Data Center Infrastructure Management (DCIM) Market Size
Study Period | 2019 - 2029 |
Market Size (2024) | USD 213.24 Billion |
Market Size (2029) | USD 287.67 Billion |
CAGR (2024 - 2029) | 6.17 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Data Center Infrastructure Management (DCIM) Market Analysis
The Data Center Infrastructure Management Market size is estimated at USD 213.24 billion in 2024, and is expected to reach USD 287.67 billion by 2029, growing at a CAGR of 6.17% during the forecast period (2024-2029).
To effectively monitor, manage, and optimize the infrastructure and resources in a data center facility, data center infrastructure management is an integrated software and hardware solution used by IT managers and operators. DCIM encompasses various tools and technologies that help organizations plan, operate, and maintain their data center environments.
- Due to the rising demand for secure IT infrastructure and reliable, efficient data center operations have become essential. As the importance of cloud computing increases, companies are turning to data centers for their IT infrastructure requirements as they connect to more interconnected devices.
- Automation and optimization make it possible to reduce operating costs, improve the efficiency of operations, and scale up. Automated tools improve the performance and efficiency of data centers and allow organizations to reduce the amount of time and effort needed for IT infrastructure management, while optimization tools enable them to gain insight into their infrastructures so that they can make informed choices.
- The increasing demand for cloud resources and data centers in terms of consumer services and business has led to the development of a large-scale public cloud data center. Factors are expected to influence the development of the DCIM market.
- Moreover, the demand for the maintenance of physical and network infrastructure in data centers is increasing as enterprises across the world move their workloads to cloud services due to data security and easy recovery benefits that come with them.
- In terms of capital expenditure and energy efficiency charges, the establishment of servers in data centers has proven to be advantageous. However, the growth of the market was hampered by the increase in costs. Increasing demand for services, in particular, as a result of the increased number of engineers commutating to achieve better efficiency, data security problems, and difficulties arising from greater dependency on data center facilities are largely responsible for this increase.
- The demand for DCIM solutions is expected to increase in the post-COVID era as businesses rely on digital technologies. The establishment of data centers is expected to increase the demand for DCIM solutions and services, driven by the increasing use of Internet of Things technology, smart device proliferation, and a rise in digital transaction volumes.
Data Center Infrastructure Management (DCIM) Market Trends
The Healthcare Industry is Expected to Witness Growth
- The healthcare industry is growing in demand for data center infrastructure management, as it helps to improve the cost, quality, and delivery of medical services by updating hospital information centers with new business models. The HIPPA Act, the General Data Protection Regulation, and several further compulsory provisions require that healthcare professionals be held responsible for patient data. The DCIM shall monitor user access and ensure the workload infrastructure is properly installed and secured.
- Moreover, data centers are a secure hub for electronic medical records, allowing easy access to critical patient information. In order to ensure comprehensive care, health information exchange platforms further facilitate the sharing of secure data between different healthcare facilities. For example, in the last 90 days, from the fourth quarter of 2023, according to Ministero della Salute, the Italian region of Emilia-Romagna opted for electronic health records, with around 81% of the population choosing to do so.
- In addition, DCIM enables healthcare providers to keep and process vast amounts of information on patients to analyze it with insight. These analyses help to identify trends, patterns, and possible outbreaks and increase decision-making and patient outcomes.
- Connected medical devices, driven by IoT, transmit patient data for real-time monitoring. Data centers provide the infrastructure needed for managing and processing this data, enabling patients to make more informed decisions on their medical care and assisting with the effective management of pharmacies and inventory systems to ensure the availability of medicines, prevent shortages, and optimize supply chains.
North America is Expected to Witness Growth
- One of the major drivers of growth in this region is the adoption of IT infrastructure management software and services at an earlier stage. The demand for additional data center infrastructure is driven by the growth of wireless broadband, cloud computing, and big data analysis in this area.
- In North America, due to the high adoption rate of the Internet of Things and edge computing technologies that are creating massive data sets in data centers, there is an increasing demand for DCIM solutions. The market for DCIM solutions is expected to be driven by data center operators' priority of building their resources and choosing colocation services as an infrastructure management service during the forecast period.
