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Data Center Infrastructure Management Market

To provide detailed information about the key factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the growth of the market

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38 views2 pages

Data Center Infrastructure Management Market

To provide detailed information about the key factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the growth of the market

Uploaded by

sanket gire
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Data Center Infrastructure Management Market worth $3.

2 billion by 2026

According to a research report "Data Center Infrastructure Management Market with COVID-19 Impact
Analysis, By Component, Application (Asset Management, Power Monitoring, and Capacity
Management), Deployment Model, Data Center Type, Vertical and Region - Global Forecast to
2026" published by MarketsandMarkets, the global Data Center Infrastructure Management (DCIM)
market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 11.2% during the
forecast period, to reach USD 3.2 billion by 2026 from USD 1.8 billion in 2021. The DCIM software
enables a broader data center ecosystem, ranging from enterprise to edge and cloud data centers. As
most workloads still exist in enterprise data centers, the need for optimizing data center operations
becomes critical to organizations using enterprise data centers. Similarly, colocation, managed, and
cloud data centers require a robust and holistic data center optimization technology for the overall data
center efficiency. The DCIM software fulfills these requirements and provides its users end-to-end
visibility across a data center infrastructure, including data center assets, power, cooling, and day-to-day
operations in real-time. By providing end-to-end visibility, DCIM ensures better asset and resource
availability, energy and workflow efficiency, asset management, and capacity planning.
The market is expected to be driven by the functionalities of asset management, which allows to
effectively manage all the assets of data center facilities and prevents from any downtime
Asset management enables data center teams to record all the information associated with all the
components of data centers and provides updates on them. It mainly tracks components of data
centers, such as servers, racks, PDUs, networking equipment, devices, device modules and blades, floor-
mounted facilities, and all software and virtual assets. (operating systems, VM software, utilities, and
applications). Asset management tracks all these entities by recording information related to device ID,
IP address, business unit/department, location, manufacturer, user-defined properties, association
warranty, service contacts, and service cycles, and lifecycle of hardware and software.
Increased security capabilities and customized costing in cloud-based solutions is driving the adoption
of cloud-based deployment
With a cloud-based DCIM solution, users can get more functionality and the ability to manage
distributed IT environments. Cloud-based DCIM is also able to connect to a data lake that stores
information from data centers and edge sites. With the use of AI and ML, data can be turned into
actionable insights to improve operations. The cloud-based DCIM software can be deployed easily, and
users will be able to get real-time insights into data centers and can facilitate remote monitoring with
exceptional ease. Cloud-based DCIM provides easy and quick upgradations, which offers better security
against cyberattacks.
North America to dominate the global cloud system management market in 2021
North America is home to a large number of data centers spread across the region. The DCIM market is
expected to see a growing demand in North America, due to its increased emphasis on energy-efficient
data centers. The major countries in the DCIM market in North America are the US and Canada. Major
vendors offering DCIM in North America are Vertiv, Nlyte Software, Panduit, and Sunbird Software. The
high adoption rate of the data center network management solution is expected to fuel market growth
due to the considerable presence of the existing data centers and vendors in the region. The
introduction of the cloud computing platform has increased the number of data centers, and the
growing investments to create new hyper-scale data centers are accelerating the demand during the
forecast period.
The report also studies various growth strategies, such as mergers and acquisitions, partnerships and
collaborations, and developments, adopted by the major players to expand their presence in the global
DCIM market. The DCIM market includes major vendors, such as ABB (Switzerland), CommScope (US),
Cormant (US), Delta Electronics (Taiwan), Device42 (US), Eaton (Ireland), FNT Softeare (Germany),
Graphical Networks (US), GreenField Software (Oman), Huawei (China), Hyperview (Canada), Intel (US),
Modius (US), Nlyte Software (US), Optimum Path (US), Panduit (US), Patchmanager (Netherlands),
Rackwise (US), RF Code (US), Rittal (Germany), Schneider Electric (France), Siemens (Germany),
SolarWinds (US), Sunbird Software (US), UnityOneCloud (US), and Vertiv (US).

About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche
opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently
servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost
75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their
painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets
following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the
clients to identify new opportunities, identify most important customers, write "Attack, avoid and
defend" strategies, identify sources of incremental revenues for both the company and its competitors.
MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across
leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments.
MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue
planning and help them take their innovations/disruptions early to the market by providing them
research ahead of the curve.
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"Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of
the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Aashish Mehra
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USA : 1-888-600-6441
sales@marketsandmarkets.com

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