The Data Center Infrastructure Management Market size is estimated at USD 213.24 billion in 2024, and is expected to reach USD 287.67 billion by 2029, growing at a CAGR of 6.17% during the forecast period (2024-2029).
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.
The 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.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook