Global Data Center Infrastructure Management (DCIM) Market to Grow at 12.9% During 2024-2032, Impelled by Introduction of Next-Generation Solutions

June 18, 2021 | Electronics and Semiconductors

According to the latest report by IMARC Group, titled “Data Center Infrastructure Management (DCIM) Market Report by Solution Type (Software, Services), Data Center Size (Small and Medium Sized Data Centers, Large Sized Data Centers), Vertical (BFSI, Retail, Telecommunication and IT, Government, Healthcare, Manufacturing, Energy and Power, and Others), and Region 2024-2032,” the global data center infrastructure management (DCIM) market reached a value of US$ 3.7 Billion in 2023. DCIM is a component of the building information modeling (BIM) software that allows administrators to collate, store and analyze data related to power and cooling systems.It has two main components, including monitoring/automation and planning/implementation. DCIM software also provides facility managers a holistic view of the performance of data centers so that energy, equipment and floor space can be used efficiently to help address these vulnerabilities that lead to downtime.

Global Data Center Infrastructure Management Market Trends:

Several organizations are adopting DCIM software as it helps IT experts to manage equipment from multiple vendors, deal with various sites with limited or no IT staff and optimize performance by comparing the performance of their infrastructure with peers. Besides this, the onset of coronavirus disease (COVID-19) has led to a significant rise in remote working models and the usage of digital services. This has led to the increased demand for DCIM solutions to manage increased network traffic and data usage. Moreover, the introduction of next-generation DCIM utilizes advanced technologies, such as artificial intelligence (AI), machine learning (ML) and real-time analytics to offer more advanced features compared to traditional DCIM. Furthermore, several companies, such as Facebook, Microsoft, Apple, and Google, are investing in green data centers to power through renewable sources. This will help them expand their operations to enhance market presence and strengthen their global footprint across the globe. Looking forward, the market is projected to grow at a CAGR of 12.9% during the forecast period (2024-2032).

Market Summary:

  • Based on the solution type, the market has been bifurcated into software (asset, cooling, power and security management solutions) and services (installation and integration, training and consulting, and support and maintenance solutions).
  • On the basis of the data center size, the market has been classified into small and medium, and large sized data centers.
  • The market has been categorized based on the vertical into BFSI, retail, telecommunication and IT, government, healthcare, manufacturing, energy and power, and others.
  • Region-wise, the market has been segmented into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Indonesia, Australia and others), Europe (France, Germany, the United Kingdom, Italy, Spain, Russia and others), Latin America (Brazil, Mexico and others), and Middle East and Africa.
  • The competitive landscape of the market has also been examined, with some of the key players being 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 and Vertiv Group Corp.

Report Scope:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Solution Type, Data Center Size, Vertical, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered 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 and Vertiv Group Corp.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Global Data Center Infrastructure Management (DCIM) Market to Grow at 12.9% During 2024-2032, Impelled by Introduction of Next-Generation Solutions
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