U.S. Data Center Infrastructure Management (DCIM) Market is Projected to Grow Exponentially Over 2018 – 2024 | ABB, CA Technologies, Cisco, Dell, Delta Electronics, IBM, Infosys, Panduit, Schneider Electric, Siemens, Tech Mahindra, Vertiv

The U.S. has for long been a strong revenue ground for data center infrastructure management (DCIM) market due to the advanced broadband infrastructure in the country combined with the large adoption of data centers across various sectors in the nation. With the country being a hub for technology development and encompassing a populace that earnestly embraces novel tech advancements, U.S. is expected to dominate data center infrastructure management (DCIM) market over 2018-2024. However, with increased focus on the promotion of Green IT, the U.S. government launched the Federal Data Center Consolidation Initiative (FDCCI) aimed at reducing hardware, software and operational costs. In addition, the move focused toward the shifting of IT investment to computing platforms that are more efficient. Despite a projected dominant growth graph, U.S DCIM industry may slow down a tad bit owing to the fact that the effort taken to reduce energy and real estate footprint has caused the closure of data centers.

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Key Players are: - ABB, CA Technologies, Cisco, CommScope, Dell, Delta Electronics, Hewlett Packard Enterprise, Huawei Technologies, IBM, Infosys, Nlyte Software, NTT DATA Services, Panduit, Schneider Electric, Siemens, Tech Mahindra, Vertiv, Vision Solutions, Inc., Unisys

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 data center infrastructure management (DCIM) market 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.

The IT & Telecom segment is the largest consumer of the data center infrastructure management (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 by data center infrastructure management (DCIM) market indicates that the solutions segment is anticipated to witness a higher growth as compared to the services segment. The rising movement toward cloud solutions and the increase in the construction of new data centers are anticipated to drive the demand for the network management solution segment. Data centers contain a large number of physical and virtual network-based devices, which are interconnected and require devoted applications to ensure that they are working efficiently. These technologies ensure that all resources are utilized and can mitigate human errors and reduce downtime, providing substantial savings to an organization and driving the growth of the data center infrastructure management (DCIM) market.

Above all, the sheer necessity to plan the present and future data center capacities with a clear picture of how much space, power and cooling is required have made DCIM an important part of the expanding electronics sector. As the demand for these products from various domains continues to surge and a level of cost-effectiveness is brought about in the production, data center infrastructure management (DCIM) market share will grow at a CAGR of 20% over 2018-2024.

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