Europe Virtual Infrastructure Manager Market, By Offering (Solution and Services), Deployment (IaaS, and On-Premises), End-User (IT & Telecom, BFSI, Healthcare, Manufacturing, Retail, and Others) - Industry Trends and Forecast to 2031.
Europe Virtual Infrastructure Manager Market Analysis and Insights
Europe Virtual Infrastructure Manager Market is experiencing robust growth, driven by increasing adoption of virtualization, rising implementation of cloud computing, rise in digital transformation, AI, and machine learning. Additionally, the growing demand for automated infrastructure is a significant driver. One notable opportunity within this landscape is the evolution of 5G network boosts virtual infrastructure. The deployment of 5G technology brings about a paradigm shift in communication networks, offering higher data speeds, lower latency, and increased connectivity. This evolution opens new possibilities for virtualization and the management of virtualized infrastructure. As organizations continue to prioritize digital transformation, the Europe Virtual Infrastructure Manager market is poised for continued expansion, with the convergence of virtualization and intelligent technologies opening new avenues for innovation and growth.
Data Bridge Market Research analyzes that the Europe virtual infrastructure manager market is expected to reach USD 2,611,146.86 thousand by 2031 from USD 701,787.91 thousand in 2023, growing with a substantial CAGR of 18.1% in the forecast period of 2024 to 2031.
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Report Metric
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Details
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Forecast Period
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2024 to 2031
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Base Year
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2023
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Historic Years
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2022 (Customizable to 2016 – 2021)
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Quantitative Units
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Revenue in USD Thousand
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Segments Covered
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Offering (Solution and Services), Deployment (IaaS, and On-Premises), End-User (IT & Telecom, BFSI, Healthcare, Manufacturing, Retail, and Others
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Countries Covered
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Germany, U.K., France, Italy, Netherlands, Spain, Russia, Switzerland, Turkey, Belgium, Poland, Sweden, Denmark, Norway, Finland, and Rest of Europe
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Market Players Covered
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SolarWinds Worldwide, LLC, Ciena Corporation, Ribbon Communications Operating Company, Inc, Telefonaktiebolaget LM Ericsson, Corsa Technology Inc., Broadcom, Fujitsu, IBM Corporation, Nokia, NetApp, Virtual Open Systems SAS, HashRoot Ltd. Netedge Technology, Datanetiix Solutions Inc., Paessler AG, eG Innovations, and Zuci among others
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Market Definition
Europe virtual infrastructure manager market encompasses a dynamic and rapidly evolving landscape within the broader realm of information technology. At its core, the market is defined by the provision of advanced software solutions designed to manage and orchestrate virtualized infrastructure components, including computing, networking, and storage resources. VIM solutions play a pivotal role in facilitating the deployment, configuration, and optimization of virtualized environments, offering businesses unprecedented flexibility, scalability, and resource utilization. This market spans various industries, catering to the diverse needs of enterprises seeking to harness the benefits of virtualization technologies.
Europe Virtual Infrastructure Manager Market Dynamics
This section deals with understanding the market drivers, opportunities, restraints, and challenges. All of this is discussed in detail below:
Driver
- Increasing Adoption of Virtualization
Virtualization technology allows organizations to create virtual versions of their physical infrastructure, such as servers, storage, and networks. This enables efficient resource utilization, reduced hardware costs, and improved scalability.
One key factor driving the adoption of virtualization is the need for cost savings. Companies can achieve higher levels of efficiency and reduce the overall expenditure on hardware by consolidating multiple virtual machines onto a single physical server. Virtual infrastructure managers are crucial in managing these virtualized environments, providing tools and capabilities to optimize resource allocation, monitor performance, and automate routine tasks.
Restraint
- Complexity in Implementation of Virtual Infrastructure Manager
Implementing a virtual infrastructure manager requires a deep understanding of complex technologies, including virtualization, cloud computing, and network management. The need for seamless integration with existing legacy systems, diverse hardware configurations, and various applications complicates deploying a Europe virtual infrastructure manager. This complexity results in higher upfront costs and demands a skilled workforce to effectively manage and maintain the virtual infrastructure.
Opportunity
- Evolution of 5G NETWORK Boosts Virtual Infrastructure
The deployment of 5G technology brings about a paradigm shift in communication networks, offering higher data speeds, lower latency, and increased connectivity. This evolution opens new possibilities for virtualization and the management of virtualized infrastructure. The increased data rates and low latency of 5G networks enable the seamless integration of emerging technologies such as Augmented Reality (AR), Virtual Reality (VR), and the Internet of Things (IoT). The evolution of 5G networks boosts virtual infrastructure is expected to create opportunities for market growth.
Challenge
- Rise in Alternatives of Virtual Infrastructure Manager
The emergence of new technologies and platforms, organizations now have more options to choose from when it comes to managing their virtual infrastructure. Traditional virtual infrastructure managers are challenged by innovative solutions offering enhanced features, improved performance, and greater flexibility.
