Data Centre Infrastructure Management Market Size, Share, Growth Analysis, By Component(Hardware, Software, Service), By Data Centre Type(Small & Medium-Sized Infrastructure, Large-Scale Infrastructure), By Tier Type(On-Cloud, On-Premises), By Vertical(BFSI, IT & Telecom, Retail, Healthcare), By Region - Industry Forecast 2024-2031

Global Data Centre Infrastructure Management Market size was valued at USD 3.1 billion in 2022 and is poised to grow from USD 3.6 billion in 2023 to USD 11.6 billion by 2031, growing at a CAGR of 15.8% during the forecast period (2024-2031).

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.