The revenue of data center infrastructure management (DCIM) market to cross $3000 million by 2024

The DCIM market players comprise ABB Ltd., Dell, Inc., IBM Corporation, Modius, Inc., NTT DATA, Panduit Corporation, Siemens AG, Cisco Systems, Inc., Nlyte, and Vertiv Co.

The segmentation by data center infrastructure management (DCIM) market indicates that the solutions segment is anticipated to witness a higher growth as compared to the services segment. The rising movement toward cloud solutions and the increase in the construction of new data centers are anticipated to drive the demand for the network management solution segment. Data centers contain a large number of physical and virtual network-based devices, which are interconnected and require devoted applications to ensure that they are working efficiently. These technologies ensure that all resources are utilized and can mitigate human errors and reduce downtime, providing substantial savings to an organization and driving the growth of the DCIM market.

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The end-use segmentation of the DCIM market indicates that the healthcare sector is anticipated to witness a substantial growth as opposed to the other sectors. Medical professionals are increasingly adopting cloud solutions that will allow them a fast access to a vast storage of information at any interval of time.

The increase in industrial and outsourcing activities in the South-East Asian regions is contributing to the strong projected growth of the data center infrastructure management market owing to the presence of low-cost resources such as skilled labor, electricity, and space. Additionally, countries including Hong Kong and India are investing heavily in the improvement of their broadband infrastructure.

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The rising instances of cyber-attacks and breach of security in data centers are contributing heavily to the proliferation of these technologies in the North America data center infrastructure management (DCIM) market. The average cost of data center attacks in the U.S. was estimated to be over USD 4 million. The adoption of DCIM can reduce the instances of such attacks through the installation of security management solutions.

The DCIM market players comprise ABB Ltd., Dell, Inc., IBM Corporation, Modius, Inc., NTT DATA, Panduit Corporation, Siemens AG, Cisco Systems, Inc., Nlyte, and Vertiv Co. The industry is majorly influenced by technological trends and advancements and a noticeable trend owing to this among companies is heavy investments in R&D activities and acquisitions to sustain long-term growth.

Browse key industry insights spread across 250 pages with 283 market data tables & 32 figures & charts from the report, “Data Center Infrastructure Management (DCIM) Market Size By Component (Solutions [Asset Management, Network Management, Cooling Management, Power Management, Security Management], Services [Installation & Integration, Managed, Consulting]), By End-Use (Colocation, BFSI, Energy, Government, Healthcare, Manufacturing, IT & Telecom), Industry Analysis Report, Regional Outlook (U.S., Canada, Mexico, UK, Germany, France, Spain, Poland, Benelux, China, India, Japan, Singapore, Australia, Indonesia, Brazil, Colombia, Venezuela, Bolivia, Chile, Peru, GCC, Africa), Application Potential, Price Trend, Competitive Market Share & Forecast, 2018 – 2024” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/data-center-infrastructure-management-market

Table of Contents (ToC) of the report:
Chapter 5. DCIM Market, By End-Use
5.1. Key trends by end-use
5.2. Colocation
5.2.1. Market estimates and forecasts, 2013 – 2024
5.2.2. Market estimates and forecasts, by region, 2013 – 2024
5.3. BFSI
5.3.1. Market estimates and forecasts, 2013 – 2024
5.3.2. Market estimates and forecasts, by region, 2013 – 2024
5.4. Energy
5.4.1. Market estimates and forecasts, 2013 – 2024
5.4.2. Market estimates and forecasts, by region, 2013 – 2024
5.5. Government
5.5.1. Market estimates and forecasts, 2013 – 2024
5.5.2. Market estimates and forecasts, by region, 2013 – 2024
5.6. Healthcare
5.6.1. Market estimates and forecasts, 2013 – 2024
5.6.2. Market estimates and forecasts, by region, 2013 – 2024
5.7. Manufacturing
5.7.1. Market estimates and forecasts, 2013 – 2024
5.7.2. Market estimates and forecasts, by region, 2013 – 2024
5.8. IT & telecom
5.8.1. Market estimates and forecasts, 2013 – 2024
5.8.2. Market estimates and forecasts, by region, 2013 – 2024
5.9. Others
5.9.1. Market estimates and forecasts, 2013 – 2024
5.9.2. Market estimates and forecasts, by region, 2013 – 2024
Browse Full Table of Contents (ToC) @ https://www.gminsights.com/toc/detail/data-center-infrastructure-management-market

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