NEW
YORK, July 12, 2024 /PRNewswire/ -- The global
data center infrastructure management (DCIM) solutions
market size is estimated to grow by USD 13.71 billion from 2024-2028, according
to Technavio. The market is estimated to grow at a CAGR of
over 26.06% during the forecast period. Increased focus
on energy management and green initiatives is driving market
growth, with a trend towards high adoption of IoT,
in-built sensors, and edge computing. However, investments in
initial infrastructure and related requirements poses a
challenge. Key market players include ABB Ltd., BGIS Global
Integrated Solutions, Broadcom Inc., Carrier Global Corp., Cisco
Systems Inc., CommScope Holding Co. Inc., Device42 Inc., Eaton
Corp. Plc, FNT GmbH, Huawei Technologies Co. Ltd., Legrand SA,
Modius Inc., Panduit Corp., Rackwise Inc., RF Code Inc., Schneider
Electric SE, Siemens AG, Sunbird Inc., Unisys Corp., and Vertiv
Holdings Co..
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Forecast
period
|
2024-2028
|
Base Year
|
2023
|
Historic
Data
|
2018 - 2022
|
Segment
Covered
|
End-user (Large
enterprises and Small and medium enterprises), Application (Asset
and capacity management, Energy management, Power and cooling
management, and Network management), and Geography (North America,
APAC, Europe, Middle East and Africa, and South America)
|
Region
Covered
|
North America, APAC,
Europe, Middle East and Africa, and South America
|
Key companies
profiled
|
ABB Ltd., BGIS Global
Integrated Solutions, Broadcom Inc., Carrier Global Corp., Cisco
Systems Inc., CommScope Holding Co. Inc., Device42 Inc., Eaton
Corp. Plc, FNT GmbH, Huawei Technologies Co. Ltd., Legrand SA,
Modius Inc., Panduit Corp., Rackwise Inc., RF Code Inc., Schneider
Electric SE, Siemens AG, Sunbird Inc., Unisys Corp., and Vertiv
Holdings Co.
|
Key Market Trends Fueling Growth
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Market Challenges
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Segment Overview
This data center infrastructure management (dcim) solutions
market report extensively covers market segmentation by
- End-user
- 1.1 Large enterprises
- 1.2 Small and medium enterprises
- Application
- 2.1 Asset and capacity management
- 2.2 Energy management
- 2.3 Power and cooling management
- 2.4 Network management
- Geography
- 3.1 North America
- 3.2 APAC
- 3.3 Europe
- 3.4 Middle East and
Africa
- 3.5 South America
1.1 Large enterprises- The Data Center
Infrastructure Management (DCIM) solutions market has experienced
substantial growth, driven by the increasing demand for IT system
efficiency and the need to minimize downtime in high rack density
environments. According to AFCOM's estimates, IT workloads continue
to increase, necessitating the adoption of advanced aircooling
methods and smart city policies by policymakers. Compass
Datacenters, with its Compass Quantum modular data center solution,
caters to the varying needs of businesses, from small data to large
enterprise and legacy systems. Site selection, permitting, and
facility upkeep are critical considerations for capital investment
and operational expenses. API integration enables seamless
communication between IT equipment and DCIM tools, optimizing
processing capacity and managing data volumes. Telecom operators
and edge computing providers are also adopting DCIM solutions for
edge technologies, wireless medical, and hyperlocal storage. Old
properties are being repurposed for data centers, making it
essential to choose the right DCIM solution for optimal performance
and cost savings.
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analysis including forecast (2024-2028) and historic data (2018 -
2022) - Download a Sample Report
Research Analysis
The Data Center Infrastructure Management (DCIM) solutions
market is experiencing significant growth as data centers
prioritize energy efficiency and optimization initiatives. DCIM
offerings provide holistic visibility into disparate applications,
monitoring systems, and critical infrastructure, enabling IT and
facility operators to make informed decisions about their data
centers. Modernization of DCIM is supplementing new technologies
like IoT sensors and AI to enhance asset management and improve
operational efficiency. Rackwise, Hyperview, Sunbird Software, and
Nlyte Software are leading DCIM providers, offering on-premises
solutions for asset management, configuration, and real-time
monitoring of the physical environment. However, data accuracy
remains a challenge due to manual data entry and transcription
errors, leading to typographical mistakes and inefficiencies. DCIM
solutions must address these issues to provide reliable data for
decision-making processes and ensure infrastructure availability.
Ultimately, DCIM solutions are essential for IT administrators
seeking to optimize their data centers and reduce operational
costs.
Market Research Overview
The Data Center Infrastructure Management (DCIM) solutions
market is witnessing next-generation growth, driven by the need for
energy efficiency and optimization initiatives in data centers.
DCIM offerings provide holistic visibility into disparate
applications, IT assets, and physical systems, including chillers,
cooling towers, real-time energy usage, environmental sensors, and
meters. Operators benefit from accurate data, enabling them to make
informed decisions on infrastructure optimization, resource
utilization, and infrastructure availability. Despite successful
implementations, DCIM projects can face challenges, such as error
rate from manual data entry, transcription, and typographical
mistakes. Modernization of IT and facility infrastructure is a
significant investment, with major countries in healthcare,
telecommunications, and development leading the way. DCIM
providers, like Rackwise, Hyperview, Sunbird Software, and Nlyte
Software, offer functional domains, including asset management,
power efficiency, and cooling statistics. A hybrid approach,
combining Software as a Service (SaaS) and on-premises DCIM, caters
to various organizational needs. With a focus on power efficiency,
cooling, and IT asset management, DCIM solutions contribute to
efficient power usage, carbon emission reduction, and the growth of
cloud computing, internet usage, and internet services.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- End-user
-
- Large Enterprises
- Small And Medium Enterprises
- Application
-
- Asset And Capacity Management
- Energy Management
- Power And Cooling Management
- Network Management
- Geography
-
- North America
- APAC
- Europe
- Middle East And Africa
- South America
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions.
With over 500 specialized analysts, Technavio's report library
consists of more than 17,000 reports and counting, covering 800
technologies, spanning across 50 countries. Their client base
consists of enterprises of all sizes, including more than 100
Fortune 500 companies. This growing client base relies on
Technavio's comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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