Markets and Markets : Data Center Infrastructure Management (DCIM) Market worth $3.14 billion in 2017
(M2 PressWIRE Via Acquire Media NewsEdge) According to new market report "Data Center Infrastructure Management (DCIM) Market - by Types (Software, Services & Size of Datacenters); by Industry
Verticals (Banking & Finance, Retail, Telecommunications, Healthcare); by Geographies (North America, Latin America, Europe, Asia-Pacific, Middle East &
Africa): Global Trends, Technology Advancements, Key Performance Indicators (KPIs), Enterprise Adoption, Competitive Ecosystem, Key Industry Player Profiles,
Venture Capital Funding Trends and Worldwide Market Forecasts (2012 - 2017)",by Marketsandmarkets, defines and segments the global Data Center Infrastructure
Management (DCIM) market with analysis and forecasting of the global revenues. It also identifies drivers and restraints for this market with insights on
trends, opportunities, and challenges.
Browse market data tables and in-depth TOC on "Data Center Infrastructure Management (DCIM) Market".
Early buyers will receive 10% customization on reports.
MarketsandMarkets has segmented the global DCIM market by software and services. The DCIM software and services market is further bifurcated by geographies
and verticals. Geographies covered include North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA), and Latin America; while verticals covered
include Retail, Banking & Finance, Healthcare, Telecommunications and Others. The DCIM market is also segmented based on the size of data centers, further
classified into various ranges.
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DCIM enables organizations to possess the critical capability of establishing whether the business needs all the hardware by identifying and measuring data
center assets and their inherent value. At the same time, DCIM also provides the organization with clear insight into cooling requirements, power usage,
utilization, applications and overall performance. With DCIM, enterprises can set measurable goals, establish business guidelines and investigate into future
scenarios for their infrastructure objectives. Moreover, with the recent stress on green and energy utilization compliance, organizations are looking for
ways to set realistic goals and achieve them without additional burden on their infrastructure and business resources. DCIM fills this gap perfectly and is
here to stay.
The global DCIM market is estimated to grow from $307 million in 2011 to $3.14 billion in 2017. This represents a compound annual growth rate (CAGR) of
47.33% from 2011 to 2017. In the present scenario, banking continues to be the largest adopter for DCIM. In terms of geographies, North America continues to
be the biggest market for DCIM software and services. However, over the next five years, Asia-Pacific (APAC) will experience increased market traction, to
become the biggest DCIM market globally.
The major forces driving the market are factors such as availability and sustainable IT, which will positively impact the data center infrastructure
management market because of the global push for Green data centers. At the same time, opportunities in venture capital funding will benefit the growth in
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