The System Infrastructure Software Market was worth USD 161 billion in 2023, expected to reach USD 297.18 billion by 2032, growing at a CAGR of 7.12%. The market is expanding due to the adoption of cloud technologies, with 87% of firms experiencing business acceleration from cloud usage.

Hybrid and multi-cloud environments are driving the demand for system infrastructure software globally. 94% of businesses are integrating cloud computing, with 89% using a multi-cloud strategy to meet operational needs while ensuring business continuity.

The Network and System Management segment led the market in 2023 with a revenue share of about 45%, while the Security segment is expected to grow at a CAGR of 9.06% from 2024 to 2032. Data Center Infrastructure led the market in 2023 with approximately 39% revenue share.

North America led the System Infrastructure Software market in 2023 with a revenue share of 37%, while Asia Pacific is expected to grow at a CAGR of 9.38% from 2024 to 2032. Key players in the market include Amazon Web Services, Microsoft, IBM, and Oracle.

In 2024, AWS and NVIDIA expanded their collaboration to enhance generative AI, while Broadcom introduced VMware Tanzu Data Services and VeloRAIN at VMware Explore 2024 in Barcelona to enhance AI workloads and IT modernization.

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Read more at GlobeNewswire: System Infrastructure Software Market to Reach USD 297.18