The global DCIM market size is anticipated to gain astonishing growth from 2023 to 2033. According to the research report published by Future Market Insights, the global market is predicted to exceed a valuation of US$ 3,540.4 million in 2023. It is anticipated to hit a valuation of US$ 15,295.3 million by 2033. The market is estimated to showcase a splendid CAGR of 15.8% from 2023 to 2033.
Gaining end-to-end visibility for predicting capacity requirements is an utmost priority for several businesses. The necessity to integrate monitoring systems with disparate applications and databases for better data accuracy is rising. The emergence of next-generation DCIM offerings is boosting the market’s growth potential.
The mandate of the data center optimization initiative to address critical infrastructure inefficiencies is creating growth opportunities. The demand for DCIM-integrated monitoring systems with disparate applications and databases for better data accuracy is bolstering. These drivers are strongly influencing the market sales of DCIM and their adoption rate.
IT management is essential because of how the equipment is crammed into the data center space. These factors indicate the pressing need, which underlies the robust regional DCIM sales. The market's growth is likely to be aided by rising demand for DCIM in the cloud and data traffic traveling from and within data centers.
According to Cisco Systems, IP traffic in cloud data centers is expected to increase to 19,509 exabytes by 2023. Market vendors are focussing on increasing their product portfolios by emphasizing sales of DCIM. They are focusing on higher power consumption capacity and reduced space needs. For instance, to meet specific customer requirements, nVent Schroff GmbH introduced its Power Distribution Unit (PDU) platform. SCHROFF RackPower Intelligent is utilized for networking and data center infrastructure. It features easy customization and configuration with no minimum quantity requirements.
Snowballing demand for cloud computing, big data, and artificial intelligence aids market expansion significantly. These technologies can help providers to scale their businesses based on demand. Automated tasks help in reducing the workload and improve efficiency. Real-time information gathering helps in streamlining overall operations.
Attributes | Details |
---|---|
DCIM Market Share (2022) | US$ 3,100.2 million |
DCIM Market Share (2023) | US$ 3,540.4 million |
DCIM Market Share (2033) | US$ 15,295.3 million |
DCIM Market Share (2023 to 2033) | 15.8% |
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The global data center infrastructure management market expanded at a captivating CAGR of 13.7% from 2018 to 2022. In 2018, the global market size stood at US$ 1,851.8 million. In the following years, the market gained significant traction, accounting for US$ 3,100.2 million.
In recent years, digitalization and internet reach have astronomically increased. Businesses are rapidly dispersing computer resources across many settings. Such as cloud servers, edge data centers, and physical systems.
According to the 2018 Voice of the Enterprise: Datacenter Transformation, Budgets, and Outlook study, 57% of respondents said they use cloud service providers. Nearly 54% said they own and run their data centers. Around 41% said they rent space from colocation data center operators.
The adoption of the hybrid strategy for demand for DCIM agility and 24x7 connection has resulted in a surge in the utilization of Software as a Service (SaaS) solutions. Because more equipment is squeezed into the data center area, IT management is critical. These factors point to the demanding necessity, hence strong sales of DCIM are predicted.
As the market develops, data center operators' need for end-to-end visibility across infrastructure increases. However, the data center industry is going through a significant shift due to the introduction of supplementary and new technologies. Data centers, IT, and facility operators are gradually implementing tools like DCIM. To gain comprehensive visibility into key data centers infrastructure information, such as operations, configuration, and resource consumption.
By solutions, the facility management segment is anticipated to garner swift growth in the coming years. The segment captured a market share of 40.3% in 2022. Facility management is integral in ensuring that data centers run efficiently. They can help in the identification of areas to save energy and cut costs. The increasing energy costs impel data center operators to increase energy efficiency. As data centers become more complex, facility management’s demand is bound to augment.
The IT asset management segment is anticipated to witness substantial growth. The increasing adoption of cloud computing is boosting the need to manage mushroom IT assets. Due to the growing numbers of IT assets in different locations, IT asset management becomes more critical. To ensure proper compliance, security, and utilization of resources, demand for IT asset management in the market is likely to escalate. Racks, Hyperview, Sunbird Software, and Nlyte Software, are a few of the DCIM market companies with notable IT asset management features.
