DCIM Market 2022 Size, Growth Analysis Report, Forecast to 2032

 The global DCIM market is anticipated to grow steadily at a CAGR of 15%, from US$ 2.8 Bn in 2021 to US$ 13.5 Bn in 2032.

Gaining end-to-end visibility for predicting capacity requirements, mandatory requirements to improvedata centreuptime and energy efficiency, the emergence of next-generationDCIMofferings, the mandate of thedata centreoptimization initiative to address critical infrastructure inefficiencies, and the need to integrate monitoring systems with disparate applications and databases for betterdataaccuracy are some of the drivers shapingDCIM adoption.

Many businesses across industries have adopted the work-from-home model to protect employee well-being and preserve operational efficiency, driving updemand for cloud-based solutions.As more businesses want to improve their IT infrastructure, the need forDCIM solutionswill rise.

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With the increasing modernization ofdata centres, thedemand for end-to-end visibilityacross infrastructure has become the most difficult task fordata centreoperators. With the introduction of new and additional technologies, thedata centre businessis undergoing a substantial transformation.

DCIM is one such solution that is gradually being utilised bydata centre, IT, and facility operators in order to acquire holistic insight into essentialdata centreinfrastructure information such as operations, configuration, and resource consumption. Most businesses are rapidly dispersing their computer resources across many settings, such ascloud servers,edgedata centres, and physical systems. DCIMhas grown into significant infrastructure optimization software. Although some organisations have reported successfulDCIMinstallations, the number of unsuccessful implementations cannot be underestimated.

One of the primary causes for failed installations is a significant gap between what clients want and whatDCIMsuppliers offer.DCIMdeployment might be complicated in a data centre with several functional areas.

Asia Pacificis one of the most rapidly increasing regions in theData Centre Infrastructure Management (DCIM) market, with significant expenditures ondata centredevelopment.  The main nations, such asChinaandJapan, are experiencing massive investments in sectors such asBFSI, retail,healthcare, manufacturing, telecommunications, and IT, which have resulted inAPACcountries’ expansion and economic growth.

The proliferation of internet-enabled gadgets will drive up demand for data centres in this region. This surge in development has accelerated the expansion of data centre buildings in the area, which is likely to accelerate the use ofData Centre Infrastructure Management (DCIM) solutions and services.

As part of the green push, governments around the area are crafting new energy efficiency legislation ranging from carbon emission taxation to efficient electricity consumption, among other things. Such regulatory constraints necessitate the use ofDCIM softwareto managedata centres.

Key Takeaways: 

TheIT asset managementfrom theDC power supply marketis expected to grow at the fastest CAGR of 12.5% in the solution sector.

Information technologyis expected to grow at a high rate in thevertical industrysector ofthe DC power supply market, with a CAGR of 14.9%.

Themarket sizeforDC power supplyin theUnited Statesis expected to reach US$ 6.8 Billion by 2032, growing at a CAGR of 17.3% during the research period.

United Kingdomis expected to reach amarket sizeof US$ 421.9 Million inDC power supplyby 2032, with a CAGR of 13.9% during the research period.

China’s DC power supply marketis expected to be worth US$ 595.6 Million by 2032, with a CAGR of 14.9% over the forecast period.

Brazilis expected to have amarket sizeforDC power supplyof US$ 178.7 Million by 2032, with a CAGR of 13.8% during the research period.

By 2032,Indiais expected to reach amarket sizeof US$ 334 Million inDC power supply, with a CAGR of 13.1% during the research period.

COMPETITIVE LANDSCAPE: 

ABB Ltd., Commscope, Inc., Cormant, Inc., Eaton Corp. PLC and IBM Corp. lead theData Centre Infrastructure Management (DCIM) market.

Siemens will launch the open Industrial Edge ecosystem innovativeIT platformin November 2021. This allows and offers scalableITtechnology and application deployment in the production environment. This also allows B2B clients to buy and manage different software components from a single platform.

SunbirdSoftwarewill release a new version of the dcTrack solution in October 2021. Previously, enterprise-class clients struggled to remotely administer all of theirdata centres, labs, units, and edge sites, where the first-generation DCIM was slow. To overcome these challenges, dcTrack has improved its scalability and tool management capabilities.

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