IMARC Group's report titled "Data Center Infrastructure Management (DCIM) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032", The global data center infrastructure management (DCIM) market size reached US$ 3.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 11.4 Billion by 2032, exhibiting a growth rate (CAGR) of 12.9% during 2024-2032.
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Factors Affecting the Growth of the Data Center Infrastructure Management (DCIM) Industry:
- Increasing Demand for Data Center Efficiency:
Data centers consume substantial amounts of energy and resources. With the rising costs of energy and the need to reduce carbon footprint, organizations are seeking alternatives to optimize resource utilization. DCIM solutions provide comprehensive insights into energy consumption, cooling efficiency, and server utilization, enabling organizations to identify areas of inefficiency and take proactive measures to optimize resource usage. Moreover, energy efficiency is a critical consideration for data center operators due to its impact on operating costs and environmental sustainability. DCIM solutions help monitor power usage effectiveness (PUE) and other energy-related metrics in real time.
- Technological Advancements:
Continuous innovations in automation and orchestration are revolutionizing data center management. DCIM solutions leverage automation capabilities to streamline routine tasks, such as provisioning, configuration, and maintenance, reducing manual intervention and minimizing the risk of errors. Orchestration features enable organizations to automate workflows and optimize resource allocation dynamically based on workload demands, improving efficiency and agility in data center operations. Furthermore, technological advancements in security and compliance are enhancing the capabilities of DCIM solutions to protect data center assets and mitigate cybersecurity risks. DCIM solutions incorporate advanced security features, such as encryption, access controls, and threat detection, to safeguard critical infrastructure and sensitive data from unauthorized access, breaches, and cyberattacks.
- Growing Adoption of Colocation Services:
Colocation facilities host multiple tenants, each with unique infrastructure requirements and service-level agreements (SLAs). Managing the diverse needs of these tenants and ensuring optimal resource allocation can be complex. DCIM solutions provide colocation providers with centralized management and monitoring capabilities, enabling them to efficiently manage multi-tenant environments and ensure consistent service delivery across diverse customer bases. In addition, DCIM solutions offer visibility into resource usage, such as power, cooling, space, and network connectivity, allowing providers to identify underutilized resources and improve overall resource efficiency. By leveraging DCIM tools, colocation providers can ensure efficient use of infrastructure resources, reduce waste, and enhance profitability.
Leading Companies Operating in the Global Data Center Infrastructure Management (DCIM) Industry:
- ABB Ltd.
- Emerson Electric Co.
- International Business Machines Corporation
- Modius Inc.
- Nlyte Software Limited
- Panduit Corporation
- Raritan Inc. (Legrand)
- Rittal GmbH & Co. KG
- Schneider Electric SE
- Siemens AktiengesellschaftAG
- Vertiv Group Corp.
Data Center Infrastructure Management (DCIM) Market Report Segmentation:
By Solution Type:
- Software
- Asset Management Solutions
- Cooling Management Solutions
- Power Management Solutions
- Security Management Solutions
- Services
- Installation and Integration Services
- Training and Consulting Services
- Support and Maintenance Services
Software represents the largest segment, as it offers comprehensive solutions for managing and optimizing various aspects of data center operations, including power usage, cooling efficiency, asset tracking, and capacity planning.
By Software:
- Small and Medium Sized Data Centers
- Large Sized Data Centers
Asset Management accounts for the leading segment, as by effectively managing assets, companies can improve resource allocation, reduce operational costs, and enhance overall productivity.
By Data Center Size:
- Small and Medium Sized Data Centers
- Large Sized Data Centers
Large sized data centers account for the majority of the market share due to their complex and extensive infrastructure requirements, including numerous servers, storage systems, networking equipment, and power and cooling systems.
By Vertical:
- BFSI
- Retail
- Telecommunication and IT
- Government
- Healthcare
- Manufacturing
- Energy and Power
- Others
Telecommunication and IT hold the biggest market share owing to the exponential growth of data traffic driven by the widespread adoption of digital technologies.
Regional Insights:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
North America enjoys the leading position in the data center infrastructure management (DCIM) market on account of robust technological infrastructure and the presence of numerous large-scale enterprises, cloud service providers, and colocation facilities.
Global Data Center Infrastructure Management (DCIM) Market Trends:
The growing integration of emerging technologies, such as Internet of Things (IoT), artificial intelligence (AI), machine learning (ML), and predictive analytics into DCIM, to enhance capabilities and deliver more intelligent and proactive management capabilities. Internet of Things (IoT) sensors collect data from various devices and infrastructure components, while artificial intelligence (AI) and machine learning (ML) algorithms analyze this data to optimize resource utilization, improve energy efficiency, and automate decision-making processes, resulting in more efficient and resilient data center operations.
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