- The region is also home to some of the world's biggest data center operators, such as Amazon, Microsoft, and Google, which have played an important role in increasing the DCIM market's share. The North American market is also driven by the growing adoption of DCIM solutions among companies across the region. Enterprises investing in DCIM solutions to improve the efficiency of their operations are becoming aware of the need for effective data center management.
- In order to reduce energy consumption and increase energy efficiency, data centers are gradually adopting DCIM systems. The North American market is expected to grow further over the coming years as demand for data centers increases and businesses adopt DCIM solutions and energy-saving data centers.
Data Center Infrastructure Management (DCIM) Industry Overview
The competitive rivalry in the data center infrastructure management market is high and fragmented owing to some major players, such as Vertiv Group Corp, Schneider Electric SE, Johnson Controls International PLC, Eaton Corporation PLC, and IBM Corporation. Their continually innovating offerings have given them a competitive advantage over other players. They have obtained a stronger foothold in the market through strategic partnerships, R&D, and mergers and acquisitions.
- March 2024: Vertiv released a self-service online tool to help customers design and configure prefabricated modular data centers. Vertiv Modular Designer Lite is a web-based application that configures Vertiv's SmartMod and SmartMod Max prefabricated modular data centers. It is a 'user-friendly' web-based application that streamlines the module design process.
- March 2024: Schneider Electric announced a collaboration with Nvidia to optimize data center infrastructure and pave the way for groundbreaking advancements in edge artificial intelligence (AI) and digital twin technologies and, along with it, be able to leverage its expertise in data center infrastructure and NVIDIA's advanced AI technologies to introduce the first publicly available AI data center reference designs.
Data Center Infrastructure Management (DCIM) Market Leaders
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Vertiv Group Corp.
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Schneider Electric SE
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Johnson Controls International PLC
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Eaton Corporation PLC
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IBM Corporation
*Disclaimer: Major Players sorted in no particular order
Data Center Infrastructure Management (DCIM) Market News
- April 2024: Vertiv announced a new high-density data center infrastructure solutions portfolio. New Vertiv 360AI solutions are designed to accelerate AI adoption through pre-engineered infrastructure solutions, digitized management, and end-to-end service, resulting in up to 2x faster deployment compared to typical infrastructure installation to support the higher cooling and power requirements of the accelerated computing IT stack.
- April 2024: Eaton launched a new modular data center solution to reduce the time and cost of deployment for critical infrastructure, and these SmartRack modular data centers combine IT rack, cooling, and service enclosures to create a performance-optimized data center solution designed for critical IT equipment with up to 150 kW of equipment load.
Data Center Infrastructure Management Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Market Overview
4.2 Industry Attractiveness - Porter's Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Consumers
4.2.3 Threat of New Entrants
4.2.4 Threat of Substitute Products
4.2.5 Intensity of Competitive Rivalry
4.3 Assessment of the Impact of the COVID-19 Pandemic on the Industry
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Rising Need to Manage Energy Consumption Across Data Centers
