The global Remote Infrastructure Management (RIM) market size is estimated to be USD 23.65 billion in 2017 and is projected to reach USD 41.27 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 11.8% during the forecast period.
With the noteworthy rise in managing the remote IT infrastructure, the requirement for RIM services has increased. All enterprises across all major verticals are competing to expand their presence and customer base. Remote Infrastructure Management assists remarkably in their business goals by letting them focus on their core competencies while offering overall management of their IT infrastructure for them.
RIM services monitor and manage their scattered IT infrastructure remotely and complex networks efficiently. Additionally, RIM offers security and timely maintenance for the IT infrastructure entities, which acts as a critical aspect for any enterprise. This has significantly influenced the RIM implementation among enterprises as the IT setup is the backbone for any organization. To overcome any latency or system downtime, RIMs are preferred.
The rising awareness about the benefits of RIM and supporting opportunities for enterprises in improving their business models and achieving revenue goals are another major factors driving the growth of this market. All major verticals are digitally operating and are depending on their IT infrastructure and networks to run on. RIMs offer IT asset and network optimization for better business functioning.
Varied pricing and the uncertainty pertaining to service charges for RIM services is a major challenge in this market. Operative and successfully running IT infrastructure is very vital for enterprises as their business models are based on it. For managing their remote IT infrastructure, it has become significant for enterprises to opt for RIM services. The pricing factor is a major aspect that affects the decision of selecting a specific service from the listed RIM services. In addition, the massive competitive market, leading to business expansions globally, has augmented the demand for RIM services for managing the scattered IT infrastructure. This demand has led to price war between various RIM providers to offer cost-effective and customized services in the market.
Among core services, the server management segment is expected to be the highest contributor to the RIM market, owing to the surging demand for cost-effectiveness and secure environment for servers to deliver the best performance. Additionally, the desktop management segment is projected to grow at the highest CAGR. This high growth is due to the increasing need for optimized desktop management and the best end-user computing services.
