Data Center Infrastructure Management (DCIM) Solutions Market to grow by USD 7.55 billion from 2022 to 2027, Growth Driven by Increased focus on energy management and green initiatives- Technavio

NEW YORK, Sept. 8, 2023 /PRNewswire/ — The data center infrastructure management (DCIM) solutions market by end-user (large enterprises and small and medium enterprises), application (asset and capacity management, energy management, power and cooling management, and network management), and geography (North America, APAC, Europe, Middle East and Africa, and South America) – Forecast and Analysis 2023-2027″ report has been added to technavio offering. With ISO 9001:2015 certification, Technavio has proudly partnered with more than 100 Fortune 500 companies for over 16 years. The potential growth difference for the data center infrastructure management (DCIM) solutions market from 2022 and 2027 is USD 7.55 billion. The increased focus on energy management and green initiatives is a key factor driving market growth. One of the biggest expenses in data center operating costs includes energy costs. There is an increasing focus on reducing the greenhouse gas emissions and carbon footprint of data centers. Furthermore, businesses are forced to buy more resources due to the increasing generation of data through IoT. With the reduction of power consumption of high-density devices and the use of renewable energy sources emerging as a new area of interest in data centers, DCIM solutions help measure power consumption. of data centers is increasing. Hence, these factors are expected to drive market growth during the forecast period. Get deeper insights into the market size, current market scenario, future growth opportunities, major growth driving factors, the latest trends, and much more. Buy the full report here

Market Challenge 
The integration of APIs is a significant challenge restricting market growth. Integration is one of the key components required to manage a data center ecosystem, and businesses should also opt for DCIM software that easily integrates with existing business systems. In addition, since DCIM measures the impact of many different integrations through the API, it is one of the key components of the software, but integrating via the API is difficult and time-consuming. Hence, these factors are expected to restrict market growth during the forecast period.
Learn about additional key drivers, trends, and challenges available with Technavio. Read Sample PDF Report Now
The data center infrastructure management (DCIM) solutions market has been segmented by End-user (Large enterprises and Small and medium enterprises), Application (Asset and capacity management, Energy management, Power and cooling management, and Network management), and Geography (North America, APAC, Europe, Middle East and Africa, and South America). 
The market share growth by the large enterprises segment will be significant during the forecast period. Factors such as ease of management and growing demand for data centers, large enterprise sectors such as ABB, BGIS, and FNT have contributed significantly to the growth of the global DCIM solutions market as an end user. For example, to effectively manage and analyze the massive amounts of data of large enterprises, they need a solid and scalable infrastructure. Demand for DCIM solutions is growing due to the growing demand for data center capacity and the need to reduce operating costs. Hence, these factors are expected to drive segment growth during the forecast period.North America is estimated to contribute 40% to the growth of the global market during the forecast period. View the Sample Report for insights into the contribution of all the segments and regional opportunities in the report.
Key Companies in the Data Center Infrastructure Management (DCIM) Solutions market market:
ABB Ltd., BGIS Global Integrated Solutions, Broadcom Inc., Carrier Global Corp., Cisco Systems Inc., CommScope Holding Co. Inc., Device42 Inc., Eaton Corp. Plc, FNT GmbH, Huawei Technologies Co. Ltd., Legrand SA, Modius Inc., Panduit Corp., Rackwise Inc., RF Code Inc., Schneider Electric SE, Siemens AG, Sunbird Inc., Unisys Corp., and Vertiv Holdings Co.
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The data loss prevention (DLP) market size is estimated to grow at a CAGR of 23.38% between 2022 and 2027. The market size is forecast to increase by USD 3,247.21 million. This data loss prevention market report extensively covers market segmentation by deployment (cloud-based and on-premises), technology (datacenter/storage-based DLP, endpoint DLP, and network DLP), and geography (North America, Europe, APAC, South America, and Middle East and Africa). The growing use of cloud for data storage is the key factor driving the growth of the market. 
Data Center Infrastructure Management (DCIM) Solutions Market Scope
Report Coverage
Details
Base year
2022
Historic period
2017-2021
Forecast period
2023-2027
Growth momentum & CAGR
Accelerate at a CAGR of 19.38%
Market growth 2023-2027
USD 7.55 billion
Market structure
Fragmented
YoY growth 2022-2023 (%)
18.44
Regional analysis
North America, APAC, Europe, Middle East and Africa, and South America
Performing market contribution
North America at 40%
Key countries
US, China, India, the UK, and Germany
Competitive landscape
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks
Key companies profiled
ABB Ltd., BGIS Global Integrated Solutions, Broadcom Inc., Carrier Global Corp., Cisco Systems Inc., CommScope Holding Co. Inc., Device42 Inc., Eaton Corp. Plc, FNT GmbH, Huawei Technologies Co. Ltd., Legrand SA, Modius Inc., Panduit Corp., Rackwise Inc., RF Code Inc., Schneider Electric SE, Siemens AG, Sunbird Inc., Unisys Corp., and Vertiv Holdings Co.
Market dynamics
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.
Customization purview
If our report has not included the data you are looking for, you can reach out to our analysts and get customized segments.
ToC:Executive Summary
Market Landscape
Market Sizing
Historic Market Sizes
Five Forces Analysis
Market Segmentation by End-User
Market Segmentation by Application
Market Segmentation by Geography
Customer Landscape
Geographic Landscape
Drivers, Challenges, & Trends
Company Landscape
Company Analysis
Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contacts
Technavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: media@technavio.comWebsite: www.technavio.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/data-center-infrastructure-management-dcim-solutions-market-to-grow-by-usd-7-55-billion-from-2022-to-2027–growth-driven-by-increased-focus-on-energy-management-and-green-initiatives–technavio-301921636.html
SOURCE Technavio 

