The Latin America, Middle East and Africa Data Center Infrastructure Management (DCIM) Market would witness market growth of 24.6% CAGR during the forecast period (2020-2026).
It is quite clear that unmanaged and fragmented data centers contribute to overlays in the budget and financial burden on organizations. Although there are many IT management tools in use, DCIM is the first of its kind to handle the IT and facilities integrated climate. Through that way, the technology helps companies directly redirect their wasted IT budget to new initiatives that can support their core business objectives. Although the Data Center network management market is currently fragmented, industry consolidation is expected to occur in the near future, driving better adoption among enterprises with optimized messaging.
The market has slowly evolved from being basic spreadsheet-based models to all-in - one dashboards that offer business managers with an IT assets and operations management standard. DCIM is expected to be pervasive across new installations with global spending on enterprise-class data center infrastructure increasing exponentially in the next five years. These Greenfield datacenters are a major opportunity for DCIM because they provide a broader spectrum for adoption compared to retrofits.
The key driving forces for the industry are factors such as affordability and sustainable IT, which would have a positive impact on the DCIM industry due to the global drive for Green data centers. At the same time, the growth in this sector would benefit from opportunities in venture capital funding.
Based on Component, the market is segmented into Solution and Services. Solutions market is further segmented into Asset Management, Power & temperature Management, Network Management, Cooling Management and Others. Services market is further bifurcated across Professional Services and Managed Services. Based on End User, the market is segmented into Telecom, IT & Colocation, BFSI, Energy & Manufacturing, Government, Healthcare and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: Data Center Infrastructure Management (DCIM) Market in LAMEA is expected to register a CAGR of 24.6% during the forecast period (2020-2026)
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ABB Group, Cisco Systems, Inc., Dell Technologies, Inc., Hewlett Packard Enterprise Company, Delta Electronics, Inc., Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.), Schneider Electric SE, Siemens AG, IBM Corporation, Eaton Corporation PLC.
Market Segmentation:
By Component
By End User
By Country
Companies Profiled
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