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Data Center Asset Mgmt. Market to see 30% CAGR Worldwide for 5 Years

ReportsnReports.com adds Data Center Asset Management Market 2014 - 2019 Research Report providing data analysis and information by Component Type, by Service Type, by Deployment Type, by Data Center Type with Global Forecast to 2019 in its data and research library.

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.

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. Surging demand and requirement of improved and efficient datacenter capacity planning, manageability, energy efficiency, and increasing numbers of colocation and cloud service providers are some of the key factors that are fueling the growth of the datacenter asset management market. However, shrinking IT budgets of the company, low awareness of solutions and its benefits are some of the key factors which are affecting the growth of this market. However, increasing numbers of new datacenter and market restructuring and emerging economies including India and China offer new growth opportunities for the market players.

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.

From an insight perspective, this research report has focused on various levels of analysis-industry analysis (industry trends, and Porter analysis), analysis of top players, their offered products and services, supply chain analysis, and company profiles, which together comprise and discuss the basic views on the competitive landscape, emerging and high-growth segments of the datacenter asset management market, high-growth regions, drivers, restraints, and opportunities.

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