Data Center Infrastructure Management Market Stood At ~$1.5 Billion In 2020

The crucial requirement to improve data center uptime and energy efficiency, need for end-to-end visibility for predicting capacity management requirements, and rising digitalization rate across various sectors are driving the demand for data center infrastructure management solutions.

In 2020, due to the COVID-19 pandemic, the global data center infrastructure management market saw huge growth, as data centers allowed organizations to work remotely. The imposition of multiple lockdowns and other restrictions forced organizations to function with reduced workforces, since offices were not permitted to operate at full capacity, which is why they shifted to the work from home model. Furthermore, the pandemic caused an explosion of data through smartphones, social networking sites, e-commerce, digital entertainment, digital education, digital payments, and many other digital platforms/applications.

Asset Management Category to Witness Highest Demand during Forecast Period

The data center infrastructure management market has been categorized into asset management, capacity planning, power monitoring, environmental monitoring, business intelligence (BI) and analytics, and others, based on application. Among these, the asset management category is expected to hold the largest market share in 2030. This will be because data centers are becoming more complex in nature, and the usage of conventional methods, such as pens, paper, and spreadsheets, may not be able to help in properly tracking the assets’ performance. An organization can expect an average error rate of 15% while using such obsolete processes.

The data center infrastructure management market is bifurcated into on-premises and cloud categories, on the basis of deployment model. On-premises category is expected generate the higher revenue in 2030. DCIM systems play a crucial role in organizations by collects data from the sensors across the data center. Infrastructure availability, power consumption, humidity, airflow, temperature, and other variables can all be monitored by on-premises DCIM systems, thus enabling easy tracking and management.

Geographically, the Asia-Pacific (APAC) region is expected to grow at the highest rate in the forecast period. This is mainly attributed to the rapid growth in the data center business and government regulations that are facilitating the construction of data centers. For instance, the Data Center policy of the Government of India released in 2020 aims at making India a global data center hub by promoting investments in the sector, enabling provisioning of trusted hosting infrastructure to fulfill the growing demands of the country, and facilitating state-of-the-art service delivery to citizens.

Development of New Solutions Is Most-Effective Strategic Measure Taken by Market Players

Players in the data center infrastructure management market are involved in product launches and development to meet the consumer demand and gain a significant position. For instance, in August 2020, Schneider Electric announced the release of the third version of EcoStruxure Power, an internet of things (IoT)-enabled platform that optimizes, digitizes, and simplifies electrical distribution networks, thereby making them smarter, safer, faster, and more robust.

The major players operating in the global data center infrastructure management market include ABB Ltd., CommScope Inc., Delta Electronics Inc., Cisco Systems Inc., Hewlett-Packard Enterprise, Huawei Technologies Co. Ltd., Infosys Limited, IBM Corporation, Nlyte Software, NTT DATA Corporation, Raritan Inc., Modius Inc., and Panduit Corporation.