KVM Switches Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of KVM Switches Market
The global KVM switches market size was valued at USD 685.68 million in 2023 and is expected to reach a valuation of USD 728.46 million in 2024. The market is predicted to touch USD 1,159.65 million by 2032, recording a CAGR of 5.98% during the forecast period of 2024-2032.
KVM (Keyboard, Video, and Mouse) switches are hardware solutions that help users operate multiple computers using a single keyboard, mouse, and monitor. This helps them reduce their costs as they won’t have to invest in more keyboards and mice for each computer. Using a KVM switch also helps organizations make efficient use of their space and their workspace more organized. These advantages are expected to increase its use in several industries.
One of the key factors propelling the growth of the market is the growing need for high-performance switches due to their high operational efficiency. The demand for high-performance KVM switches is growing in several industry verticals as they can allow users quick access to the control room systems from local or remote locations. Moreover, they can link several users to multiple servers at any time, while offering high-definition audio, video, and USB performance. Another major factor boosting the market’s growth is the increasing network of data centers, which use these switches to efficiently operate many computers from a single platform.
Comprehensive Analysis of KVM Switches Market
The market is divided into three segments: user-type, enterprise size, and end-user. Based on user-type, the market is segmented into single-user and multi-user. The multi-user segment is expected to dominate the global KVM switches market share as these switches offer users access to several servers or computers from local or remote workstations. Based on enterprise size, the market is classified into small and medium enterprises and large enterprises. The large enterprise segment is predicted to dominate the global market as these switches can help large-scale organizations manage several computers more easily. Based on end-user, the market is segmented into IT & telecom, BFSI, government, media & entertainment, and others. The media & entertainment segment is anticipated to dominate the global market due to the increasing demand for media & entertainment services.
The market’s study covers regions, such as North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Out of these regions, North America is leading the global KVM switches market growth due to the increasing presence of leading market players in the region. Moreover, rising investments in advanced technologies and strong government support will also help the regional market grow.
Some of the key companies operating in the market include ATEN INTERNATIONAL Co., Ltd. (Taiwan), Belkin (U.S.), Dell Technologies (U.S.), Adder Technology Ltd. (U.K.), Fujitsu Limited (Japan), Guntermann & Drunck GmbH (Germany), Hewlett Packard Enterprise (U.S.), Schneider Electric SE (France), Eaton (U.S.), Vertiv Group Corp (U.S.), Shenzhen CKL Technology Co., Ltd. (China), Legrand (France), IHSE GmbH (Germany), among many others. These market participants are focusing on launching new versions of KVM switches that are equipped with advanced technologies to cater to various demands of their customers in various industries. This move will help them expand their product range and strengthen their dominance in the market.
March 2023: ATEN International, a leading supplier of KVM and AV/IT connectivity and management solutions, announced the launch of a new 2-port 4K DisplayPort USB-C KVM Dock Switch. The switch can be used for any dual USB-C laptop application that needs to integrate two USB-C laptops and share access to one external 4K monitor and USB 3.0 peripherals for better efficiency and productivity, such as data-intensive or graphics-intensive work in WFH, SOHO, and corporate environments.
Table of Segmentation
Global KVM Switches Market Scope
Study Period 2019-2032
Base Year 2023
Forecast Period 2024-2032
Historical Period 2019-2022
Growth Rate CAGR of 5.98% from 2024 to 2032
Unit Value (USD Million)
Segmentation By User-Type, Enterprise Size, End-User, and Region
Segmentation By User-Type
Single-User
Multi-User
By Enterprise Size
Small & Medium-sized Enterprises
Large Enterprises
By End-User
IT & Telecom
BFSI
Government
Media & Entertainment
Others
By Region
North America (By User-Type, Enterprise Size, End-User, and Country)
U.S. (By End-User)
Canada (By End-User)
Europe (By User-Type, Enterprise Size, End-User, and Country)
UK (By End-User)
Germany (By End-User)
France (By End-User)
Italy (By End-User)
Spain (By End-User)
Russia (By End-User)
Rest of Europe (By End-User)
Asia Pacific (By User-Type, Enterprise Size, End-User, and Country)
China (By End-User)
India (By End-User)
Australia (By End-User)
Japan (By End-User)
Southeast Asia (By End-User)
Rest of Asia Pacific (By End-User)
Latin America (By User-Type, Enterprise Size, End-User, and Country)
Brazil (By End-User)
Mexico (By End-User)
Rest of Latin America (By End-User)
Middle East & Africa (By User-Type, Enterprise Size, End-User, and Country)
GCC (By End-User)
South Africa (By End-User)
Rest of Middle East & Africa (By End-User)