COVID-19 Business Impact on DCIM Market Growth Opportunities, Market Share & Trends


Posted September 9, 2021 by devanshu

Across the globe, the demand for data center infrastructure management solutions will rise at the fastest pace in the Asia-Pacific (APAC) region in the coming years.

 
Asset management, power monitoring, capacity planning, business intelligence (BI) and analytics, and environmental monitoring are the major application areas of data center infrastructure management solutions. Out of these, the usage of these solutions is expected to be the highest in asset management applications in the upcoming years.

This is attributed to the fact that data centers are becoming highly complex in nature, and the use of traditional methods such as paper, spreadsheets, and pens cannot help in properly tracking and monitoring the performance of assets. A business can expect an error rate of nearly 15% while using such conventional processes. Across the globe, the demand for data center infrastructure management solutions will rise at the fastest pace in the Asia-Pacific (APAC) region in the coming years.

This will be because of the rise in the data center business and the implementation of government regulations and policies aimed at facilitating the development of data centers in the region. For example, the Indian Government released the Data Center policy in 2020 which is aimed at making the country a global data center hub by encouraging investments in the industry.

Thus, it can be said with full confidence that the demand for data center infrastructure management solutions will shoot up in the forthcoming years, primarily because of the increasing requirement for end-to-end visibility for predicting capacity management requirements, burgeoning need for sustainability and low carbon footprint, surging demand for higher uptime of data centers and more efficient data center operations, and soaring number of hyperscale data centers all over the world.

This market research report provides a comprehensive overview of the market

* The Future potential of the market through its forecast for the period 2020– 2030
* Major factors driving the market and their impact during the short, medium, and long terms
* Market restraints and their impact during the short, medium, and long terms
* Recent trends and evolving opportunities for the market participants
* Historical and the present size of the market segments and understand their comparative future potential
* Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings
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Issued By Devanshu
Country United States
Categories Business
Last Updated September 9, 2021