Data center infrastructure management or DCIM is used to extend the traditional functions, which helps the enterprises to include various resources and physical assets. These systems integrate facility management and information technology to monitor and manage the intelligent capacity planning of the critical systems of the information systems. The global data center infrastructure management market is driven by the rising demand for these systems and overall rise in the use of information technology in both small and large enterprises across various industrial verticals. all these factors are expected to create rise in demand for the industry during the next few years, which is also expected to be a vital sign for fresh investments.
Segmentation in the DCIM Industry
Researchers divide the global market on the basis of several components of the market. These components include their types and their demand across different industrial verticals and geographic regions. The basic types include services and software programs, which are used across different business verticals including BFSI, healthcare, information technology and telecommunication, retail and various other industries. On the basis of the geographic regions, the data center infrastructure management market is divided into North America, Latin America, Middle East and Africa & Asia pacific.
Drivers and Restraints
The global data center infrastructure management market is strongly driven by several vital factors. These driving factors include dynamic workload of information technology and power and cooling optimization and speed, workload tradeoff and the budget. Easy availability is also considered to be a positive growth factor for the market. Rising trends of sustainability and green IT services are also major driving factors for the global DCIM market.
According to the experts, the fragmentation in the industry is expected to create better opportunities for consolidation of the existing companies in the market. Venture capital funding and growth in the number of various types of data centers are also expected to drive investment opportunities in the DCIM industry. Despite the issues related to decision makers, the datacenter infrastructure management market is projected to witness exponential growth in the next few years.
According to the researchers who are analyzing this industry since the past few years, the market is set to make healthy growth during next few years. By 2017, the data center infrastructure management market is expected to grow at a healthy CAGR of over 47%. At the projected compound annual growth rate, the DCIM industry is set to reach past $3.14 billion by the end of the year 2017. On the basis of geographic growth, the industry is set to witness maximum rise in demand across North America. However, Asia Pacific region is also set to witness maximum growth during the forecasting period.