Data Center Infrastructure Management Market by Key Players are: ABB Ltd., CA Technologies, Cisco Systems, Inc., CommScope, Inc., Rittal GmbH & Co., KG, Schneider Electric, Siemens AG, STULZ GmbH, Vertiv Co

Government sector to emerge as one of the leading end use segments that would drive DCIM market expansion

In an era when cyber-attacks from ‘nation state actors’ have become an everyday occurrence across the globe, it has been observed that numerous governments are increasingly allocating massive resources to fortify network security. In addition to this, various regulatory authorities have mandated stringent guidelines to monitor and identify potential vulnerabilities in the digital infrastructure of developed and developing nations.

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The commercialization scale of data center infrastructure management (DCIM) market has been witnessing remarkable upswing in the recent years. The steady rise of this business space can apparently be accredited to the burgeoning complexity of managing large data centers and the limitations with regards to space and power. In addition to this, the robust proliferation of cloud technologies and big data along with the emergence of Internet of Things has necessitated numerous business verticals to focus on planning of physical infrastructure of IT based services. This has consequentially led to DCIM industry gaining tremendous traction over the past few years. In fact, according to reliable estimates, the overall revenue share of this business space is set to surpass USD 3 billion by 2024.

Nlyte Software, one of the major US based DCIM market giant, has recently announced to have received the much-coveted approval of the Department of Homeland Security for its DCIM suite. Reportedly, the latest approval makes it the first DCIM solution across the U.S. to adhere to all the stipulations prescribed in the Phase 1 of Continuous Diagnostics and Mitigation (CDM) Program of the federal government. For the record, the U.S. federal government had rolled out a Continuous Diagnostics and Mitigation (CDM) Program a few years back to ensure security and integrity of software and hardware assets of the nation.

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Apparently, industry experts claim that such approvals would provide advanced tools and capabilities to various governmental agencies to continuously monitor the safety of critical data centers across various nations. Furthermore, it is quite needless to mention that such encouraging developments would eventually impel the growth potential of the overall DCIM industry in the ensuing years.

Elaborating further, it would be prudent to mention a similar instance of governmental initiative that has provided a substantial boost to the firms operating in Australia’s DCIM industry space. The Northern Territory government of Australia has recently declared its Budget for 2018-19 in which it has allocated a total sum of around AU$18.38 million to support initiatives under the Department of Corporate and Information Services.

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One of the major challenges being faced by DCIM market players has been the responsibility of bridging the complex web of interconnections among a network of data centers. With the advent of enhanced automated tools, highly optimized management workflow procedures, and deployment of real-time monitoring systems, the aforementioned challenges are being gradually surmounted by DCIM industry stakeholders. This trend of improved functionality coupled with powerful IT-based applications would invariably have a favorable influence on the growth prospects of DCIM market share in the times to come.

Market share calculation in this report is not done based on companies covered in it. The calculation of Data Center Infrastructure Management (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.

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Grow Light Market Size, Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, Poland, China, India, Japan, Australia, Brazil, Mexico, Argentina, South Africa, Saudi Arabia, UAE), Application Development Potential, Price Trend, Competitive Market Share & Forecast, 2018 – 2024

https://www.marketwatch.com/press-release/grow-light-market-research-report-2018-study-by-manufacturers-regions-type-and-application-forecast-2024-2018-09-18

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