What is Global Data Center Infrastructure Management (DCIM) Solutions Market?
The Global Data Center Infrastructure Management (DCIM) Solutions Market is a rapidly expanding sector that focuses on providing comprehensive solutions for managing the infrastructure of data centers worldwide. These solutions are designed to help businesses monitor, measure, manage, and control their data center utilization and energy consumption of all IT-related equipment and facilities. They also provide a holistic view of a data center's performance so that energy, equipment, and floor space are used as efficiently as possible. The DCIM solutions market is driven by the increasing demand for energy-efficient data centers, the need for disaster recovery solutions, and the growing trend of cloud adoption among organizations. The market also benefits from the increasing demand for colocation facilities and the growing need for real-time data access.
Hardware Devices, Software System in the Global Data Center Infrastructure Management (DCIM) Solutions Market:
The Global Data Center Infrastructure Management (DCIM) Solutions Market is segmented into hardware devices and software systems. Hardware devices include servers, storage devices, and network equipment, while software systems encompass management and monitoring tools, virtualization software, and operating systems. These components work together to ensure the smooth operation of data centers. The hardware devices are responsible for storing and processing data, while the software systems manage and monitor the data center's performance. The software systems also provide a user-friendly interface for data center operators to control and manage the data center's operations. The demand for these solutions is driven by the increasing need for high-performance computing, the growing volume of data, and the rising need for data security and privacy.
Energy Management, Power Management, Network Management in the Global Data Center Infrastructure Management (DCIM) Solutions Market:
The Global Data Center Infrastructure Management (DCIM) Solutions Market is widely used in various areas such as energy management, power management, and network management. In energy management, DCIM solutions help data centers monitor and control their energy consumption, thereby reducing their carbon footprint and operational costs. In power management, these solutions ensure the efficient distribution of power to the data center's equipment, thereby preventing power outages and ensuring the continuous operation of the data center. In network management, DCIM solutions help data centers monitor and control their network traffic, thereby preventing network congestion and ensuring the smooth flow of data. These solutions also provide real-time visibility into the data center's operations, enabling data center operators to make informed decisions and improve their data center's performance.
Global Data Center Infrastructure Management (DCIM) Solutions Market Outlook:
The Global Data Center Infrastructure Management (DCIM) Solutions Market has shown significant growth in recent years. In 2023, the market was valued at US$ 5319.2 million. However, it is projected to reach a staggering US$ 20650 million by 2030. This indicates a Compound Annual Growth Rate (CAGR) of 21.0% during the forecast period from 2024 to 2030. This substantial growth can be attributed to the increasing demand for efficient data center operations, the growing need for energy-efficient solutions, and the rising trend of cloud adoption among organizations. The market's growth is also fueled by the increasing need for disaster recovery solutions and the growing demand for colocation facilities.
| Report Metric | Details |
| Report Name | Data Center Infrastructure Management (DCIM) Solutions Market |
| Accounted market size in 2023 | US$ 5319.2 million |
| Forecasted market size in 2030 | US$ 20650 million |
| CAGR | 21.0% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| By Region |
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| By Company | Nlyte, Panduit, Schneider Electric, Sunbird, Vertiv |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
