CHICAGO, January 7, 2022 / PRNewswire / – According to a research report “Data center infrastructure management COVID-19 Impact Analysis Market, By Component, Application (Asset Management, Power Monitoring & Capacity Management), Deployment Model, Data Center Type, Vertical & Region – Global Forecast to 2026 “, Published by MarketsandMarkets â¢, 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, for to reach $ 3.2 billion by 2026 from $ 1.8 billion in 2021.
DCIM software enables a larger data center ecosystem, ranging from enterprise data centers to edge and cloud data centers. As most workloads still exist in corporate data centers, the need to optimize data center operations becomes critical for organizations using corporate data centers. Likewise, colocation, managed, and cloud data centers require robust and holistic data center optimization technology for overall data center efficiency. DCIM software addresses these requirements and provides its users with end-to-end visibility into a data center infrastructure, including data center assets, power, cooling, and real-time daily operations. By providing end-to-end visibility, DCIM ensures better availability of assets and resources, energy and workflow efficiency, asset management and capacity planning.
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The market is expected to be driven by asset management features, which can efficiently manage all data center facility assets and avoid downtime.
Asset management allows data center teams to record and update all information associated with all data center components. It primarily tracks data center components, such as servers, racks, PDUs, network equipment, peripherals, device modules and blades, floor mounted facilities, and all software and virtual assets. (operating systems, VM software, utilities and applications). Asset Management tracks all of these entities by recording information related to Device ID, IP Address, Business Unit / Department, Location, Manufacturer, User Defined Properties, Warranty association, service contacts and service cycles, as well as the hardware and software lifecycle.
Increased security capabilities and personalized costs in cloud-based solutions drive adoption of cloud-based deployment
With a cloud-based DCIM solution, users can get more functionality and the ability to manage distributed computing environments. The 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 transformed into actionable insights to improve operations. Cloud-based DCIM software can be deployed easily and users will be able to gain real-time data center information and facilitate remote monitoring with exceptional ease. Cloud-based DCIM provides easy and fast upgrades, which offers better security against cyber attacks.
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North America to dominate the global cloud systems management market in 2021
North America houses a large number of data centers spread across the region. The DCIM market is expected to experience increasing demand for North America, due to its increased focus on energy efficient data centers. The main countries of the DCIM market in North America are the United States and Canada. Main providers offering DCIM in North America are Vertiv, Nlyte Software, Panduit and Sunbird Software. The high adoption rate of the data center network management solution is expected to fuel the growth of the market due to the huge presence of the existing data centers and vendors in the region. The introduction of the cloud computing platform has increased the number of data centers, and the increasing investments to create new large-scale data centers accelerate the demand during the forecast period.
The report also studies various growth strategies, such as mergers and acquisitions, partnerships and collaborations, and developments, adopted by leading players to expand their presence in the global DCIM market. The DCIM market includes major suppliers, such as ABB (Switzerland), CommScope (United States), Cormant (United States), Delta Electronics (Taiwan), Device42 (United States), Eaton (Ireland), FNT Softear (Germany), Graphics networks (United States), GreenField software (Oman), Huawei (China), Hypervue (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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