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Infrastructure Software Market: What is the Projected CAGR for 2024-2033?

In the past few years, the size of the infrastructure software market has consistently expanded. A compound annual growth rate (CAGR) of 4.7% will see it increase from $238.51 billion in 2023 to $249.79 billion in 2024. Factors such as legacy system modernization, growth of remote work, concerns over cybersecurity, the deployment of automation and orchestration, optimization of application performance, and the exigencies of regulatory compliance were largely responsible for the growth witnessed in the historical period.

Expectations are high for the robust growth of the infrastructure software market in the upcoming years. This market is projected to soar to $316.91 billion by 2028, rising at a compound annual growth rate (CAGR) of 6.1%. Expansion of edge computing, a keen focus on zero trust security structures, the emergence of containerization and microservices design, a greater spotlight on devops methodologies, and attention to user experience can be noted as reasons for growth in the projected timeframe. Hybrid and multi-cloud management, container orchestration and management, user-oriented infrastructure formulation, digital experience monitoring (DEM), and integration of serverless computing are the primary trends to look forward to in the forecast period.

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What Are the Primary Drivers Supporting the Growth of the infrastructure software Market?

The expansion of the infrastructure software market is expected to be fueled by the surging demand for 5G connectivity. Establishing itself as the fifth generation of networks, 5G aims to connect virtually everyone and everything, including devices, objects, and machines. As 5G connections grow in number, the infrastructure software sector stands to gain, with new applications and services, previously incompatible with older wireless technologies, contributing significant value. The continual rise of cloud computing is also heightening the demand for 5G. A September 2022 report from the GSM Association (GSMA), a global network operators representative based in the UK, outlined how 5G technology has facilitated more than 640 million 5G connections in 2022, forecasting a total of 2 billion by 2025. Hence, the adoption of 5G technology is a significant growth propeller for the infrastructure software market.

What Are the Core Segments of the Infrastructure Software Market?

1) By Type: Storage, Network and System Management, Security

2) By Application: Building Management, Integrated Communications, Data Center Infrastructure, Cloud Integrations

3) By End-use: Manufacturing, IT And Telecom, BFSI, Transportation And Logistics, Retail, Healthcare, Other End-Users

What Trends Are Paving the Way for Change in the Infrastructure Software Market?

Innovations in technology are becoming an increasingly prevalent trend in the infrastructure software market. Many leading corporations in the sector are developing ground-breaking solutions to consolidate their market position. For instance, Hewlett Packard Enterprise, an American IT firm, introduced an automated 5G management software solution in June 2021, thereby broadening its 5G portfolio with a fully incorporated automated management system. This solution consists of HPE 5G Automated Assurance and a new 5G feature for the HPE Service Director. Together, these features streamline 5G network management and reduce the risk associated with deployment through a hands-off, closed-loop method. This technology is already combined with HPE’s open 5G solutions, including the HPE 5G Core Stack, as well as open-source technologies and open APIs for integration with various vendor installations.

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Which Regions Are Leading the Charge in Infrastructure Software Market Development?

North America was the largest region in the infrastructure software market in 2023. The regions covered in the infrastructure software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The Infrastructure Software Global Market Report 2024 offers a comprehensive overview of the audio equipment market, covering historical data from 2010 to 2021 and providing a ten-year forecast from 2023 to 2032. This report examines the size of the infrastructure software market, its market share, and analyzes key competitors along with their market positions.

The Table Of Content For The Infrastructure Software Market Include

1. Infrastructure Software Market Executive Summary

2. Infrastructure Software Market Segments

3. Infrastructure Software Market Size And Template Market Growth Rate

4. Key Infrastructure Software Market Trends

5. Major Infrastructure Software Market Drivers

……

25. Key Mergers And Acquisitions In The Infrastructure Software Market

26. Top Infrastructure Software Companies

27. Infrastructure Software Market Opportunities And Strategies

28. Infrastructure Software Market, Conclusions And Recommendations

29. Appendix

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