice in any IP KVM matrix, delivering high performance and power with the ADDERLink INFINITY Range.
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