Market Overview:
The data center infrastructure management (DCIM) market refers to the tools, software, and services used to monitor, manage, and optimize the performance, efficiency, and availability of data center infrastructure, including servers, storage systems, power and cooling equipment, and network devices. Advantages of DCIM include Real-time monitoring and analysis of infrastructure performance and availability, Improved energy efficiency and cost savings through better utilization of resources, Better capacity planning and resource allocation based on actual data usage and trends, Enhanced security and compliance through centralized management and access control, Simplified management and troubleshooting of complex data center environments, Increased uptime and reliability through proactive monitoring and predictive maintenance. Uses of DCIM includes Asset management: tracking and inventory of physical and virtual assets across multiple data centers; Capacity planning: forecasting and analysis of resource utilization and availability, and optimizing capacity allocation; Energy management: monitoring and controlling power and cooling systems to improve efficiency and reduce energy consumption; Performance monitoring: real-time monitoring and analysis of infrastructure performance and availability, including network traffic and application performance; Change management: tracking and managing changes to the data center environment, including equipment upgrades, replacements, and decommissioning, among others
The adoption of DCIM has been driven by the increasing demand for data center efficiency, scalability, and agility, as well as the growing complexity of modern data center environments. DCIM solutions have become increasingly popular among enterprises and data center operators, as well as cloud service providers, government agencies, and other organizations that rely on data centers for their operations.
The increasing demand for effective data center management is driving the growth of the Data Center Infrastructure Management (DCIM) market.
The data center infrastructure management (DCIM) market is growing rapidly due to the increasing demand for efficient management of data centers. DCIM is a tool that helps organizations manage their data center infrastructure by providing real-time monitoring, management, and analysis of data center resources, including power, cooling, and space. The growing adoption of cloud-based services and the increasing use of mobile devices are driving the demand for data centers worldwide, leading to the growth of the DCIM market. The DCIM market is also driven by the need to reduce energy consumption, lower operational costs, and increase the efficiency of data center operations. DCIM offers several advantages, including the ability to monitor and control all aspects of the data center infrastructure, including power, cooling, and space. It also provides real-time alerts and notifications, enabling IT administrators to respond quickly to any issues that may arise.
Moreover, DCIM helps organizations optimize their data center resources, enabling them to reduce energy consumption and lower operational costs. It also helps organizations plan for future growth by providing insights into data center capacity and resource utilization. The DCIM market is used across various industries, including healthcare, banking, financial services, and insurance (BFSI), government, telecom and IT, and others. DCIM is also used by colocation providers and managed service providers to manage data center infrastructure for their customers.
Segmentation:
By Component
· Solution
· Services
By Deployment Model
· On-Premise
· Cloud
By Industry Vertical
· IT & Telecommunication
· BFSI
· Government and Public Sector
· Healthcare and Life Sciences
· Manufacturing
· Others
Geography:
North America is currently the dominating region in the Data Center Infrastructure Management market, followed by Europe and Asia Pacific. North America dominates the DCIM market due to the high adoption of data centers and cloud-based services in the region. Europe is the second-largest market due to the growing demand for energy-efficient data centers and the increasing adoption of cloud-based services. North America dominates the Data Center Infrastructure Management market due to the presence of a large number of data centers and technology companies in the region. The region has been an early adopter of advanced data center technologies and has a highly developed IT infrastructure. Additionally, there has been significant investment in cloud computing and big data analytics, which has increased the demand for data centers and subsequently for data center infrastructure management solutions. Moreover, the region has favorable government policies and regulations supporting the growth of the data center industry, making it an attractive destination for data center infrastructure management providers. Overall, these factors have contributed to the dominance of North America in the Data Center Infrastructure Management market.
Impact of COVID-19 on the global Data Center Infrastructure Management Market:
The COVID-19 pandemic has had both positive and negative impacts on the Data Center Infrastructure Management market. On the one hand, the sudden shift to remote work and online activities due to the pandemic has increased the demand for data centers and data center management solutions. On the other hand, supply chain disruptions and the slowdown in the construction of new data centers have had a negative impact on the market. Additionally, the economic slowdown caused by the pandemic has resulted in budget cuts for many companies, which may have affected their investment in data center infrastructure management solutions. However, the increasing adoption of cloud computing and the need for more efficient data center operations is expected to continue driving the growth of the market in the post-COVID era.
Impact of the Russia-Ukraine War on the global Data Center Infrastructure Management Market:
The ongoing Russia-Ukraine conflict has the potential to impact the Data Center Infrastructure Management market, particularly in the European region. Many data centers in Europe are located in countries that are part of the European Union, and the conflict could disrupt the supply chain and affect the availability of components and equipment required for the construction and maintenance of data centers. Additionally, the political instability and economic uncertainty caused by the conflict could affect the investment decisions of companies operating in the region. However, the extent of the impact on the market is difficult to predict and will depend on the duration and severity of the conflict.
Company Profiles:
· Schneider Electric SE
· Emerson Electric Co.
· Vertiv Co.
· Nlyte Software Inc.
· ABB Ltd.
· Siemens AG
· CA Technologies (Broadcom)
· FNT GmbH
· Johnson Controls International plc
· Device42 Inc.
· Cormant Inc.
· Raritan Inc. (Legrand)
· Eaton Corporation plc
· Sunbird Software Inc.
· Panduit Corp.
We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.
Market Research Process
We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.
One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).
The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research
The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.
In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.
Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.
Business Solution
An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.
Conclusion
The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.
Only Three Thousand Nine Hundred Fifty US dollar
Only Four Thousand Nine Hundred Fifty US dollar
Only Five Thousand Nine Hundred Fifty US dollar