What Is The Definition Of The Global System Infrastructure Software Market?
System infrastructure software refers to a category of programs that manage and optimize the underlying resources of a computer system, such as operating systems, virtualization software, and middleware. These tools facilitate efficient communication between hardware components and enable the execution of applications, ensuring smooth operation and resource allocation in complex computing environments.
System Infrastructure Software Global Market Report 2024 provides data on the global system infrastructure software market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The System Infrastructure Software market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.
How Are The Global System Infrastructure Software Market Size And Growth Rates Projected To Evolve?
The system infrastructure software market size has grown rapidly in recent years. It will grow from $170.96 billion in 2023 to $190.92 billion in 2024 at a compound annual growth rate (CAGR) of 11.7%. The growth in the historic period can be attributed to the early adoption of IT infrastructure, the rise of cloud computing, rapid growth in data volumes, the rise in digital transformation initiatives, growing cybersecurity threats, and data breaches. The system infrastructure software market size is expected to see rapid growth in the next few years. It will grow to $300.73 billion in 2028 at a compound annual growth rate (CAGR) of 12.0%. The growth in the forecast period can be attributed to the expansion of edge computing infrastructure, widespread adoption of container orchestration platforms, adoption of hybrid and multi-cloud strategies by enterprises, growing emphasis on sustainability and energy efficiency, evolving regulatory landscape, and data privacy regulations. Major trends in the forecast period include the integration of AI and machine learning capabilities, adoption of serverless computing architectures, adoption of microservices architecture, adoption of automation and orchestration technologies, integration of quantum computing technologies, and integration of infrastructure software solutions.
What Are The Essential Drivers Behind The Growth Of The System Infrastructure Software Market?
Increasing adoption of cloud services is expected to propel the growth of the system infrastructure software market going forward. Cloud services refer to a range of services delivered over the internet, allowing users to access and utilize computing resources without needing on-premises infrastructure or management. The surge in cloud services is due to the increasing demand for scalable, flexible, and cost-effective computing solutions by businesses and organizations seeking to modernize their IT infrastructure. Cloud services offer scalable, flexible infrastructure software solutions, enabling enterprises to efficiently manage and deploy system resources without requiring extensive hardware investment or maintenance. For instance, in December 2023, Eurostat, a Luxembourg-based governmental organization of the European Union operating as the statistical office, reported that in 2023, the adoption rate of cloud computing services among small and medium-sized enterprises grew to 59%, up from 53% in 2021. Therefore, the increasing adoption of cloud services is driving the growth of the system infrastructure software market, with market sizes reaching $J billion in 2023, $K billion in 2024, and $L billion in 2028.
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How Is The Global System Infrastructure Software Market Divided Into Key Segments?
The system infrastructure software market covered in this report is segmented –
1) By Type: System And Network Management Software, Security Software, Storage Software, System Software
2) By Organization Size: Large Enterprises, Small And Medium-sized Enterprises
3) By Application: Building Management System, Cloud Integration, Data Center Infrastructure Management, Network Integration, Other Applications
4) By End-use: Manufacturing, Telecommunications And Information Technology (IT), Banking, Financial Services And Insurance (BFSI), Transportation And Logistics, Retail, Healthcare, Other End Uses
What Trends Are Reshaping The Future Of The System Infrastructure Software Market?
Companies in the system infrastructure software market are focusing on advanced artificial intelligence for IT Operations (AIOps)-based solutions to boost profitability. AIOps technology combines AI and machine learning (ML) with big data analytics to automate and enhance system infrastructure management and operations. For example, in May 2023, NTT Ltd., a Japan-based IT infrastructure and services firm, introduced the SPEKTRA Sentient Platform for Network Transformation. SPEKTRA leverages AIOps, predictive analytics, and automation to improve network performance, reliability, and operational efficiency. This platform offers a clear path to network transformation, incorporating cloud and edge capabilities, advanced anomaly detection, and comprehensive service level metrics to meet evolving customer demands.
What Is The Fastest Growing Region In The System Infrastructure Software Market?
North America was the largest region in the system infrastructure software market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the system infrastructure software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
