DataCenterNews Asia logo
Specialist data center news for Asia
Story image

​DCIM market on the rise, prominent players dominating market share

By Shannon Williams
Fri 26 Aug 2016
FYI, this story is more than a year old

The numerous players in the global DCIM market represent a fragmented competitive landscape, despite prominent players accounting for more than half of global share.

That’s according to new analysis from Transparency Market Research, who is expected the global data center infrastructure management market to reach US$ 2,859.3 million by 2024.

According to the analyst firm, prominent players including Emerson Network Power, Schneider Electric, Panduit, Johnson Controls, Siemens AG, Commscope, Nlyte Software, FNT GmbH, Eaton, PLC and CA Technologies together account for a 50% share in the global DCIM market for 2015.

The opportunity in the global DCIM market stood at US$529.5 million in 2015 and is likely to be worth US$2,859.2 million by 2024, registering a strong CAGR of 21.1% from 2016 to 2024, TMR says.

According to the analysis, IT asset management led the market. This segment generated US$253.7 million in terms of revenue in 2015 and is expected to reach US$1,480.8 million by 2024. The segment is also projected to emerge as the most rapidly developing solution type, registering a 22.2% CAGR during the forecast period.

TMR believes the rivalry among existing companies in the DCIM market is presently high as leading players are acquiring smaller enterprises to gain market share.

New product development, business partnerships, and diversification are also key strategies adopted by the leading companies to remain competitive.

“For example, in 2015, Emerson Electric Company announced the launch of its spinoff Emerson Network Power,” TMR says.

“This not only strengthened its thermal and infrastructure management solution portfolio but also provided a significant boost to its portfolio of DCIM solutions.”

Government Regulations Compelling Establishment of Green Data Centers 

TMR says the surging usage of internet across the globe has resulted in the generation of massive amounts of data, which in turn, has driven the growth of data centers.

“Most data centers operate round the clock and consume significant amounts of energy for lighting, cooling, heating, and IT equipment,” it explains.

“Data centers today are prompted to curb energy consumption and optimise efficiency and DCIM solutions have fulfilled this very demand.”

TMR says this is one of the key factors fuelling the data center infrastructure management market.

The market is also anticipated to be driven by the rise in government regulations pertaining to carbon emissions.

"Governments around the world have been paying increased attention to the alarming rise in carbon emissions and are enforcing regulations to drive companies to build and use green data centers," TMR says.

The analyst firm believes the DCIM market is projected to benefit from this emerging trend in the coming years.

“On the down side, the lack of expertise and awareness regarding the benefits of DCIM solutions are likely to inhibit the growth of the global market,” TMR adds.

“High initial investment also acts as a barrier for several small-to-medium enterprises.”

Opportunity in Global DCIM Market to Near US$3 billion by 2024 

On the basis of component, the IT assets were the key contributors to the DCIM market and will continue their lead through 2024, according to the forecast.

DCIM software, on the other hand, will exhibit strong growth over the course of the forecast period. The IT sector was the leading industry vertical using DCIM solutions while the healthcare sector will register remarkable growth.

Geographically, North America is not only the leading segment in terms of revenue but will also emerge as the fastest expanding regional segment by the end of the forecast period.

