iCrowd Newswire
22 Jan 2022, 07:02 GMT+10
According to a new market research report "Data Center Infrastructure Management Market with COVID-19 Impact Analysis, By Component, Application (Asset Management, Power Monitoring, and Capacity Management), Deployment Model, Data Center Type, Vertical and Region - Global Forecast to 2026″ published by MarketsandMarkets, the global Data Center Infrastructure Management (DCIM) market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 11.2% during the forecast period, to reach USD 3.2 billion by 2026 from USD 1.8 billion in 2021. The DCIM software enables a broader data center ecosystem, ranging from enterprise to edge and cloud data centers. As most workloads still exist in enterprise data centers, the need for optimizing data center operations becomes critical to organizations using enterprise data centers. Similarly, colocation, managed, and cloud data centers require a robust and holistic data center optimization technology for the overall data center efficiency. The DCIM software fulfills these requirements and provides its users end-to-end visibility across a data center infrastructure, including data center assets, power, cooling, and day-to-day operations in real-time. By providing end-to-end visibility, DCIM ensures better asset and resource availability, energy and workflow efficiency, asset management, and capacity planning.
Browse and in-depth TOC on "Data Center Infrastructure Management Market"
287 - Tables
48 - Figures
246 - Pages
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=576
The market is expected to be driven by the functionalities of asset management, which allows to effectively manage all the assets of data center facilities and prevents from any downtime
Asset management enables data center teams to record all the information associated with all the components of data centers and provides updates on them. It mainly tracks components of data centers, such as servers, racks, PDUs, networking equipment, devices, device modules and blades, floor-mounted facilities, and all software and virtual assets. (operating systems, VM software, utilities, and applications). Asset management tracks all these entities by recording information related to device ID, IP address, business unit/department, location, manufacturer, user-defined properties, association warranty, service contacts, and service cycles, and lifecycle of hardware and software.
Increased security capabilities and customized costing in cloud-based solutions is driving the adoption of cloud-based deployment
With a cloud-based DCIM solution, users can get more functionality and the ability to manage distributed IT environments. Cloud-based DCIM is also able to connect to a data lake that stores information from data centers and edge sites. With the use of AI and ML, data can be turned into actionable insights to improve operations. The cloud-based DCIM software can be deployed easily, and users will be able to get real-time insights into data centers and can facilitate remote monitoring with exceptional ease. Cloud-based DCIM provides easy and quick upgradations, which offers better security against cyberattacks.
Request a Sample Pages @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=576
North America to dominate the global cloud system management market in 2021
North America is home to a large number of data centers spread across the region. The DCIM market is expected to see a growing demand in North America, due to its increased emphasis on energy-efficient data centers. The major countries in the DCIM market in North America are the US and Canada. Major vendors offering DCIM in North America are Vertiv, Nlyte Software, Panduit, and Sunbird Software. The high adoption rate of the data center network management solution is expected to fuel market growth due to the considerable presence of the existing data centers and vendors in the region. The introduction of the cloud computing platform has increased the number of data centers, and the growing investments to create new hyper-scale data centers are accelerating the demand during the forecast period.
The report also studies various growth strategies, such as mergers and acquisitions, partnerships and collaborations, and developments, adopted by the major players to expand their presence in the global DCIM market. The DCIM market includes major vendors, such as ABB (Switzerland), CommScope (US), Cormant (US), Delta Electronics (Taiwan), Device42 (US), Eaton (Ireland), FNT Softeare (Germany), Graphical Networks (US), GreenField Software (Oman), Huawei (China), Hyperview (Canada), Intel (US), Modius (US), Nlyte Software (US), Optimum Path (US), Panduit (US), Patchmanager (Netherlands), Rackwise (US), RF Code (US), Rittal (Germany), Schneider Electric (France), Siemens (Germany), SolarWinds (US), Sunbird Software (US), UnityOneCloud (US), and Vertiv (US).
Browse Adjacent Markets @ Data Center and Networking Market Research Reports & Consulting
About MarketsandMarkets™:
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pain points around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Email: sales@marketsandmarkets.com
MnM Blog: https://mnmblog.org/
Visit Our Website: https://www.marketsandmarkets.com
Content Source: https://www.marketsandmarkets.com/PressReleases/dcim-market.asp
Tags: Data Center Infrastructure Management Market analysis, Data Center Infrastructure Management, Data Center Infrastructure Management Market Size, Data Center Infrastructure Management Market, DCIM Market size, DCIM market trends, DCIM market, Data Center Infrastructure Management Market Trends
See Campaign: http://www.marketsandmarkets.com/Market-Reports/data-center-infrastructure-management-market-576.htmContact Information:Mr. Aashish Mehra
MarketsandMarkets INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441Tags:Reportedtimes, PR-Wirein, Menafn, Extended Distribution, Research Newswire, English
Get a daily dose of Philadelphia Herald news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Philadelphia Herald.
More InformationSYDNEY, NSW, Australia - Stocks in Asia generally moved higher on Monday despite continuing concerns over a potential global recession.U.S. ...
WASHINGTON D.C.: Due to surging food prices, summer cookouts for the U.S. Independence Day holiday are more expensive, forcing Americans ...
WASHINGTON D.C.: In a cardboard box factory outside Baltimore, people have been walking into the office of Paul Centenari, chief ...
DELFT, Netherlands: IKEA officials said this week that the furniture retailer's warehouses in Europe are as full as they were ...
NEW YORK CITY, New York: After the first six months of 2022, the S&P 500 recorded a loss of 20.6 ...
WASHINGTON D.C.: Due to the record high trade deficit and a resurgence in COVID-19 infections that curbed spending on services, ...
BRUSSELS, Belgium: Negotiations on a free trade agreement between the European Union and New Zealand ended successfully this week, paving ...
CAIRO, Egypt: Egyptian authorities have prohibited swimming in a stretch of the Red Sea after an Australian woman was killed ...
NEW YORK CITY, New York: Bette Nash, age 86, has been named the longest serving flight attendant in the world, ...
LONDON, England: A UK parliamentary committee has told lawmakers that they may not bring babies to parliamentary proceedings and debates.The ...
WASHINGTON D.C.: Hershel "Woody" Williams, the final surviving Medal of Honor recipient from World War Two, has died at a ...
SEATTLE, Washington: A Norwegian cruise liner has canceled its sailing and returned to port after damage was discovered following its ...