Skip to main content

Data Center Infrastructure Management (DCIM) Market - IT and Telecom Leading Consumers of DCIM Solutions and Technology

There are numerous players engaged in providing data center infrastructure management (DCIM) solutions, the prominent ones being Emerson Network Power, Inc., Schneider Electric SE, Panduit Corp., Johnson Controls, Inc., Siemens AG, Commscope, Inc., Nlyte Software, Inc., FNT GmbH, Eaton Corp. PLC, and CA Technologies, Inc. These top 10 companies accounted for a 50% share in the global DCIM market in 2015, indicating the presence of a fragmented competitive landscape.
Transparency Market Research has observed that the rivalry among existing companies in the Data Center Infrastructure Management Market is presently high as leading players are acquiring smaller enterprises to gain market share. New product development, business partnerships, and diversification are also key strategies adopted by the leading companies to remain competitive. For example, In 2015, Emerson Electric Company announced the launch of its spinoff Emerson Network Power, Inc. this not only strengthened its thermal and infrastructure management solution portfolio but also provided a significant boost to its portfolio of DCIM solutions.
Data Center Infrastructure Management (DCIM) Market: Snapshot
The data center infrastructure management (DCIM) market is expected to witness a surge in demand across the globe owing to its increased emphasis on energy-efficient data centers. The growing impact of regulatory norms pertaining to data centers is also expected to accelerate the demand for DCIM solutions.
DCIM solution vendors include IT asset management providers, facility management providers, and consulting service providers, and together, they are anticipated to drive the global market at a CAGR of 21.1% during the forecast period of 2016 to 2024. The revenue of the global DCIM market stood at US$529.5 mn in 2015 and is projected to reach US$2,859.2 mn by 2024.
Government Regulations Compelling Establishment of Green Data Centers
“The surging usage of internet across the globe has resulted in the generation of massive amounts of data, which in turn, has driven the growth of data centers,” states the author of the study. Most data centers operate round the clock and consume significant amounts of energy for lighting, cooling, heating, and IT equipment. “Data centers today are prompted to curb energy consumption and optimize efficiency and DCIM solutions have fulfilled this very demand. This is one of the key factors fueling the data center infrastructure management market,” the analyst says.
The market is also anticipated to be driven by the rise in government regulations pertaining to carbon emissions. “Governments around the world have been paying increased attention to the alarming rise in carbon emissions and are enforcing regulations to drive companies to build and use green data centers,” the analyst comments. The DCIM market is projected to benefit from this emerging trend in the coming years.
On the down side, the lack of expertise and awareness regarding the benefits of DCIM solutions are likely to inhibit the growth of the global market. High initial investment also acts as a barrier for several small-to-medium enterprises.
This 251-page report gives readers a comprehensive overview of the Data Center Infrastructure Management (DCIM) Market. Browse to unlock the hidden opportunities in this market@
Opportunity in Global DCIM Market to Near US$3 bn by 2024
The opportunity in the global DCIM market stood at US$529.5 mn in 2015 and is likely to be worth US$2,859.2 mn by 2024, registering a strong CAGR of 21.1% from 2016 to 2024. By solution, the DCIM market was led by IT asset management. This segmented generated US$253.7 mn in terms of revenue in 2015 and is expected to reach US$1,480.8 mn by 2024. The segment is also projected to emerge as the most rapidly developing solution type, registering a 22.2% CAGR during the forecast period.
On the basis of component, the IT assets were the key contributors to the DCIM market and will continue their lead through 2024. DCIM software, on the other hand, will exhibit strong growth over the course of the forecast period. The IT sector was the leading industry vertical using DCIM solutions while the healthcare sector will register remarkable growth. Geographically, North America is not only the leading segment in terms of revenue but will also emerge as the fastest expanding regional segment by the end of the forecast period.

Comments

Post a Comment

Popular posts from this blog

Mobile Printing Market: Comprehensive Evaluation Of The Market Via In-Depth Qualitative Insights

Mobile printing let end-users print documents when they are in traditional network of away from it The mobile printing enables end-users to print from their devices to any mobile printing application enabled printer located in the office, public print location or at home. Mobile printing is wireless and provides high degree of efficiency to its end-users. It uses 802.11 networking or Bluetooth to communicate and can be used on both local area network (LAN) and wide area network (WAN). Thermal based technology is being used in mobile printing to provide high quality output. There are two types of thermal printing methods which are uses in mobile printing namely direct thermal and thermal transfer. With the help of mobile printing technology the security of the device and system will be enhanced, as an individual is able to set password to prevent unauthorized access, in case of remote printing over internet.. Furthermore, mobile printing reduces need for individual printers on every d
Post a Comment
Read more

Growing Industrialization will Influence the Oil Condition Monitoring Market Growth

Major players in the global oil condition monitoring market are Bureau Veritas, Intertek, Parker Hannifin Corporation, Castrol Limited, Spectro Analytical Instruments, General Electric Company, and Insight Services Unveils TestOil Oil is an important resource used in various machineries and engines in order to provide lubrication and for temperature regulation. After prolonged usage, oil starts to lose out on its properties and becomes less functional. Using such oil can damage the engine or machinery in which it is being used. Hence, it is necessary to keep a check on the condition of oil and replace or upgrade it after its optimum usage. Oil condition monitoring means keeping a timely check on the quality of oil that is being deployed in the system and taking the necessary steps so that the oil serves its purpose to the fullest. The monitoring also helps in increasing the efficiency of the machine, reduces downtime, and reduces cost, thereby increasing profits. Request A Sampl
Post a Comment
Read more

Communications Electronics Cooling Systems Market Growth to be Stimulated by Brisk Technological Expansions

The Electronic cooling systems have wide range of applications in many industrial domains for their nature of keeping the electronic device cool and maintain the temperatures optimally required by the device. There are various cooling techniques that includes heat sinks, thermoelectric coolers, forced air systems, fans, and heat pipes. However in case of low environmental temperatures, the devices may require to heat it to maintain the temperature required by the device to achieve satisfactory operation. Also the electronic circuits generate lots of heat and thus maintaining the temperature increases the reliability and shelf life of the device. These electronic cooling systems have wide applications in personal computers, soldering, batteries, and other electronic component and devices. There are software that are designed for thermal simulation of electronic devices. There are various methods through which heat is being sink in the devices that includes cold plates, fans, high condu
Post a Comment
Read more