PUBLISHER: DataM Intelligence | PRODUCT CODE: 1285058
PUBLISHER: DataM Intelligence | PRODUCT CODE: 1285058
The Global Data Center Infrastructure Management Market size reached US$ 2,001.6 million in 2022 and is projected to witness lucrative growth by reaching up to US$ 4,154.1 million by 2030. The market is growing at a CAGR of 13.8% during the forecast period 2023-2030.
DCIM solutions provide real-time monitoring and analysis of data center infrastructure, allowing organizations to identify potential issues before they occur and take preventive action to avoid downtime or other disruptions. DCIM software can also help organizations to optimize their energy usage, reduce costs and improve environmental sustainability. In Europe, Germany is the leading player, which accounts for 25% of the Europe regional market share and is expected to grow with the highest CAGR in the region.
DCIM solutions can also help organizations to improve data center reliability and uptime. By providing real-time monitoring and analysis of critical infrastructure components, such as power and cooling systems, DCIM software can help organizations to identify potential issues before they occur and take preventive action to avoid downtime.
In addition, the need for efficient data center management is becoming increasingly important due to the growing demand for cloud services and the rise in energy costs. DCIM solutions can help organizations to manage the energy usage of their data centers, identify areas of waste and optimize energy consumption, resulting in lower energy costs and improved environmental sustainability.
Therefore, the need for efficient data center management is driving the adoption of DCIM solutions, which are becoming an essential tool for organizations looking to optimize their data center operations and reduce costs.
Due to the complexity of implementation, DCIM solutions can take a long time to implement, sometimes up to several months. This can delay the benefits of implementing a DCIM solution, making it less attractive to some organizations. Implementing a DCIM solution requires significant expertise in data center infrastructure, IT systems and management processes.
Some organizations may not have the necessary expertise in-house or may not be able to afford to hire experts, which can make it difficult to implement a DCIM solution effectively. DCIM solutions often need to be integrated with other management systems and hardware components, which can be complex and time-consuming. If integration is not done properly, it can limit the effectiveness and usability of the DCIM solution.
The COVID-19 Analysis includes Pre-COVID Scenario, COVID Scenario and Post-COVID Scenario along with Pricing Dynamics (Including pricing change during and post-pandemic comparing it with pre-COVID scenarios), Demand-Supply Spectrum (Shift in demand and supply owing to trading restrictions, lockdown and subsequent issues), Government Initiatives (Initiatives to revive market, sector or Industry by Government Bodies) and Manufacturers Strategic Initiatives (What manufacturers did to mitigate the COVID issues will be covered here).
The global data center infrastructure management market is segmented based on component, application, deployment model, data center, industry vertical and region.
Many organizations already have well-established IT infrastructures in place, which can make it easier and more cost-effective to implement an on-premises DCIM solution. On-premises deployment also allows organizations to leverage their existing IT expertise and resources. In some cases, organizations may have limited or unreliable internet connectivity, which can make cloud-based solutions less feasible.
On-premises deployment does not require internet connectivity, which can make it a more reliable and stable option. While on-premises deployment may require a significant upfront investment in hardware, software and personnel, over the long term it can be more cost-effective than cloud-based solutions. This is particularly true for organizations with large data centers, where the cost of cloud-based solutions can be prohibitive. The cloud-based development model is expected to capture more than 33% of the total segmental share during the forecast period.
Due to the Early Adoption of DCIM Solutions and the High Concentration of Data Centers in the Region, North America Dominates the Global Data Center Infrastructure Management Market
North America has a high concentration of data centers, particularly in the United States. This has created a strong demand for DCIM solutions, as organizations seek to improve the efficiency and performance of their data centers. The large number of data centers in the region also provides a fertile ground for innovation and the development of new DCIM solutions.
North America has a strong IT infrastructure, with many organizations already equipped with the necessary hardware and software to implement DCIM solutions. This makes it easier and more cost-effective for North American organizations to adopt and optimize DCIM solutions.
Therefore, the early adoption of DCIM solutions, high concentration of data centers, technological advancements, strong IT infrastructure and regulatory compliance requirements have all contributed to North America's dominance in the global DCIM market. However, other regions such as Europe and Asia Pacific are also seeing strong growth in the DCIM market, driven by similar factors.
The major global players include: Schneider Electric, Vertiv, Nlyte Software, Panduit, CommScope, Sunbird Software, CA Technologies, ABB, RF Code and FNT Software.
The Global Data Center Infrastructure Management Market Report Would Provide Approximately 77 Tables, 83 Figures and 245 Pages.
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