Data Center Infrastructure Management Market The Global Data Center Infrastructure Management Market size reached US$ 2,001.6 million in 2022 and is projected to witness lucrative growth by reaching up to US$ 4,154.1 million by 2030. The market is growing at a CAGR of 13.8% during the forecast period (2024-2031). The global data center infrastructure management (DCIM) market is a rapidly growing sector within the technology industry.
DCIM solutions help organizations effectively manage and optimize their data center operations, including power and cooling systems, asset tracking, capacity planning and environmental monitoring.
Asia-Pacific is the fastest-growing region in the global market. China, India and Japan are playing a crucial role in the development of the emerging nations and China accounts for more than 50% of the regional market share by 2022 and India is growing at a significant CAGR with expected to account the 1/3rd of the regional share by the end of 2030.
Data Center Infrastructure Management Market Dynamics
The Growing Need for Efficient Data Center Management
The growing need for efficient data center management is one of the major driving factors behind the global Data Center Infrastructure Management (DCIM) market. As data centers become larger and more complex, there is a need for better management of the infrastructure to ensure optimal performance and efficiency. DCIM solutions provide real-time monitoring, analysis and control of data center infrastructure, allowing organizations to optimize their operations and reduce costs.
For example, DCIM software can help organizations to identify areas of inefficiency or waste, such as overcooling or underutilization of resources and take corrective action to improve efficiency and reduce costs. electronics to food and travel. This flexibility allows the recipient to choose a gift that is tailored to their own interests and preferences.
Complexity of Implementation
The complexity of implementation is one of the factors that can restrain the growth of the global Data Center Infrastructure Management (DCIM) market. Implementing a DCIM solution can be a complex and challenging process that requires significant expertise, resources and planning.
Implementing a DCIM solution can be expensive, requiring significant investment in hardware, software and personnel. The complexity of implementation can increase these costs, making it difficult for some organizations to justify the cost of implementing a DCIM solution.
Furthermore, the complexity of implementation can be a significant barrier to the adoption and growth of the DCIM market. To overcome this barrier, vendors need to focus on making their solutions easier to implement and use, providing more comprehensive support and training and reducing the costs and time required for implementation.
Data Center Infrastructure Management Market Segmentation Analysis
The global data center infrastructure management market is segmented based on component, application, deployment model, data center, industry vertical and region.
Owing to Greater Control and Customization and Higher Security, On-premises Segment is Leading the Global Market
On-premises deployment dominates the global Data Center Infrastructure Management (DCIM) market. On-premises deployment allows organizations to have complete control over their DCIM solution, including customization and integration with other on-premises management tools. This level of control is especially important for organizations with specific needs or compliance requirements.
With on-premises deployment, organizations have greater control over the security of their data, as they are responsible for securing their own servers and infrastructure. This is particularly important for organizations with sensitive data or strict compliance requirements. The on-premise deployment model is accounting for more than 65% of the total segmental market share globally. Based on the industry vertical BFSI is es expected to hold more thAn 33% of the global market share during the forecasted period.
Data Center Infrastructure Management Market Geographical Penetration
Due to the Early Adoption of DCIM Solutions and the High Concentration of Data Centers in the Region, North America Dominates the Global Data Center Infrastructure Management Market
North America dominates the global data center infrastructure management (DCIM) market due to several factors, including the early adoption of DCIM solutions and a high concentration of data centers in the region. North America was an early adopter of DCIM solutions, which has given it a head start in implementing and optimizing these solutions.
Many of the leading DCIM vendors are also based in North America, which has helped to drive innovation and establish a strong ecosystem of DCIM solutions. North America is home to some of the world's most advanced technology companies and these companies are driving innovation in the DCIM market.
Many of the latest DCIM solutions incorporate cutting-edge technologies such as artificial intelligence and machine learning, which are being developed and tested in North America. North America is accounting for approximatelyu 45% of the global market share and is expected to be matured market during the forecast period.
Key players of Data Center Infrastructure Management
The major global players include Schneider Electric, Vertiv, Nlyte Software, Panduit, CommScope, Sunbird Software, CA Technologies, ABB, RF Code and FNT Software.
Key Developments
• On May 14, 2023, To advance the solid-state drive industry, USI, Universal Scientific Industrial (Shanghai) Co., Ltd., introduces the PCle Gen.5 Mass Production Testing Platform Solution.
• In October 2022, A data center management suite is introduced by Honeywell. A software package to manage data centers has been released by Honeywell Building Technologies. The Honeywell Data Center Suite, which is built on the Niagara open architecture Internet of Things framework, is made to manage data centers fleets and provide visibility into their sustainability.
• In September 2022, Data centers modular all-in-ones are introduced by Schneider Electric. Simple Modular ""all-in-one"" data centres are a brand-new comprehensive solution that Schneider Electric, a pioneer in digital transformation in the fields of energy management and automation, has offered to the market.
• On March 23, 2022, With a cloud-based application that integrates facility power and environmental monitoring with asset management, rack access and connectivity management features, Panduit announced the release of its SmartZone Cloud data center infrastructure management (DCIM) software.
Why Purchase the Report?
• To visualize the global data center infrastructure management market segmentation based on component, application, deployment model, data center, industry vertical and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of data center infrastructure management market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as Excel consisting of key products of all the major players.
The Global Data Center Infrastructure Management Market Report Would Provide Approximately 77 Tables, 83 Figures and 245 Pages.
Target Audience 2023
• Manufacturers / Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies
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