December 5, 2024

(Remote Infrastructure Management Market Is Expected To Be Flourished By Growing Demand For Managing IT Infrastructure Remotely)

Remote Infrastructure Management (RIM) refers to techniques that enable the remote monitoring and management of various information technology (IT) infrastructures and applications without the need for on-site interaction with these systems. RIM allows organizations to access, configure, and manage critical IT infrastructure and applications virtually from any location using web-based or cloud-hosted portals and software solutions. Key RIM activities encompass monitoring server performance, hard drive utilization, network traffic, diagnosing and resolving hardware/software issues, patching systems, and facilitating remote assistance. Growing demand for streamlining IT operations and increasing mobility of the workforce are some of the leading factors driving the adoption of RIM solutions across various industry verticals.

The global Remote Infrastructure Management Market is estimated to be valued at US$ 42.03 Bn in 2023 and is expected to exhibit a CAGR of 1.6% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market Dynamics:

Growing demand for managing IT infrastructure remotely: Remote infrastructure management enables organizations to remotely manage and monitor their critical IT infrastructure from any location through web-based or cloud solutions. This has been a primary driver behind the growing adoption of RIM as it allows IT teams to reduce hardware maintenance costs, free up valuable on-premise resources, enhance operational efficiency, and address issues without traveling to physical locations. The ability to manage infrastructure virtually from any location drives down IT costs significantly and improves workforce productivity and mobility.

Remote infrastructure management enables organizations to address issues faster: RIM enables organizations to address hardware or software issues in real-time without needing to deploy on-site technicians. Remote monitoring and diagnostics capabilities of RIM solutions help resolve issues much faster as compared to traditional on-premise management approaches. This advantage has been a key factor behind enterprises adopting RIM to improve agility and flexibility of their overall IT infrastructure management.
Segment Analysis

The Remote Infrastructure Management Market Size is dominated by the healthcare segment. With the increasing need to remotely monitor medical equipment and infrastructure in hospitals as well as collect healthcare data from remote locations, the healthcare segment accounts for over 35% of the overall market. Factors such as increasing investments in telehealth and remote patient monitoring are contributing to the growth of this segment. The IT & telecom segment is another major sub-segment and holds around 25% share due to the rising need of managing networks and infrastructure of major telecom service providers through cloud-based solutions.

PEST Analysis

Political: Governments across the globe are promoting work from home practices and remote working models which is driving the demand for remote infrastructure management solutions. Various policies aimed at developing smart infrastructure are also boosting the adoption.

Economic: The cost benefits of remotely managing large infrastructure as compared to on-site management is a key factor fueling spending on remote infrastructure management technologies. Reduced downtime and efficient utilization of resources lead to improved returns on investment.

Social: Growing digitalization and preference for contactless services among customers and employees amid COVID-19 pandemic has accelerated the demand from industries. Remote working culture is also bolstering the social acceptance of remote infrastructure management.

Technological: Emerging technologies like AI, IoT, machine learning are enabling advanced monitoring, predictive analysis and automation in remote infrastructure management. Cloud computing plays a key role in delivering these solutions in a flexible and scalable manner. Rise of 5G networks will further support real-time remote management of infrastructure and equipment.

Key Takeaways

The global remote infrastructure management market is expected to witness high growth. Regional analysis comprises: North America holds the largest share of over 35% owing to widespread adoption of cloud-based solutions and remote infrastructure management across all major industries in the region such as healthcare, IT, manufacturing etc. Asia Pacific is expected to witness fastest growth during the forecast period due to rising digitalization, growing infrastructure and increasing investments by global remote infrastructure management vendors looking to tap opportunities.

Key players operating in the remote infrastructure management market are Cisco Systems, Dell Technologies, Fujitsu, Tata Consultancy Services, Capgemini, HCL Technologies, HPE, NTT Data, Equinix, and Infosys. Key players are focusing on developing AI-driven predictive analytics solutions to enable proactive management of infrastructure and offer superior customer experience. Players are also collaborating with telecom operators and hyperscalers to enhance their cloud-based service capabilities. Acquisitions of emerging companies are allowing key players to expand their footprint and solution portfolio.

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it

Ravina
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Ravina Pandya,  Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. With an MBA in E-commerce, she has an expertise in SEO-optimized content that resonates with industry professionals.

Ravina Pandya

Ravina Pandya,  Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. With an MBA in E-commerce, she has an expertise in SEO-optimized content that resonates with industry professionals.

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