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Data Center Infrastructure Management (DCIM) Market - By Component (Solution, Service), By End-Use (Colocation, BFSI, Energy, Government, Healthcare, Manufacturing, IT & Telecom) & Global Forecast, 2023-2032

  • Report ID: GMI2496
  • Published Date: Feb 2023
  • Report Format: PDF

Data Center Infrastructure Management Market Size

Data Center Infrastructure Management Market size crossed USD 2 billion in 2022 and is set to exhibit over 20% CAGR from 2023-2032, on account of the rise in cloud service offerings and data generation.
 

Data Center Infrastructure Management Market

Rapid improvement in information processing, data transmission, and storage capacity is facilitating cloud infrastructure growth. This rising demand for public cloud offerings due to increased data generation has, in turn, spurred the development of industrial-scale data center infrastructure. Businesses are also shifting their investment focus from traditional IT infrastructure solutions to the cloud, given the rapid digitalization and internet penetration.
 

Improved online service delivery and business automation to optimize operations will also result in high data generation and in consequence, create lucrative growth prospects for DCIM software development. However, the rate of public data breaches has surged, affecting the performance, security, and availability of applications supported by data centers. The growing data security risks associated with digital transformation may therefore restrict DCIM industry expansion to some extent.
 

Data Center Infrastructure Management Market Analysis

Global Data Center Infrastructure Management Market Share, By Application

Data center infrastructure management market value from the IT & telecom applications is poised to depict a 25% CAGR through 2032, on account of the rapid expansion of broadband and internet services. For instance, in May 2022, the U.S. government announced the ‘Internet for All’ initiative worth USD 45 billion to ensure affordable broadband access by 2029. These factors, alongside the favorable regulatory environment and evolving subscriber consumption patterns, will proliferate the usage of data center infrastructure management tools for IT and telecom applications.
 

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The global data center infrastructure management market size crossed USD 2 billion in 2022 and is set to exhibit over 20% CAGR from 2023-2032, given the rise in cloud service offerings and data generation.

DCIM market share from the IT & telecom application segment is poised to depict a 25% CAGR through 2023-2032, given the expanding network of broadband and internet service providers.

North America data center infrastructure management (DCIM) industry was valued at over USD 1 billion in 2022, as a result of the mounting investment in data center facilities.

Key players in the data center infrastructure management (DCIM) market include Unisys Corporation, Vision Solutions, Vertiv Co., NTT Data Corporation, Huawei Technologies Co. Ltd., Dell Inc., Cormant Inc., Cisco Systems Inc., and ABB Ltd., among others.

Data Center Infrastructure Management Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 24
  • Tables & Figures: 378
  • Countries covered: 16
  • Pages: 293
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