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What’s Driving the Data Center Infrastructure Management (DCIM) Market? | ABB, CA Technologies, Cisco, Dell, Delta Electronics, IBM, Infosys, Panduit, Schneider Electric, Siemens, Tech Mahindra, Vertiv

06-27-2019 12:45 PM CET | IT, New Media & Software

Press release from: Global Market Insights, Inc.

/ PR Agency: Data Center Infrastructure Management (DCIM) Market
Data Center Infrastructure Management (DCIM) Market

Data Center Infrastructure Management (DCIM) Market

Data Center Infrastructure Management (DCIM) Market is projected to reach a revenue of over USD 3 billion in 2024. The increase in data center construction activities is anticipated to heavily impact the industry during the forecast timeframe. There is a substantial increase in the organizational data and virtualization of information as companies are becoming more customer-centric. Organizations, primarily in the BFSI, IT, and the telecom sectors, store large amounts of customer data pertaining to financial and personal information. For instance, in July 2017, Axtel announced that it had finished the construction of USD 25 million data center in Mexico. The presence of such activities mandates the need for management applications for parameters, such as power usage, network monitoring, and security, contributing toward a high demand for Data Center Infrastructure Management (DCIM) Market.

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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

Some Points From Table Of Content: -
Chapter 3. DCIM Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 – 2024
3.2.1. Data center industry landscape
3.2.2. Data center infrastructure industry landscape
3.2.2.1. Data center power
3.2.2.1.1. Data center UPS
3.2.2.2. Data center cooling
3.2.2.3. Data center networking
3.2.2.4. IT racks & enclosures
3.3. Industry ecosystem analysis
3.3.1. Software developers
3.3.2. Technology providers
3.3.3. Network providers
3.3.4. System integrators
3.3.5. Service providers
3.3.6. Distribution channel
3.3.7. Vendor matrix
3.4. Technology & innovation landscape
3.4.1. Computational fluid dynamics
3.4.2. Edge and hyperscale data centers
3.4.3. Integration through APIs
3.5. Network readiness and internet penetration
3.6. Regulatory landscape
3.7. Industry impact forces
3.7.1. Growth drivers
3.7.1.1. Transition to cloud-based solutions in the U.S.
3.7.1.2. Increase in organizational data and analytics in Europe
3.7.1.3. Growth of mega data centers and trend of collocation in China, India, and Mexico
3.7.1.4. Growth of green data centers in Europe and North America
3.7.1.5. Development of broadband and internet infrastructure in India and Philippines
3.7.1.6. Increase in organizational and consumer data in Europe and Asia Pacific
3.7.1.7. Rising trend of virtualization impacting data centers in North and South America
3.7.1.8. Rising occurrences of cyber-attacks and security breaches in U.S. and Canada

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.

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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.

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.

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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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

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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