DCIM Market Size, Trends, Company Profiles, Growth Rate, Trends and its Emerging Opportunities

Data center strategy needs to be planned in such a manner that the systems never malfunction in any circumstance. As a result, data center managers are opting for data center infrastructure management (DCIM) solutions as they offer insights and visibility by monitoring different parameters, such as the performance of data center computers and servers, network operations, and security uptime, and resolving network issues as they arise. Owing to these advantages, DCIM solutions are being increasingly adopted by organizations for improving their decision-making process and by data centers for enhancing their uptime with better energy services.

Get the Free Sample Pages: https://www.psmarketresearch.com/market-analysis/data-center-infrastructure-management-dcim-market/report-sample

The surging use of such solutions can be credited to the increasing deployment of 5G network, which enables smooth movement of data between locations. This novel communication technology will offer support for extensive machine-to-machine communications, with around 100,000 connections per square kilometer. 5G also plays a significant role in establishing smart cities, which generate a huge volume of data that needs to be managed efficiently. Thus, the rising penetration of the 5G network, will steer the data center infrastructure management market growth during 2021–2030. According to P&S Intelligence, the market reached $1,425.6 million revenue in 2020.

At present, DCIM solutions offered by Panduit Corporation, Infosys Ltd., ABB Ltd., IBM Corporation, Huawei Technologies Co. Ltd., Modius Inc., CommScope Inc., Nlyte Software, Delta Electronics Inc., NTT DATA Corporation, Hewlett-Packard Enterprise, Raritan Inc., and Cisco Systems Inc. are mostly used for asset management application. In recent years, information technology (IT) asset management has become very difficult due to the surging complexities of the systems. Many small organizations use paper and pen and spreadsheet-based solutions to track their IT assets, which cannot deal with the accelerating pace of IT infrastructure development.

Make Enquiry Before Purchase: https://www.psmarketresearch.com/send-enquiry?enquiry-url=data-center-infrastructure-management-dcim-market

Currently, DCIM solution proving companies are mostly focusing on product development and launches to cater to the evolving needs of customers. For instance, in March 2020, ABB Ltd. introduced MegaFlex, a compact and resilient uninterruptible power supply (UPS) system, for continuous data center operations. This system was introduced to meet the burgeoning demand for infrastructure as a service (IaaS) and software as a service (SaaS) applications in business organizations, owing to which, data centers have become extensively crucial.

About Us:
P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

Contact Us:
P&S Intelligence
International: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com

This release was published on openPR.