Data Center Asset Management Market Size and Share | Statistics - 2032

Data Center Asset Management Market Insights

According to the report published by Zion Market Research, the global Data Center Asset Management Market size was valued at USD 2.14 Billion in 2023 and is predicted to reach USD 5.62 Billion by the end of 2032. The market is expected to grow with a CAGR of 11.3% during the forecast period. The report analyzes the global Data Center Asset Management Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the rising opportunities in the Data Center Asset Management industry.

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Global Data Center Asset Management Market: Overview

Owing to the dramatic rise in data, the demand for data storage solutions across the world has been gaining significance in the last few years. It has pressurized big enterprises to opt for data storage solutions. Focus on optimization of data solutions to maximize profits and to fulfill the need of the hours, major companies are adopting data center asset management solutions. To withstand the rising overhead costs and complexities associated with the management of the data, data center asset management has provided a better solution for companies. Many companies are cutting down their time, capital and operational expenditure, and also empowering with better resource planning and asset management.

Global Data Center Asset Management Market: Growth Factors

Growth in the global data center asset management market is due to the increasing number of data centers across the world. The focus of various companies on the introduction of innovative products in the market is anticipated to boost global market growth. Key manufacturers are adopting efficient asset management solutions and services, opening up new growth opportunities in the global market. The improved and efficient capacity of the data center for management of energy efficiency, cloud service providers, manageability, planning, and an increasing number of collocations are some factors responsible for the growth of the global data center asset management market.

This solution is anticipated to witness growth in the coming future due to rising demand and popularity for better performance. It offers some advantages to professionals and managers such as clear visibility and the management of the asset, and providing real-time monitoring and controlling. Moreover, it saves the time required and operational expenditure, which is one of the major factors of the global data center asset management market.

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Global Data Center Asset Management Market: Segmentation

The global data center asset management market is divided based on the services and deployment type.

Based on services, the global market is classified as professional, consulting, and installation & support.

On the basis of deployment type, the global data center asset management market is categorized as cloud and on-premise. The global data center asset management market is classified based on geography as North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

Data Center Asset Management Market: Report Scope

Global Data Center Asset Management Market: Regional Analysis

North America is the leading region for data center asset management. Asia Pacific shows significant growth in the global market, is in the initial phase of growth, and is expected to grow shortly. This is mainly owing to the growing focus of the market players to address the demand for data center asset management in this region. Moreover, Latin America is showing considerable growth, which is still in the introductory phase of the acceptance of data center asset management solutions.

Global Data Center Asset Management Market: Competitive Players

Major players dominating the global data center asset management market are;

• Emerson Network Power
• HP
• Optimum Path, Inc.
• Huawei Technologies Co. Ltd.
• Schneider Electric SE.
• IBM
• FieldView Solutions, Inc.
• Raritan
• CA Technologies
• Nlyte Software

Global Data Center Asset Management Market: By Services Segment Analysis

• Professional
• Consulting
• Installation & Support

Global Data Center Asset Management Market: By Deployment Type Segment Analysis

• Cloud 
• On-Premise

Global Data Center Asset Management Market: Regional Segment Analysis

• North America
  • U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• The Middle East and Africa

What Report Provides

• Full in-depth analysis of the parent market
• Important changes in market dynamics
• Segmentation details of the market
• Former, ongoing, and projected market analysis in terms of volume and value
• Assessment of niche industry developments
• Market share analysis
• Key strategies of major players
• Emerging segments and regional markets
• Testimonials to companies to fortify their foothold in the market.