November 10, 2021
According to research report titled, ‘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’, available with MarketStudyReport, global data center infrastructure management (DCIM) market is anticipated to amass notable gains over 2020-2026.
Increasing adoption of advancement technologies like AI and machine learning, strong demand for asset management tools, and surging penetration of digital payment procedures are propelling the growth of global data center infrastructure management (DCIM) market.
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For the unversed, data center infrastructure management (DCIM) refers to the methods, tools, processes, or guidelines adopted for provisioning, governance, and overall management of data center infrastructure and assets. DCIM tools also manage and measure energy consumption in facility infrastructure components like CRACs, PDUs, and IT- based equipment like storage, servers, and network switches.
In addition, escalating demand for managed services and delays in application rollouts are also augmenting the industry outlook.
On the contrary, high up-front initial costs and dearth of skilled professionals are likely to hamper the remuneration scope of the industry vertical.
Based on component type fragmentation of global data center infrastructure management (DCIM) market, the asset management solution subsegment is witnessing strong demand as these tools help in managing & tracking the performance of IT infrastructure.
Meanwhile, high demand in managed services segment including cloud deployment & management, infrastructure monitoring & system administration, configuration & automation, risk assessment, and cabinet mapping is likely to propel segmental growth in the upcoming years.
With respect to end use, BFSI segment is projected to garner significant returns over 2020-2026, owing to surging penetration of digital payment methods.
Regionally speaking, Europe market is projected to grow substantially over 2020-2026, creditable to increasing adoption of advanced technologies like AI and machine learning across the automotive manufacturing industry in the region.
Key players operating in global data center infrastructure management (DCIM) marketplace are STULZ GmbH, Unisys Corporation, Vision Business Products, Inc., Vertiv Group Corporation, Sunbird Software, Inc., Siemens AG, Reichle & De-Massari AG, Rittal GmbH & Co., KG, Raritan, Inc., Panduit Corporation, NTT DATA Corporation, Nlyte Software Ltd., Schneider Electric SE, Modius, Inc., Infosys Ltd., International Business Machines Corporation, Huawei Technologies Co., Ltd., The Hewlett Packard Enterprise Company, Delta Electronics, Inc., Dell, Inc., Cormant, Inc., CommScope, Inc., Cisco Systems, Inc., and ABB Ltd.