Global Data Center Infrastructure Management Dcim Market

Global Data Center Infrastructure Management (DCIM) Market, By Component (Solution, Services), By Application (Asset Management, Capacity Planning, Power Monitoring, Environmental Monitoring, Business Intelligence And Analytics, Other Applications), By Deployment Mode (Cloud, On–Premises), By Data Center Type (Enterprise Data Center, Managed Data Center, Colocation Data Center, Cloud And Edge Data Center), By End-User (Banking, Financial Services, And Insurance, Government, IT And Telecom, Healthcare and Life Sciences, Manufacturing, Others),By Region (North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle-East & Africa (MEA) Trend Analysis, Competitive Market Share & Forecast, 2017-2027

  • Published Date: September 2021
  • Report ID: BWC2079
  • Available Format: PDF
  • Page: 190

Report Overview

The Global Data Center Infrastructure Management (DCIM) market is growing due to the rapid adoption of cloud computing and efficient management of data centers to reduce energy consumption and increase efficiency.

The global data center infrastructure management (DCIM) market was worth USD 1.6 billion in 2020 and is further projected to reach USD 3.8 billion by the year 2027, growing at a CAGR of 13.2% in the forecast period. The market is flourishing at a high rate due to the rapid adoption of cloud computing and efficient management of data centers to reduce energy consumption and increase efficiency. In addition, the development of next-generation DCIM offerings such as real-time analytics is expected to drive the growth of the global data center infrastructure management (DCIM) market during the forecast period.

Data Center Infrastructure Management Market

Source: BlueWeave Consulting

Global Data Center Infrastructure Management (DCIM) Market- Overview

Data center infrastructure management (DCIM) refers to coordinating and managing the hardware and software assets or the data center of an organization. A DCIM system offers a wide range of tools such as monitoring, measuring, and management. In addition, it controls the energy consumption of all IT-related equipment in the data center. Additionally, DCIM provides historical data, which is crucial for predicting future data center requirements. Moreover, with the analysis of such data, operators can make physical changes in the infrastructure to boost energy efficiency.

Global Data Center Infrastructure Management (DCIM) Market Forecast and Trends

Growth Drivers

Increasing Dependence on Cloud Computing

Data centers are one of the most essential components of cloud technologies. Due to the increasing adoption of cloud technologies, cloud data centers support a high volume of enterprise data workloads. Data centers, as well as companies, are constantly developing infrastructure and technology to keep up with the growing data storage demand by integrating both cloud and tangible storage options. Therefore, large enterprises are increasingly investing in data center infrastructure development, which is expected to boost the market in the forecast period.

Growing Trends and Adoption of Colocation Data Centers

Colocation data centers are gaining huge popularity, especially in emerging economies like China, India, South Korea, etc. Colocation services are often used by small and medium businesses since they are cost-effective and can support high data loads more effectively. The flourishing colocation data centers are providing huge growth opportunities to the global data center infrastructure management (DCIM) market. Moreover, colocation providers are increasingly adopting DCIM software for improving the efficiency of their centers and expanding their profit margins.

Restraints

Lack of Advanced Technology and Real-Time Sensors

Data center infrastructure management (DCIM) software relies on real-time sensors to track and manage data center equipment and collect vital data. However, equipment like UPS, chillers, cooling towers, security devices, etc., are not equipped with advanced sensors. Thus, the software is unable to calculate the exact amount of energy consumed by the data center and thus presents inaccurate information, which affects the functioning of the data centers and strips away its purpose of DCIM. This acts as a major restraining factor for the global data center infrastructure management (DCIM) market.

Impact of COVID-19 on the Global Data Center Infrastructure Management (DCIM) Market

The sudden outbreak of the COVID-19 pandemic caught everyone off guard. COVID-19, which is a highly transmissible and pathogenic virus, severely affected the respiratory system. As a result, when the WHO declared COVID-19 a global pandemic, numerous governments ordered a lockdown to prevent the virus from spreading further. This significantly affected the working scenario and people were compelled to work from home. This increased the dependence on the internet and cloud computing solutions. Moreover, the trend of working from home boosted data transfers exponentially. Because of this factor, the global data center infrastructure management (DCIM) market has been flourishing significantly amid the pandemic.

Global Data Center Infrastructure Management (DCIM) Market - By Component

Based on components, the global data center infrastructure management (DCIM) market is segmented into solutions, and services. The solution segment held the largest market share in 2020 as large enterprises handling their own data centers for data management opt for software for infrastructure management. However, the services segment is expected to witness the highest CAGR during the forecast period because of the emerging small and medium-sized enterprises (SMEs). DCIM services are beneficial to SMEs due to their cost-effectiveness, along with the expert supervision that DCIM offers,

Global Data Center Infrastructure Management (DCIM) Market - By Application

Based on applications, the global data center infrastructure management (DCIM) market is categorized into asset management, capacity planning, power monitoring, environmental monitoring, business intelligence and analytics, and other applications. The asset management segment accounts for the largest market share because of the elimination of manual processes in asset management and increasing digitization. A data center asset management facility tracks movements, additions, as well as changes in assets, which minimizes errors and therefore, acts as a growth driver for the market.

