DCIM Market - In-depth Analysis of the Industry with Future Estimations


Posted January 17, 2022 by devanshu

From $1.5 billion in 2020, the global data center infrastructure management (DCIM) market revenue is predicted to surge sharply in the coming years.

 
From $1.5 billion in 2020, the global data center infrastructure management (DCIM) market revenue is predicted to surge sharply in the coming years. This will be because of the growing requirement for gaining end-to-end visibility for predicting capacity management needs, increasing efforts being made for improving energy efficiency and data center uptime, surging need for a low carbon footprint and sustainability, and soaring number of hyperscale data centers across the world.

A data center strategy must be planned in such a way that the machines never malfunction or breakdown under any circumstance. For achieving this, data center managers must ensure that their data center strategy stays ahead and it can cope with the growing needs of organizations, while keeping the sudden peak in customer requirements in mind.

Data center infrastructure management (DCIM) provides insights and visibility by monitoring several parameters, such as the performance of computers and data center servers, network operations, and security uptime and also by resolving various network issues as they arise. Depending on application, the DCIM market is divided into capacity planning, environmental monitoring, asset management, power monitoring, and business intelligence (BI) and analytics.

Out of these, the asset management category is predicted to dominate the market in the coming years. This is ascribed to the fact that data centers are rapidly becoming highly complex in nature and the use of conventional methods, such as paper, spreadsheets, and pens, may not be able to aid in properly tracking the performance of assets. Hence, it is safe to say that the demand for DCIM will soar all over the world in the coming years, mainly because of the rising need for higher business productivity and efficiency and implementation of supportive government regulations in several countries.
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Issued By Devanshu
Country United States
Categories Business
Last Updated January 17, 2022