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Data Center Infrastructure Management Market Size Worth USD 6.01 Billion in 2032| Emergen Research

05-16-2023 02:04 PM CET | IT, New Media & Software

Press release from: Emergen Research

Data Center Infrastructure Management Market

Data Center Infrastructure Management Market

The Data Center Infrastructure Management (DCIM) market has experienced significant growth in recent years, driven by the increasing demand for efficient data center operations and management. DCIM solutions enable organizations to effectively monitor, manage, and optimize their data center infrastructure, including power, cooling, and space utilization. These solutions provide real-time insights, helping data center operators make informed decisions and improve overall operational efficiency. The global Data Center Infrastructure Management (DCIM) market size reached USD 2.08 Billion in 2022 and is expected to register a revenue CAGR of 11.2%.

One of the key drivers fueling the growth of the DCIM market is the exponential growth of data centers worldwide. With the rise of cloud computing, big data analytics, and the Internet of Things (IoT), the demand for data center capacity has skyrocketed. Organizations are expanding their data center infrastructure to accommodate the growing volume of data, driving the need for advanced management solutions like DCIM.

Furthermore, the increasing focus on energy efficiency and sustainability has emerged as another significant driver for the DCIM market. Data centers consume massive amounts of energy, and optimizing power and cooling systems is crucial to reduce operational costs and minimize the environmental impact. DCIM solutions provide real-time monitoring of energy consumption, allowing data center operators to identify inefficiencies and implement energy-saving measures, thereby reducing their carbon footprint.

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Despite the positive growth prospects, the DCIM market also faces some restraints. One of the primary challenges is the complexity and cost associated with implementing DCIM solutions. Integrating DCIM into existing data center infrastructure can be a complex task, requiring substantial upfront investments in hardware, software, and skilled personnel. Additionally, the lack of awareness and understanding about the benefits of DCIM among smaller organizations and data center operators can hinder market growth.

However, several factors are expected to drive the continued growth of the DCIM market. The increasing adoption of virtualization and cloud computing technologies is expected to boost the demand for DCIM solutions. As organizations migrate their IT infrastructure to virtualized environments and cloud platforms, the need for centralized management and monitoring becomes critical, further driving the adoption of DCIM solutions.

Moreover, the rising trend of edge computing is likely to contribute to market growth. Edge computing brings computational power closer to the data source, reducing latency and improving performance for applications requiring real-time processing. As more organizations deploy edge computing infrastructure, the demand for DCIM solutions to monitor and manage these distributed environments is expected to increase.

Major Companies and Competitive Landscape:

The Data Center Infrastructure Management (DCIM) market is highly competitive, with several major players vying for market share. These companies offer a range of solutions and services to cater to the diverse needs of data center operators. Let's take a closer look at some of the key players in the competitive landscape of the DCIM market:

1. Schneider Electric SE: Schneider Electric is a global leader in energy management and automation solutions. The company offers a comprehensive suite of DCIM solutions, including monitoring and optimization of power, cooling, and space utilization. Schneider Electric's EcoStruxure platform provides end-to-end visibility and control over data center infrastructure, helping organizations improve operational efficiency and reduce costs.

2. Vertiv Holdings Co.: Vertiv is a leading provider of critical infrastructure technologies and services for data centers, communication networks, and commercial and industrial applications. The company's DCIM solutions enable real-time monitoring, analysis, and control of data center infrastructure, optimizing performance and ensuring high availability. Vertiv's portfolio includes integrated hardware and software solutions for efficient data center management.

3. Nlyte Software: Nlyte Software specializes in DCIM and IT Infrastructure Management solutions. Their offerings include asset management, capacity planning, and environmental monitoring, empowering organizations to streamline operations, increase energy efficiency, and reduce downtime. Nlyte Software's solutions are designed to address the complex challenges of managing modern data centers.

4. IBM Corporation: IBM is a global technology company that offers a range of services and solutions, including DCIM. IBM's DCIM solutions provide real-time monitoring, analytics, and automation capabilities, allowing data center operators to optimize resource utilization, improve uptime, and enhance overall operational efficiency. IBM leverages its expertise in artificial intelligence (AI) and machine learning (ML) to deliver advanced DCIM capabilities.

