Key Players of Data Center Infrastructure Management (DCIM) Market are ABB Ltd., Cisco Systems Inc., Schneider Electric SE, Vertiv Group Co., ABB Ltd., Cisco Systems Inc., Schneider Electric SE and Vertiv Group Co.

SELBYVILLE, Del., September 6, 2022 /PRNewswire/ — Data Center Infrastructure Management Market Expected to Surpass $10 billion by 2030, as indicated in a research study by Global Market Insights Inc. The growing adoption of data centers has increased the demands for energy and power, which has, in turn, contributed to the expansion of the DCIM industry, the report asserts. To reduce the efficiency rate of power usage and increase efficiency, data center operators are implementing advanced management solutions such as smart rack PDUs, smart UPS systems, and power management systems. battery monitoring that will improve the quality of data center operations.

Accelerated development of Internet and broadband infrastructure for data center infrastructure management market demand

The telecommunications industry has experienced substantial growth in recent times. This can be attributed to the accelerated development of internet and broadband infrastructure for internet applications in several industry verticals. Hardened infrastructure is used to operate multiple low-end to high-end applications. This will further incentivize the increased deployment of data center infrastructure management systems, increasing the expansion of the industry till 2030.

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Although software technologies are increasingly being adopted, deploying and integrating them into the IT environment involves high upfront costs, which can hamper the growth of data center infrastructure management. These costs are very high due to the innovations and advancements in technology and the highly skilled professionals that are required to perform the initial deployments.

Growing demand for consultancy services to propel industry development

The services segment held a 30% market share in 2021. This can be attributed to the ability of consulting services to deploy DCIM solutions that are efficient and suitable for different requirements of organizations. With the growing demand for complex and large-scale IT infrastructures with increasing IT requirements, consulting and managed services will become essential for the optimization of asset function.

Growing demand for energy expertise in data center services to expand the business landscape

The energy segment accounted for a 5% share of the Data Center Infrastructure Management Market in 2021. Data center services need energy industry expertise to provide reliable and efficient support for software applications. Advanced data management solutions are needed for critical activities such as unconventional systems engineering and seismic interpretation, thus bolstering market demand.

Growing adoption of digitization in South America to support product demand

Geographically, the DCIM market is fragmented into North America, Europe, Asia Pacific, South Americaand Middle East & Africa. The South America the region should register a remuneration higher than $400 million by 2030. This growth is attributed to the surge in digitalization in various South American industries, which has increased data traffic and the deployment of robust data centers. The subsequent increase in the demand for data management and simplified data infrastructure will promote the regional development of the DCIM industry.

New product launches by leading players to support industry growth

ABB Ltd., Cisco Systems Inc., Schneider Electric SE, Vertiv Group Co., ABB Ltd., Cisco Systems Inc., Schneider Electric SE, and Vertiv Group Co. are some of the major companies operating in the DCIM market. Some companies focus on strategic product launches to strengthen their market position. For example, Schneider Electric SE launched its new DCIM product Ecostruxure IT in June 2022, as a redesign that complements the modern world of edge and hybrid computing. The new method, dubbed DCIM 3.0, enables CIOs to manage the infrastructure offered by colocation, public cloud services, edge resources, and on-premises resources.

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Partial chapters of the table of contents (TOC) of the report:

Chapter 2 Executive Summary

2.1 360º Synthesis of DCIM Industry, 2018 – 2028

2.1.1 Trade trends

2.1.1.1 TAM trends

2.1.2 Regional trends

2.1.3 Component trends

2.1.3.1 Solution Trends

2.1.3.2 Service trends

2.1.4 Application trends

Chapter 3 Overview of DCIM Industry

3.1 Impact of the coronavirus pandemic (COVID-19)

3.2 Industry Ecosystem Analysis

3.3 Technology and innovation landscape

3.4 Regulatory landscape

3.5 Profit Margin Analysis

3.6 Patent Analysis

3.7 Investment portfolio

3.8 Main initiatives by region

3.9 Industry impact forces

3.9.1 Drivers of growth

3.9.2 Industry Pitfalls and Challenges

3.10 Analysis of growth potential

3.11 Porter’s analysis

About Global Market Insights

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SOURCE Global Market Insights Inc.