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Data Center Infrastructure Management Market Strategy and Remarkable Growth Rate By 2026

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Data Center Infrastructure Management Market Strategy and Remarkable Growth Rate By 2026

According to a research report "Data Center Infrastructure Management Market By Component, Application (Asset Management, Power Monitoring, and Capacity Management), Deployment Model, Data Center Type, Vertical and Region - Global Forecast to 2026" published by MarketsandMarkets, the global Data Center Infrastructure Management (DCIM) market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 11.2% during the forecast period, to reach USD 3.2 billion by 2026 from USD 1.8 billion in 2021. The DCIM software enables a broader data center ecosystem, ranging from enterprise to edge and cloud data centers. As most workloads still exist in enterprise data centers, the need for optimizing data center operations becomes critical to organizations using enterprise data centers. Similarly, colocation, managed, and cloud data centers require a robust and holistic data center optimization technology for the overall data center efficiency. The DCIM software fulfills these requirements and provides its users end-to-end visibility across a data center infrastructure, including data center assets, power, cooling, and day-to-day operations in real-time. By providing end-to-end visibility, DCIM ensures better asset and resource availability, energy and workflow efficiency, asset management, and capacity planning.

The market is expected to be driven by the functionalities of asset management, which allows to effectively manage all the assets of data center facilities and prevents from any downtime

Asset management enables data center teams to record all the information associated with all the components of data centers and provides updates on them. It mainly tracks components of data centers, such as servers, racks, PDUs, networking equipment, devices, device modules and blades, floor-mounted facilities, and all software and virtual assets. (Operating systems, VM software, utilities, and applications). Asset management tracks all these entities by recording information related to device ID, IP address, business unit/department, location, manufacturer, user-defined properties, association warranty, service contacts, and service cycles, and lifecycle of hardware and software.

Increased security capabilities and customized costing in cloud-based solutions is driving the adoption of cloud-based deployment

With a cloud-based DCIM solution, users can get more functionality and the ability to manage distributed IT environments. Cloud-based DCIM is also able to connect to a data lake that stores information from data centers and edge sites. With the use of AI and ML, data can be turned into actionable insights to improve operations. The cloud-based DCIM software can be deployed easily, and users will be able to get real-time insights into data centers and can facilitate remote monitoring with exceptional ease. Cloud-based DCIM provides easy and quick upgradations, which offers better security against cyberattacks.

Data Center Infrastructure Management Market Regional Analysis:

The Asia Pacific DCIM market is expected to grow with a significant CAGR from 2021 to 2026. The region has witnessed rapid digital transformation across industries, such as finance, healthcare, e-commerce, and telecommunications. This has led to an increased demand for data centers and, consequently, the need for efficient DCIM solutions to manage these facilities. The region has witnessed substantial growth in data center construction and expansion due to the increasing adoption of cloud services, IoT, and digital transformation initiatives. The region is projected to reach USD 839 million market by 2026 in terms of DCIM revenue.

Japan has a highly developed data center market, with numerous large-scale data centers and colocation facilities. DCIM is widely used to manage and optimize the complex infrastructure within these data centers. Japan's market has evolved with international and global hyperscale cloud providers. AWS, Google, and Equinix are expanding their presence in the Tokyo and Osaka markets. For instance, in July 2023, Equinix opened its second xScale data centre, TY13x, in Tokyo to address the growing demand for cloud services; this allows DCIM vendors to provide reliable and efficient monitoring solutions and services for the data center community.

 

Market Players

 

The report also studies various growth strategies, such as mergers and acquisitions, partnerships and collaborations, and developments, adopted by the major players to expand their presence in the global DCIM market. The DCIM market includes major vendors, such as ABB (Switzerland), CommScope (US), Cormant (US), Delta Electronics (Taiwan), Device42 (US), Eaton (Ireland), FNT Softeare (Germany), Graphical Networks (US), GreenField Software (Oman), Huawei (China), Hyperview (Canada), Intel (US), Modius (US), Nlyte Software (US), Optimum Path (US), Panduit (US), Patchmanager (Netherlands), Rackwise (US), RF Code (US), Rittal (Germany), Schneider Electric (France), Siemens (Germany), SolarWinds (US), Sunbird Software (US), UnityOneCloud (US), and Vertiv (US).

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