5. Sunbird Software: Sunbird Software is a provider of DCIM solutions focused on helping organizations effectively manage their data center assets, power, cooling, and capacity. Their DCIM software provides comprehensive monitoring, analytics, and reporting functionalities to optimize data center operations. Sunbird Software's solutions are known for their ease of use and scalability, catering to organizations of all sizes.

6. Panduit Corporation: Panduit is a global provider of physical infrastructure solutions for data centers, enterprise networks, and industrial automation. The company offers a range of DCIM solutions that enable efficient management and optimization of data center assets, power, and cooling. Panduit's integrated approach combines hardware, software, and services to deliver comprehensive DCIM capabilities.

7. CommScope Inc.: CommScope provides infrastructure solutions for communication networks, including data centers. Their DCIM offerings focus on enhancing visibility and control over data center infrastructure, enabling organizations to optimize performance, improve energy efficiency, and simplify capacity planning. CommScope's solutions are designed to support the evolving requirements of modern data centers.

In addition to these key players, there are several other companies in the market, including Graphical Networks LLC, BGIS, ABB, Eaton, Huawei Technologies Co., Ltd., Schneider Electric, FNT Software, Device42, Inc., GreenField Software Private Limited, and SolarWinds Worldwide, LLC.

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Segmentation Insights Data Center Infrastructure Management Market Report:
According to Emergen Research, the global data center infrastructure management (DCIM) market has been segmented based on deployment, component, application, type, industry, and region. In terms of deployment, the market can be categorized into cloud and on-premises solutions. The cloud segment is expected to witness substantial growth during the forecast period, driven by the increasing adoption of cloud-based data centers for their scalability, flexibility, and cost-effectiveness. On-premises deployment, on the other hand, offers enhanced security and control over data and is preferred by organizations with specific regulatory or compliance requirements.

Based on components, the DCIM market comprises solutions and services. The solutions segment includes software and hardware offerings that enable data center operators to effectively manage their infrastructure. These solutions encompass capacity planning, asset management, environmental monitoring, power monitoring, business intelligence (BI), and analytics, among others. The services segment encompasses professional services, such as consulting, installation, and maintenance, which support the implementation and ongoing management of DCIM solutions.

The applications of DCIM span various areas, including capacity planning, asset management, environmental monitoring, power monitoring, BI, and analytics, among others. Capacity planning helps data center operators optimize resource allocation and plan for future growth. Asset management enables efficient tracking and management of data center assets, including hardware, software, and equipment. Environmental monitoring focuses on monitoring and controlling factors such as temperature, humidity, and air quality to ensure optimal operating conditions. Power monitoring involves real-time monitoring and management of power usage and distribution within the data center. BI and analytics provide insights and actionable intelligence derived from data center operations to drive informed decision-making.

In terms of type, the DCIM market encompasses managed data centers, colocation data centers, enterprise data centers, and cloud and edge data centers. Managed data centers are operated and managed by third-party service providers. Colocation data centers provide facilities for multiple organizations to host their IT infrastructure. Enterprise data centers are owned and operated by individual organizations. Cloud and edge data centers are designed to support cloud computing and edge computing environments, respectively.

The DCIM market finds applications across various industries, including banking, finance services, and insurance (BFSI), information technology (IT), government and public sector, healthcare, retail, and others. The BFSI sector is expected to witness significant growth due to the increasing volume of financial transactions and the need for secure and efficient data management. The IT industry is a major consumer of DCIM solutions, driven by the growing demand for data centers to support digital transformation initiatives. The government and public sector also require robust data center management solutions to support critical operations and services. Healthcare and retail sectors are adopting DCIM to manage their data-intensive applications and ensure seamless operations.

Browse Full Report Description + Research Methodology + Table of Content + Infographics @ https://www.emergenresearch.com/industry-report/data-center-infrastructure-management-market

Eric Lee
Corporate Sales Specialist
14671 110 Avenue, Surrey, British Columbia, V3R2A9
Emergen Research | Web: www.emergenresearch.com
Direct Line: +1 (604) 757-9756
E-mail: sales@emergenresearch.com

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions.

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