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Data Center Infrastructure Management (DCIM) Market With Top Industry Manufacturers - 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

Data Center Infrastructure Management (DCIM) Market

The high penetration of the Data Center Infrastructure Management (DCIM) Market is strongly aided by the increase in environmental and data security regulations put forth by governments of various economies to lower the power consumption through conventional sources and reduce the overall detrimental effect on the environment. Data centers consume large amounts of electricity and are required to be constantly cooled to work effectively without developing any faults.

The major manufacturers covered in this report: - 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., Unisys

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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 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.

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.

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Global Market Insights, Inc.
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