Data Center Infrastructure Management Dcim Market Size, Share, Industry Trends and Forecast to 2030

Data Center Infrastructure Management (DCIM) Market Size & CAGR in 2021

The global Data Center Infrastructure Management (DCIM) market is projected to grow at a Compound Annual Growth Rate (CAGR) of 8.5% from 2021 to 2026. The market size in 2021 was estimated to be USD 2.5 billion.

COVID-19 Impact on the Data Center Infrastructure Management (DCIM) Market

The COVID-19 pandemic had a significant impact on the DCIM market, leading to disruptions in the supply chain and delays in infrastructure upgrades. However, the pandemic also highlighted the importance of data center management solutions, leading to an increased adoption of DCIM solutions by organizations to ensure business continuity and operational efficiency.

Data Center Infrastructure Management (DCIM) Dynamics

The DCIM market is driven by the growing demand for efficient data center management, increasing focus on energy efficiency, and the rising adoption of cloud computing services. Key players in the market are investing in research and development activities to enhance their product offerings and gain a competitive edge in the market.

Segments and Related Analysis

The DCIM market can be segmented based on solution type, deployment mode, industry vertical, and region. Key segments include software solutions, cloud-based deployment, and the IT & telecom sector. Each segment offers unique opportunities for market growth and development.

By Region Analysis

The DCIM market is analyzed across regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America currently dominates the market, driven by technological advancements and the presence of key market players. However, the Asia Pacific region is poised for significant growth due to increasing investments in data center infrastructure.

Key Market Players and Competitive Landscape

Major players in the DCIM market include Schneider Electric, Vertiv, Nlyte Software, CommScope, and IBM Corporation. These companies are focusing on strategic partnerships, mergers, and acquisitions to expand their market presence and gain a competitive advantage. The competitive landscape is characterized by intense competition and a strong emphasis on product innovation.

Recent Happenings in the Data Center Infrastructure Management (DCIM) Market

- In April 2021, Schneider Electric announced the launch of a new DCIM software solution aimed at improving data center efficiency and sustainability. - In June 2021, Vertiv introduced a cloud-based DCIM platform to enable remote monitoring and management of data center infrastructure. - In September 2021, Nlyte Software unveiled a new predictive analytics feature in its DCIM solution to optimize data center operations and improve performance. - In November 2021, CommScope partnered with a leading telecom provider to deploy DCIM solutions across its network infrastructure, boosting operational efficiency and reducing costs. - In January 2022, IBM Corporation launched an advanced AI-powered DCIM platform to automate data center operations and enhance decision-making processes.