The global data center infrastructure management market size is expected to reach USD 4.49 billion by 2030 according to a new study by Polaris Market Research. The report “Data Center Infrastructure Management Market Share, Size, Trends, Industry Analysis Report, By Components (Solution, Services), By Deployment Model (On-premises, Cloud), By Application; By Vertical; By Region; Segment Forecast, 2022 - 2030” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The global market is anticipated to witness progressive growth on account of the indispensable requirements to increase data center uptime and energy efficiency, along with the advent of next-generation data center infrastructure management offerings. Furthermore, the increased investment in large data center power solutions to help in cost-effective power management is anticipated to drive the growth of the global market. In addition, the increase in the expenditure on data center technology and infrastructure management is projected to reinforce the market growth globally.
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Based on the deployment type, the on-premise segment garnered the largest revenue share. The growth of the segment can be attributed to its exceptional features such as consistent and protected data collection, reporting, and forewarning for an individual environment. It also provides administrators with the information associated with infrastructure availability, security, power consumption, airflow, and temperature. On the other hand, cloud deployment is registered to show lucrative opportunities for market growth.
This is due to very low to no capital investment, better scalability, flexibility, and the reduced requirement for IT expertise. As a result, this model is well-suitable for highly regulated technology companies, government organizations, and others. Globally, various central and state governments are also taking remarkable initiatives for the promotion of greener data centers rather than using traditional data centers in industrial applications.
For instance, the Indian government has formulated Data Center Policy 2020, which monitors the availability of economic resources and easy and cost-effective access to power, which enables the nation to become a global data center hub in the upcoming period. Therefore, such government policies to fuel data center construction are further projected to fuel the growth of the market.
Market participants such as Siemens, Graphical Networks, GreenField Software, Nlyte Software, Optimum Path, Schneider Electric, ABB, Sunbird Software, Delta Electronics, and UnityOneCloud are some of the key players operating in the global market. Further, the companies are initiating collaborative efforts in order to increase their market share and positioning. For instance, in January 2022, Oracle inaugurated a new data center in South Africa in order to offer cloud-based services across the nation. This will increase the demand for faster computing from African banks and telecom firms in the largely untapped market.
Polaris Market Research has segmented the data center infrastructure management market report on the basis of component, deployment model, application, vertical, and region:
Data Center Infrastructure Management, Component Outlook (Revenue - USD Billion, 2018 - 2030)
Data Center Infrastructure Management, Deployment Model Outlook (Revenue - USD Billion, 2018 - 2030)
Data Center Infrastructure Management, Application Outlook (Revenue - USD Billion, 2018 - 2030)
Data Center Infrastructure Management, Vertical Outlook (Revenue - USD Billion, 2018 - 2030)
Data Center Infrastructure Management, Regional Outlook (Revenue - USD Billion, 2018 - 2030)