Global Intelligent Platform Management Interface (IPMI) Market Size, Trends & Growth Opportunity and By Component (Sensors & Control, Baseboard Management Controller, Memory devices, and Others) By End Use (Storage Devices, Telecommunication Equipments, a

Global Intelligent Platform Management Interface (IPMI) Market Size, Trends & Growth Opportunity and By Component (Sensors & Control, Baseboard Management Controller, Memory devices, and Others) By End Use (Storage Devices, Telecommunication Equipments, and Storage Devices), By Vertical (IT & Telecomm, Public Sector, Manufacturing, Retail, Education & Research, Healthcare, and BFSI), By Region and Forecast till 2027.

Global Intelligent Platform Management Interface (IPMI) Market

The Global Intelligent Platform Management Interface (IPMI) Market is expected to grow from US$ 4.02 Billion in 2021 to US$ 8.09 Billion by 2027; it is estimated to grow at a CAGR of 12.36% from 2022 to 2027.

Market Overview

Intelligent platform management interface (IPMI) is a group of specifications which monitors the environment and hardware server. This interface assists in managing multiple servers from specific location. These are independently switched rebooted, off or on, whenever required. The IPMi features a number of embedded subsystems, including BMCs and EMCs ( they are the hardware chip used to control the servers.) The Intelligent Platform Management Interface's key functions include system monitoring for things like fans, voltage, power supplies, temperature, etc.

Market Drivers

Increase in demand for cloud based storage is the key driving factor which is expected to boost the global intelligent platform management interface (IPMI) market growth. Furthermore, rise in demand for enhanced server management as well as reduced cost of ownership will have the positive impact on market growth. Moreover, Rise in spending and growing adoption of technological advancements will fuel the market growth during this forecast period.

Market Restraints

However, an insufficient management tool for modern data centre is the major challenging factor which is expected to hamper the global intelligent platform management interface (IPMI) market growth.

Market Opportunities

Given that it necessitates several frameworks functioning continuously every day, the IPMI market has a chance of influencing trends in the retail sector. A robust market expansion for Intelligent Platform Management Interfaces is also anticipated in China and Japan due to advancements in the telecom industries in these countries.

Segmentation By Component: Global Intelligent Platform Management Interface (IPMI) Market is classified on the basis of Component into Sensors & Control, Baseboard Management Controller, Memory devices, and Others.

Segmentation By End Use: Global Intelligent Platform Management Interface (IPMI) Market is classified on the basis of Storage Devices, Telecommunication Equipments, and Storage Devices.

Segmentation By Vertical: Global Intelligent Platform Management Interface (IPMI) Market is classified on the basis of IT & Telecomm, Public Sector, Manufacturing, Retail, Education & Research, Healthcare, and BFSI.

Segmentation By Region: Global Intelligent Platform Management Interface (IPMI) Market is classified on the basis of Region into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Due to China's telecom sector and Japan's crucial development, IPMI market will continue to be popular in APEJ. China will anticipate a rise in telecom customers due to its expanding population. Additionally, portability entry is growing in APEJ nations as well, stimulating interest in the IPMI market.

Market Key Players

Various key players are discussed in this report such as Intel Corporation, NEC Corporation, Super Micro Computer, Inc., Hewlett Packard Enterprise (HPE) Company, Dell Inc., ARM Holdings PLC, Cisco Systems, Inc., and Microsoft Corporation.

Market Taxonomy

By Component

• Sensors & Control
• Baseboard Management Controller
• Memory devices
• Others