The Banking, Financial Services, and Insurance (BFSI) industry vertical captured 21.2% of the global market share in 2022. For the BFSI vertical, data centers enable business continuity by concentrating on concerns such as manageability, scalability, efficiency, and energy efficiency. These concerns may not be addressed until data centers are properly monitored. The growing demand for digital banking services impels the NFSI industry to manage large amounts of data and IT infrastructure. The increasing data traffic in the BFSI sector is likely to bolster the segment’s expansion.
Cloud services are being adopted by the Information Technology (IT) sector. Cloud services assist reduce operating expenses and provide high business continuity. The use of cloud services in the IT sector necessitates data centers that can store and analyze data in real-time. Sales of DCIM in this area provide significant computational power and minimize time to market. Data centers also provide services in the form of overlays or Virtual Local Area Networks (VLANs), such as virtual machine disc libraries, file or object storage, firewalls, load balancers, IP addresses, or network connections.
The North America DCIM market exhibited a CAGR of 28.4% in 2022. The data center market in the Western region of the United States is established and developed. The area has excellent connectivity and is adjacent to IT centers, making it a smart investment for data center operators.
California comprises nearly 90% of digital businesses, including cloud service providers and other IT and technology firms. The demand for additional data center infrastructures is being driven by the increasing use of mobile broadband, cloud computing, and big data analytics. Additionally, the growing popularity of cloud computing among organizations in North America is escalating. The falling server prices are anticipated to uptick demand for DCIM throughout the forecast period.
Asia Pacific is a swiftly developing region in the DCIM market, with significant data center development investments. Huge investments in verticals such as BFSI, retail, healthcare, manufacturing, telecommunications, and IT are being made in key nations such as India, China, and Japan. Resulting in the development and economic expansion in Asia Pacific countries.
China garnered a 15.4% market share in 2022. The demand for DCIM in this region continues to rise with the increase in internet-enabled gadgets grows. This surge in development has spurred data center building in the area, which is likely to drive sales of DCIM solutions and service adoption.
India captured a 14.6% market share in 2022. As part of a green effort, governments around the area are proposing new energy efficiency rules. These include carbon emission taxes, efficient power consumption, and other measures. The demand for DCIM software to manage data centers is necessitated by such regulatory constraints.
Owing to certain sizable competitors, such as IBM, Siemens, and Schneider Electric, which are present in the DCIM market, there is fierce competition. They have gained a competitive advantage over other players due to their capacity to constantly develop their services. They've been able to gain a firmer footing in the market through strategic alliances, research and development, and mergers and acquisitions.
The key players are concentrating on releasing products and services that, depending on numerous factors, align with shifting business dynamics. The key players may work together by forming strategic alliances to enter new markets.
Recent Developments in the DCIM Market:
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Attribute | Details |
---|---|
Forecast Period | 2023 to 2033 |
Historical Data Available for | 2018 to 2022 |
Market Analysis | US$ million for Value |
Key Regions Covered | North America, Latin America, Europe, East Asia, South Asia, Oceania & The Middle East and Africa |
Key Countries Covered | United States, Canada, Brazil, Mexico, Germany, United Kingdom, France, Spain, Italy, Russia, Benelux, South Africa, Northern Africa GCC Countries, China, Japan, South Korea, India, Thailand, Malaysia, Indonesia, Australia & New Zealand. |
Key Segments Covered | The solution, Component, Industry Vertical, and Region. |
Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, Trend Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
The key Asian countries in the market are China, India, and Japan.
The IT and telecoms industries are the primary DCIM consumers.
The United States is anticipated to register a CAGR of 10% from 2023 to 2033.
In 2023, the global DCIM market was estimated to be worth US$ 3,540.3 million.
The global DCIM market is expected to reach US$ 15.295.3 billion by 2033.