Related stories
Top stories
Story image
Infrastructure
Global investment in data centers more than doubled in 2021
DLA Piper's latest global survey finds the total investment in data center infrastructure worldwide rose from USD $24.4 billion in 2020 to USD $53.8 billion in 2021.
Story image
Cloud
Cloudflare outage in 19 data centers worldwide due to own error
Cloudflare says its outage for 19 of its data centers yesterday was because of a change in a long-running project to increase resilience in its busiest locations.
Story image
Amazon Web Services / AWS
Qualtrics goes live on AWS Cloud Infrastructure in Japan
Organisations across Japan will now be able to access the Qualtrics XM/OS platform locally via data centre in the AWS Asia Pacific (Tokyo) region.
Story image
Partnerships
Thailand announces launch of the Thailand 5G Alliance
It will promote collaboration between the public and private sector, through companies such as Huawei, to commercially drive Thailand's 5G development.
Story image
Cloud
QuSecure partners with DataBridge Sites to showcase platform
QuSecure has partnered with DataBridge Sites to showcase its Quantum-as-a-Service (QaaS) orchestration platform, QuProtect.
Story image
Sustainability
Evolution Data Centres reveals target of 20 tonnes of CO2 per GWh
Evolution Data Centres launches their new Sustainable Data Centre Charter, which includes targets like only 20 tonnes of carbon emissions per GWh by 2030.
Story image
Sydney
Equinix and PGIM Real Estate open data centre in Sydney
Equinix and PGIM Real Estate, the real estate investment and financing arm of PGIM, have announced the first xScale data centre in Sydney, named SY9x.
Story image
Cloud
Cisco Live showcases new offerings in its first hybrid event
Cisco Live 2022 has seen Cisco executives and customers take the stage to present a range of discussions in the company’s first-ever hybrid event.
Story image
Digital Transformation
The Huawei APAC conference kicks off with digital transformation
More than 1500 people from across APAC have gathered for the Huawei APAC Digital Innovation Congress to explore the future of digital innovation.
Story image
Cloud
Telstra expands business offerings in the Philippines
The expansion aims to offer more choice for customers and enhance connectivity into the Philippines, and within the country.
Story image
Vietnam
Viettel IDC deploys Cloudian Hyperstore object storage for enhanced cloud solutions
Cloudian has announced that its Hyperstore object storage has been deployed by Vietnam telco Viettel IDC, citing the technology’s flexibility, multi-tenancy and ransomware protection as significant advantages.
Story image
Secure access service edge / SASE
Cisco unveils new cloud-managed networking offerings
Cisco has announced new cloud management capabilities that offer a unified experience across the Cisco Meraki, Cisco Catalyst and Cisco Nexus portfolios.
Story image
Cable
New high-performance cable in the works for Asia
A new high-performance submarine cable is being built to enhance connectivity between Hong Kong, China and Southeast Asia.
Story image
Cybersecurity
Secureworks researches new threat to Elasticsearch databases
Researchers from Secureworks' Counter Threat Unit have identified indexes of multiple internet-facing Elasticsearch databases replaced with a ransom note.
Story image
Cloud
SnapLogic improves Intelligent Integration Platform
SnapLogic has released new features and improvements to its Intelligent Integration Platform, which will allow IT, data and business teams to make select processes faster and more straightforward.
Story image
Sustainability
RDA and MVGX partner for sustainable data center development
Red Dot Analytics (RDA) and MetaVerse Green Exchange (MVGX) have entered a strategic partnership to make Singapore's data center development and operations more sustainable.
Story image
Colocation
Digital Edge chooses Nortek’s StatePoint for new data center
Digital Edge will use Nortek's StatePoint liquid cooling technology in its new data center, the first commercial colocation operator in Asia to do so.
Story image
Artificial Intelligence
Databricks announces new offering for Unity Catalog
Databricks has significantly expanded data governance capabilities on the lakehouse by unveiling data lineage for Unity Catalog.
Story image
Cloud
Talend introduces new data health solutions for businesses
Talend has announced its latest version of Talend Data Fabric, with the release of Talend Trust Score enabling data teams to establish a foundation for data health.
Story image
Sustainability
AirTrunk boosts Japan presence with West Tokyo data center
AirTrunk is planning to build TOK2, a new hyperscale data center in Japan which will strengthen the company’s presence in the country.
Story image
Microsoft
SAS Viya on Microsoft Azure to deliver 204% return - study
The Forrester Total Economic Impact study finds SAS Viya on Microsoft Azure brings a 204% return on investment over three years.
Story image
Infrastructure
SolarWinds IT Trends Report highlights increased cloud complexity for businesses
SolarWinds' new IT Trends report has signalled a significant shift in the way businesses are dealing with hybrid cloud and infrastructure.
Story image
