Data Center Infrastructure Management Market Research Report and Outlook by 2028

The global market for data center infrastructure management is projected to expand significantly, increasing from approximately US$ 1,881.60 million in 2021 to an estimated US$ 5,781.80 million by 2028. This growth represents a compound annual growth rate (CAGR) of 15.4% over the period from 2021 to 2028.

The rise in Internet of Things (IoT) applications is a major driver of this growth. Cisco has forecasted that by 2020, around 50 billion devices will be interconnected, leading to an unprecedented surge in data generation. Furthermore, it is anticipated that data center IP traffic will escalate to 20.6 Zettabytes annually by the close of 2021, a significant increase from 6.8 ZB recorded in 2016. Cloud computing emerges as a pivotal solution, offering reliable services through data centers that utilize virtualization technology. This technology allows a single physical system to function as multiple virtual machines, each capable of independently managing requests from various users. Consequently, customers can access cloud-based services on demand from virtually any location worldwide. As a result, the rising volume of data center IP traffic is expected to drive the demand for effective data center infrastructure management solutions.

Prominent players in the data center infrastructure management sector include Schneider Electric SE, Nlyte Software Limited, Sunbird Software, Inc., Device42, Inc., UnityOneCloud, Panduit, Cormant, Inc., Ansys, Inc., Eaton Corporation plc, and Vertiv Holdings Co. The report also includes findings from secondary research on additional companies that hold a notable share of the market.

The overall market size for data center infrastructure management has been determined through a combination of primary and secondary research methodologies. The research process commenced with extensive secondary research, utilizing both internal and external sources to gather qualitative and quantitative data relevant to the market. This approach not only provides a comprehensive overview but also forecasts the data center infrastructure management market across various segments and regions. Additionally, numerous primary interviews have been conducted with industry stakeholders and experts to validate the findings and gain deeper analytical insights. Participants in this research include industry professionals such as vice presidents, business development managers, market intelligence managers, and national sales managers, as well as external consultants like valuation experts, research analysts, and key opinion leaders who specialize in the data center infrastructure management field.