USD 3.1 billion
Report ID:
SQMIG45D2085 |
Region:
Global |
Published Date: March, 2024
Pages:
197
|Tables:
116
|Figures:
73
Data Centre Infrastructure Management Market size was valued at USD 3.6 Billion in 2023 and is poised to grow from USD 4.17 Billion in 2024 to USD 13.43 Billion by 2032, growing at a CAGR of 15.8% during the forecast period (2025-2032).
The market for data center infrastructure is expanding quickly because of several important factors. First off, as organizations increasingly rely on cloud-based deployments, the quick adoption of cloud computing in conjunction with digital transformation projects has led to a spike in demand for data centers. To handle these enormous data volumes, data center infrastructure expenditures have also increased due to the exponential expansion in data generation and the rising requirement for storage. The growth of hyperscale data centers, which are renowned for their capacity to manage extensive requirements for data processing and storage, has further stimulated industry expansion. Additionally, businesses can now more accurately anticipate their needs for data center capacity, which helps them allocate resources more efficiently.
The building of hyper-scale data centers by digital businesses around the world, which indicates more investments in data center infrastructure, is another noteworthy possibility. In addition, the growing market for green data centers—which prioritize environmentally and energy-efficiently—offers a promising opportunity for long-term expansion. Last but not least, the introduction of 5G networks creates a demand for data centers that can manage the surge in data traffic, creating opportunities for more market growth. Nevertheless, the market is constrained by factors like the high energy consumption of data centers and the difficulties involved in building them, necessitating creative solutions to operational and sustainable problems. In the digital age, the data centre infrastructure management market has enormous growth and progress potential, despite these obstacles.
Global Market Size
USD 3.1 billion
Largest Segment
Hardware
Fastest Growth
Service
Growth Rate
15.8% CAGR
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The global data centre infrastructure management market is segmented on the basis of component, data centre type, tier type, vertical. Based on component, the market is segmented into hardware, software, service. By data centre type, the market is segmented into small & medium-sized infrastructure, large-scale infrastructure. By tier type, the market is segmented into on-cloud, on-premises. By vertical, the market is segmented into BFSI, IT & telecom, retail, healthcare.
Analysis By Component
In 2023, the hardware category accounted for around 73.31% of market revenue, holding the lion's share of market share. The physical components that make up a data centre comprise its infrastructure. Physical infrastructure for data centres essentially refers to the IT equipment and auxiliary hardware (such as air conditioning and heating systems) that are housed inside the building.
Meanwhile, the demand for services in the data centre infrastructure management marketplace is slated to increase at a notable pace across the forecast period. Growing requirement of upkeep of increasingly complex data centres around the world will allow this segment to expand at a rapid pace going forward.
Analysis By Data Centre Type
The enterprise, colocation, cloud data centre, and edge data centre segments of the data centre infrastructure management market are based on components. With a revenue share of about 44.1% in 2023, the enterprise data centre sector owned the lion's share of the market.
Enterprise data centres are individual buildings that are owned and managed by a single business to meet its own IT infrastructure requirements. Because they can handle and manage massive volumes of traffic or data, these data centres are particularly well-suited for businesses that need customized networks or can take advantage of economies of scale. Organizations may choose to maintain enterprise data centres for several reasons, such as cost-effectiveness, improved performance, privacy protection, regulatory compliance, or improved security. These data centres can be located on-site or off-site, depending on factors like power availability, water accessibility, connection, and security. They are specifically made to work with an organization's specific business applications and procedures.
On the other hand, the demand for edge data centres is projected to soar high over the coming years. Growing adoption of edge computing technologies and increasing application scope of the same are slated to bolster market growth via this segment going forward. Advancements in edge computing technologies will also foster new opportunities for data centre infrastructure management companies in the future.
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This market will be dominated by the data center infrastructure industry in North America. The expansion of big data analytics, cloud computing, and mobile broadband in this region is driving the need for new data center infrastructures. Additionally, it is projected that during the projection period, demand for DCIM will rise as cloud computing becomes more and more popular among North American enterprises as a result of declining server prices. The data center industry in the West of the US is well-established and growing. Data center operators will profit from the excellent connection and proximity to nearby IT hubs, making it a prudent investment. Approximately 90% of digital enterprises in California are part of this industry, which also includes cloud service providers and other IT and technology companies.
