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According to the latest report by IMARC Group, titled “Data Center Infrastructure Management (DCIM) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global data center infrastructure management(DCIM) market exhibited strong growth during 2015-2020. 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.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Data Center Infrastructure ManagementMarket 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 around 15% during the forecast period (2021-2026).
Market Summary:
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