DATA CENTER INFRASTRUCTURE MANAGEMENT (DCIM) MARKET SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS (2023 - 2028)


Data Center Infrastructure Management Market Analysis:

The Data Center Infrastructure Market is projected to experience significant growth over the forecast period, with an estimated size of USD 200.85 billion in 2023, reaching USD 270.95 billion by 2028. This growth is expected to be driven by a compound annual growth rate (CAGR) of 6.17%.

However, the construction of new data center capacity has faced challenges due to the Covid-19 pandemic. Many vendors have chosen to postpone or cancel projects and activities to mitigate the risk of infection. This has resulted in inevitable delays in construction, as implementing social-distancing rules on building sites with multiple workers is difficult and compromises staff safety.

The growth of the data center infrastructure management (DCIM) market in recent years has been fueled by the need to effectively manage limited space and high rack densities, thereby reducing IT system downtime. Current estimates from AFCOM suggest that the average rack density in data centers is 16.9 kW, with approximately 67% reporting an increase in rack density over the past three years. Traditional air-cooling methods are proving inadequate in managing IT workloads, as most data centers face challenges with an average power density of 7 kilowatts per rack.

The emergence of 5G technology is expected to play a crucial role in the transformation of cities into smart cities, enabling citizens to benefit from advanced, data-intensive digital economies. To support this transformation, policymakers must prioritize the construction and upgrading of passive assets such as fiber networks and data centers.

The growth of cloud computing, Big Data, and AI is driving the need for higher rack densities in data centers. As more equipment is accommodated within limited data center space, effective IT management becomes essential. This underscores the importance of solutions like DCIM in addressing these challenges.

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