Because of its significance as a global hub for technology, Europe has the second-largest market share for data center infrastructure. With the increasing use of 5G, VR, and AI, the local enterprise IT sector is changing. In addition, the UK data centre infrastructure management market was developing at the quickest rate in the European Union, while the German data center infrastructure industry retained the biggest market share.
From 2023 to 2032, the Asia-Pacific data centre infrastructure management market is anticipated to develop at the quickest compound annual growth rate (CAGR). The number of SMEs in the Asia Pacific area has increased as a result of expanding internet usage and increasing access to commercial digital solutions. The data center sector is growing faster thanks to the rising usage of big data and artificial intelligence in this field. Furthermore, the data centre infrastructure management market in China commanded the most market share, while the data centre infrastructure management market in India grew at the fastest rate in the Asia-Pacific area.
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Drivers
Growing demand from all businesses for scalable data centres
Emphasis on Sustainability & Energy Efficiency
Restraints
Data Security and Privacy Concerns
Complications in Integration
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The market for data center infrastructure is characterized by many national, international, and local companies. Everybody in the market is fighting for the largest possible market share, making it a competitive market. The market is growing due to several factors, including the quick adoption of cloud computing in conjunction with digital transformation, the exponential growth in data generation and surge in storage demand, the emergence of hyper-scale data centers, the ability to predict data center capacity requirements with visibility, and the propensity of organizations for cloud-based deployments. The data centre infrastructure management market is being held back by factors such as high energy consumption, construction-related problems, cybersecurity, and physical security. On the other hand, the market will expand due to the tech companies' development of hyperscale data centers across the globe, the increasing demand for green data centers, and the implementation of 5G networks.
Key data center infrastructure management market players are concentrating on improving their products by incorporating cutting-edge technologies. These businesses compete in the data centre infrastructure management market to grow their clientele, reach new markets, and establish strategic alliances. They are also well-known suppliers of data center infrastructure.
Through partnerships and collaborations, Cisco hopes to increase its client base, product variety, and geographic reach. Cisco prioritizes collaborations and product advancements to fortify its standing within the worldwide operational technology security industry. The company's primary growth strategy in the worldwide market is organic. It plans to spend money on R&D and innovations to guarantee a robust product portfolio and a strong market presence. By forming alliances and partnerships, Cisco hopes to increase both its clientele and its geographic reach to stay competitive in the market.
Top Player’s Company Profile
Recent Developments
Rising Adoption of Cloud-based Platforms
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyzes the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to SkyQuest Analysis, the Global data centre infrastructure management market is, anticipated to increase dramatically over the course of the projected period, with a CAGR of 15.8%, to reach USD 19.61 billion by 2031. Numerous factors, such as the growing reliance on cloud-based deployments, digital transformation initiatives, and the exponential development in data generation and storage requirements, are responsible for this growth.
Hardware, software, services, data center types (small and medium-sized, large-scale), tier types (on-cloud, on-premises), and verticals (BFSI, IT & Telecom, Retail, Healthcare) are the factors that divide the market. The enterprise data center sector dominated the market with a high revenue share in 2023, with hardware accounting for the largest market share.
The increasing need for scalable data centers in all industries is one of the main drivers, yet unreliable infrastructure in some countries is one of the main obstacles. The market is competitive, and growth is influenced by elements including excessive energy consumption, difficulties in the building industry, cybersecurity, and physical security.
The market's trajectory is being shaped by trends like the shift from conventional to edge computing, the need for smaller data centers as a result of edge computing, and the growing popularity of software-defined data centers.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 3.1 billion |
Market size value in 2031 | USD 11.6 billion |
Growth Rate | 15.8% |
Forecast period | 2024-2031 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Customization scope | Free report customization with purchase. Customization includes:-
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Data Centre Infrastructure Management Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Data Centre Infrastructure Management Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Data Centre Infrastructure Management Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Data Centre Infrastructure Management Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
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Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
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Report ID: SQMIG45D2085
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