1. Executive Summary | DCIM Market
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Investment Feasibility Matrix
3.5. PESTLE and Porter’s Analysis
3.6. Regulatory Landscape
3.6.1. By Key Regions
3.6.2. By Key Countries
3.7. Regional Parent Market Outlook
4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Million) Analysis, 2018 to 2022
4.2. Current and Future Market Size Value (US$ Million) Projections, 2023 to 2033
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Component
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) Analysis By Component, 2018 to 2022
5.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Component, 2023 to 2033
5.3.1. Solution
5.3.1.1. Asset Management
5.3.1.2. Network Management
5.3.1.3. Cooling Management
5.3.1.4. Power Management
5.3.1.5. Security Management
5.3.2. Service
5.3.2.1. Installation & Integration
5.3.2.2. Managed
5.3.2.3. Consulting
5.4. Y-o-Y Growth Trend Analysis By Component, 2018 to 2022
5.5. Absolute $ Opportunity Analysis By Component, 2023 to 2033
6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Deployment Model
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) Analysis By Deployment Model, 2018 to 2022
6.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Deployment Model, 2023 to 2033
6.3.1. On-Premises
6.3.2. Cloud
6.4. Y-o-Y Growth Trend Analysis By Deployment Model, 2018 to 2022
6.5. Absolute $ Opportunity Analysis By Deployment Model, 2023 to 2033
7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Industry Vertical
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Million) Analysis By Industry Vertical, 2018 to 2022
7.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Industry Vertical, 2023 to 2033
7.3.1. Banking, Financial Services and Insurance
7.3.2. Government and Public Sector
7.3.3. Healthcare and Life Sciences
7.3.4. IT and ITeS
7.3.5. Manufacturing
7.3.6. Telecommunications
7.3.7. Others
7.4. Y-o-Y Growth Trend Analysis By Industry Vertical, 2018 to 2022
7.5. Absolute $ Opportunity Analysis By Industry Vertical, 2023 to 2033
8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
8.1. Introduction
8.2. Historical Market Size Value (US$ Million) Analysis By Region, 2018 to 2022
8.3. Current Market Size Value (US$ Million) Analysis and Forecast By Region, 2023 to 2033
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. South Asia
8.3.5. East Asia
8.3.6. Oceania
8.3.7. MEA
8.4. Market Attractiveness Analysis By Region
9. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
9.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
9.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
9.2.1. By Country
9.2.1.1. USA
9.2.1.2. Canada
9.2.2. By Component
9.2.3. By Deployment Model
9.2.4. By Industry Vertical
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Component
9.3.3. By Deployment Model
9.3.4. By Industry Vertical
9.4. Key Takeaways
10. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
10.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
10.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
10.2.1. By Country
10.2.1.1. Brazil
10.2.1.2. Mexico
10.2.1.3. Rest of Latin America
10.2.2. By Component
10.2.3. By Deployment Model
10.2.4. By Industry Vertical
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Component
10.3.3. By Deployment Model
10.3.4. By Industry Vertical
10.4. Key Takeaways
11. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
11.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
11.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
11.2.1. By Country
11.2.1.1. Germany
11.2.1.2. United Kingdom
11.2.1.3. France
11.2.1.4. Spain
11.2.1.5. Italy
11.2.1.6. Rest of Europe
11.2.2. By Component
11.2.3. By Deployment Model
11.2.4. By Industry Vertical
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Component
11.3.3. By Deployment Model
11.3.4. By Industry Vertical
11.4. Key Takeaways
