May 21, 2024
Remote Infrastructure Management Market

Remote Infrastructure Management Market Is Expected To Be Flourished By Increasing Need For Efficient Management Of IT Infrastructure

Remote infrastructure management involves the maintenance and management of IT infrastructure and applications through cloud and web-based services to monitor, optimize and enhance performance. It offers various benefits such as improved efficiency, cost reduction, scalability, and better security and control. Enterprises across various industries such as BFSI, IT & telecom, manufacturing, healthcare, and government are increasingly adopting remote infrastructure management services to streamline their IT infrastructure maintenance. With rising data volumes and complexity of IT environments, there is a growing need for comprehensive remote infrastructure management solutions capable of handling large scale and multi-vendor infrastructures.

The global remote infrastructure management market is estimated to be valued at US$ 48.42 Mn in 2024 and is expected to exhibit a CAGR of 1.6%  over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.

Market Dynamics

One of the key drivers expected to boost the remote infrastructure management market share is the increasing need for efficient management of IT infrastructure. Traditional on-site infrastructure management often requires timely interventions of IT staff to handle issues. This disrupts operations and increases downtime. In contrast, remote infrastructure management through advanced monitoring tools and AI-powered analytics enables proactive issue identification and quick resolution without physical interactions. This significantly improves operational efficiency while reducing maintenance costs. Further, remote infrastructure management also facilitates infrastructure scalability as per cost-effectively changing business needs without major on-site deployments. Cloud-based scalable platforms for remote infrastructure monitoring allow enterprises to scale up or down resources on demand. This flexibility and pay-per-use pricing of remote infrastructure management services are encouraging more organizations to adopt these solutions.

Segment Analysis

The remote infrastructure management market is segmented into solutions, services and verticals. The services segment dominates the market as organizations need to manage the infrastructure remotely through remote monitoring and optimization services for better productivity. The services segment includes Managed Services and Professional Services. Within services, the managed services sub-segment dominates the market as organizations rely on remote infrastructure management service providers for day-today operations and maintenance of their IT infrastructure.

PEST Analysis

Political: Government initiatives for digitalization and data privacy regulations have increased the need for remote infrastructure management solutions.

Economic: Economic slowdown due to Covid pandemic forced businesses to cut costs and achieve more with less. This increased the adoption of cost-effective remote infrastructure management.

Social: With the “work from anywhere” culture, the demand for reliable and secure access to infrastructure from any location increased.

Technological: Emergence of technologies like cloud, IoT and AI are enabling enhanced remote monitoring and management of dispersed infrastructure.

Key Takeaways

The global Remote Infrastructure Management Market Demand is expected to witness high growth. The global remote infrastructure management market is estimated to be valued at US$ 48.42 Mn in 2024 and is expected to exhibit a CAGR of 1.6%  over the forecast period 2024 to 2031.

Regional analysis: North America dominates the market due to high technology adoption. Europe is another major market.

Key players: Key players operating in the remote infrastructure management market are Sofidel Group, Kimberly-Clark Corporation, WEPA Industrie Holding SE, MetsÀ Group, Industrie Cartarie Tronchetti SpA, Lucart SpA, Essity AB, Renova, Procter & Gamble, Cartiere Carrara SpA, Industrie Celtex SpA, Johnson & Johnson Services Inc., Ontex Group, Tosama D.O.O, and Drylock Technologies NV. Operating in the remote infrastructure management market are Sofidel Group, Kimberly-Clark Corporation, WEPA Industrie Holding SE, MetsÀ Group, Industrie Cartarie Tronchetti SpA, Lucart SpA, Essity AB, Renova, Procter & Gamble, Cartiere Carrara SpA, Industrie Celtex SpA, Johnson & Johnson Services Inc., Ontex Group, Tosama D.O.O, and Drylock Technologies NV.

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