Latest News- System Infrastructure Software Market: Server management is expected to lead the Application segment during 2025-2029
The System Infrastructure Software Market is being driven by Adoption of cloud computing
The System Infrastructure Software Market is expected to grow at a CAGR of 8.5% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 66.95 billion. The global system infrastructure software market is experiencing a significant wave of innovation, with vendors introducing new solutions to meet the evolving needs of enterprises. Notable among these launches is IBM's introduction of IntelliMagic Vision for z/OS on April 8, 2024. Following IBM's acquisition of IntelliMagic, this solution represents the first product release under the IBM umbrella. IntelliMagic Vision for z/OS utilizes advanced analytics to optimize z/OS system performance, ensuring reliability, reducing costs, and mitigating disruptions. Given IBM mainframes' handling of approximately 70% of global transaction value, this solution is essential for managing critical workloads and empowering next-generation operations teams to optimize hardware, software, and workloads.
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Which Factors Are Causing a Surge in Market Growth?
The market is segmented based on Application (Server management, Cloud infrastructure management, Network management, Storage management, Others) End-user (IT and telecommunications, BFSI, Retail, Manufacturing, Others) Geography (North America, Europe, APAC, Middle East and Africa, South America).
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
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Key Features in System Infrastructure Software Market Research Report
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System infrastructure software plays a crucial role in supporting business transactions through various digital tools like AI and ML in the face of increasing cybersecurity threats. Hybrid computing and cloud-based technologies, including cloud integration and data centers, are key trends. IoT and blockchain bring new challenges, requiring advanced security software and storage solutions. IT infrastructure, including virtualization and automation, is enhanced by cloud services and data storage. Enterprise software offers IT performance improvements and workforce support, while cloud-based solutions ensure system software functionality and cybersecurity.
The System Infrastructure Software Market, a segment of the larger IT software industry, encompasses organizations specializing in the creation and distribution of application development and management software, cloud computing solutions, data center and hosting software, IT management tools, mobility offerings, networking software, security solutions, and storage systems. Excluding home entertainment software producers, this market's size is determined by aggregating the revenues of companies providing various types of systems software, including cloud-based applications. Key trends shaping this market include the adoption of digital tools, addressing cybersecurity threats, implementing hybrid computing, embracing cloud-based technologies, integrating digital frameworks, and leveraging artificial intelligence (AI) and machine learning (ML) capabilities.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
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