12. South Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
12.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
12.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
12.2.1. By Country
12.2.1.1. India
12.2.1.2. Malaysia
12.2.1.3. Singapore
12.2.1.4. Thailand
12.2.1.5. Rest of South Asia
12.2.2. By Component
12.2.3. By Deployment Model
12.2.4. By Industry Vertical
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Component
12.3.3. By Deployment Model
12.3.4. By Industry Vertical
12.4. Key Takeaways
13. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
13.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
13.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
13.2.1. By Country
13.2.1.1. China
13.2.1.2. Japan
13.2.1.3. South Korea
13.2.2. By Component
13.2.3. By Deployment Model
13.2.4. By Industry Vertical
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Component
13.3.3. By Deployment Model
13.3.4. By Industry Vertical
13.4. Key Takeaways
14. Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
14.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
14.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
14.2.1. By Country
14.2.1.1. Australia
14.2.1.2. New Zealand
14.2.2. By Component
14.2.3. By Deployment Model
14.2.4. By Industry Vertical
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Component
14.3.3. By Deployment Model
14.3.4. By Industry Vertical
14.4. Key Takeaways
15. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
15.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
15.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
15.2.1. By Country
15.2.1.1. GCC Countries
15.2.1.2. South Africa
15.2.1.3. Israel
15.2.1.4. Rest of MEA
15.2.2. By Component
15.2.3. By Deployment Model
15.2.4. By Industry Vertical
15.3. Market Attractiveness Analysis
15.3.1. By Country
15.3.2. By Component
15.3.3. By Deployment Model
15.3.4. By Industry Vertical
15.4. Key Takeaways
16. Key Countries Market Analysis
16.1. USA
16.1.1. Pricing Analysis
16.1.2. Market Share Analysis, 2022
16.1.2.1. By Component
16.1.2.2. By Deployment Model
16.1.2.3. By Industry Vertical
16.2. Canada
16.2.1. Pricing Analysis
16.2.2. Market Share Analysis, 2022
16.2.2.1. By Component
16.2.2.2. By Deployment Model
16.2.2.3. By Industry Vertical
16.3. Brazil
16.3.1. Pricing Analysis
16.3.2. Market Share Analysis, 2022
16.3.2.1. By Component
16.3.2.2. By Deployment Model
16.3.2.3. By Industry Vertical
16.4. Mexico
16.4.1. Pricing Analysis
16.4.2. Market Share Analysis, 2022
16.4.2.1. By Component
16.4.2.2. By Deployment Model
16.4.2.3. By Industry Vertical
16.5. Germany
16.5.1. Pricing Analysis
16.5.2. Market Share Analysis, 2022
16.5.2.1. By Component
16.5.2.2. By Deployment Model
16.5.2.3. By Industry Vertical
16.6. United Kingdom
16.6.1. Pricing Analysis
16.6.2. Market Share Analysis, 2022
16.6.2.1. By Component
16.6.2.2. By Deployment Model
16.6.2.3. By Industry Vertical
16.7. France
16.7.1. Pricing Analysis
16.7.2. Market Share Analysis, 2022
16.7.2.1. By Component
16.7.2.2. By Deployment Model
16.7.2.3. By Industry Vertical
16.8. Spain
16.8.1. Pricing Analysis
16.8.2. Market Share Analysis, 2022
16.8.2.1. By Component
16.8.2.2. By Deployment Model
16.8.2.3. By Industry Vertical
16.9. Italy
16.9.1. Pricing Analysis
16.9.2. Market Share Analysis, 2022
16.9.2.1. By Component
16.9.2.2. By Deployment Model
16.9.2.3. By Industry Vertical
16.10. India
16.10.1. Pricing Analysis
16.10.2. Market Share Analysis, 2022
16.10.2.1. By Component
16.10.2.2. By Deployment Model
16.10.2.3. By Industry Vertical
16.11. Malaysia
16.11.1. Pricing Analysis
16.11.2. Market Share Analysis, 2022
16.11.2.1. By Component
16.11.2.2. By Deployment Model
16.11.2.3. By Industry Vertical
16.12. Singapore
16.12.1. Pricing Analysis
16.12.2. Market Share Analysis, 2022
16.12.2.1. By Component
16.12.2.2. By Deployment Model
16.12.2.3. By Industry Vertical
