Now Available: Data Center Asset Management Market - Global Forecast to 2019

Data Center Asset Management Market by Component Type (Software, Services, Hardware), by Service Type (Consulting, Installation & Support, Professional), by Deployment Type (On Premise, Cloud), by Data Center Type (Mid-Size, Enterprise, Large) - Global Forecast to 2019

The global datacenter asset management market is estimated to grow at a CAGR of 30.34% from 2014 to 2019. Although the mature markets (such as the U.S. and the U.K.) hold larger shares in the datacenter asset management market, the Asia-Pacific region is expected to grow at the highest CAGR of 34.08% during the forecast period. The growth of the datacenter asset management market is driven by factors such as soaring demand and requirement of improved and efficient datacenter capacity planning, manageability, and energy efficiency solutions. However, factors such as low IT budgets of the company, low awareness of solutions and its benefits are restraining the growth of this market. Moreover, emerging economies such as India, Brazil, Singapore, and China are creating growth opportunities for the datacenter asset management market in these regions.

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In this report, the global datacenter asset management market has been broadly classified into components, i.e. software, services, and hardware. Services segment is further categorized into consulting, installation and support, and professional services. The datacenter asset management market has been broadly classified by types of deployments and datacenters. The cloud deployment market segment is estimated to grow at the high CAGR from 2014 to 2019. Factors such as high technological adoption rate, rising need for improving energy efficiency, and efficient control and monitoring needs of datacenter assets are driving the growth of this market.

Geographically, North America (comprising the U.S. and Canada) is estimated to command the largest share of 48.36% of the global datacenter asset management market in 2014, followed by Europe. The datacenter asset management market in North America is primarily driven by factors such as increasing green initiative, high technological advancements in datacenters, and high numbers of cloud and colocation service providers. However, high pace of innovations, reducing datacenter assets life cycles, and budgetary constraints are some of the main issues which are hampering the growth of the datacenter asset management market in this region. The Asia-Pacific region is estimated to grow at the highest CAGR of 34.08% from 2014 to 2019. Factors such as increasing numbers of new datacenter, high technological adoption rates, and increasing requirement of optimum utilization of resources and capacity planning are propelling the growth of the datacenter asset management market in the Asia-Pacific region.

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