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Data Center Infrastructure Management Market Size to Reach USD 10.2 Billion by 2032 growing at 15.3% CAGR - Exclusive Report by Acumen Research and Consulting

28 Jul 2024
Acumen Research and Consulting

The Data Center Infrastructure Management Market, valued at USD 2.9 Billion in 2023, is projected to surpass USD 10.2 Billion by 2032, indicating a robust CAGR of 15.3%

Data center infrastructure management integrates IT and facility management to ensure comprehensive monitoring across organizations infrastructure. The primary objective of DCIM is to offer administrators a complete overview of a data center's operational efficiency. Over recent years, there has been a notable rise in demand for diverse management services. DCIM tools assist administrators in pinpointing and understanding the connections between a facility and its IT systems. Energy-monitoring sensors and related hardware can be strategically deployed throughout the power infrastructure to enable DCIM software to precisely collect and analyze power usage effectiveness (PUE).

However, high initial costs and complexity associated with implementing data center infrastructure management solutions became a restraint for the data center infrastructure management market. Furthermore, development of modular and scalable DCIM solutions tailored for small and medium-sized enterprises prompted the market. As a consequence, market participants are looking into new advancements in the data center infrastructure management industry.

Data Center Infrastructure Management Market Trend

Data Center Infrastructure Management Market Statistics

  • The global data center infrastructure management market, generating USD 2.9 billion in 2023, projects a robust CAGR exceeding 15.3% from 2024 to 2032
  • North America leads with USD 1.2 billion of revenue in 2023
  • Asia-Pacific anticipates impressive growth with a projected CAGR of 16%
  • Based on component, solution dominance, holds 76% of market share in 2023
  • Based on data center type, enterprise data center sub-segment accomplished 39% of share in 2023
  • Based on deployment, on-premise segment gives 62% market share in 2023
  • Based on enterprise, large sized enterprises generated 73% share in data center infrastructure management market
  • Based on application, asset management creats 41% share in DCIM industry
  • Based in industry vertical IT & telecommunication segments holds 39% market share in 2023
  • A discernible trend in the data center infrastructure management market is growing emphasis on energy efficiency and sustainability is fueling innovations in green data center technologies and management practices

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Data Center Infrastructure Management Market Dynamics

Rising Need For Efficient Data Center Management To Reduce Operational Costs And Enhance Energy Efficiency Fuels the Data Center Infrastructure Management market value

The increasing demand for efficient data center management is driven by the imperative to reduce operational costs and enhance energy efficiency. As businesses expand their digital operations, the strain on data center infrastructure grows, necessitating sophisticated management solutions. DCIM addresses this challenge by providing tools for monitoring, managing, and optimizing resources such as power, cooling, and space utilization. By implementing DCIM solutions, organizations can achieve higher operational efficiency, lower energy consumption, and better overall performance. This market growth underscores the critical need for streamlined management tools that enable data centers to scale effectively while minimizing environmental impact and operational expenses.

Expansion of Data Centers in Emerging Markets Driving Demand for Advanced DCIM Solutions Offer Significant Data Center Infrastructure Management Market Opportunity

The expansion of data centers in emerging markets has sparked a significant demand for advanced DCIM solutions. These solutions are essential for optimizing the efficiency, reliability, and scalability of data center operations. They offer robust capabilities such as real-time monitoring, capacity planning, and energy management, which are crucial in maximizing resource utilization and minimizing operational costs. As businesses increasingly rely on digital infrastructure to support their growth, the need for comprehensive DCIM solutions becomes paramount. This trend not only enhances operational efficiencies but also addresses sustainability concerns by improving energy efficiency and reducing carbon footprints. Overall, the growing adoption of DCIM solutions underscores their pivotal role in supporting the rapid expansion and evolution of data centers in emerging markets.

Data Center Infrastructure Management Market Segmentation

The global market for data center infrastructure management has been segmented into component, data center type, deployment, enterprise, application, and industry vertical, and region.

  • Component is bifurcated into solution and service
  • Data center type are divided into enterprise data center, managed data center, colocation data center, and cloud and edge data center
  • Deployment are categorized into on-premise and cloud
  • Enterprise sub segmented into small and medium sized enterprises (SMEs), and large sized enterprises
  • Application segment is breakdown into asset management, capacity management, power monitoring, environmental monitoring, and BI and analytics
  • Industry vertical are classified into BFSI, government and public sector, information technology (IT) and telecommunications, manufacturing, healthcare and life science, and others
  • The data center infrastructure management market is geographically split into Europe, North America, Latin America, APAC, and the Middle East and Africa

Data Center Infrastructure Management Market Regional Outlook

In terms of data center infrastructure management market analysis, North America dominates the DCIM market. Major players in the region continuously invest in state-of-the-art data centers and efficient management solutions, bolstering their competitive edge. Growing number of internet users further contributes to industry’s growth in region. For instance, According to Statista, the number of internet users in the United States is expected to increase steadily by 19.9 million individuals (a growth of 6.15 percent) from 2024 through 2029.

Meanwhile, Asia-Pacific region is fastest-growing region in DCIM market due to escalating digital transformation efforts and increasing internet penetration across emerging economies. Countries like China and India are driving this growth, fueled by expanding IT investments and a burgeoning demand for scalable data management solutions. For instance, in June 2023, Vertiv introduced Vertiv EnerSav, a thermal management optimization service designed to assist data center operators across Asia in achieving energy savings. This service enables operators to identify opportunities to reduce energy consumption within their critical facilities without requiring extensive infrastructure changes. It is a cost-effective, environmentally friendly solution tailored for data centers and server rooms, offering low-risk and economical benefits.

Data Center Infrastructure Management Market Players

Data center infrastructure management companies profiled in the report include Schneider Electric, IBM, Vertiv, Siemens AG, Sunbird Software Inc., Unisys Corporation, ABB Ltd, Delta Electronics Inc., NTT Data Corporation, EATON Corporation, Vision Solutions, Hewlett Packard Enterprise Company, Cormant Inc., Stulz GmbH, Modius Inc, Dell Inc., Cormant Inc., and Cisco Systems Inc.

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