Sustainability
Legrand unveils Nexpand, a data center cabinet platform
Legrand has unveiled a new data center cabinet platform, Nexpand, to offer the necessary scalability and future-proof architecture for digital transformation.
Story image
Sisense
Data and analytics could be key to higher selling prices in APAC
Sisense's latest report has found that almost half of data professionals in APAC think customised data and analytics can create better selling prices for their products.
Story image
CASB
Juniper expands SASE offering with data loss prevention capabilities
Juniper has announced the expansion of its SASE offering with the addition of cloud access security broker (CASB) and data loss prevention (DLP) capabilities.
Story image
Cloud
Vertiv introduces line of redundant power transfer switches
Vertiv has introduced Vertiv Geist Rack Transfer Switch (RTS), a new line of transfer switches that provides redundant power to single-corded devices.
Story image
Infrastructure
New Uptime analysis highlights worsening downtime costs and consequences
New data from Uptime Institute has found that downtime costs and consequences are worsening as those involved in data infrastructure fail to find ways to curb outages.
Story image
Power / Energy
Keysight Technologies introduces new next-gen DPT solution
Keysight Technologies has announced its new next-generation Double-Pulse Tester (DPT) with the PD1550A Advanced Dynamic Power Device Analyser.
Story image
Cybersecurity
Kaspersky opens three new centers to boost data management
Cybersecurity company Kaspersky has opened three new Transparency Centers, one in Japan, the second in Singapore and the third in the United States.
Story image
Cloud
Boomi surpasses 20,000 customers. Sets record for the iPaaS space
Boomi has announced it has surpassed the 20,000 customer mark, setting the record for the largest customer base among iPaaS vendors.
Story image
Expansion
Colt Technology expands into South Korea data center market
Colt Technology Services has expanded its network into the South Korean market, offering the country’s businesses cost-effective, low latency connectivity.
Story image
Data Science
Neo4j announces service delivery alliance with Deloitte
Neo4j has announced a service delivery alliance with Deloitte Consulting Southeast Asia for a range of services to customers within the region.
Story image
Sustainability
Daikin and SP Group to build new energy efficient district cooling system
The project, set to be complete by 2025, will create a system with a cooling capacity of up to 36,000 refrigerant tonnes (RT). 
Story image
Sustainability
Aligned Data Centers increases sustainability-linked loan
Aligned Data Centers has increased its sustainability-linked loan from $375 million to $1.75 billion to speed up the next phase of its strategic growth.
Story image
Sustainability
Huawei unveils next-generation sustainable data centers
Huawei says its next-generation data centers will be powered by PowerPOD 3.0, which reduces the footprint by 40% and cuts the energy consumption by 70%.
Story image
Cloud
Microsoft unveils adaptive accessories for disability access
Microsoft is introducing an expansive Inclusive Tech Lab to give people with disabilities greater access to technology through new software features and adaptive accessories.
Story image
Broadband
Singapore found to have the speediest internet rates in the world
New research from BanklessTimes has shown that Singapore has the highest recorded median internet speed in the world at 207.61 MBPS.
Story image
Healthcare
SnapLogic launches Accelerator for Amazon HealthLake
SnapLogic has launched Accelerator to allow healthcare and life sciences organisations to turn raw data into healthcare-related insights and actions.
Story image
Employment
Tech job moves - Forcepoint, Malwarebytes, SolarWinds & VMware
We round up all job appointments from May 13-20, 2022, in one place to keep you updated with the latest from across the tech industries.
Story image
Sustainability
SoftIron named global leader for efficient DC infrastructure solutions
SoftIron has been named a global leader for supplying energy-efficient data infrastructure solutions for core-to-edge data centers after an assessment by Earth Capital Ltd.
Story image
Robotic Process Automation / RPA
Micro Focus unveils Data Center Automation for SaaS delivery
MicroFocus has released Data Center Automation (DCA) for software-as-a-service (SaaS) delivery, offering more cost-effective vulnerability risk and IT compliance management.
Story image
Sustainability
Siemens showcases new automated solutions for data centers
Siemens has implemented new automated solutions and AI in the Baltic region's largest data center, providing insight into the future of data center management.
Story image
Sustainability
Intel unveils new investments for data center sustainability
Intel has announced two new investments, continuing its efforts to create more sustainable data center technology.
Story image
Microsoft
Microsoft, Cloudian partnership offers data center flexibility
Cloudian’s HyperStore object storage platform is now integrated and validated to work with Microsoft SQ Server 2022, offering more flexible and scalable data centers.