The US DCIM market was valued at US$ 465.2 million in 2019 and is projected to reach US$ 1469.0 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 DCIM market.
Impact of COVID-19 Pandemic on DCIM 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 DCIM market.
DCIM Market Insights
Increasing End-to-End Visibility Driving DCIM Market
Data centers offer enterprises higher data storage capacity, advanced servers, and faster computing capability. There is a rising need for scalable data centers from industries across all domains. The growing dependence of businesses on data centers is one of the prime factors driving the DCIM market. Data centers find their uniform application across various industries, namely IT & telecom, BFSI, government utilities, healthcare, energy, manufacturing, retail, education, and others. A data center is used by organizations to host web applications, save, process, and access huge data, in addition, to execute critical tasks. IT organizations face rising pressure to get more out of their existing infrastructure, often seeking DCIM as a solution. Meanwhile, as more IT infrastructure shifts to outsourced facilities, users need tools that give them visibility into those resources, where DCIM is helping enterprises. Thus, increasing the visibility of data center functions is driving the DCIM market.
Component-Based Market Insights
Based on component, the DCIM market is segmented into solution and service. The solution segment led the US DCIM market in 2019. The segment is expected to dominate the DCIM market during the forecast period. The DCIM solution helps data center identify, locate, visualize, and manage all data center assets and plan capacity for future growth. Moreover, DCIM solutions bridge information across organizational domains to maximize data center utilization. The solutions also help data center managers achieve greater efficiency in operations and mitigate problems that lead to equipment downtime. Also, the growing demand for reducing operation costs among the data centers is driving the US DCIM market growth. Moreover, the trend for next-generation DCIM is emerging. A next-generation DCIM solution, unlike the traditional DCIM solution, is hosted on a cloud and leverages new technologies such as AI, Machine Learning, and advanced analytics to offers better features compared to traditional DCIM solutions.
DCIM Market, by Solution – 2019 and 2027
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Application-Based Market Insights
Based on application, the DCIM market is categorized into asset management, network management, cooling management, power management, and security management. The asset management segment led the DCIM market in 2019 with the highest share and it is expected to continue its dominance during the forecast period. Asset tracking and management is one of the most crucial functions required in a datacentre to ensure high efficiency and reduced downtime of the IT asset. With the growing number of IT assets present in the data centers, IT asset tracking is becoming more complex. Moreover, the manual process for asset tracking and management is error-prone. As per the International Association for IT Asset Managers, an average enterprise can expect an error rate of 15% while manually tracking assets.
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US Data Center Infrastructure Management Market: Strategic Insights
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Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
US Data Center Infrastructure Management Market: Strategic Insights
Naveen
Have a question?
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to AnalystThe DCIM market is highly competitive, attributed to the presence of certain key players, including IBM, Schneider Electric, and Siemens. Players operating in the DCIM market are concentrating on expanding their product portfolio by focusing on increased power consumption capacities as well as lower space requirements. A few developments by key players are listed below:
In 2020, Sunbird Software announced the general availability of its latest Power IQ Release 7.2, strengthening its position as the global standard in remote data center management.
In 2020, Vertiv partnered with Honeywell for the development of an integrated micro-grid power management system that can make data centers more efficient and reliable while decreasing their emissions. The partnership will combine Honeywell's building-level systems with digital infrastructure equipment from Vertiv including DCIM, UPS and power distribution systems.
DCIM Market – by Component
- Solution
- Service
DCIM Market – by Data Center Type
- Tier I & II
- Tier III
- Tier IV
DCIM Market – by Application
- Asset Management
- Network Management
- Cooling Management
- Power Management
- Security Management
DCIM Market – by Industry Vertical
- BFSI
- Manufacturing
- IT & Telecom
- Government
- Healthcare
- Others
Company Profiles
- Schneider Electric,
- Nlyte Software Limited
- CommScope Inc
- Panduit,
- Vertiv Holdings Co
- Cormant, Inc.
- Sunbird Software, Inc,
- FNT Software
- UnityOneCloud
- Device42, Inc.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
The List of Companies - US DCIM Market
- Schneider Electric,
- Nlyte Software Limited
- CommScope Inc
- Panduit,
- Vertiv Holdings Co
- Cormant, Inc.
- Sunbird Software, Inc,
- FNT Software
- UnityOneCloud
- Device42, Inc.
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