Press Release
The global data center infrastructure management (DCIM) market generated a revenue of $1.5 billion in 2020 and it is set to exhibit rapid expansion from 2020 to 2030 (forecast period), as per the estimates of the market research company, P&S Intelligence. The market is being driven by the burgeoning requirement for gaining end-to-end visibility to predict capacity management requirements, rising focus on improving energy efficiency and data center uptime, soaring need for a low carbon footprint and sustainability, and surging number of hyperscale data centers across the world.
Enterprises must plan their data center strategy in such a way that the systems never breakdown. Moreover, data center managers must make sure that their data center strategy can cope with the evolving needs of organizations. DCIM provides insights and visibility by monitoring several parameters, such as security uptime, network operations, and the performance of computers and data center servers, and addressing network issues when they arise. Thus, DCIM assists organizations in improving their decision-making process and data center managers in improving the uptime of data centers.
Depending on application, the DCIM market is divided into capacity planning, environmental monitoring, asset management, power monitoring, and business intelligence (BI) and analytics categories. Out of these, the asset management category is predicted to dominate the market in the coming years. This is ascribed to the fact that data centers are becoming highly complex in nature and the use of traditional methods, such as spreadsheets, pen, and paper cannot assist in tracking the performance of assets. Moreover, an average error rate of 15% should be expected when using these obsolete processes.
When deployment model is taken into consideration, the market is classified into cloud and on-premises. Of these, the on-premises category is predicted to hold larger share in the upcoming years. DCIM systems collect data from various sensors and monitor infrastructure availability, humidity, power consumption, temperature, and airflow and thus, play a critical role for enterprises. Globally, the Asia-Pacific (APAC) region is expected to be the fastest-growing region in the DCIM market in the years to come.
