The global Data Center Infrastructure Management (DCIM) market is poised for substantial growth, with an estimated increase from USD 1,755.2 million in 2023 to USD 1,962.3 million in 2024. Forecasts predict the market will achieve a Compound Annual Growth Rate (CAGR) of 11.8% from 2024 to 2034, surpassing a valuation of USD 5,986.7 million by the end of this period.
As data centers expand and their operations become increasingly complex, the challenge of managing diverse components, such as servers, networking, and energy systems, continues to grow. DCIM solutions are becoming essential tools for monitoring, managing, and optimizing these critical components, ensuring seamless operations and minimizing the risk of downtime.
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The rising cost of energy and growing awareness of the environmental impact of data centers are placing additional pressure on these facilities to become more energy-efficient. DCIM tools play a crucial role in monitoring and optimizing energy consumption, identifying inefficiencies, and implementing measures to reduce overall power usage. These improvements not only contribute to lower operational costs but also support a smaller carbon footprint.
Key Takeaways from the Data Center Infrastructure Management Market Report:
- The data center infrastructure management industry experienced a robust CAGR of 9.7% during 2019-2023.
- The USA market is forecasted to grow at a CAGR of 8.6% from 2024 to 2034.
- Germany is expected to hold approximately 20.8% of the Western Europe market by 2034, reaching a valuation of USD 67.3 million.
- China dominates the East Asia market with a significant 62.9% share and is expected to maintain its leadership.
- The hardware segment leads in revenue generation, projected to account for around 42.9% of the market share by 2034.
Competitive Landscape
Key competitors in the data center infrastructure management market are investing in sophisticated technologies and forming alliances. Key data center infrastructure management companies have also been acquiring smaller players to expand their position and penetrate the market in numerous countries.
Leading Key Players:
- ABB
- CommScope
- Cormant
- Delta Electronics
- Device42
- Eaton
- FNT Software
- Graphical Networks
- GreenField Software
- Hyperview
Recent Industry Developments in Data Center Infrastructure Management Market
- In January 2024, CEQUENS has launched a strategic partnership with Lebara KSA for the monetization of international A2P SMS traffic. This collaboration aims to enhance the delivery of A2P SMS traffic to Lebara KSA’s network, providing better access to enterprises and OTTs, and blocking fraudulent and spam activities. The partnership is expected to improve customer experience through comprehensive monetization of overall international A2P SMS traffic.
- In August 2023 Route Mobile has partnered with Vodafone Idea to provide comprehensive A2P SMS monetization solutions for all A2P SMS traffic on Vodafone Idea’s network, including the erstwhile Vodafone and Idea networks. This collaboration aims to protect Vodafone Idea’s customers from spam and phishing by identifying and blocking malicious message traffic in real-time
- In May 2023 VOX Solutions has been appointed as the exclusive partner of Azercell Telecom, Azerbaijan’s leading mobile operator, to enable secure and high-quality direct termination of international A2P SMS traffic to Azercell’s network, which serves 48% of the country’s mobile customers. This partnership establishes an exclusive direct interconnection between VOX Solutions and Azercell Telecom, ensuring the secure and reliable delivery of A2P messages to Azercell’s 5 million retail and enterprise customers.
Data Center Infrastructure Management Market Segmentation:
By Component:
- Solution
- Services
By Application:
- Asset Management
- Capacity Planning
- Power Monitoring
- Environment Monitoring
- BI and Analytics
- Others (Automated Workflow and Change Management, and Auditing and Reporting)
By Deployment Model:
- On-premises
- Cloud
By Data Center Type:
- Enterprise Data Center
- Managed Data Center
- Colocation Data Center
- Cloud and Edge Data Center
By Vertical:
- BFSI
- Government and Public Sector
- IT and ITeS
- Manufacturing
- Healthcare and Life Science
- Telecommunications
- Others (Retail and E-Commerce, Education, and Media and Entertainment)
By Region:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
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