• • • DATA CENTRE MANAGEMENT • • •
Data Centre infrastructure market Abhinav Dhruwa, senior manager-ICT Business Practice, Markets and Markets
he data centre infrastructure management (DOM) market is rapidly expanding as organisations focus on improving data centre operations and increasing overall efficiency. The rise is fuelled by the growing demand for immediate monitoring, automation and oversight of intricate IT systems, leading to lower downtime and operational expenses. Companies increasingly adopt digital transformation and manage increasing amounts of data, the need for advanced DOM solutions with smart analytics, automated resource allocation and enhanced energy efficiency is on the rise. This trend is driving market expansion and encouraging creativity in DCIM technologies.
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The integration of real-time monitoring, predictive analytics and automation technologies in DCIM, transforms data centre operations. These advanced instruments help organisations better see their infrastructure, allowing for proactive management of power, cooling and space usage. The use of predictive analytics enables the prediction and resolution of problems before they cause delays, as automation enhances resource management and minimises manual effort. Businesses enhance operational efficiency, reduce energy usage and streamline operations by implementing DOM solutions. This technological advancement is leading to the increased use of DCIM systems and boosting market expansion as businesses 100k for more intelligent, effective methods to oversee their data centres. Although experiencing rapid growth, the DCIM market encounters numerous obstacles.
Combining DCIM solutions with old systems can be difficult, frequently resulting in compatibility problems and operational inefficiencies. The difficult leaming process of advanced DCIM technologies can hinder their adoption, as IT teams may find it challenging to utilise all the features effectively. Furthermore, effective implementation of DCIM tools in extensive, decentralised data centres necessitates thorough planning and coordination to prevent fragmented supervision. Managing costs and achieving a clear ROI can be challenging without strong monitoring and optimisation tools. Furthermore, organisations face ongoing challenges in ensuring data security and meeting regulatory requirements within complex
and interconnected infrastructures, while also needing to update.
North America to lead market from 2024 to 2029
The DCIM market has various growth opportunities despite encountering challenges. Al-powered analysis and machine learning are transforming DCIM through predictive maintenance, automated optimisation and improved decision-making, leading to increased operational efficiency and decreased downtime. The emergency of edge computing and hybrid cloud environments creates new opportunities for DOM solutions, as organisations now need tools that Offer complete Visibility and control over dispersed infrastructures. Furthermore, the increasing focus on sustainability leads to an increased need for DCIM platforms that can enhance energy efficiency and decrease carbon emissions. Developments such the rollout of 5G, the growth of IOT and the decentralisation of data centres are opening new possibilities for smarter and more adaptable DCIM solutions. As companies increasingly digitalise and grow their IT systems, DCIM technologies are set to be instrumental in handling complexity and improving resource efficiency, positioning the industry for continuous growth amidst changing technological environments. In conclusion, the DCIM market is predicted to experience continuous growth due to advancements in technology, rising data needs and the ongoing trend toward digital transformation. As companies aim to enhance
their data centre operations and boost resource efficiency, the utilisation Of DCIM solutions is expected to increase.
The incorporation of Al, predictive analytics and automation will aid in addressing current obstacles, and also create opportunities for additional advancements. DCIM is essential for contemporary businesses because it can offer immediate insights, improve operational efficiency and support scalable infrastructure management. With its adjustment to emerging technologies such as edge computing, IOT and hybrid cloud, the DCIM market is ready for continued growth, offering smart, effective and eco-friendly solutions for the future of IT infrastructure management. The DCIM market estimated to be USD 3,027.5 million in 2024 and is projected to reach USD 5,014.9 million by 2029, at a CAGR of 10.6 per cent during the forecast period. Some of the major market vendors are Schneider Electric, Vertiv, Johnson Controls, Eaton, Deta Electronics, Huawei, ABB, Rittal, FNT Software and Nlyte Software. These vendors have adopted several organic and inorganic growth strategies, including product launches, partnerships & collaborations and mergers & acquisitions, to strengthen their presence in the market. They have been adopting a combination of organic and inorganic growth strategies to expand their customer base and market share.
Active strategies implemented by major vendors in recent years include enhancing products and services to meet the dynamic needs of the market and forming partnerships. The impacts of a recession on the DCIM market are wide-ranging, bringing both obstacles and prospect for companies. Economic declines commonly result in reduced budgets, leading companies to cut back on investing in new technologies, such as DCIM solutions. Organisations might give more importance to reducing costs and concentrating on essential operations, leading to delayed implementation of advanced DCIM platforms. Smaller companies may find it difficult to invest in advanced infrastructure management tools, choosing instead to use cost-effective or conventional methods. Nevertheless, during an economic downturn, DCIM’s potential to enhance resource efficiency and lower operational expenses can be
18 ELECTRICAL ENGINEERING • NOVEMBER 2024
electricalengineeringmagazine.co.uk
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