Cloud Hosting

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$ 3.3 billion, and by 2032, it will be worth US$ 13.5 billion.

The emergence of next-generation DCIM offerings, the mandate of the data centre optimization 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.

Businesses are using cloud-based DCIM solutions to manage data centre operations during COVID-19 because they allow for the remote execution of routine tasks. Demand for DCIM is anticipated to rise in 2020 and 2021 as a result of its efficient management of data centre operations. To safeguard employee well-being and maintain operational efficiency, many organizations across industries have adopted the work-from-home model, increasing demand for cloud-based solutions.

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With the increasing modernization ofdata centres, thedemand for end-to-end visibilityacross infrastructure has become the most difficult task fordata centreoperators.With the introduction of new and additional technologies, thedata centre businessis undergoing a substantial transformation.DCIMis one such solution that is gradually being utilised bydata centre, IT, and facility operators in order to acquire holistic insight into essentialdata centreinfrastructure information such as operations, configuration, and resource consumption.

Most businesses are rapidly dispersing their computer resources across many settings, such ascloud servers,edgedata centres, and physical systems.DCIMhas grown into significant infrastructure optimization software. Although some organisations have reported successfulDCIMinstallations, the number of unsuccessful implementations cannot be underestimated.

One of the primary causes for failed installations is a significant gap between what clients want and whatDCIMsuppliers offer.DCIMdeployment might be complicated in a data centre with several functional areas.Asia Pacificis one of the most rapidly increasing regions in theData Centre Infrastructure Management (DCIM) market, with significant expenditures ondata centredevelopment.

The main nations, such asChinaandJapan, are experiencing massive investments in sectors such asBFSI, retail,healthcare, manufacturing, telecommunications, and IT, which have resulted inAPACcountries expansion and economic growth.

The proliferation of internet-enabled gadgets will drive up demand for data centres in this region. This surge in development has accelerated the expansion of data centre buildings in the area, which is likely to accelerate the use ofData Centre Infrastructure Management (DCIM) solutions and services.As part of the green push, governments around the area are crafting new energy efficiency legislation ranging from carbon emission taxation to efficient electricity consumption, among other things. Such regulatory constraints necessitate the use ofDCIM softwareto managedata centres.

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Key Takeaways:

COMPETITIVE LANDSCAPE:

ABB Ltd., Commscope, Inc., Cormant, Inc., Eaton Corp. PLC and IBM Corp. lead theData Centre Infrastructure Management (DCIM) market.

Key Segments

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Data Center Infrastructure Management Market Projected to Reach ... - Market Research Blog