Data Center Infrastructure Management Market Size and Share, Business Opportunities, Regional Demand, Revenue and Key Manufacturers Forecast to 2028

According to our new research study on "Data Center Infrastructure Management Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Component, Data Center Type, Application, End User, and Geography," the market is projected to reach US$ 5,781.80 million by 2028 from US$ 1,881.60 million in 2021; it is estimated to grow at a CAGR of 15.4% from 2021 to 2028.

The data center infrastructure management industry is segmented into component, data center type, application, and end user. Based on the component, the data center infrastructure management market is segmented into solution and services. Based on data center type, the data center infrastructure management market is segmented into Tier I & II, Tier III, and Tier IV. Based on application, the data center infrastructure management market is segmented into asset management, cooling management, network management, security management, and power management. Based on end user, the market is segmented into BFSI, manufacturing, IT & Telecom, government, healthcare, and others. Based on geography, the global data center infrastructure management market is segmented into five major regions-North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SAM).

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The Data Center Infrastructure Management market is highly competitive, attributed to the presence of certain key players, including IBM, Schneider Electric, and Siemens. Market players operating in the Data Center Infrastructure Management market are expanding their product portfolio by focusing on increased power consumption capacities and lower space requirements. For example, in January 2019, nVent Schroff GmbH unveiled its SCHROFF RackPower Intelligent Power Distribution Unit (PDU) platform for networking and data center infrastructure, chiefly for customization, to address unique customer requirements and provide easy configuration with no minimum quantity restrictions. Also, their capability to constantly innovate their offerings has enabled them to gain a competitive advantage over other players. Through R&D, strategic partnerships, and mergers and acquisitions, they have been capable to attain a stronger position in the Data Center Infrastructure Management market.

Top Listed Companies in Data Center Infrastructure Management Market are -

•Schneider Electric SE
•Nlyte Software Limited
•Sunbird Software, Inc.
•Device42, Inc.
•UnityOneCloud
•Panduit
•Cormant, Inc.
•Ansys, Inc.
•Eaton Corporation plc
•Vertiv Holdings Co.

The DCIM market is propelled by the requirement to manage limited space and high rack densities, intending to reduce IT system downtime. As per the AFCOM estimations, the current rack density is valued at 16.9 kW in data centers. As per the study conducted by the Data Centers Association (AFCOM), approximately 67% reported a rise in rack density in the past three years. Furthermore, the study highlights that with an average power density of ~7 kilowatts per rack, several data centers face challenges in managing their IT workloads with traditional air-cooling methods. Additionally, the rising demand for cloud and data traffic moving from and within the data centers is anticipated to propel the DCIM market growth over the forecast period. As per Cisco Systems, the cloud data center IP traffic is expected to reach 19,509 exabytes per year by 2021, in comparison to 1,046 exabytes/year of traditional data center traffic.

With the increased use of Internet of Things (IoT), Cisco estimates that 50 billion devices will be connected by 2020, resulting in tremendous amounts of data creation. Data center IP traffic is expected to exceed 20.6 Zettabytes per year by the end of 2021, up from 6.8 ZB in 2016. Cloud provides a solution by supplying dependable services to its users through data centers based on virtualization technology. A single system can operate as numerous virtual machines and independently handle requests from different users. Customers can use cloud-based on-demand services from anywhere in the world. Thus, the increase in data center IP traffic will boost the demand for data center infrastructure management.

Reason to Buy

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Data Center Infrastructure Management Market.
•Highlights key business priorities in order to guide the companies to reform their business strategies and establish themselves in the wide geography.
•The key findings and recommendations highlight crucial progressive industry trends in the Data Center Infrastructure Management Market, thereby allowing players to develop effective long-term strategies in order to garner their market revenue.
•Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
•Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those restraining the growth at a certain extent.

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Impact of COVID-19 Pandemic on Data Center Infrastructure Management Market

Owing to the ongoing COVID-19 outbreak, governments in regions such as Europe, Asia Pacific, and North America have imposed stringent limitations on corporate activity and the movement of products and persons. These variables are expected to impact both supply and demand for data center infrastructure services, affecting the worldwide data center infrastructure management market's revenue growth, particularly in 2021. The market is likely to stabilize in 2022, and the market will see growth from 2022 to 2028.

Data centers offer enterprises higher data storage capacity, advanced servers, and faster computing capability. There is a rising need for scalable data centers from industries across all domains. The growing dependence of businesses on data centers is one of the prime factors driving the market. Data centers find their uniform application across various industries, namely IT & telecom, BFSI, government utilities, healthcare, energy, manufacturing, retail, education, and others. Data center is used by organizations to host web applications, save, process, and access huge data, as well as execute critical tasks.

The Data Center Infrastructure Management Market Company Profiles are individually represented for all major participants and indices such as Financial Performance, Strategic Initiatives, Product Portfolio & Company Overview.

Company Overview:

Company overview provides the information about location of the company where it is headquartered along with the established year, employee strength as of 2017, regions where the company is operating and the key business areas.

Financial Performance:

Overall company/segment revenue for the year 2019, 2018, and 2017 is provided in the sub title "Financial Performance" (public listed companies) along with the analysis and explanation of the increase or decrease in the same due to factors such as mergers & acquisition, profit or loss in any strategic business unit (SBUs) and others.

Product Benchmarking:

Product benchmarking comprises the comprehensive list of products pertaining to the respective market along with the application and key features.

Strategic Initiatives:
Insights pertaining to the new product launch, strategic collaboration, mergers and acquisition, regulatory approval, and other developments by the company in market are covered under strategic initiatives section.

We are keen to understand what additional information if included will help you in your business endeavor. We also hold the expertise to customize the reports based on any specific countries/regions, segmentations, companies, etc. of your choice. Hence you can share your specific requirements, if any.

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