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Global Remote Infrastructure Management market expected to touch $44 billion by 2023: KBV Research

The global Remote Infrastructure Management (RIM) market is predicted to touch $44.6 billion by 2023, growing at a CAGR of 11.4% during the forecast period (2017-2023), as per a report by KBV Research.

Sometimes the physical infrastructure of an organization is geographically separate from IT management services. In such scenario, the RIM enables organizations to remotely manage the IT infrastructure completely or in parts, like management of desktops, laptops, servers, network services, storage devices, IT security devices, etc.

The economic deployment, limited network downtime, and effective network managements will be the key factors to drive the global RIM market. The other contributors to the market size growth will be high quality of service, better output, and minimized network and data issues.

  • By Core Services:

Based on Core Services, Server Management market was dominated by North America in 2016, and will continue its dominance till 2023, showing a CAGR of 8.5% during the forecast period.

Database Management market was dominated by Europe, and is expected to grow at a CAGR of 8.7% during the forecast period.

Whereas, Storage Management market was dominated by Asia Pacific region, and is expected to grow at a CAGR of 14.1% during the forecast period.

  • By Organization Size:

Large Enterprises held the maximum RIM market by Organization Size in 2016, and are expected to continue to dominate the market till 2023.

Small and Medium Enterprises (SMEs) are expected to grow at a CAGR of 15.6% during the forecast period.

  • By Vertical:

BFSI dominated the global RIM market by Vertical in 2016, and will continue its dominance till 2023, showing a CAGR of 9.3% during the forecast period.

Healthcare market will witness a CAGR of 11% during the forecast period, while Retail market is expected to attain value of $5912.1 million by 2023.

Also read: ‘Data Center Switch’ market expected to touch $18 billion by 2023: KBV Research

Fujitsu, Capgemini, Accenture, Genpact, Nityo Infotech, Sensiple, Rigel Networks, Cognizant, UST Global, and AT&T are the major players in Remote Infrastructure Management market.

For full report, visit: https://kbvresearch.com/remote-infrastructure-management-market/

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Automation-as-a-service market expected to touch $7 billion by 2023: KBV Research

Automation-as-a-service (AaaS) market is expected to touch $7.4 billion by 2023, growing at a CAGR of 27% during 2017 to 2023, as per a new report from KBV research.

The AaaS helps organizations by automating the business processes, and shifting from slow and manual processes to fast and reliable automated ones. The increasing demand for cloud services and automation, is driving the Automation-as-a-Service market.

  • By component

Based on component, the report segments the market into solutions and services. In 2016, solutions market dominated the global AaaS market worldwide, and is expected to do so till 2023. On the other hand, the services market is expected to show a CAGR of 31.8% during the forecast period (2017-2023).

  • By region

In 2016, North America held the largest market share in Global Operations & IT AaaS, and will continue to dominate till 2023, showing a CAGR of 24.5%.

Europe will grow at a CAGR of 25.5% during the forecast period in finance AaaS market, while APAC region is expected to witness a CAGR of 30.5% in human resource AaaS market.

  • By type

By type, the rule-based automation dominated the market in 2016, and is expected to be a dominant till 2023. While knowledge-based automation will grow at a CAGR of 31.2% during the forecast period.

  • By vertical

Banking, Financial services and Insurance (BFSI) held the largest market share in 2016, and will continue to do so till 2023, showing a CAGR of 24.9%.

Healthcare market is expected to touch $926.9 million by 2023, while retail market will grow at a CAGR of 27.9% during 2017 to 2023.

KBV Research also elaborated profiles of leading companies including IBM, Microsoft, HPE, Pegasystems, Blue Prism, Automation Anywhere, etc. It considered the key strategic developments of these companies including Mergers & Acquisitions, product launches, partnerships, etc.

Also read: 5 Cloud Computing Predictions for 2018 that will define the cloud industry for good

As per the report, Microsoft, IBM, and HPE were forerunners in automation-as-a-service market.

For full report, visit: https://kbvresearch.com/automation-as-a-service-market/