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Infrastructure Software Global Market 2024 - Top Companies, Industry Analysis, Growth Statistics And Outlook By 2033
Infrastructure Software Global Market
The infrastructure software market size is expected to see strong growth in the next few years. It will grow to $316.91 billion in 2028 at a compound annual growth rate (CAGR) of 6.1%. The growth in the forecast period can be attributed to edge computing expansion, focus on zero trust security models, containerization and microservices architecture, increased emphasis on devops practices, focus on user experience.. Major trends in the forecast period include hybrid and multi-cloud management, container orchestration and management, user-centric infrastructure design, digital experience monitoring (dem), serverless computing integration..
Market Overview -
Infrastructure software is enterprise software designed to increase IT performance in organizations. It is used to assure that people and systems within a corporation can connect and do their tasks effectively, as well as to ensure that business processes are executed efficiently, information is shared, and contact points with suppliers and customers are managed.
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5G Demand Fuels Accelerated Growth In The Infrastructure Software Market
The rising demand for 5G connectivity is expected to propel the growth of the infrastructure software market going forward. 5G is the fifth generation of networks, it enables a new type of network that is meant to link almost everyone and everything, including machines, objects, and devices. The advent of new applications and services that were previously disabled with older wireless technologies is projected to benefit the infrastructure software industry as demand for 5G connections expands. Additionally, the growing popularity of cloud computing is boosting demand for 5G. For instance, in September 2022, according to a report published by the GSM Association (GSMA), a UK-based industry organization that represents the interests of network operators globally, 5G technology has resulted in over 640 million 5G connections in 2022, with a total of 2 billion connections expected by 2025. Therefore, the adoption of 5G technology is driving the growth of the infrastructure software market.
Competitive Landscape -
Major companies operating in the infrastructure software market report are Amazon Web Services Inc., Bmc Software Inc., Broadcom Inc., Cisco Systems Inc., Dell Inc., Hewlett Packard Enterprise Co., International Business Machines Corporation, Microsoft Corporation, Oracle Corporation, Tibco Software Inc., Red Hat Inc., Apple Inc., EMC Corporation, Fujitsu Ltd., Symantec Corporation, Citrix Systems Inc., Hitachi Ltd., Intel Corporation, SAP SE, Nippon Electric Co. Ltd., Brocade Communications Systems Inc., Canonical Ltd., LANDesk Software Inc., McAfee LLC, Progress Software Corporation, Kaspersky Lab ZAO, NetApp Inc., The Attachmate Group Inc., Trend Micro Incorporated, Palo Alto Networks .
Innovative 5G Automation Solutions Revolutionize Infrastructure Software Market
Technological advancements are a key trend gaining popularity in the infrastructure software market. Major companies operating in the infrastructure software markets developing innovative products to strengthen their position in the market. For instance, in June 2021, Hewlett Packard Enterprise, a US-based information technology company, launched a new automated 5G management software solution, expanding its 5G offering with fully integrated automated management. The solution comprises HPE 5G Automated Assurance and a new 5G feature for HPE Service Director, which work together to simplify 5G network administration and decrease deployment risks using a zero-touch, closed-loop approach. The technology is pre-integrated with HPE's open 5G solutions, including the HPE 5G Core Stack, as well as open-source technologies and open APIs for integration with multi-vendor installations.
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Key Segments -
The infrastructure software market covered in this report is segmented -
1) By Type: Storage, Network and System Management, Security
2) By Application: Building Management, Integrated Communications, Data Center Infrastructure, Cloud Integrations
3) By End-use: Manufacturing, IT And Telecom, BFSI, Transportation And Logistics, Retail, Healthcare, Other End-Users
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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