Data Center Infrastructure Management (DCIM) Market 2024 | SWOT Analysis and Market Strategies By Key Players ABB, CA Technologies, Cisco, CommScope, Dell, Delta Electronics, Hewlett Packard Enterprise, Huawei Technologies, IBM, Infosys, NTT DATA Services

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.

Get Sample Copy of This Report @ https://www.gminsights.com/request-sample/detail/2496

The adoption of DCIM market is fueled by the ability of these solutions to provide high cost savings to an organization. Organizations invest heavily in technologies that provide them with substantial cost savings in the following years and subsequently provide a competitive advantage. Additionally, these also aid in effective resource handling, capacity planning, and demand management. The integration of these technologies can aid in reducing the overhead management costs, reducing energy wastage, and providing a very high ROI over its lifespan. They are also instrumental in reducing the time to identify faults, further aiding in the higher growth of the market.

Key industry players involved and promoting the growth of the global Data Center Infrastructure Management (DCIM) Market are as follows:

• ABB
• CA Technologies
• Cisco
• CommScope
• Dell
• Delta Electronics
• Hewlett Packard Enterprise
• Huawei Technologies
• IBM
• Infosys
• NTT DATA Services
• Panduit
• Raritan
• Rittal GmbH & Co. KG
• Schneider Electric
• Siemens
• STULZ GmbH
• Tech Mahindra
• Vertiv
• Vision Solutions, Inc.
• Unisys

Make an Inquiry for purchasing this Report @ https://www.gminsights.com/inquiry-before-buying/2496

The segmentation of the DCIM market by component indicates that the services segment is anticipated to witness a significant growth of over 16 percent. The increase in outsourcing activities, primarily in companies operating in the North American region, is contributing heavily to the growth of the managed segment of the market. Companies can obtain high cost savings by outsourcing management solutions to third-party entities that have an in-depth knowledge as opposed to appointing a focused in-house team. The consulting segment of the data center infrastructure management (DCIM) market market is also anticipated to witness a significant growth as companies are increasingly focusing on installing data centers but lack adequate information pertaining to their space and energy requirements which can be released through the aid of a service provider.

The end-use segmentation of the DCIM market indicates that the healthcare sector is anticipated to witness a substantial growth as opposed to the other sectors. Medical professionals are increasingly adopting cloud solutions that will allow them a fast access to a vast storage of information at any interval of time. For instance, in cases where a patient has changed doctors or locations or in cases where a second opinion is required for diagnosis and treatment, a patient’s records can be exchanged and accessed by the authorized personnel even if they are separated over a large geographical area.

The rising instances of cyber-attacks and breach of security in data centers are contributing heavily to the proliferation of these technologies in the North America data center infrastructure management (DCIM) market market. The average cost of data center attacks in the U.S. was estimated to be over USD 4 million. The adoption of DCIM can reduce the instances of such attacks through the installation of security management solutions. The increasing government investments in the improvement of the broadband infrastructure in regions including China and India are creating a platform to streamline the DCIM market growth in the coming years by allowing a rising number of companies situated in underserved and rural locations to have access to these solutions. For instance, in 2014, the Chinese government proposed to invest USD 182 billion to improve the internet speed in the country by 2017 to move the country toward a service-driven digital economy.

Browse Report Summery @ https://www.gminsights.com/industry-analysis/data-center-infrastructure-management-market

The players operating in the DCIM market include ABB, CA Technologies, Cisco, CommScope, Cormant, Inc., Dell, Delta Electronics, Hewlett Packard Enterprise, Huawei Technologies, IBM, Infosys, Modius Inc, Nlyte Software, NTT DATA Services, Panduit, Raritan, Rittal GmbH & Co. KG,Schneider Electric, Siemens, STULZ GmbH, Sunbird Group, Tech Mahindra, Vertiv, Vision Solutions, Inc. and Unisys. Companies operating in the DCIM market are required to adopt strategies such as partnerships, acquisitions, and new service and software solutions to sustain growth in the global marketplace.

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology

Contact Us

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com

This release was published on openPR.