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The data center infrastructure management (DCIM) solutions market size is estimated to grow by USD 7.55 billion at a CAGR of 19.38% between 2022 and 2027. The market's growth hinges on several factors, including a heightened emphasis on energy management and green initiatives, a rising number of hyperscalers and colocation providers in the data center sector, and the drive to reduce operational expenses while improving capacity planning. These trends reflect a broader shift towards more sustainable and efficient data center operations, driven by both environmental concerns and the need for cost-effective infrastructure solutions. Additionally, the increasing demand for data storage and processing capabilities is propelling the expansion of the data center market, further highlighting the significance of these factors.
It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.
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This market report extensively covers market segmentation by end-user (large enterprises and small and medium enterprises), application (asset and capacity management, energy management, power and cooling management, and network management), and geography (North America, APAC, Europe, Middle East and Africa, and South America).
The market share growth by the large enterprises segment will be significant during the forecast period. Factors such as ease of management and increasing demand for data centers, the large enterprise sector such as ABB, BGIS, and FNT have significantly contributed to the growth of the global DCIM solutions market as end users. For instance, to manage and analyze the vast amounts of data of large enterprises effectively, they need a solid and scalable infrastructure.
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The large enterprises segment was valued at USD 1.66 billion in 2017. Some of the key advantages of DCIM solutions include the optimization of data centers, increasing operational efficiency as well as improvement in overall performance. There has been an increasing demand for DCIM solutions due to the rising demand for more data center capacity and the need to cut operating costs. With the help of these solutions, data center equipment, power and cooling systems, and network connectivity can be monitored and managed efficiently, enhancing both resource efficiency and energy effectiveness. Thus, the rise in demand is expected to drive the growth of this segment, which, in turn, will drive the market growth during the forecast period.
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North America is estimated to contribute 40% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. One of the key reasons for the major market share of North America in this market is that the region has been an early adopter of IT infrastructure solutions as well as technologically mature. There has been an increasing demand for DCIM solutions in North America due to the high adoption rate of IoT and edge computing technologies in the region is creating huge data sets in data centers. As the data center operators are prioritizing on compiling the data center resources and opting for colocation services for infrastructure management, it is expected to drive the DCIM solutions market during the forecast period.
The market is witnessing a surge in demand driven by the growing focus on energy efficiency and the need for optimization initiatives. DCIM offerings, such as monitoring systems and asset management tools, are gaining prominence, enabling facility operators to achieve holistic visibility and improve infrastructure availability. Solutions from companies like Hyperview, Sunbird Software, and Nlyte Software are modernizing data centers, providing supplementary support for decision-making processes. The integration of new technologies is reducing reliance on disparate applications and databases, minimizing the risk of data accuracy issues such as manual data transcription and typographical mistakes. This modernization is crucial for the efficient management of critical infrastructure and ensuring the accuracy of configuration data. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
One of the key factors driving the market growth is the increased focus on energy management and green initiatives. One of the largest expenses in data centers' operational expenditures includes energy costs. There has been an increasing focus on the reduction of data centers' greenhouse gas emissions and carbon footprint. Enterprises are compelled to procure more resources due to the rapidly increasing data generation through IoT.
As the reduction of energy consumption by high-density devices and the use of renewable sources of energy are the new focus areas of data centers, there is a growing adoption of DCIM solutions which help to measure the energy consumption of the data center and the overall energy distribution across networks, racks, and servers in the data center. Hence, this increase in demand can significantly drive the market growth during the forecast period.
A key factor shaping the market growth is the increased use of analytics. Some of the key functionalities of DCIM software include visibility into the data centers and accurately measuring the available power capacity, space to add new equipment, and servers and network connectivity status. Additionally, it also helps the data center operators to monitor and take preventive actions and avoid factors that impact seamless operations.
The application of DCIM software/analytics involves enabling the data center operators to make real-time decisions about capacity utilization, power consumption, and space management attributes of data centers. Critical pieces of information are displayed with the help of the dashboards and summary, thus guiding the data center operators to make a firm decision about evaluating alternatives and efficient management of data center components. Such features are expected to drive the market growth during the forecast period.
The integration of APIs is one of the key challenges hindering the market growth. The integrations are one of the key components which are required to manage the data center ecosystem, and enterprises as well as required to select a DCIM software that easily integrates with the current systems of the enterprise.
As DCIM measures the impact of various integrations via APIs, it is one of the main components in the software but integration via APIs is challenging and time-consuming. Additionally, hybrid cloud deployment, IoT, and edge computing is expected to pose a significant challenge to the growth of the market. Thus, such factors are expected to hinder market growth during the forecast period.
The market report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Market Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
ABB Ltd: The company offers data center infrastructure management solutions that include intelligent grid connection, data center power distribution, data center power protection, and server room solutions.
The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.
The market is rapidly evolving with the advent of next-generation technologies and the increasing focus on optimization initiatives. These solutions play a crucial role in ensuring resource utilization and infrastructure optimization, helping organizations achieve their goals. However, successful implementation is key, as failed implementations can lead to dissatisfaction among customers and undermine trust in DCIM providers. DCIM solutions encompass various functional domains, including monitoring and management of equipment like chillers and cooling towers, as well as tracking real-time energy and environmental sensors. They provide insights into power usage and cooling statistics, enabling improved power efficiency and management of computing resources from traditional servers to cloud servers and edge data.
Furthermore, in today's environment, where the physical and digital worlds converge, a hybrid approach that combines on-premises and cloud-based solutions is increasingly favored. This approach is crucial for managing the complexities of data center traffic and the proliferation of IoT devices and smart devices, all while supporting digital transactions and the growth of cloud computing.
Market Scope |
|
Report Coverage |
Details |
Page number |
179 |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 19.38% |
Market growth 2023-2027 |
USD 7.55 billion |
Market structure |
Fragmented |
YoY growth 2022-2023(%) |
18.44 |
Regional analysis |
North America, APAC, Europe, Middle East and Africa, and South America |
Performing market contribution |
North America at 40% |
Key countries |
US, China, India, UK, and Germany |
Competitive landscape |
Leading companies, Market Positioning of companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
ABB Ltd., BGIS Global Integrated Solutions, Broadcom Inc., Carrier Global Corp., Cisco Systems Inc., CommScope Holding Co. Inc., Device42 Inc., Eaton Corp. Plc, FNT GmbH, Huawei Technologies Co. Ltd., Legrand SA, Modius Inc., Panduit Corp., Rackwise Inc., RF Code Inc., Schneider Electric SE, Siemens AG, Sunbird Inc., Unisys Corp., and Vertiv Holdings Co. |
Market dynamics |
Parent market analysis, Market Forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this market research report to meet your requirements.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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