The global Data Center Infrastructure Management (DCIM) market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 11.2% during the forecast period, to reach USD 3.2 billion by 2026 from USD 1.8 billion in 2021. Major factors that are expected to drive the growth of the DCIM market include the need for gaining end-to-end visibility for anticipating capacity requirements and improving data center uptime and energy efficiency, the emergence of next-generation DCIM solution, the compulsion of DCOI to address critical infrastructure inefficiencies, and the need for integrating monitoring systems with disparate applications and databases for better data accuracy.
The DCIM market includes major vendors, such as ABB (Switzerland), CommScope (US), Cormant (US), Delta Electronics (Taiwan), Device42 (US), Eaton (Ireland), FNT Softeare (Germany), Graphical Networks (US), GreenField Software (Oman), Huawei (China), Hyperview (Canada), Intel (US), Modius (US), Nlyte Software (US), Optimum Path (US), Panduit (US), Patchmanager (Netherlands), Rackwise (US), RF Code (US), Rittal (Germany), Schneider Electric (France), Siemens (Germany), SolarWinds (US), Sunbird Software (US), UnityOneCloud (US), and Vertiv (US). The major players have implemented various growth strategies to expand their global presence and increase their market shares. Key players such as Schneider Electric, Vertiv, Sunbird Software, and Nlyte Software have majorly adopted many growth strategies, such as new product launches, acquisitions, and partnerships, to expand their product portfolios and grow further in the DCIM market.
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Schneider Electric has a strong presence in the DCIM market, with a large number of deployments. Through its innovative products and services, Schneider Electric enables its customers to achieve savings on their IT spending every year. The company focuses on developing new and efficient solutions through huge investments in R&D, thus increasing its product offerings. It offers a DCIM tool, EcoStruxure IT for data centers. The tools key benefits include asset management for accurate inventory and model data; analytics for smarter decision-making; capacity management for optimized and intelligent planning; risk planning for proactive incident management; colocation capabilities; change management to move, add, change, and delete IT equipment; and vendor-neutral software for simple management of data centers. The strong presence across the globe is one of the key factors leading to large market shares in the DCIM market.
Vertiv designs, manufactures, and services vital digital infrastructure technology for data centers, communication networks, and commercial/industrial environments. Its primary offerings include critical infrastructure and solutions, IT and edge infrastructure management, and services and software solutions. The company mainly generates its business from the Americas. It concentrates on innovations and acquisitions to maintain a leadership position in the global competitive market. Vertiv acquired Geist to gain a competitive edge in the global rack PDU portfolio. The company aims to deliver innovative solutions, improved business performance, and productivity for increasing its profits and satisfying its customers. The key factors responsible for major shares in the market are wide geographic reach, strong distribution channels, and enhanced DCIM offerings. The growing popularity of edge infrastructure is expected to provide a boost to the company’s revenue.
Data Center Infrastructure Management Market with COVID-19 Impact Analysis, By Component, Application (Asset Management, Power Monitoring, and Capacity Management), Deployment Model, Data Center Type, Vertical and Region - Global Forecast to 2026
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