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. Virtualization becomes crucial, leading to a growing demand for Virtual infrastructure managers as businesses seek to optimize their infrastructure.
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Data Bridge Market Research analyses that the Global Virtual Infrastructure Manager Market is expected to grow at a CAGR of 18.7% in the forecast period of 2024 to 2031 and is expected to reach USD 11,143,839.61 thousand by 2031 from USD 2,877,359.19 thousand in 2023. Virtual infrastructure managers play a crucial role in managing these virtualized environments, providing tools and capabilities to optimize resource allocation, monitor performance, and automate routine tasks, thus contributing to the growth of the market.
Key Findings of the Study
Increasing Adoption 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.
Report Scope and Market Segmentation
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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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U.S., Canada, Mexico. Europe, Germany, U.K., France, Spain, Italy, Turkey, Russia, Belgium, Netherlands, Switzerland, Denmark, Sweden, Norway, Finland, Poland, and Rest of Europe, China, Japan, South Korea, Australia, Malaysia, New Zealand, Singapore, India, Thailand, Indonesia, Philippines, Taiwan, Vietnam, Rest of Asia-Pacific, U.A.E., Saudi Arabia, Egypt, Israel, South Africa, Oman, Bahrain, Kuwait, Qatar, Rest of Middle East and Africa, Brazil, Argentina, and Rest of South America
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Market Players Covered
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Fijutsu (Japan), Broadcom (U.S.), Cisco Systems, Inc. (U.S.), Telefonaktiebolaget LM Ericsson (Sweden), NetApp (U.S.), Nokia (Finland), Ribbon Communications Operating Company (U.S.), IBM Corporation (U.S.), Paessler AG (Germany), Ciena Corporation (U.S.), SolarWinds Worldwide, LLC (U.S.), Zuci Systems Inc (U.S.), eG Innovations (Canada), Corsa Technology Inc. (U.S.), Micropro (U.S.), Datanetiix Solutions Inc. (U.S.), Enterprise Management Associates, Inc. (U.S.), Netedge Technology (U.S.), HashRoot Ltd (Estonia), and Virtual Open Systems SAS (France) among others
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Data Points Covered in the Report
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In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis
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Segment Analysis
The global virtual infrastructure manager market is segmented into three notable segments which are on the basis of offerings, development, and end-user.
- On the basis of offering, the market is segmented into solution and services
In 2024, the solution segment is expected to dominate the market
In 2024, the solution segment is expected to dominate the market with a 74.64% share due to its comprehensive offerings, encompassing end-to-end solutions that address diverse infrastructure management needs.
- On the basis of development, the market is segmented into IaaS and on-premises. In 2024, the IaaS segment is expected to dominate the market with a 77.16% market share
- On the basis of end-user, the market is segmented into IT & telecom, BFSI, healthcare, manufacturing, retail, and others
In 2024, the IT & telecom segment is expected to dominate the market
In 2024, the IT & telecom segment is expected to dominate the market with a 33.85% market share due to its relentless pursuit of enhanced operational efficiency and scalability.
Major Players
Data Bridge Market Research analyzes Fijutsu (Japan), Broadcom (U.S.), Cisco Systems, Inc. (U.S.), Telefonaktiebolaget LM Ericsson (Sweden), and NetApp (U.S.) as the major key players in the global virtual infrastructure manager market.
Market Development
- In November 2023, Fujitsu collaborated with NetApp to provide an integrated virtualized infrastructure solution for small and medium enterprises (SMEs), offering Fujitsu's Primergy servers, VMware's vSphere, and NetApp's storage solutions. This partnership marks the 25th anniversary, delivering a simplified, cost-effective hybrid multicloud architecture to SMBs seeking enterprise-grade capabilities
- In August 2023, Cisco Systems, Inc. and Nutanix joined forces in a global strategic partnership to simplify hybrid multicloud adoption, accelerate IT transformation, and deliver an industry-leading hyperconverged solution, addressing operational challenges and ensuring unparalleled flexibility with top-tier customer support. This partnership aims to provide a seamless customer experience and maximize resiliency, marking a significant step towards simplifying infrastructure and application delivery globally
- In June 2023, Nokia and Red Hat entered a partnership to integrate Nokia's core network applications with Red Hat's infrastructure platforms, providing service providers with enhanced flexibility and deployment options. Nokia will adopt Red Hat as its primary cloud infrastructure platform, ensuring seamless support for core network applications and facilitating a smooth transition for customers evolving towards Red Hat's platforms
- In February 2023, IBM Corporation Cloud's recognition as the Best Cloud Infrastructure at the 2022–2023 Cloud Awards underscored its outstanding commitment to cloud computing innovation, marking a significant achievement in the fiercely competitive landscape, according to James Williams, Head of Operations for The Cloud Awards. Such awards helped the company to cater to more customers globally
- In May 2022, Broadcom acquired VMware for USD 61 billion. This helped the company to align with its strategy to become a leading infrastructure technology company, combining engineering-centric cultures and offering enterprise customers increased flexibility. The move accelerates Broadcom's software scale and growth, targeting approximately $8.5 billion in pro forma EBITDA within three years post-closing
Regional Analysis
Geographically, the countries covered in the global virtual infrastructure manager market report are U.S., Canada, Mexico, Germany, U.K., France, Spain, Italy, Turkey, Russia, Belgium, Netherlands, Switzerland, Denmark, Sweden, Norway, Finland, Poland, and rest of Europe, China, Japan, South Korea, Australia, Malaysia, New Zealand, Singapore, India, Thailand, Indonesia, Philippines, Taiwan, Vietnam, rest of Asia-Pacific, U.A.E., Saudi Arabia, Egypt, Israel, South Africa, Oman, Bahrain, Kuwait, Qatar, rest of Middle East and Africa, Brazil, Argentina, and rest of South America.
As per Data Bridge Market Research analysis:
North America is the dominant region in the global virtual infrastructure manager market globally
North America is expected to dominate the virtual infrastructure manager market due to several factors. The region has a well-established industrial and manufacturing sector creates a high demand for hoses in various applications. Moreover, the region has strict environmental and safety regulations, which require high-quality hoses.
Asia-Pacific is estimated to be the fastest growing region in the global virtual infrastructure manager market
Asia-Pacific is expected to grow during the forecast period due to the increasing adoption of advanced technologies in industries such as automotive and aerospace, which is expected to drive the demand for hoses in the region. In addition, the region has a high level of infrastructure development, which further drives the demand for hoses.
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