16.13. Thailand
16.13.1. Pricing Analysis
16.13.2. Market Share Analysis, 2022
16.13.2.1. By Component
16.13.2.2. By Deployment Model
16.13.2.3. By Industry Vertical
16.14. China
16.14.1. Pricing Analysis
16.14.2. Market Share Analysis, 2022
16.14.2.1. By Component
16.14.2.2. By Deployment Model
16.14.2.3. By Industry Vertical
16.15. Japan
16.15.1. Pricing Analysis
16.15.2. Market Share Analysis, 2022
16.15.2.1. By Component
16.15.2.2. By Deployment Model
16.15.2.3. By Industry Vertical
16.16. South Korea
16.16.1. Pricing Analysis
16.16.2. Market Share Analysis, 2022
16.16.2.1. By Component
16.16.2.2. By Deployment Model
16.16.2.3. By Industry Vertical
16.17. Australia
16.17.1. Pricing Analysis
16.17.2. Market Share Analysis, 2022
16.17.2.1. By Component
16.17.2.2. By Deployment Model
16.17.2.3. By Industry Vertical
16.18. New Zealand
16.18.1. Pricing Analysis
16.18.2. Market Share Analysis, 2022
16.18.2.1. By Component
16.18.2.2. By Deployment Model
16.18.2.3. By Industry Vertical
16.19. GCC Countries
16.19.1. Pricing Analysis
16.19.2. Market Share Analysis, 2022
16.19.2.1. By Component
16.19.2.2. By Deployment Model
16.19.2.3. By Industry Vertical
16.20. South Africa
16.20.1. Pricing Analysis
16.20.2. Market Share Analysis, 2022
16.20.2.1. By Component
16.20.2.2. By Deployment Model
16.20.2.3. By Industry Vertical
16.21. Israel
16.21.1. Pricing Analysis
16.21.2. Market Share Analysis, 2022
16.21.2.1. By Component
16.21.2.2. By Deployment Model
16.21.2.3. By Industry Vertical
17. Market Structure Analysis
17.1. Competition Dashboard
17.2. Competition Benchmarking
17.3. Market Share Analysis of Top Players
17.3.1. By Regional
17.3.2. By Component
17.3.3. By Deployment Model
17.3.4. By Industry Vertical
18. Competition Analysis
18.1. Competition Deep Dive
18.1.1. ABB Ltd.
18.1.1.1. Overview
18.1.1.2. Product Portfolio
18.1.1.3. Profitability by Market Segments
18.1.1.4. Sales Footprint
18.1.1.5. Strategy Overview
18.1.1.5.1. Marketing Strategy
18.1.2. Commscope, Inc.
18.1.2.1. Overview
18.1.2.2. Product Portfolio
18.1.2.3. Profitability by Market Segments
18.1.2.4. Sales Footprint
18.1.2.5. Strategy Overview
18.1.2.5.1. Marketing Strategy
18.1.3. Cormant, Inc.
18.1.3.1. Overview
18.1.3.2. Product Portfolio
18.1.3.3. Profitability by Market Segments
18.1.3.4. Sales Footprint
18.1.3.5. Strategy Overview
18.1.3.5.1. Marketing Strategy
18.1.4. Eaton Corporation
18.1.4.1. Overview
18.1.4.2. Product Portfolio
18.1.4.3. Profitability by Market Segments
18.1.4.4. Sales Footprint
18.1.4.5. Strategy Overview
18.1.4.5.1. Marketing Strategy
18.1.5. IBM Corporation
18.1.5.1. Overview
18.1.5.2. Product Portfolio
18.1.5.3. Profitability by Market Segments
18.1.5.4. Sales Footprint
18.1.5.5. Strategy Overview
18.1.5.5.1. Marketing Strategy
18.1.6. Delta Electronic Inc.
18.1.6.1. Overview
18.1.6.2. Product Portfolio
18.1.6.3. Profitability by Market Segments
18.1.6.4. Sales Footprint
18.1.6.5. Strategy Overview
18.1.6.5.1. Marketing Strategy
18.1.7. Cisco Systems Inc.
18.1.7.1. Overview
18.1.7.2. Product Portfolio
18.1.7.3. Profitability by Market Segments
18.1.7.4. Sales Footprint
18.1.7.5. Strategy Overview
18.1.7.5.1. Marketing Strategy
18.1.8. Infosys Limited
18.1.8.1. Overview
18.1.8.2. Product Portfolio
18.1.8.3. Profitability by Market Segments
18.1.8.4. Sales Footprint
18.1.8.5. Strategy Overview
18.1.8.5.1. Marketing Strategy
18.1.9. NTT Data Corporation
18.1.9.1. Overview
18.1.9.2. Product Portfolio
18.1.9.3. Profitability by Market Segments
18.1.9.4. Sales Footprint
18.1.9.5. Strategy Overview
18.1.9.5.1. Marketing Strategy
18.1.10. Modius Inc.
18.1.10.1. Overview
18.1.10.2. Product Portfolio
18.1.10.3. Profitability by Market Segments
18.1.10.4. Sales Footprint
18.1.10.5. Strategy Overview
18.1.10.5.1. Marketing Strategy
19. Assumptions & Acronyms Used
20. Research Methodology
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