#DataCenter Infrastructure Management #DCIM Market Worth $3.14 Billion in 2017

MarketsandMarkets has segmented the global DCIM market by software and services. The DCIM software and services market is further bifurcated by geographies and verticals. Geographies covered include North AmericaEuropeAsia-Pacific (APAC),Middle East & Africa (MEA), and Latin America; while verticals covered include Retail, Banking & Finance, Healthcare, Telecommunications and Others. The DCIM market is also segmented based on the size of data centers, further classified into various ranges.

DCIM enables organizations to possess the critical capability of establishing whether the business needs all the hardware by identifying and measuring data center assets and their inherent value. At the same time, DCIM also provides the organization with clear insight into cooling requirements, power usage, utilization, applications and overall performance. With DCIM, enterprises can set measurable goals, establish business guidelines and investigate into future scenarios for their infrastructure objectives. Moreover, with the recent stress on green and energy utilization compliance, organizations are looking for ways to set realistic goals and achieve them without additional burden on their infrastructure and business resources. DCIM fills this gap perfectly and is here to stay.

The global DCIM market is estimated to grow from $307 million in 2011 to $3.14 billion in 2017. This represents a compound annual growth rate (CAGR) of 47.33% from 2011 to 2017. In the present scenario, banking continues to be the largest adopter for DCIM. In terms of geographies, North America continues to be the biggest market for DCIM software and services. However, over the next five years, Asia-Pacific (APAC) will experience increased market traction, to become the biggest DCIM market globally.

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