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Data Center Transformation market reports provide a detailed analysis of area market expansion, competitiveness, global and regional market size, and growth analysis. It also offers recent developments such as market share, opportunity analysis, product launch and sales analysis, segmentation growth, market innovation and value chain optimization, and SWOT analysis. The latest reports on the Data Center Transformation market cover the current impact of COVID-19 on the market. This has brought about some changes in market conditions. Early and future assessments of rapidly changing market scenarios and impacts are covered in the report.
The data center transformation market was valued at USD 7.47 billion in 2020 and is expected to reach USD 15.45 billion by 2026, at a CAGR of 12.88% over the forecast period 2021 – 2026.
Data center infrastructure management (DCIM) is a suite of solutions allowing efficient monitoring and management of a data center in terms of the optimization of data center space, power consumption, and cooling. Increasing energy consumption due to continuous operation of a data center is expected to increase the demand for DCIM solutions. The DCIM market is expected to see growing demand around the world owing to its increased emphasis on energy-efficient data centers. Furthermore, the increasing impact of regulatory norms on data centers is expected to accelerate the market for DCIM solutions. Many DCIM solution vendors focus on reducing energy consumption from cooling systems in data centers. The IT asset management providers segment includes players offering solutions to improve server space and efficiently manage the data center through DCIM software. The facility management providers segment includes players delivering power and cooling software solutions to data center opera