DCIM Market in Healthcare Sector Will Showcase Significant Growth in the Coming Years | Key Players ABB, CA Technologies, Cisco, CommScope, Dell, Delta Electronics, Hewlett Packard Enterprise, Huawei Technologies, IBM, Infosys, NTT DATA Services

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.

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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.

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

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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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 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.

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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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