The global data center infrastructure management market size is expected to grow from $2.12 billion in 2021 to $2.68 billion in 2022 at a compound annual growth rate (CAGR) of 26.6%. The change in the data center infrastructure management market growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2021. The market is expected to reach $6.39 billion in 2026 at a CAGR of 24.3%.
What is the Global Data Center Infrastructure Management Market?
The data center infrastructure management market consists of sales of data center infrastructure management solutions and services by entities (organizations, sole traders, and partnerships) that are engaged in the manufacturing of cooling systems, power monitoring systems, and other systems related to the infrastructure management of data centers. Datacenter infrastructure management (DCIM) is a series of technologies that allow for effective data center management and monitoring in terms of capacity, cooling, and power usage and enables officials to properly track and control the facility's various phases.
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What drives the Global Data Center Infrastructure Management Market?
An increase in data center IP traffic is expected to propel the growth of the data center infrastructure management market in the forecast period. There has been an exponential increase in internet usage and IP traffic in data centers across the globe due to the pandemic and people working from home. According to Vxchange, a US-based company that offers data centers and colocation services data center IP traffic reached 20.6 zettabytes (ZB) in the end of 2021. Another article published by International Energy Agency (IEA) in June 2020, states that between February and mid-April 2020, global internet traffic increased by nearly 40% and the majority of the world’s Internet Protocol (IP) traffic goes through data centers with which the global IP traffic is expected to double between 2019 and 2022. This rise in the data center IP traffic is increasing the need for more data centers and in turn, swelling the demand for data center infrastructure management and services. Thus, the surge in data center traffic is expected to boost the growth of the data center infrastructure management market.
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Global Data Center Infrastructure Management Market Segments
The global data center infrastructure management market is segmented:
By Component: Solution, Services
By Deployment Model: On-Premises, Cloud
By Organization Size: Small and Medium-Sized Enterprises (SMEs), Large Enterprises
By End-User: BFSI, Energy, Government, Healthcare, Manufacturing, IT and Telecom, Others
By Geography: The regions covered in the data center infrastructure management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Data Center Infrastructure Management Global Market Report 2022provides market size and growth forecasts for the global data center infrastructure management market, global data center infrastructure management market share, data center infrastructure management market segments and geographies, data center infrastructure management market competitive landscape including leading competitors’ revenues, profiles and market shares. The data center infrastructure management market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Data Center Infrastructure Management Industry Playersinclude ABB Ltd., Cisco Systems Inc., Commscope Inc., Dell Inc., Hewlett Packard Enterprise, IBM Corporation, Modius Inc., Panduit Corporation, Raritan Inc., Schneider Electric SE, Siemens AG, Vertiv Group Co., Nlyte, Delta Electronics Inc., Rittal GmbH & Co. Kg, Stulz GmbH, Microsoft Corporation, ITRACS Corp, VMware Inc., Lenovo Group Ltd., Oracle Corporation, NetApp Inc., Huawei Technologies Co. Ltd., Device42 Inc., Sunbird Software Inc., SynapSense Corp and Fieldview Solutions. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.
