Data Center Infrastructure Management (DCIM) Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
The Global Data Center Infrastructure Management (DCIM) Market is expected to register a CAGR of approximately 25.8% over the forecast period (2022 - 2027). Due to the Covid-19 pandemic, challenges concerning the construction of new data center capacity have risen. Most vendors are postponing or canceling projects or activities, which could increase the risk of infection. As per Vantage, construction being stalled is inevitable as multiple workers move around building sites, making the social-distancing rules hard to implement instead of ensuring staff safety.
Key HighlightsThe competitive rivalry in the data center infrastructure management market is high, owing to some major players, such as IBM, Siemens, and Schneider Electric. Their continually innovating offerings have given them a competitive advantage over other players. Through strategic partnerships, R&D, and mergers and acquisitions, they have obtained a stronger foothold in the market.
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