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DCIM Market Drivers, Restraints, Opportunities, and Trends in Coming Years

12-14-2021 07:25 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: P&S Intelligence

DCIM Market Drivers, Restraints, Opportunities, and Trends

The burgeoning requirement for end-to-end visibility for predicting capacity management requirements is driving the demand for data center infrastructure management. The strategy for a data center must be formulated in a way which will ensure that the systems never malfunction under any circumstance. Moreover, data center managers must make sure that the data center strategy can cope with the escalating needs of organizations, while also catering to the surging customer requirements.

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This is pushing up the requirement for data center infrastructure management, as it provides insights and visibility by monitoring several parameters such as the performance of data center computers and servers, network operations, and security uptime and resolving various network problems when they arise. Thus, the demand for data center infrastructure management solutions is soaring, as these solutions assist in improving the decision-making process of enterprises and improving the uptime of data centers and also their energy efficiency.

Besides the aforementioned factors, the surging number of hyperscale data centers and soaring requirement for sustainability and low carbon footprint are also driving the demand for data center infrastructure management solutions, which is, in turn, propelling the expansion of the data center infrastructure management market. Due to this reason, the market revenue surged to $1,425.6 million in 2020, while the market will progress rapidly in the coming years, according to the estimates of the market research company, P&S Intelligence.

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A business can expect an error rate of nearly 15% while using such conventional processes. Across the globe, the demand for data center infrastructure management solutions will rise at the fastest pace in the Asia-Pacific (APAC) region in the coming years. This will be because of the rise in the data center business and the implementation of government regulations and policies aimed at facilitating the development of data centers in the region. For example, the Indian Government released the Data Center policy in 2020 which is aimed at making the country a global data center hub by encouraging investments in the industry.

Thus, it can be said with full confidence that the demand for data center infrastructure management solutions will shoot up in the forthcoming years, primarily because of the increasing requirement for end-to-end visibility for predicting capacity management requirements, burgeoning need for sustainability and low carbon footprint, surging demand for higher uptime of data centers and more efficient data center operations, and soaring number of hyperscale data centers all over the world.

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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.

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