Market Research Report
Data Center Infrastructure Management Market Size By Component, By End-Use, Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2020 - 2026
|Published by||Global Market Insights Inc.||Product code||977425|
|Published||Content info||355 Pages
Delivery time: 2-3 business days
|Data Center Infrastructure Management Market Size By Component, By End-Use, Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2020 - 2026|
|Published: December 17, 2020||Content info: 355 Pages||
Data Center Infrastructure Management (DCIM) Market Size By Component (Solution [Asset Management, Network Management, Cooling Management, Power Management, Security Management], Service [Installation & Integration, Managed, Consulting]), By End-Use (Colocation, BFSI, Energy, Government, Healthcare, Manufacturing, IT & Telecom), Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2020 - 2026 .
The DCIM market is slated to witness considerable growth over the coming years due to adoption of advanced technologies such as AI & machine learning, robust demand for asset management tools, rising penetration of digital payment methods, and high demand for managed services. DCIM or data center infrastructure management denotes to the processes, tools, methodologies, and guidelines used for the governance, provisioning, as well as the overall management of data center infrastructures and assets.
The key goal of a DCIM initiative is to provide administrators with a complete view of the performance of data center in such a way that the floor space, equipment, and energy are utilized efficiently. In general terms DCIM tools, manages, measures, date center use and consumption of energy of facility infrastructure components like CRACS (computer room air conditioners) and PDUs (power distribution units) all IT-based equipment like network switches, storage, and servers. These tools can further aid administrators to easily locate as well as identify relationships between its building and IT system.
The DCIM market is bifurcated into various segments in terms of component, end-use, and regional landscape.
With respect to component, the DCIM market is classified into solution and service. The solution segment is further categorized into security management, power management, cooling management, network management, and asset management. Among these, there is robust demand for asset management tools segment that help in managing & tracking the performance of IT infrastructure.
Meanwhile, cooling management solutions segment will witness high demand as they help in controlling the overheating of IT infrastructure.
Service segment is bifurcated into consulting, managed, and installation & integration. Among these, there is a high demand for managed services including infrastructure monitoring & system administration, cloud deployment & management, configuration & automation, risk assessment, and cabinet mapping. Such high demand is likely to propel the market growth in the years to come.
In terms of end-use, the overall DCIM market is segmented into IT & telecom, manufacturing, healthcare, government, energy, BFSI, and colocation. Among these, the BFSI segment will witness rapid growth over the coming time period. Rising penetration of digital payment methods will boost the demand for robust data centers for data storage and management.
Meanwhile, the adoption of IoT technology in the manufacturing sector will upsurge the amounts of digital data collected, fueling the demand for efficient data storage techniques across the manufacturing end-use segment.
From a regional frame of reference, strong automotive manufacturing industry in Europe adopting advanced technologies such as AI & machine learning will boost the DCIM market growth.