In addition, the rise of containerization and container orchestration tools is another significant challenge. Technologies such as Kubernetes have gained widespread adoption, enabling organizations to efficiently manage and orchestrate containers across diverse environments.
Virtual infrastructure manager vendors must adapt and innovate to meet the evolving demands of organizations seeking more advanced, efficient, and flexible solutions for managing their virtualized environments to remain competitive, which is expected to challenge the market growth.
Recent Developments
- In September 2023, Corsa Technology Inc., recently partnered with Eventus Security, India's leading Managed Security Services Provider. Through this collaboration, Eventus expanded its managed security services portfolio by adopting Corsa Security's hosted and managed virtual firewall service. Utilizing the Corsa Security Orchestrator (CSO) and software firewalls from top vendors, Eventus achieved rapid service delivery, providing customers with flexible firewall capacity and tailored security services to meet their specific needs
- In October 2023, Ciena Corporation showcased groundbreaking Open Broadband Solutions and expertise at Network X 2023 during the Broadband Forum (BBF) and CloudCo Proof of Concept. The demonstration highlighted Ciena's virtual Broadband Network Gateway (vBNG) and Secure Service Edge (SSE) capabilities within a Secure Access Service Edge (SASE) framework, delivering edge security for residential and small businesses. Featured use cases included secure high-speed internet as an overlay service with spam filtering and DDoS protection. This benefit company to expand its product and solution portfolio and thus increase in revenue
- In May 2023, Telefonaktiebolaget LM Ericsson achieved the FutureNet World Network Sustainability Award for its Predictive Cell Energy Management (PCEM) solution. Recognized for reducing energy consumption without compromising service quality, PCEM is a key component of Ericsson's Energy Infrastructure Operations offering. This multi-vendor, multi-technology application optimizes energy usage at the cell level, ensuring network quality and customer experience. This benefit company by boosting its image in the IT industry
- In January 2023, Micropro emerged victorious at the Digital India Awards, a prestigious accolade presented by the Ministry of Electronics and Information Technology, Government of India. Recognizing excellence in e-governance initiatives, the award underscores Micropro's outstanding contributions to India's digital transformation. This benefit company to bost its image in the region
- In August 2022, SolarWinds Worldwide, LLC was acknowledged in GigaOm Radar Reports as a Leader in both Network and Cloud Observability for 2022. The company's hybrid and multi-cloud observability solutions earned praise for their role in enhancing enterprise visibility, intelligence, and productivity in today's distributed network environments. GigaOm's recognition positioned SolarWinds as a Leader and Outperformer in Network Observability and a Leader and Fast Mover in Cloud Observability Solutions for 2022. The evaluations were based on technical capabilities, product roadmap, innovation, and execution prowess. This benefit company to accelerate its digital transformation efforts and adopt a proactive IT posture
Europe Virtual Infrastructure Manager Market Scope
The Europe virtual infrastructure manager market is segmented into three notable segments based on offering, deployment, and end-user. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the differences in your target markets.
Offering
- Solution
- Services
On the basis of offering, the market is segmented into solution and services.
Deployment
- IaaS
- On-Premises
On the basis of deployment, the market is segmented into IaaS, and on-premises.
End-User
- IT & Telecom
- BFSI
- Healthcare
- Manufacturing
- Retail
- Others
On the basis of end-user, the market is segmented into IT & telecom, BFSI, healthcare, manufacturing, retail, and others.
Europe Virtual Infrastructure Manager Market Regional Analysis/Insights
The Europe virtual infrastructure manager market is segmented into three notable segments based on offering, deployment, and end-user.
The countries covered in this market report are Germany, U.K., France, Italy, Netherlands, Spain, Russia, Switzerland, Turkey, Belgium, Poland, Sweden, Denmark, Norway, Finland, and Rest of Europe.
Germany is expected to dominate the market due to several key factors. Firstly, the country is home to a large concentration of major technology companies and enterprises that heavily invest in advanced IT infrastructure. Secondly, Germany has been at the forefront of adopting cloud computing technologies, and VIM plays a pivotal role in managing and optimizing cloud-based resources
The country section of the report also provides individual market-impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts, and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Europe brands and their challenges faced due to large or scarce competition from local and domestic brands and the impact of sales channels are considered while providing forecast analysis of the country data.
Competitive Landscape and Europe Virtual Infrastructure Manager Market Share Analysis
The Europe virtual infrastructure manager market competitive landscape provides details of competitors. Details included are company overview, company financials, revenue generated, market potential, investment in R&D, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product approvals, product width and breadth, application dominance, and product type lifeline curve. The above data points provided are only related to the company’s focus on the market.
Some of the major players operating in the Europe virtual infrastructure manager market are SolarWinds Worldwide, LLC, Ciena Corporation, Ribbon Communications Operating Company, Inc, Telefonaktiebolaget LM Ericsson, Broadcom, Fujitsu, IBM Corporation, Nokia, NetApp, Virtual Open Systems SAS, HashRoot Ltd. Netedge Technology, Datanetiix Solutions Inc., Paessler AG, eG Innovations, and Zuci among others.
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