Data Center Infrastructure Management (DCIM) System Market Trends, Size, Share, Growth Insight, Leading Players Analysis and Forecast By 2030 | IMR


Posted February 26, 2024 by UdaySharma123

The Global Data Center Infrastructure Management (DCIM) System Market size is expected to grow from USD 1.76 billion in 2022 to USD 4.39 billion by 2030, at a CAGR of 12.1% during the forecast period (2023-2030).

 
A wider range of data center ecosystems, from enterprise to edge and cloud data centers, are made possible by the DCIM software. Organizations that use enterprise data centers must prioritize optimizing data center operations because the majority of workloads are still housed in these facilities. In a similar vein, the entire efficiency of colocation, managed, and cloud data centers depends on a strong and comprehensive data center optimization technology. These criteria are met by the DCIM software, which also gives customers real-time end-to-end insight over a data center's infrastructure, including data center assets, power, cooling, and daily operations. DCIM guarantees improved asset and resource availability, energy and workflow efficiency, asset management, and capacity planning by offering end-to-end visibility.
The capabilities of asset management, which enable efficient control of all the assets of data center facilities and eliminate any downtime, are anticipated to propel the market.
Data center teams can keep track of all the information related to each component of a data center and receive updates on it thanks to asset management. It primarily monitors server, rack, PDU, networking, device, module, and blade components; floor-mounted facilities; and all software and virtual assets (VM software, operating systems, utilities, and applications). By logging data on device ID, IP address, business unit/department, location, manufacturer, user-defined attributes, association warranty, service contacts, service cycles, and hardware and software lifecycles, asset management keeps track of all these entities.
Market Dynamics and Key Factors for Data Center Infrastructure Management (DCIM) System Market
Drivers:
Growing Need for Effective Data Management: As a result of the data's exponential expansion across numerous industries, there is an increasing need for effective data management solutions. The adoption of DCIM systems is fueled by their extensive monitoring and management features.
Energy Efficiency is Necessary: Data centers require a lot of energy, and businesses are becoming more concerned about cutting back on both their operational expenses and carbon footprint. DCIM systems are becoming more and more popular because they make better energy management possible by optimizing power usage and providing real-time monitoring.
Increasing Complexity of Data Center Operations: With a wide range of technologies and infrastructural components, modern data centers are getting more and more complicated. By offering centralized visibility and control, DCIM systems improve operational efficiency and make management jobs simpler.
Restraints:
High Initial expenditure: Hardware, software, and integration costs can all add up to a sizable initial capital expenditure needed to install DCIM systems. Adoption may be hampered by this, particularly for small and medium-sized businesses (SMEs) with tight finances.
Integration Difficulties: It can be difficult and time-consuming to integrate DCIM solutions with legacy systems and the current IT infrastructure. Adoption may be hampered and implementation costs raised by compatibility problems and the requirement for significant customisation.
Absence of Skilled Staff: Skilled staff with knowledge of software administration, IT infrastructure, and data center management are necessary for the effective use of DCIM systems. The lack of these workers may make it difficult for businesses to implement and run DCIM systems.
Opportunities:
Adoption of Cloud-based DCIM Solutions: There are potential for the implementation of cloud-based DCIM solutions due to the increasing use of cloud computing. Cloud-based solutions are appealing to businesses of all sizes because they offer scalability, flexibility, and lower infrastructure expenses.
Hyperscale Data Center Proliferation: As a result of the growing demand for cloud services and digital transformation projects, hyperscale data centers are proliferating, which offers substantial potential for DCIM vendors. In order to maximize productivity and efficiency, these expansive facilities need sophisticated management solutions.
Integration with IoT and AI Technologies: By combining DCIM systems with Internet of Things (IoT) sensors and AI algorithms, proactive resource allocation, predictive maintenance, and automated decision-making are made possible, which raises the value proposition of these solutions.
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Key Player Mentioned:
ABB, CommScope, Cormant, Delta Electronics, Device42, Eaton, FNT Software, Graphical Networks, GreenField Software, Huawei, Hyperview, Intel, Modius, Nlyte Software, Optimum Path, Panduit, Patchmanager, Rackwise, RF Code, Rittal, Schneider Electric, Siemens, SolarWinds, Sunbird Software, UnityOneCloud, Vertiv And Other Major Key Players.
The most recent study on the Data Center Infrastructure Management (DCIM) System industry offers a thorough analysis of the business from 2023 to 2030. It provides a thorough overview of the global Data Center Infrastructure Management (DCIM) System Market, taking into account all relevant industry trends, Market dynamics, the competitive landscape, and Market analysis methodologies like the PESTEL, Industry Value Chain, and Porter's Five Forces analyses. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the Market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular Market areas.

Market Segmentation:
By Component
• Solution
• Service
By Application
• Asset Management
• Power Monitoring
• Capacity Management
By Data Center Type
• Enterprise Data Center
• Managed Data Center
• Colocation Data Center
• Cloud and Edge Data Center
Regional Segment Analysis:
• North America (U.S., Canada, Mexico)
• Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
• Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
• Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
• South America (Brazil, Argentina, Rest of SA)
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The research reports on the Global Data Center Infrastructure Management (DCIM) System Market 2023 cover all the large regions, not just the small regions around the world. The report focused on Market size, value, product sales and growth opportunities in the region. In addition to providing valuable insights into customers and industries, Market research also analyzed competitiveness. Such data will undoubtedly not only make expansion, but will also help you plan your strategy to penetrate the Market.
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Issued By Uday
Country India
Categories Business , News
Tags data center infrastructure management dcim market , data center infrastructure management dcim size , data center infrastructure management dcim growth , data center infrastructure management dcim trend , data center infrastructure management dcim segment , data center infrastructure management dcim opportunity , data center infrastructure management dcim analysis 2023 , data center infrastructure management dcim forecast
Last Updated February 26, 2024