5.1.2 Increase in the Number of Data Centers
5.2 Market Challenges
5.2.1 Need for Heightened Security for Physical and Network Infrastructures
6. MARKET SEGMENTATION
6.1 By Data Center Type
6.1.1 Small and Medium-sized Data Centers
6.1.2 Large Data Centers
6.1.3 Enterprise Data Centers
6.2 By Deployment Type
6.2.1 On-premise
6.2.2 Colocation
6.3 By End User
6.3.1 IT
6.3.2 BFSI
6.3.3 Healthcare
6.3.4 Manufacturing
6.3.5 Other End Users
6.4 By Geography
6.4.1 North America
6.4.2 Europe
6.4.3 Asia-Pacific
6.4.4 Rest of the World
7. COMPETITIVE LANDSCAPE
7.1 Company Profiles
7.1.1 Vertiv Group Corp.
7.1.2 Schneider Electric SE
7.1.3 Johnson Controls International PLC
7.1.4 Eaton Corporation PLC
7.1.5 IBM Corporation
7.1.6 Siemens AG
7.1.7 ABB Ltd
7.1.8 FNT GmbH
7.1.9 Nlyte Software Inc.
7.1.10 Itracs Corporation Inc. (CommScope Inc.)
- *List Not Exhaustive
8. VENDOR RANKING ANALYSIS
9. INVESTMENT ANALYSIS
10. FUTURE OF THE MARKET
Data Center Infrastructure Management (DCIM) Industry Segmentation
Data center infrastructure management (DCIM) is a set of tools and processes used to manage the infrastructure components of a data center environment. It enables IT teams to monitor all components, their configurations, interdependencies, and optimum performance. This is expected to ensure that data center operations are effective and cost-effectively
The data center infrastructure management market is segmented by data center type (small and medium-sized data centers, large data centers, and enterprise data centers), deployment type (on-premise and colocation), end user (IT, BFSI, healthcare, manufacturing, and other end users), and geography (North America, Europe, Asia-Pacific, and Rest of the World).
The market sizes and forecasts are provided in USD for all the above segments.
By Data Center Type | |
Small and Medium-sized Data Centers | |
Large Data Centers | |
Enterprise Data Centers |
By Deployment Type | |
On-premise | |
Colocation |
By End User | |
IT | |
BFSI | |
Healthcare | |
Manufacturing | |
Other End Users |
By Geography | |
North America | |
Europe | |
Asia-Pacific | |
Rest of the World |
Data Center Infrastructure Management Market Research FAQs
How big is the Data Center Infrastructure Management Market?
The Data Center Infrastructure Management Market size is expected to reach USD 213.24 billion in 2024 and grow at a CAGR of 6.17% to reach USD 287.67 billion by 2029.
What is the current Data Center Infrastructure Management Market size?
In 2024, the Data Center Infrastructure Management Market size is expected to reach USD 213.24 billion.
Who are the key players in Data Center Infrastructure Management Market?
Vertiv Group Corp., Schneider Electric SE, Johnson Controls International PLC, Eaton Corporation PLC and IBM Corporation are the major companies operating in the Data Center Infrastructure Management Market.
Which is the fastest growing region in Data Center Infrastructure Management Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Data Center Infrastructure Management Market?
In 2024, the North America accounts for the largest market share in Data Center Infrastructure Management Market.
What years does this Data Center Infrastructure Management Market cover, and what was the market size in 2023?
In 2023, the Data Center Infrastructure Management Market size was estimated at USD 200.08 billion. The report covers the Data Center Infrastructure Management Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Data Center Infrastructure Management Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Data Center Infrastructure Management (DCIM) Industry Report
The Data Center Infrastructure Management Market is segmented by data center type, deployment type, and geography. The market analysis includes a market forecast outlook and a historical overview. The industry analysis highlights the growth rate and industry trends that are shaping the market. The industry outlook is positive, with significant market growth expected in the coming years.
The market size for Data Center Infrastructure Management is expanding, driven by the increasing demand for efficient data center operations. The market report provides a comprehensive market overview and market segmentation, detailing the different types of data centers and deployment methods. The industry reports offer valuable market data and industry statistics, helping stakeholders make informed decisions.
Market research indicates that the market leaders are focusing on innovative solutions to enhance data center efficiency. The market forecast predicts continued growth, supported by industry research and market predictions. The market value is expected to rise, reflecting the growing importance of data center infrastructure management.
The industry information and industry sales data show a robust market outlook, with key players driving market trends. The market review and market predictions suggest that the industry size will continue to expand, supported by advancements in technology and increasing demand for data center services.
The report example and report PDF provide detailed insights into the market dynamics, helping companies understand the competitive landscape. Research companies are actively monitoring market developments to provide accurate and up-to-date information. The market overview and market segmentation highlight the diverse applications and deployment methods within the industry.
In summary, the Data Center Infrastructure Management Market is poised for significant growth, with industry statistics and market data supporting a positive industry outlook. The market leaders are well-positioned to capitalize on emerging trends, ensuring sustained market growth and value.