Global Data Center Infrastructure Management (DCIM) Market - Regional Insights

Geographically, the global data center infrastructure management (DCIM) market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle-East & Africa. North America dominates the market because of the presence of several technology giants such as Google, Facebook, Microsoft, etc in the region. The expansion of cloud computing, big data analytics, and mobile broadband is significantly driving the data center infrastructure management (DCIM) market in North America. This region is also experiencing market growth due to the emergence of several new companies and startups that are expanding their operations to strengthen their capacity.

Regional Insights

Source: BlueWeave Consulting

Competitive Landscape

The leading market players in the global data center infrastructure management (DCIM) market are Itracs Corporation Inc., Vertiv Group Corp., Nlyte Software Inc., Schneider Electric SE, FNT GmbH, Johnson Controls International PLC, ABB Ltd, Eaton Corporation PLC, Siemens AG, IBM Corporation, Delta Electronics, SolarWinds, Rackwise, CommScope, RF Code, Panduit, Raritan, Inc., Stulz GmbH, Hewlett Packard Enterprise, and other prominent players.

The prominent market players focus heavily on research and development activities to develop and launch innovative platforms and services. The global data center infrastructure management (DCIM) market is highly competitive with the presence of several global as well as regional players. To gain a competitive edge in the market, the market players have been adopting numerous competitive strategies, including partnerships, mergers, acquisitions, collaborations, etc.

Recent Developments

  • In August 2021, Oracle Corporation, a US-based computer technology corporation, announced the release of MySQL Autopilot, a new component of the MySQL HeatWave service. This technology uses advanced machine learning techniques to automate HeatWave, which helps in improving performance and scalability.
  • In June 2021, French energy management, and automation company Schneider Electric announced the launch of a liquid-cooled, EcoStruxure Modular Data Center, All-In-One Module. This module will offer improved reliability of CPU and GPU-intensive high-performance computing (HPC) edge applications in harsh and remote environments.

Scope of the Report

Attributes

Details

Years Considered

Historical data – 2017-2020

Base Year – 2020

Forecast – 2021 – 2027

Facts Covered

Revenue in USD Billion

Market Coverage

U.S, Canada, Germany, UK, France, Italy, Spain, Brazil, Mexico, Japan, South Korea, China, India, UAE, South Africa, Saudi Arabia

Product Service/Segmentation

By Component, By Application, By Deployment Mode, By Data Center Type, By End-User, By Region

Key Players

Itracs Corporation Inc., Vertiv Group Corp., Nlyte Software Inc., Schneider Electric SE, FNT GmbH, Johnson Controls International PLC, ABB Ltd, Eaton Corporation PLC, Siemens AG, IBM Corporation, Delta Electronics, SolarWinds, Rackwise, CommScope, RF Code, Panduit, Raritan, Inc., Stulz GmbH, Hewlett Packard Enterprise, and other prominent players.

 

By Component

  • Solution
  • Services

By Application

  • Asset Management
  • Capacity Planning
  • Power Monitoring
  • Environmental Monitoring
  • Business Intelligence And Analytics
  • Other Applications

By Deployment Mode

  • Cloud
  • On–Premises

By Data Center Type

  • Enterprise Data Center
  • Managed Data Center
  • Colocation Data Center
  • Cloud and Edge Data Center

By End-User

  • Banking, Financial Services, And Insurance
  • Government
  • IT And Telecom
  • Healthcare and Life Sciences
  • Manufacturing
  • Others

By Region

  • North America
  • Europe
  • Asia-Pacific (APAC)
  • Latin America (LATAM)
  • Middle-East & Africa (MEA)

Frequently Asked Questions:

Ans: The global data center infrastructure management (DCIM) market reached USD 1.6 billion in 2020.
Ans: The major factors driving the global data center infrastructure management (DCIM) market are the growing trend of cloud computing and the adoption of colocation data centers.
Ans: The key players in the global data center infrastructure management (DCIM) market are: Itracs Corporation Inc., Vertiv Group Corp., Nlyte Software Inc., Schneider Electric SE, FNT GmbH, Johnson Controls International PLC, ABB Ltd, Eaton Corporation PLC, Siemens AG, IBM Corporation, Delta Electronics, SolarWinds, Rackwise, CommScope, RF Code, Panduit, Raritan, Inc., Stulz GmbH, Hewlett Packard Enterprise, and other prominent players.
Ans: The on-premises segment accounted for the largest share in the global data center infrastructure management (DCIM) market.
Ans: North America has the largest share in the global data center infrastructure management (DCIM) market.