PUNE, India, November 4, 2016 /PRNewswire/ --
According to the new market research the report "Intelligent Platform Management Interface (IPMI) Market by Component (Hardware: Baseboard Management Controller (BMC), Sensors & Controls, Memory Devices, and Software), End-Use Application, Vertical, and Geography - Global Forecast to 2022", published by MarketsandMarkets, the market was valued at USD 1.20 Billion in 2015 and is expected to reach USD 3.10 Billion by 2022, at a CAGR of 13.2% between 2016 and 2022.
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Browse 61 market data Tables and 78 Figures spread through 146 Pages and in-depth TOC on "Intelligent Platform Management Interface (IPMI) Market"
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The most significant factor driving the IPMI market is the rising demand for enhanced the server management, along with the reduced cost of ownership, and also increase in ICT spending and growing trend to adopting data center by organizations.
Hardware component hold the largest share of the intelligent platform management interface market
The hardware component in the IPMI architecture is responsible for the collection of data related to physical characteristics of a server, inventory; logging states; and recovery control. The market for baseboard management controller in the hardware component is expected to grow at the highest rate because with the advancement in processing technologies, along with the increase in amount of data to be handled, the servers and others devices, nowadays, perform more tasks under critical conditions. Therefore, more number of sensors and controls would be integrated which is likely to increase the load in BMC. Hence, upgradation of BMC would be required in future servers to handle more data related to sensors and controls and deliver it to the system administrator in lesser time.
The market for IPMI servers is expected to grow at the highest rate
Servers held the largest share of the Intelligent Platform Management Interface Market and the market for the same is also expected to grow at the highest rate during the forecast period. Apart from the fact that the intelligent platform management interface was mainly designed for server management, the remote access of the server has become increasingly very important. The mission-critical server environment has made it important to monitor server health throughout the day. The IPMI provides features such as KVM over IP, IPMI over LAN, and KVM over LAN to remotely access the servers and take corrective actions in case of emergency situation.
North America is the major consumer of the IPMI market
North America is expected to account for the largest share in 2016 of the IPMI market. The Americas is home to many established data centers and cloud providers companies. Also, growing adoption of data center culture by small and medium businesses made the IPMI market to grow exponentially in the North America.
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The report also profiles the most promising players in the IPMI market. The competitive landscape of the market presents a very interesting picture where several big and small players have become a force to reckon with. The key players in the IPMI market are Intel Corporation (U.S.), NEC Corporation (Japan), ARM Holdings Inc. (U.K.), Dell, Inc. (U.S.), HPE (U.S.), Microsoft (U.S.), Softlayer Technologies, Inc. (U.S.), Emerson (U.S.), Super Micro Computer, Inc. (U.S.), and Cisco (U.S.), among others.
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