According to the latest report by IMARC Group titled, “Data Center Infrastructure Management (DCIM) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, The global data center infrastructure management (DCIM) market reached a value of US$ 2.7 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 6.7 Billion by 2027, exhibiting a CAGR of 15.68% during 2022-2027.
Data center infrastructure management (DCIM) refers to a component of building information modeling (BIM) software that allows administrators to analyze, store, and collate data related to power and cooling systems. It aids in capturing detailed information and observing environmental conditions in real-time. In line with this, data center infrastructure management also assists in monitoring and measuring IT equipment and supporting servers. It aggregates power usage effectiveness (PUE) using energy-monitoring sensors. Consequently, DCIM finds extensive applications in several industries, including manufacturing, healthcare, retail, etc.
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Note: 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.
The growing prevalence of cyber threats and security breaches is augmenting the utilization of this solution to address these vulnerabilities, which is primarily driving the data center infrastructure management (DCIM) market. Additionally, the expanding e-commerce sector and the emerging trend of digitalization across various countries are further stimulating the market growth. Besides this, the escalating demand for data center infrastructure management to control increased network traffic and data usage, owing to the widespread adoption of digital services in telemedicine, e-learning, remote working models, etc., is acting as another significant growth-inducing factor. Moreover, the inflating need for next-generation DCIM solutions that are hosted on the cloud and offer innovative features, such as zero-configuration analytics, data sharing and collaboration, scalability, reduced downtime and maintenance costs, etc., is bolstering the global market. Apart from this, the rising integration of numerous advanced technologies in medical devices and autonomous vehicles is anticipated to fuel the data center infrastructure management (DCIM) market over the forecasted period.
Breakup by Solution Type:
- Asset Management Solutions
- Cooling Management Solutions
- Power Management Solutions
- Security Management Solutions
- Installation and Integration Services
- Training and Consulting Services
- Support and Maintenance Services
Breakup by Data Center Size:
- Small and Medium Sized Data Centers
- Large Sized Data Centers
Breakup by Vertical:
- Telecommunication and IT
- Energy and Power
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
- 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
- Vertiv Group Corp.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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