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The data center infrastructure management (DCIM) solutions market size is estimated to grow at a CAGR of 19.38% between 2022 and 2027. The market size is forecast to increase by USD 7,556.47 million. The growth of the market depends on several factors, including increased focus on energy management and green initiatives, increasing number of data center hyperscalers and colocation providers, and reduced OPEX and enhanced capacity planning.
This data center infrastructure management (DCIM) solutions 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). 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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Increased focus on energy management and green initiatives are notably driving the market growth, although factors such as integration of APIs may impede the market growth. 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 data center infrastructure management (DCIM) solutions 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 data center infrastructure management (DCIM) solutions market growth during the forecast period.
A key factor shaping the data center infrastructure management (DCIM) solutions 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 data center infrastructure management (DCIM) solutions market growth during the forecast period.
The integration of APIs is one of the key challenges hindering the data center infrastructure management (DCIM) solutions 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 global DCIM solutions market. Thus, such factors are expected to hinder the data center infrastructure management (DCIM) solutions 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.
Global Data Center Infrastructure Management (DCIM) Solutions Market Customer Landscape
Vendors 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 vendors, including:
Qualitative and quantitative analysis of vendors 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 vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.
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, in order 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 1,666.83 million in 2017 and continued to grow until 2021. 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 data center infrastructure management (DCIM) solutions 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.
In 2020, during the COVID-19 pandemic, the growth of global data center infrastructure management (DCIM) solutions market witnessed a significant increase in the restrictions imposed in various industries such as IT and banking, financial services, and insurance (BFSI) to curb the spread of the disease during the lockdowns increased the demand for digital and online transactions. However, in 2021, the initiation of large-scale vaccination drives?lifted the lockdown and travel restrictions, which led to the resumption of business operations by several data centers in North America which increased the demand for DCIM solutions. Such factors are expected to drive the market during the forecast period.
The data center infrastructure management (DCIM) solutions 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.
Technavio categorizes the global data center infrastructure management (DCIM) solutions market as a part of the global Internet services and infrastructure market within the global Information technology (IT) services market. The super parent global IT services market cover companies offering IT consulting and system integration services, application services, electronic data processing services, business process outsourcing services, infrastructure services, and Internet services. Our market research report has extensively covered external factors influencing the parent market growth during the forecast period.
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Data Center Infrastructure Management (DCIM) Solutions Market Scope |
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Report Coverage |
Details |
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Page number |
179 |
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Base year |
2022 |
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Historic period |
2017-2021 |
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Forecast period |
2023-2027 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 19.38% |
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Market growth 2023-2027 |
USD 7556.47 million |
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Market structure |
Fragmented |
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YoY growth 2022-2023(%) |
18.44 |
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Regional analysis |
North America, APAC, Europe, Middle East and Africa, and South America |
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Performing market contribution |
North America at 40% |
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Key countries |
US, China, India, UK, and Germany |
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Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
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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. |
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Market dynamics |
Parent market analysis, 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 forecast period |
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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
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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