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Data Center Infrastructure Management (DCIM) Market Scope Analysis By Industry Manufacturers - ABB, CA Technologies, Cisco, CommScope, Dell, Delta Electronics, Huawei Technologies, IBM, Infosys, NTT DATA Services, Panduit, Siemens, Tech Mahindra, Vertiv,
Data Center Infrastructure Management (DCIM) Market
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The National Resources Defense Council (NRDC) noted that by 2020, the data center power consumption is projected to increase to approximately 140 billion kilowatt-hours annually. The data center infrastructure management (DCIM) market technology is highly beneficial in tracking consumption, mitigating companies’ carbon footprints and identifying locations of higher usage and power leakages. Additionally, these software solutions and services also aid in managing the various facilities infrastructure and are designed to accommodate future changes in the infrastructure.
The major manufacturers covered in this report: -
• ABB Ltd.
• CA Technologies
• Cisco Systems, Inc.
• CommScope Inc.
• Cormant, Inc.
• Dell Inc.
• Delta Electronics, Inc.
• Hewlett-Packard
• Huawei Technologies Co
• IBM Corporation
• Infosys Limited
• Modius, Inc.
• Nlyte
• NTT DATA
• Panduit Corporation
• Raritan Inc.
• Rittal GmbH & Co. KG
• Schneider Electric
• Siemens AG
• STULZ GmbH
• Sunbird Group
• Tech Mahindra
• Vertiv Co
• Vision Solutions
• Unisys Corporation
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 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.
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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 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.
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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.
The vendors in the DCIM market include companies such as ABB Ltd., CA Technologies, Cisco Systems, Inc., CommScope, Inc., Rittal GmbH & Co., KG, Schneider Electric, Siemens AG, STULZ GmbH, and Vertiv Co. Companies are required to invest in activities, such as mergers and acquisitions, partnerships, and service and solution expansions, to strengthen the growth in the DCIM market.
Browse Related Report: - Edge Data Center Market Size By Component (Solution [Cooling, Power, UPS, IT Racks & Enclosures, Networking Equipment, DCIM] Service [Installation & Integration, Managed, Consulting]), By Application (BFSI, Colocation, Energy, Government, Healthcare, Manufacturing, IT & Telecom), Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2018 – 2024
https://www.marketwatch.com/press-release/global-edge-data-center-market-to-garner-extensive-proceeds-by-2024-it-and-telecom-applications-to-drive-the-profitability-landscape-2019-01-09
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