Data Center Infrastructure Management Market Key Players By 2024: ABB Ltd., Dell, Inc., IBM Corporation, Modius, Inc., NTT DATA, Panduit Corporation, Siemens AG, Cisco Systems, Inc., Nlyte, and Vertiv Co.
DCIM Market size is projected to reach a revenue of over USD 3 billion in 2024. The increase in data center construction activities is anticipated to heavily impact the industry during the forecast timeframe. There is a substantial increase in the organizational data and virtualization of information as companies are becoming more customer-centric.
Organizations, primarily in the BFSI, IT, and the telecom sectors, store large amounts of customer data pertaining to financial and personal information. For instance, in July 2017, Axtel announced that it had finished the construction of USD 25 million data center in Mexico. The presence of such activities mandates the need for management applications for parameters, such as power usage, network monitoring, and security, contributing toward a high demand for DCIM market.
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Top Key Players: -
The DCIM market players comprise ABB Ltd., Dell, Inc., IBM Corporation, Modius, Inc., NTT DATA, Panduit Corporation, Siemens AG, Cisco Systems, Inc., Nlyte, and Vertiv Co.
Market share calculation in this report is not done based on companies covered in it. The calculation of DCIM market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.
Regional Segmentations: -
The increase in industrial and outsourcing activities in the South-East Asian regions is contributing to the strong projected growth of the DCIM market owing to the presence of low-cost resources such as skilled labor, electricity, and space. Additionally, countries including Hong Kong and India are investing heavily in the improvement of their broadband infrastructure. The Indian government; for instance, has launched plans to increase the connectivity in rural locations and improve broadband speeds.
The U.S. and the UK are highly focused on reducing an organization’s carbon and particulate matter emissions contributing to the adoption of technologies such as green data centers and efficient cooling solutions, driving the growth of the DCIM market.
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Partial Chapter of the Table of Content
Chapter 1. Methodology and Scope
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Definition and forecast parameters
1.2. Data Sources
Chapter 2. Executive Summary
2.1. DCIM industry 3600 synopses, 2013 - 2024
2.1.1. Business trends
2.1.2. Regional trends
2.1.3. Component trends
220.127.116.11. Solution trends
18.104.22.168. Service trends
2.1.4. End-use trends
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The industry is majorly influenced by technological trends and advancements and a noticeable trend owing to this among companies is heavy investments in R&D activities and acquisitions to sustain long-term growth. For instance, in March 2017, Nlyte announced that it had introduced a hosting service for its cloud-based DCIM software, providing its customers with a choice pertaining to how to purchase, configure, and manage their installation of Nlyte 8, thereby strengthening their position in the DCIM market.
The IT & Telecom segment is the largest consumer of the DCIM market. IT players, such as Google and Facebook, manage large amounts of consumer data and have data centers situated across the world. These solutions and services allow the organizations to exercise better control over their virtual and physical assets and focus on the reduction of operational costs by maximizing the output from the allocated resources.
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