Data Center Infrastructure Management Market has experienced a growth of-late. The requirement for gaining end-to-end visibility for forecasting capacity management requirements, actions for improving the uptime of the data center, energy efficiency, growing demand for sustainability and a low carbon footprint, and increasing count of hyperscale data centers are responsible for the growth of the industry
The asset management category will hold the largest share in the future.IT asset management is becoming more difficult, as the complexities of the systems are increasing day-by-day. Several small organizations make use of conventional methods to track down the IT assets like, paper, pen, and spreadsheets. Such methods cannot deal with the increasing pace of IT infrastructure development.
Moreover, with these conventional methods,15% errors can be expected on an average. Asset management capabilities offered by DCIM solutions are helpful in tracking and managing the systems within the organization in a more convenient and automated way.
Initially, the pandemic had a negative impact on the building of data centres, as laborers were heading back home because of lockdowns but as companies shifted toward the online working model, the load on the existing data center infra increased, helping the demand for the DCIM solutions to grow.
The on-premises DCIM bifurcation will create the higher revenue by 2030. They play an important role in organizations. Data on power consumption, data on infrastructure availability, airflow temperature, humidity and additional characteristics of the data centre processes can be monitored. All these parameters are required to be monitored consistently to avoid the loss of crucial data and revenue.
The APAC region is projected to grow with the highest growth rate in the coming years. In Japan, India, China, the adoption of enhanced digital technologies like the IOT and machine learning are increasing.
Moreover, the government of these countries are heavily investing on the construction of data centres. The government of India is focusing more to make India a global data centre hub, by promoting investments for the same.
5G connectivity will allow data to move more easily between locations. It is expected that this new communication technology will provide immense support for machine-to-machine connectivity, with over 100,000 connections per square kilometer.
Moreover, it is expected that 5G will going to play a vital role in the conversion of normal cities into smart cities, Thus, the increasing deployment of the 5G is trending in the data centre infrastructure management market all around the world.
As the deployment of 5G technology is increasing and many organizations are leaning more toward remote working. As a result of this, the requirement for data centre infrastructure management solutions will increase in future.
SOURCE: P&S Intelligence
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