Growth Accelerated by Increased Adoption of Outsourced Infrastructure Services
KVM and PRO AV solutions allow IT administrators and commercial users to control multiple computers from a single console switch or device such as smartphones, tablets and desktop computers. This offers convenience and efficiency to users.
The global KVM and PRO AV Market is estimated to be valued at US$ 349297.78 Mn in 2023 and is expected to exhibit a CAGR of 9.1% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The increased adoption of outsourced infrastructure services has accelerated the growth of the KVM and PRO AV market. Many organizations are outsourcing their IT infrastructure to managed service providers or system integrators in order to focus on their core business competencies. This has increased the demand for KVM and PRO AV solutions among outsourcing companies. According to some recent reports, the global managed services market is expected to grow at a CAGR of over 12% during the forecast period. The increasing trend of outsourcing is expected to drive the demand for KVM and PRO AV solutions during the forecast period.
Segment Analysis
The global KVM and PRO AV market is segmented into KVM switches, video wall controllers and other PRO AV controlling products. Among these, KVM switches hold the highest market share in 2023 and is expected to continue its dominance during the forecast period due to increasing demand from IT and telecom sector for managing multiple systems from a single console. KVM switches provide efficient desktop management with ease switching access between different systems with central control.
Key Takeaways
Regional analysis
North America accounted for the largest share of the Global KVM And PRO AV Market Growth in 2023 owing to significant investments in enterprise infrastructure modernization and technological adoption across various industries in the region. However, Asia Pacific is anticipated to witness the highest CAGR during the forecast period supported by growing IT infrastructure in major countries like China and India.
Key players analysis
Key players operating in the KVM and PRO AV Market are Advanced Cell Technology, Inc., Angel Biotechnology Holdings PLC, Biotricity, Lineage Cell Therapeutics, Inc., BrainStorm Cell Limited., CIRM, Celgene Corporation (A subsidiary of Bristol-Myers Squibb Company), Takara Bio Inc., Cellular Engineering Technologies., Cytori Therapeutics Inc., and STEMCELL Technologies. Among these, Advanced Cell Technology, Inc., Celgene Corporation and STEMCELL Technologies collectively account for over 25% of the total market share in 2023 owing to their diversified product portfolios and strong geographical presence across major markets.
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The statistical surveying report on the global Pro AV Market has been presented by using professional or expert knowledge through standard and modified research approaches and forecasts.
The yearly forecast and predication for the years 2020 to 2025 have been enclosed by the report along with comprehensive analysis for all market segments and regions.
The statistical data derived from authentic resources and assisted by industry experts.
It likewise assesses the market by evaluating market elements, including drivers, restraints, opportunities, threats, challenges, growth prospects, and other market elements.
The global Pro AV market report presents a complete research-based study of the industry including details such as company shares, forecast data, in-depth analysis and an outlook of the market on a worldwide platform.
Get FREE Sample Report Copy @ https://www.decisiondatabases.com/contact/download-sample-46254 According to this study, over the next five years, the Pro AV market will register a 4.3% CAGR in terms of revenue, the global market size will reach $ 2846.4 million by 2025, from $ 2409.6 million in 2019.
Market OverviewGlobal KVM Market is expected to reach USD 1,155.8 Million by 2025 at a CAGR of 2.7% during the forecast period.
Market Research Future (MRFR), in its report, envelops segmentation and drivers to provide a better glimpse of the market in the coming years.
KVM is a switch that helps to control, monitor, and access a large number of computers.
Technology has been in the market for several decades, however, with technological advancements the system has evolved significantly.Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/8614Competitive AnalysisThe key players of the global KVM market are Black Box Corporation (US), Guntermann & Drunck GmbH (Germany), Aten International Co., Ltd (Taiwan), Adder Technology Ltd (UK), SmartAVI, Inc. (US), IHSE GmbH (Germany), Raritan (US), Vertiv Group Corp. (US), Icron (Canada), Gefen (US), Austin Hughes Electronics Ltd (Hong Kong), ABB (Switzerland), APANTAC LLC (US), Evertz Technologies Limited (Canada), KVM Tech (Austria), Raloy Inc (US), Network Technologies Inc. (US), Matrox (Canada), RGB Spectrum (US), and Thinklogical (US) among others.
With the release of these two new models, ATEN’s KVM over IP Matrix System product range now not only supports the most popular video interfaces (DisplayPort, HDMI, and DVI) to fulfill demands from most control room environments and provide advanced features and functionalities to meet specific demands of 24-7 ATC environments.In January 2019, Adder Technology, a global specialist in connectivity and IP KVM, has announced the world’s first dual-head, high-performance 4K IP KVM matrix over a single fiber with the launch of the ADDERLink INFINITY 4000 Series (ALIF4000).
The ALIF4000 delivers pixel-perfect picture quality, audio, and USB to single or dual 4K screens over a single fiber link.Segmental AnalysisGlobal KVM Market has been segmented based on Type, Product, Control, OS Support, Vertical, and Region.Based on product, the global market has been segmented into KVM switch, KVM extender, KVM Matrix Manager and others.
