The drive towards digital transformation is driving the market for key switch and server technologies, a major new report has revealed.
The report from Dell’Oro Group indicates that KVM switch and serial console server revenues are forecast to grow at a five percent compound annual growth rate from 2021 to 2026, surpassing $1 billion. The market forecast has been boosted by the long-lasting tailwind of Covid-19 induced digital transformation and the emergence of edge computing, despite near-term supply chain constraints and macroeconomic uncertainty.
“The historically stagnant KVM switch and serial console market has been rejuvenated as digital transformation has accelerated,” said Lucas Beran, Principal Analyst at Dell’Oro Group. “The trends of hybrid work, 5G, and edge computing are being supported by a proliferation of compute and networking infrastructure. As these deployments occur, enterprises and datacenter operators are rethinking their monitoring and management needs, with remote access, automation and security features becoming even more critical.”
The report picks out ATEN, Vertiv, and Belkin as holding the top three market share positions. The Americas is the largest region by revenue, but Asia Pacific is forecast to grow at the fastest rate of any region. Product growth is forecast to be broad-based, with notable growth occurring from high-performance KVMs, KVM-over-IP and serial console servers. Telco, broadcast, government, and logistics customer types are forecast to grow at the fastest rates during the forecast period.
Transformation at the network edge will be the focus of the following unmissable event:
