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Data Center Infrastructure Management (DCIM) Market to Develop Rapidly by 2026
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However, implementation of data center infrastructure management helps in energy saving, reduction in capital expenditure and risk management which ultimately helps in overcoming the challenges such as data availability, lack of capacity and high operational cost. Increasing venture capital funding and new data centres expected to create great opportunity for the global data center infrastructure management market.
Global data center infrastructure management market is segmented on the basis of type, application and region. On the basis of type, the global data center infrastructure management market can be segmented into DCIM solution and DCIM services. DCIM services segment can be further sub-segmented into installation and integration services, managed services and consulting services. North America region is expected to be largest adopter of DCIM solution and services followed by Western Europe region. At present, DCIM solution segment is expected to dominate the global data center infrastructure management market in terms of market size. DCIM solution can provide variety of features such as cooling system monitoring & control, power monitoring and control, IT asset management, data center simulation and many more.
On the basis of application, the global data center infrastructure management market can be segmented into telecommunication, banking & finance, retail, healthcare and others. Present global data center infrastructure management market is dominated by banking and finance application segment. However, Telecommunication application segment is expected to be largest and fastest growing segment of global data center infrastructure management market by 2026.
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On the basis of region, the global data center infrastructure management market can be segmented into seven regions which includes, North America, Latin America, Western Europe, Asia-Pacific (excluding Japan), Eastern Europe, Japan and Middle East & Africa region. Further the market is sub-segmented as per the major countries of each region in order to provide better regional analysis of the data center infrastructure management market. Throughout the forecast period North America region is expected to hold the largest share of DCIM solution and DCIM services segment. However, in next five years Asia-Pacific region is expected to be the largest data center infrastructure management market globally.
Key players in global data center infrastructure management market are CA Technologies, Emerson Electric Co., iTRACS, LLC., Aplena Inc., Geist, Atos SE, Raritan Inc., Nlyte Software, IBM Corporation, Panduit Corp., RACKWISE Inc., Rittal GmbH & Co. KG and Sentilla Corporation.
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