According to our latest market study on “US Data Center Infrastructure Management Market Forecast to 2027 – COVID-19 Impact and Analysis – by Component (Solution and Service), Data Center Type (Tier I & II, Tier III, and Tier IV), Application (Asset Management, Network Management, Cooling Management, Power Management, and Security Management), and Industry Vertical (BFSI, Manufacturing, IT & Telecom, Government, Healthcare, and Others),” the market was valued at US$ 465.2 million in 2019 and is projected to reach US$ 1496.0 million by 2027; it is expected to grow at a CAGR of 15.7% from 2020 to 2027.
US is a technologically advanced country with the presence of a large number of IT and telecommunication companies. Some of the well-established players have set-up their datacentres in the US. Some of the significant datacentres in US include Switch SuperNAP in Las Vegas, Nevada; DuPont Fabros Technology in Washington, DC; Utah Data Center in Utah; Microsoft's Data Center; Lakeside Technology Center; QTS Metro Data Center in Atlanta; and NAP of the Americas in Miami, Florida. The datacentre providers are focusing on adopting new technologies to improve their efficiency and reduce the costs. The datacentre providers are adopting DCIM to gain more visibility, improve operations, and reduce operational costs. Therefore, the presence of a large number of datacentres is expected to support the growth of the data center infrastructure management market.
Moreover, the federal and local governments are investing significantly in the modernization of their data center and improving their efficiency and security. For instance, the US government announced, which focused on optimizing agencies' data center. Moreover, an updated efficiency initiative from the US Office of Management and Budget required US federal government data centers to install data center infrastructure management by 2018. A continuous focus of the government towards optimizing their data center is expected to influence the growth of the US's DCIM market positively. Additionally, various companies operating in the market are focusing on offering cutting edge solutions for government agencies. For instance, Nlyte, Rackwise, and Sunbird are the major companies operating in the market, offering government agencies solutions.
The DCIM market is highly competitive, attributed to the presence of certain key players, including IBM, Schneider Electric, and Siemens. Market players operating in DCIM market are concentrating on expanding their product portfolio by focusing on increased power consumption capacities as well as lower space requirements.
Impact of COVID-19 on Data Center Infrastructure Management Market
The outbreak of the COVID-19 pandemic has resulted in increased adoption of cloud-based DCIM solutions by enterprises intending to manage their data center operations. A cloud-based solution helps an enterprise to execute everyday operations remotely. Further, due to the COVID-19 pandemic, several companies have started giving an option for work from home (WFH) to safeguard the health of their employees. Since data centers enable digital commerce and online meetings, the rise in demand is expected to increase post-COVID-19. However, certain industries, such as hospitality, and media & entertainment, have impacted the r DCIM market.
The report segments the US data center infrastructure management market as follows:
Data Center Infrastructure Management Market – by Component
- Solution
- Service
Data Center Infrastructure Management Market – by Data Center Type
- Tier I & II
- Tier III
- Tier IV
Data Center Infrastructure Management Market – by Application
- Asset Management
- Network Management
- Cooling Management
- Power Management
- Security Management
Data Center Infrastructure Management Market – by Industry Vertical
- BFSI
- Manufacturing
- IT & Telecom
- Government
- Healthcare
- Others