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

Telecommunication Services Market Size will Escalate Rapidly in the Near Future

The global telecommunication services market is prophesied to lay its hands on a substantial growth due to the need of telecom operators to optimize their business processes. There is a rising pressure on telecom operators to grow in the current market and operate profitably owing to the industry’s increasing competition. New service launches and continuous mergers and acquisitions in the market are expected to further intensify the level of competition in the industry. Thus, competence needs and financial pressure could be among the top growth factors of the market. Anticipated to expand at a CAGR of 6.6% between 2017 and 2025, the global telecommunication services market could obtain a valuation of US$1.4 bn by the concluding forecast year. In 2016, it exhibited its prominence while securing a US$0.8 bn valuation. Get PDF Sample of This Report @  https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=38324 End-use vertical and package type are the ...
Post a Comment
Read more

RFID Tags Market is Expected to Grow at the Highest CAGR During the Forecast Period

Key players in the  U.S. RFID tags market  are Atmel Corporation, HID USA Corporation, Invengo Information Technology Ltd. Co., and NXP Semiconductors N.V. Competition among them and among other players are expected to heat up further over the course of next few years as they try to expand their market shares both via the inorganic route of mergers and acquisitions and organic route of product development and diversification. A report on the market published by Transparency Market Research finds that it would rise at an 8.5% CAGR over the course of the forecast period starting from 2017 and ending in 2025. At this pace, the market which was valued at US$809.4 mn in 2016, will likely become worth US$1,672.5 mn by 2025-end. Get PDF Sample of This Report @  https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=24536 The two types of RFID tags available in the market are active and passive tags. Between the two, the demand for passive RFI...
Post a Comment
Read more

Automotive EGR Gas Temperature Sensor Market Anticipated To Surge With An Impressive CAGR Of 2025

In an IC engine, EGR (exhaust gas recirculation) gas temperature sensors are used to measure the temperature of the exhaust system. EGR is a technique that is utilized to reduce the nitrogen oxide emissions in petrol/diesel engines. Exhaust gases are reintroduced into the engine combustion chamber to cool the combustion flame. Some vehicles employ an EGR temperature sensor to determine EGR operation. This information is used by the powertrain control module (PCM) to regulate the EGR operation. EGR gas temperature sensor is located in front of the Diesel Oxidation Catalyst (DOC) and in front of the Diesel Particulate Filter (DPF). It detects the exhaust gas temperature and converts it into a voltage and transmits this signal to the engine ECU in order to control engine conditions to effectively reduce emission. EGR bypass valve function diagnostic as well as thermal protection. Gas temperature sensors are employed in various applications such as petrochemicals, automotive s...
Post a Comment
Read more