Asia Pacific To See Highest Growth Rate in Data Center Infrastructure Management Market in the coming Years
2021 - 2028 Global Data Center Infrastructure Management Market
The Global Data Center Infrastructure Management Market is accounted for $1.78 billion in 2021 and is expected to reach $4.05 billion by 2028 growing at a CAGR of 12.5% during the forecast period. Datacenter infrastructure management refers to the convergence of core physical or hardware-based resources and components, including all IT infrastructure devices, equipment, and technologies that comprise a data center within an organization. DCIM is controlled by power usage, heat densities, virtualization and data center consolidation, cloud computing and raising IT system dependency. With growing demand for data center virtualization, business migration into private clouds, and operating cost efficiency, the Data center network management market has emerged as the main market for IT and facility management vendors. It aids in observing environmental conditions and capturing detailed information in real-time. It also aggregates and analyzes power usage effectiveness (PUE) and cooling system energy efficiency using energy-monitoring sensors. The on-premises segment is estimated to have a lucrative growth, as it offers consistent and secure data collection, reporting, and alerting for an individual environment. North America is projected to hold the largest market share during the forecast period due to the expansion of mobile broadband, growth in cloud computing, and big data analytics in the region. APAC is one of the fastest growing regions in the data center infrastructure management market and has witnessed huge investments in data center construction.
Some of the key players profiled in the Data Center Infrastructure Management Market include ABB Group, Cisco Systems, Inc., Dell Technologies, Inc., Hewlett Packard Enterprise Company, Delta Electronics, Inc., Huawei Technologies Co., Ltd, Schneider Electric SE, Siemens AG, IBM Corporation, Eaton Corporation PLC, CommScope, and Vertiv.
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