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About this market
The increase in number of colocation providers is one of the primary factors driving the global data center infrastructure management solutions market growth. The adoption of colocation data centers is increasing because of the increasing demand for cloud services and managed services among enterprises. Colocation providers help in scaling up the data centers and improving its operational efficiency. Therefore, the increased need for cloud services and managed services among enterprises will fuel the growth of the market during the forecast period. analysts have predicted that the data center infrastructure management solutions market will register a CAGR of nearly 22% by 2023.
Market Overview
Increased focus on automation among enterprises
One of the growth drivers of the global data center infrastructure management solutions market is the increased focus on automation among enterprises. Data center automation is a cost-effective process. It not only helps to reduce the manual intervention of enterprises but also aids to identify the defects, faults, and capacity concerns of a data center. Hence, the demand for DCIM is increasing, which is expected to drive the market during the forecast period.
High investment and slower ROI
One of the challenges in the growth of global data center infrastructure management solutions market is the high investment and slower ROI. The DCIM software only encounters loopholes and problems, but unable to solve any issue, which will hamper the growth of the market during the forecast period.
For the detailed list of factors that will drive and challenge the growth of the data center infrastructure management (DCIM) solutions market during 2019-2023, view our report.
Competitive Landscape
The market appears to be moderately concentrated and with the presence of few vendors. The vendors in the market are adopting DCIM software along with IoT because it helps them to take action accordingly to resolve troubleshooting and deploying different IT models. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.
The increase in number of colocation providers is one of the primary factors driving the global data center infrastructure management solutions market growth. The adoption of colocation data centers is increasing because of the increasing demand for cloud services and managed services among enterprises. Colocation providers help in scaling up the data centers and improving its operational efficiency. Therefore, the increased need for cloud services and managed services among enterprises will fuel the growth of the market during the forecast period. analysts have predicted that the data center infrastructure management solutions market will register a CAGR of nearly 22% by 2023.
Market Overview
Increased focus on automation among enterprises
One of the growth drivers of the global data center infrastructure management solutions market is the increased focus on automation among enterprises. Data center automation is a cost-effective process. It not only helps to reduce the manual intervention of enterprises but also aids to identify the defects, faults, and capacity concerns of a data center. Hence, the demand for DCIM is increasing, which is expected to drive the market during the forecast period.
High investment and slower ROI
One of the challenges in the growth of global data center infrastructure management solutions market is the high investment and slower ROI. The DCIM software only encounters loopholes and problems, but unable to solve any issue, which will hamper the growth of the market during the forecast period.
For the detailed list of factors that will drive and challenge the growth of the data center infrastructure management (DCIM) solutions market during 2019-2023, view our report.
Competitive Landscape
The market appears to be moderately concentrated and with the presence of few vendors. The vendors in the market are adopting DCIM software along with IoT because it helps them to take action accordingly to resolve troubleshooting and deploying different IT models. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
