Press release
Data Center Infrastructure Management Market Share Poised for 27.3 % Growth, Set to Hit $143.45 Billion by 2029
Data Center Infrastructure Management Market Share
The anticipated increase in IP traffic within data centers is set to drive the expansion of the data center infrastructure management market during the forecast period. The global pandemic and the shift to remote working have led to an unprecedented climb in internet usage and IP traffic within data centers worldwide. Vxchange, a U.S firm providing data centers and colocation services, projects that data center IP traffic will hit 20.6 zettabytes (ZB) by the close of 2021. In a separate report released by Cisco Systems in December 2022, the year 2023 is expected to see annual IP traffic in data centers reaching 19,509 exabytes (EB). As such, the data center infrastructure management market is set to experience growth, buoyed by the rise in data center traffic.
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What is the projected compound annual growth rate (CAGR) of the data center infrastructure management market from 2025 to 2034, and what factors influence it?
There has been significant expansion in the size of the data center infrastructure management market in recent years. Forecasts indicate a leap from $3.94 billion in 2024 to a projected $4.82 billion in 2025, translating to a compound annual growth rate (CAGR) of 22.6%. The key drivers of growth during the historical period include the increasing need for data centers, capacity planning and optimization, efficient cost management and operations, asset lifecycle management, and adherence to regulatory compliance.
The market size of data center infrastructure management is projected to witness remarkable expansion over the coming years. It's estimated to reach a value of $12.67 billion by 2029, with a CAGR of 27.3%. This impressive growth in the projected period can be credited to a focus on sustainability and green computing, initiatives focused on data center modernization, the evolving composable infrastructure, regulatory focus on data privacy, and preventative maintenance strategies. Upcoming trends during this period are likely to be the adoption of cloud-based DCIM solutions, edge data center management, real-time monitoring and reporting, remote management, automation, and the use of visualization and reporting tools for decision-making.
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How are the latest trends influencing the growth of the data center infrastructure management market?
Leading enterprises in the data center infrastructure management sector are innovating data center management platforms in order to expand customer reach, augment sales and augment revenue. These platforms are all-encompassing software solutions configured to supervise, regulate and enhance the operations and resources of a data center. For example, in September 2023, Eaton Corporation, a power management firm from Ireland, inaugurated a software suite for data center infrastructure management (DCIM) named Brightlayer Data Centers. The range of solutions offered by this suite enables data center operators and distributed IT teams to oversee, administer and enhance their data center infrastructure. The suite incorporates features like asset management, advanced electrical analytics, power quality indicators, and IT and operational technology (OT) device monitoring. The platform gives customers three alternatives - environmental monitoring software, power management software, and data center performance management software, which can be used independently or combined as per their requirements.
What are the major segments of the data center infrastructure management market and their role in driving growth?
The data center infrastructure management market covered in this report is segmented -
1) By Component: Solution, Services
2) By Deployment Model: On-Premises, Cloud
3) By Organization Size: Small And Medium-sized Enterprises (SMEs), Large Enterprises
4) By End-User: BFSI, Energy, Government, Healthcare, Manufacturing, IT And Telecom, Other End Users
Subsegments:
1) By Solution: Capacity Management Solutions, Asset Management Solutions, Monitoring Solutions, Data Analytics Solutions
2) By Services: Consulting Services, Implementation Services, Support And Maintenance Services, Training Services
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Which regions are key players in the growth of the data center infrastructure management market?
North America was the largest region in the data center infrastructure management market in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the data center infrastructure management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Who are the key firms paving the way for growth in the data center infrastructure management market?
Major companies operating in the data center infrastructure management market include ABB Ltd., Cisco Systems Inc., Commscope Inc., Dell Inc., Hewlett Packard Enterprise, IBM Corporation, Modius Inc., Panduit Corporation, Raritan Inc., Schneider Electric SE, Siemens AG, Vertiv Group Co., Nlyte, Delta Electronics Inc., Rittal GmbH & Co. Kg, Stulz GmbH, Microsoft Corporation, ITRACS Corp., VMware Inc., Lenovo Group Ltd., Oracle Corporation, NetApp Inc., Huawei Technologies Co. Ltd., Device42 Inc., Sunbird Software Inc., Fieldview Solutions, NTT Data Corporation, Optimum Path Inc., FNT Software, Eaton Corporation, Cormant Inc.
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What Is Covered In The Data Center Infrastructure Management Global Market Report?
•Market Size Forecast: Examine the data center infrastructure management market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the data center infrastructure management market for a structured understanding.
•Key Players Overview: Analyze major players in the data center infrastructure management market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the data center infrastructure management market.
•Segment Contributions: Evaluate how different segments drive overall growth in the data center infrastructure management market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the data center infrastructure management market.
•Industry Challenges: Identify potential risks and obstacles affecting the data center infrastructure management market.
•Competitive Landscape: Review strategic developments in the data center infrastructure management market, including expansions, agreements, and new product launches.
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