The worldwide data centre infrastructure management (DCIM) market is anticipated to grow at a CAGR of 15% from 2022 to 2032, according to reports from FMI. By 2022, the market is projected to be worth US$ 3,540.4 million, and by 2032, it will be worth US$ 15,295.3 million.
The emergence of next-generation DCIM offerings, the mandate of the data centre optimisation initiative to address critical infrastructure inefficiencies, the need to integrate monitoring systems with disparate applications and databases for better data accuracy, gaining end-to-end visibility for predicting capacity requirements, mandatory requirements to improve data centre uptime and energy efficiency, and the emergence of next-generation DCIM offerings are some of the factors influencing the adoption of DCIM.
Because they allow for the remote execution of routine tasks, businesses are using cloud-based DCIM systems to manage data centre operations during COVID-19. Demand for DCIM is anticipated to rise in 2020 and 2021 as a result of its efficient management of data centre operations.
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Many firms across industries have adopted the work-from-home model to protect employee well-being and preserve operational effectiveness, raising demand for cloud-based solutions. As more businesses look to modernise their IT infrastructure, there will be a greater need for DCIM solutions.
The need for end-to-end visibility across infrastructure has emerged as the most challenging task for data centre operators as a result of the rising modernization of data centres. The data centre industry is significantly changing as a result of the introduction of new and additional technologies. Data centre, IT, and facility operators are rapidly turning to solutions like DCIM to gain a comprehensive understanding of key data centre infrastructure information like operations, configuration, and resource usage.
The majority of firms are quickly distributing their computer resources across several environments, including physical systems, edge data centres, and cloud servers. DCIM has developed into an important infrastructure optimisation tool. Although several businesses have claimed successful DCIM installs, it is important to not undervalue the number of failed attempts.
There is a substantial disconnect between what clients want and what DCIM suppliers are able to provide, which is one of the main reasons installations fail. The implementation of DCIM could be challenging in a data centre with multiple functional areas. With considerable investments in data centre expansion, Asia Pacific is one of the regions with the fastest growing markets for Data Centre Infrastructure Management (DCIM).
Massive investments are being made by the major countries, including China and Japan, in industries like BFSI, retail, healthcare, manufacturing, telecommunications, and IT, which has fuelled the expansion and economic prosperity of APAC nations.
The demand for data centres in this area will increase as more devices become internet-capable. The area’s data centre building expansion has been hastened by the development boom, which is projected to hasten the adoption of Data Centre Infrastructure Management (DCIM) solutions and services. Governments in the region are creating new energy efficiency legislation as part of the green movement, including taxes on carbon emissions and guidelines for smart electricity use, among other things. Data centre management requires the usage of DCIM software due to such regulatory restrictions.
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Key Takeaways:
- The IT asset management from the DC power supply market is expected to grow at the fastest CAGR of 12.5% in the solution sector.
- Information technology is expected to grow at a high rate in the vertical industry sector of the DC power supply market, with a CAGR of 14.9%.
- The market size for DC power supply in the United States is expected to reach US$ 6.8 Billion by 2032, growing at a CAGR of 17.3% during the research period.
- United Kingdom is expected to reach a market size of US$ 421.9 Million in DC power supply by 2032, with a CAGR of 13.9% during the research period.
- China’s DC power supply market is expected to be worth US$ 595.6 Million by 2032, with a CAGR of 14.9% over the forecast period.
- Brazil is expected to have a market size for DC power supply of US$ 178.7 Million by 2032, with a CAGR of 13.8% during the research period.
- By 2032, India is expected to reach a market size of US$ 334 Million in DC power supply, with a CAGR of 13.1% during the research period.
COMPETITIVE LANDSCAPE:
ABB Ltd., Commscope, Inc., Cormant, Inc., Eaton Corp. PLC and IBM Corp. lead the Data Centre Infrastructure Management (DCIM) market.
- Siemens will launch the open Industrial Edge ecosystem innovative IT platform in November 2021. This allows and offers scalable IT technology and application deployment in the production environment. This also allows B2B clients to buy and manage different software components from a single platform.
- Sunbird Software will release a new version of the dcTrack solution in October 2021. Previously, enterprise-class clients struggled to remotely administer all of their data centres, labs, units, and edge sites, where the first-generation DCIM was slow. To overcome these challenges, dcTrack has improved its scalability and tool management capabilities.
Key Segments
By Solution:
- IT Asset Management
- Facility management
- Consulting and Other Services
By Component:
- IT Asset
- DCIM Software
- Power
- Cooling
- Others (Network, Security)
By Industry Vertical:
- Banking, Financial Services and Insurance (BFSI)
- Information Technology
- Telecom
- Healthcare
- Retail
- Others (Government, Manufacturing)
By Region:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
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