Global Virtual Infrastructure Manager Market, By Offering (Solution and Services), Development (IaaS and On-premises), End-User (IT & Telecom, BFSI, Healthcare, Manufacturing, Retail, and Others) - Industry Trends and Forecast to 2031.
Virtual Infrastructure Manager Market Analysis and Insights
The global virtual infrastructure manager market is experiencing robust growth, driven by increasing adoption of virtualization, rising implementation of cloud computing, and 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 the 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 global virtual infrastructure manager market is poised for continued expansion, with the convergence of virtualization and intelligent technologies opening new avenues for innovation and growth as organizations prioritize digital transformation.
Data Bridge Market Research analyzes that the global virtual infrastructure manager market is expected to reach USD 11,143,839.61 thousand by 2031 from USD 2,877,359.19 thousand in 2023, growing with a substantial CAGR of 18.7% 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), Development (IaaS and On-premises), End-User (IT & Telecom, BFSI, Healthcare, Manufacturing, Retail, and Others)
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Countries Covered
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U.S., Canada, Mexico, Germany, U.K., France, Italy, Netherlands, Spain, Russia, Switzerland, Turkey, Belgium, Poland, Sweden, Denmark, Norway, Finland, Rest of Europe, China, Japan, India, South Korea, Australia, Taiwan, Singapore, Thailand, Indonesia, Malaysia, Philippines, New Zealand, Vietnam, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, Saudi Arabia, U.A.E, Israel, South Africa, Egypt, Qatar, Kuwait, Bahrain, Oman, Rest of Middle East and Africa
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Market Players Covered
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SolarWinds Worldwide, LLC, Ciena Corporation, Ribbon Communications Operating Company, Inc, Corsa Technology Inc., Telefonaktiebolaget LM Ericsson, Corsa Technology Inc., Broadcom, Fujitsu, IBM Corporation, Nokia, NetApp, Enterprise Management Associates, Inc., Virtual Open Systems SAS, HashRoot Ltd. Netedge Technology, Datanetiix Solutions Inc., Paessler AG, Micropro, eG Innovations, and Zuci among others
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Global Virtual Infrastructure Manager Market Definition
The Virtual Infrastructure Manager (VIM) encompasses a dynamic and rapidly evolving landscape within the broader realm of information technology. At its core, the market is defined by providing 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 virtualized environments' deployment, configuration, and optimization, 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. Key factors shaping the market definition include the increasing adoption of cloud computing, the proliferation of software-defined infrastructure, and the continuous quest for operational efficiency. The virtual infrastructure manager is poised to witness sustained growth, driven by the imperative to streamline IT operations and achieve greater agility in a rapidly changing business landscape as organizations embrace digital transformation.
Global 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:
Drivers
- 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 is driving the market growth.
- Rising Implementation of Cloud Computing
Cloud computing has become a fundamental component of modern IT strategies, offering businesses the flexibility to scale resources, enhance collaboration, and reduce infrastructure costs. The need for effective management and orchestration of virtualized resources becomes crucial, driving the demand for advanced virtual infrastructure manager solutions as organizations migrate their workloads to the cloud.
Cloud computing relies heavily on virtualization to deliver services and resources efficiently. Virtual infrastructure managers play a vital role in this landscape by providing tools and capabilities to oversee and optimize the virtualized infrastructure. The demand for robust virtual infrastructure manager solutions continues to grow as businesses embrace the benefits of cloud services, including scalability, agility, and cost-effectiveness. Virtual infrastructure managers enable organizations to manage their virtualized environments efficiently across both on-premises data centers and various cloud platforms.
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.
Challenges/ Restraints
- 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 global virtual infrastructure manager. This complexity results in higher upfront costs and demands a skilled workforce to manage and maintain the virtual infrastructure.
The barriers to implementation may be reduced as the industry matures and solutions become more user-friendly, hindering market growth.
- Rise in Alternatives of Virtual Infrastructure Manager
With the emergence of new technologies and platforms, organizations now have more options to choose from when managing their virtual infrastructure. Innovative solutions offering enhanced features, improved performance, and greater flexibility challenge traditional virtual infrastructure managers.
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 manage and orchestrate containers across diverse environments efficiently.
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 market growth.
Recent Developments
- In September 2023, Corsa Technology Inc. partnered with Eventus Security, India's leading Managed Security Services Provider. Eventus expanded its managed security services portfolio through this collaboration 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 benefits the company to expand its product and solution portfolio and thus increase 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 benefits the 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. The award recognizes excellence in e-governance initiatives and underscores Micropro's outstanding contributions to India's digital transformation. This benefits the company to boost its image in the region
- In August 2022, SolarWinds Worldwide, LLC was acknowledged in GigaOm Radar Reports as a Leader in Network and Cloud Observability for 2022. The company's hybrid and multi-cloud observability solutions earned praise for 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 benefits the company by accelerating its digital transformation efforts and adopting a proactive IT posture
Global Virtual Infrastructure Manager Market Scope
The global virtual infrastructure manager market is segmented into three notable segments based on offering, development, 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
- Service
On the basis of offering, the market is segmented into solution and service.
Development
- IaaS
- On-premises
On the basis of development, the market is segmented into IaaS and on-premises.
End-User
- IT & Telecom
- BFSI
- Healthcare
- Manufacturing
- Retail
- Others
On the basis of capacity, the market is segmented into IT & telecom, BFSI, healthcare, manufacturing, retail, and others.
Global Virtual Infrastructure Manager Market: Regional Analysis/Insights
The global virtual infrastructure manager market is segmented into three notable segments based on offering, development, and end-user.
The countries covered in this market report are U.S., Canada, Mexico, Germany, U.K., France, Italy, Netherlands, Spain, Russia, Switzerland, Turkey, Belgium, Poland, Sweden, Denmark, Norway, Finland, rest of Europe, China, Japan, India, South Korea, Australia, Taiwan, Singapore, Thailand, Indonesia, Malaysia, Philippines, New Zealand, Vietnam, rest of Asia-Pacific, Brazil, Argentina, rest of South America, Saudi Arabia, U.A.E, Israel, South Africa, Egypt, Qatar, Kuwait, Bahrain, Oman, and rest of Middle East and Africa.
The U.S. is expected to dominate in the North America region because its robust ecosystem of IT professionals, research institutions, and a favorable regulatory environment contribute to the widespread adoption of Virtual Infrastructure Managers, solidifying North America's leadership in the market. China is expected to dominate the Asia-Pacific region due to its massive investments in 5G infrastructure and a proactive government promoting digital innovation. Germany is expected to dominate in the Europe region due to digital transformation, high-quality engineering, and strategic partnerships with key industry players further to solidify its leadership in the virtual infrastructure management sector.
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 global 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.
Global Virtual Infrastructure Manager Market: Competitive Landscape and Share Analysis
The global 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 global virtual infrastructure manager market are SolarWinds Worldwide, LLC, Ciena Corporation, Ribbon Communications Operating Company, Inc, Corsa Technology Inc., Telefonaktiebolaget LM Ericsson, Corsa Technology Inc., Broadcom, Fujitsu, IBM Corporation, Nokia, NetApp, Enterprise Management Associates, Inc., Virtual Open Systems SAS, HashRoot Ltd. Netedge Technology, Datanetiix Solutions Inc., Paessler AG, Micropro, eG Innovations, and Zuci among others.
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