NEW YORK, Sept. 8, 2023 /PRNewswire/ — The data center infrastructure management (DCIM) solutions market by end-user (large enterprises and small and medium enterprises), application (asset and capacity management, energy management, power and cooling management, and network management), and geography (North America, APAC, Europe, Middle East and Africa, and South America) – Forecast and Analysis 2023-2027″ report has been added to technavio offering. With ISO 9001:2015 certification, Technavio has proudly partnered with more than 100 Fortune 500 companies for over 16 years. The potential growth difference for the data center infrastructure management (DCIM) solutions market from 2022 and 2027 is USD 7.55 billion. The increased focus on energy management and green initiatives is a key factor driving market growth. One of the biggest expenses in data center operating costs includes energy costs. There is an increasing focus on reducing the greenhouse gas emissions and carbon footprint of data centers. Furthermore, businesses are forced to buy more resources due to the increasing generation of data through IoT. With the reduction of power consumption of high-density devices and the use of renewable energy sources emerging as a new area of interest in data centers, DCIM solutions help measure power consumption. of data centers is increasing. Hence, these factors are expected to drive market growth during the forecast period. Get deeper insights into the market size, current market scenario, future growth opportunities, major growth driving factors, the latest trends, and much more. Buy the full report here

Market Challenge 

The integration of APIs is a significant challenge restricting market growth. Integration is one of the key components required to manage a data center ecosystem, and businesses should also opt for DCIM software that easily integrates with existing business systems. In addition, since DCIM measures the impact of many different integrations through the API, it is one of the key components of the software, but integrating via the API is difficult and time-consuming. Hence, these factors are expected to restrict market growth during the forecast period.

Learn about additional key drivers, trends, and challenges available with Technavio. Read Sample PDF Report Now

The data center infrastructure management (DCIM) solutions market has been segmented by End-user (Large enterprises and Small and medium enterprises), Application (Asset and capacity management, Energy management, Power and cooling management, and Network management), and Geography (North America, APAC, Europe, Middle East and Africa, and South America). 

The market share growth by the large enterprises segment will be significant during the forecast period. Factors such as ease of management and growing demand for data centers, large enterprise sectors such as ABB, BGIS, and FNT have contributed significantly to the growth of the global DCIM solutions market as an end user. For example, to effectively manage and analyze the massive amounts of data of large enterprises, they need a solid and scalable infrastructure. Demand for DCIM solutions is growing due to the growing demand for data center capacity and the need to reduce operating costs. Hence, these factors are expected to drive segment growth during the forecast period.North America is estimated to contribute 40% to the growth of the global market during the forecast period. 

View the Sample Report for insights into the contribution of all the segments and regional opportunities in the report.

Key Companies in the Data Center Infrastructure Management (DCIM) Solutions market market:

ABB Ltd., BGIS Global Integrated Solutions, Broadcom Inc., Carrier Global Corp., Cisco Systems Inc., CommScope Holding Co. Inc., Device42 Inc., Eaton Corp. Plc, FNT GmbH, Huawei Technologies Co. Ltd., Legrand SA, Modius Inc., Panduit Corp., Rackwise Inc., RF Code Inc., Schneider Electric SE, Siemens AG, Sunbird Inc., Unisys Corp., and Vertiv Holdings Co.

Related Reports:

The Data Analytics Outsourcing Market size is estimated to grow at a CAGR of 32.59% between 2022 and 2027. The market size is forecast to increase by USD 23,111.4 million. This data analytics outsourcing market report extensively covers market segmentation by type (predictive, descriptive, and prescriptive), end-user (BFSI, healthcare, retail, IT and telecom, and others), and geography (North America, APAC, Europe, South America, and Middle East and Africa). One of the key factors driving the data analytics outsourcing market growth is the focus on reducing operational costs.

The data loss prevention (DLP) market size is estimated to grow at a CAGR of 23.38% between 2022 and 2027. The market size is forecast to increase by USD 3,247.21 million. This data loss prevention market report extensively covers market segmentation by deployment (cloud-based and on-premises), technology (datacenter/storage-based DLP, endpoint DLP, and network DLP), and geography (North America, Europe, APAC, South America, and Middle East and Africa). The growing use of cloud for data storage is the key factor driving the growth of the market. 

Executive Summary

Market Landscape

Market Sizing

Historic Market Sizes

Five Forces Analysis

Market Segmentation by End-User

Market Segmentation by Application

Market Segmentation by Geography

Customer Landscape

Geographic Landscape

Drivers, Challenges, & Trends

Company Landscape

Company Analysis

Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/data-center-infrastructure-management-dcim-solutions-market-to-grow-by-usd-7-55-billion-from-2022-to-2027–growth-driven-by-increased-focus-on-energy-management-and-green-initiatives–technavio-301921636.html

SOURCE Technavio