Data Center Infrastructure Management Market ? Trends And Technological Improvem
Posted by RASHMI on April 1st, 2019
According to a new market report published by Transparency Market Research, the global data center infrastructure management (DCIM) market is expected to reach a value of US$ 6,862.1 Mn by 2026 on account of growing adoption of DCIM software and solutions such as IT asset management and facility management across various industries. The market is projected to expand at a CAGR of 18.1% during the forecast period from 2018 to 2026.
The market in Asia Pacific is anticipated to experience healthy growth during the forecast period which is expected to be followed by Middle East & Africa.The data center infrastructure management (DCIM) solution segment is expected to see flourishing growth, owing to rising demand for data center infrastructure management (DCIM) in various industries such as IT, telecom, banking, retail, etc.
Due to the increasing usage of internet globally, the amount of data being generated is expected to drive the growth of data centers or server farms in the coming years. Most of the data centers have 24x7 operations which generate huge consumption of energy for cooling, lighting, IT equipment and others. The energy consumption also varies depending on the data center load which triggers better cooling needs.
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According to the National Resources Defence Council (NRDC), an environmental action organization, U.S. data centers in 2013 alone consumed 91 billion kilowatt-hours of electrical energy, which is expected to reach 139 billion kilowatt-hours by 2020. This is expected to put stress on data center companies in order to reduce their energy consumption and optimize data center efficiency. The usage of DCIM solutions is expected to fulfil this demand in the near future.
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About the AuthorRASHMI
Joined: February 27th, 2019
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