Data Centre Infrastructure Management Market Outlook
According to the report by Expert Market Research (EMR), the global data centre infrastructure management market price reached a value of USD 2.34 billion in 2022. Aided by the rapid growth in digitisation and the rising demand for energy-efficient data centres, the market is projected to further grow at a CAGR of 17.40% between 2023 and 2028 to reach a value of USD 6.13 billion by 2028.
Data centre infrastructure management is an integrated software solution that is designed to monitor, measure, manage, and control data centre utilisation and energy consumption of all IT-related equipment (such as servers, storage, and network switches) and facility infrastructure components (such as power distribution units and computer room air conditioners). It serves as a crucial tool in bridging the gap between the traditional facilities management and faster-paced IT functions within businesses.
The significant surge in the generation and use of data across various sectors, such as IT, retail, healthcare, BFSI, and telecom, is a key factor driving the global data centre infrastructure management market growth. The vast amounts of data being produced necessitate efficient data centre operations, pushing enterprises towards DCIM solutions that offer an effective way to manage IT infrastructure.
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Additionally, the increasing focus on energy efficiency also significantly contributes to the data centre infrastructure management market expansion. The operation of data centres requires substantial energy, leading to high operational costs and increased carbon footprint. DCIM solutions help in optimising the energy usage, cutting down the costs, and promoting sustainable practices, thus finding favour with companies aiming to reduce their environmental impact.
Moreover, the proliferation of cloud-based services and big data has led to the expansion of data centres, in turn, fuelling the demand for DCIM solutions. The growing adoption of the Internet of Things (IoT) technologies also plays a significant role in propelling the data centre infrastructure management market. As IoT devices generate enormous data requiring storage and management, the need for efficient data centre management tools like DCIM is on the rise.
The burgeoning trend of virtualisation in data centres is another factor augmenting the data centre infrastructure management market demand. Virtualisation enables better usage of the available resources, reducing hardware dependency and facilitating workload distribution across multiple resources, and DCIM helps in managing these virtualised environments efficiently.
Finally, the growing regulatory pressure regarding energy consumption and carbon emissions from data centres has resulted in increased adoption of DCIM tools, aiding the data centre infrastructure management market growth. These tools assist organisations in complying with regulatory standards by providing effective energy management and reducing carbon emissions.
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Data Centre Infrastructure Management Market Segmentation
The market can be divided based on component, data centre type, deployment type, organisation size, application, industry vertical, and region.
Market Breakup by Component
Market Breakup by Data Centre Type
- Enterprise Data Centre
- Managed Data Centre
- Colocation Data Centre
- Cloud and Edge Data Centre
Market Breakup by Deployment Type
- Cloud Based
Market Breakup by Organisation Size
- Small and Medium Size Enterprises
- Large Size Enterprises
Market Breakup by Application
- Asset Management
- Capacity Planning
- Power Monitoring
- Environmental Monitoring
- BI and Analytics
Market Breakup by Industry Vertical
- Government and Public Sector
- Healthcare and Life Science
Market Breakup by Region
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global data centre infrastructure management companies. Some of the major key players explored in the report by Expert Market Research are as follows:
- Schneider Electric SE
- Johnson Controls International PLC
- Eaton Corporation PLC
- IBM Corporation
- Vertiv Group Corp.
- Sunbird Software, Inc.
- Siemens AG
- Huawei Technologies Co., Ltd.
- Device42, Inc.
- FNT GmbH
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