Vertiv Ranked as a Global Leader for Remote IT Management Devices
New opportunities emerge, driven by edge compute and digital transformation
COLUMBUS, Ohio — IHS Markit released its “KVM Switches and Serial Consoles” report, ranking Vertiv the No. 1 supplier of remote IT management devices worldwide by revenue for 2018. The market for keyboard, video, and mouse (KVM) switches and serial consoles was worth $723.5 million globally in 2018 and is expected to grow by more than 5% during 2019.
The IHS Markit report revealed IT spending, which grew by more than 6% globally in 2018 and looks set for positive and steady increases from 2019 to 2022, as a key driver for remote IT management devices. Another key factor is digital transformation, which continues to drive expansion of data center capacity from the core to the edge, according to IHS Markit. Growth in developing markets, where adoption of KVM is still relatively low, will also be an important future driver.