Market Size of Data Center Infrastructure Management (DCIM) Industry
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 |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Data Center Infrastructure Management 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).
Due to the Covid-19 pandemic, challenges concerning the construction of new data center capacity have risen. Most vendors are postponing or canceling projects or activities, which could increase the risk of infection. As per Vantage, construction being stalled is inevitable as multiple workers move around building sites, making the social-distancing rules hard to implement instead of ensuring staff safety.
- The need to manage limited space and high rack densities to reduce IT system downtime has driven the data center infrastructure management (DCIM) market's growth for the past few years.
- According to AFCOM estimates, the current rack density is valued at 16.9 kW in data centers. According to a data Centers Association (AFCOM) study, close to 67% reported increased rack density in the past three years. Moreover, the study highlights that with an average power density of about 7 kilowatts per rack, most data centers face challenges in managing their IT workloads with traditional air-cooling methods.
- 5G is expected to play a crucial role in supporting governments and policymakers to transform their cities into smart cities, allowing citizens to realize and partake in the socio-economic benefits of an advanced, data-intensive digital economy. Therefore, policymakers must construct and upgrade passive assets like fiber networks and data centers.
- Factors driving the rack density include the growth of cloud computing, Big Data, and AI. It is essential to manage IT since more equipment fits into the data center space. Such facts indicate the need for solutions such as DCIM.
- The increasing demand for cloud and data traffic moving from and within the data centers is expected to bolster the market's growth over the forecast period. According to Cisco Systems, the cloud data center IP traffic is expected to reach 19,509 exabytes per year by 2021, compared to 1,046 exabytes per year of traditional data center traffic.
- Vendors in the market are allowing API integration into DCIM solutions. Overall, the increasing data volumes in the cloud, edge data centers, data center consolidation, etc., are likely to shape data center infrastructure management.
- In April 2022, Compass Datacenters, an American colocation behemoth, formed a business segment named Compass Quantum to sell modular data centers as a service. Each module has enough room, power, and cooling to support 100kW of IT equipment in a two-node redundant arrangement. Quantum can handle site selection, permitting, building, and even facility upkeep as part of the service. If the data center is no longer needed, it will be packed up, refurbished, and sent to another location. Most importantly, rather than making an upfront capital investment, consumers can pay for their white space over the course of 7-10 years through operational expenses. When the initial contract expires, they will have the option to purchase the data center.
- The data center sector has been changing for a long time, but the last several years have been particularly challenging, mainly owing to the COVID-19 pandemic. At first, it may have appeared that all these changes were being made to accommodate stay-at-home orders on temporarily, but that is no longer the case. The surge in remote school and work, making business calls on Zoom instead of the phone, and utilizing an app for everything seems to be a permanent trend.
Data Center Infrastructure Management Industry Segmentation
The scope of the study includes various component types that include solutions and services and covers organization type and deployment size. The report covers segments by data center type, including small and medium-sized data centers, large data centers, and enterprise data centers. By deployment type, it covers on-premise and colocation. Based on geography, North America, Europe, Asia-Pacific, and the Rest of the World are considered in the scope. The report also covers the analysis of the impact of the COVID-19 pandemic on the market and the stakeholders, and the same has been considered for the current market estimation and future projections.
The Data Center Infrastructure Management Market is segmented by Data Center Type (Small and Medium-Sized Data Centers, Large Data Centers, Enterprise Data Centers), Deployment Type (On-Premise, Colocation), and Geography.
By Data Center Type | |
Small- and Medium-sized Data Centers | |
Large Data Centers | |
Enterprise Data Centers |
By Deployment Type | |
On-premise | |
Colocation |
By Geography | |
North America | |
Europe | |
Asia Pacific | |
Rest of the World |
Data Center Infrastructure Management (DCIM) Market Size Summary
The Data Center Infrastructure Management (DCIM) market is poised for significant growth over the forecast period, driven by the increasing demand for efficient management of data center operations. The market is experiencing a transformation due to the rise in cloud computing, big data, and artificial intelligence, which necessitate the management of high rack densities and limited space to minimize IT system downtime. The COVID-19 pandemic has posed challenges, causing delays in new data center constructions, but the need for advanced management solutions remains critical. The integration of API capabilities into DCIM solutions and the shift towards software-defined data centers are expected to enhance operational efficiency and scalability. Additionally, the expansion of edge computing and the deployment of smaller data centers closer to population centers are anticipated to further propel market growth.
In North America, the DCIM market is bolstered by the region's mature data center infrastructure and the declining costs of servers, which have accelerated the adoption of cloud computing. The United States, in particular, has seen a surge in data center capacity, with significant investments in edge computing capabilities. Key players in the market, such as IBM, Siemens, and Schneider Electric, are leveraging strategic partnerships and innovations to maintain a competitive edge. These companies are focusing on enhancing connectivity and energy efficiency through advanced technologies and collaborations. The market's competitive landscape is characterized by high rivalry, with major players continuously evolving their offerings to meet the growing demands of data center management.
Data Center Infrastructure Management (DCIM) Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.1.1 Rising Need to Manage Energy Consumption Across Data Centers
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1.1.2 Increase in the Number of Data Centers
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1.2 Market Challenges
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1.2.1 Need for Heightened Security for Physical and Network Infrastructures
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2. MARKET SEGMENTATION
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2.1 By Data Center Type
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2.1.1 Small- and Medium-sized Data Centers
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2.1.2 Large Data Centers
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2.1.3 Enterprise Data Centers
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2.2 By Deployment Type
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2.2.1 On-premise
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2.2.2 Colocation
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2.3 By Geography
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2.3.1 North America
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2.3.2 Europe
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2.3.3 Asia Pacific
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2.3.4 Rest of the World
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Data Center Infrastructure Management (DCIM) Market Size FAQs
How big is the Data Center Infrastructure Management (DCIM) Market?
The Data Center Infrastructure Management (DCIM) 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 (DCIM) Market size?
In 2024, the Data Center Infrastructure Management (DCIM) Market size is expected to reach USD 213.24 billion.