NEW YORK, Jan. 15, 2015 /PRNewswire/ --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.
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.
The global datacenter asset management market is a competitive market with a number of new and established market players with niche technologies. As of 2014, the global datacenter asset management market is estimated to be dominated by market players such as Schneider Electric (France), Emerson Network Power (U.S.), CA Technologies (U.S.), IBM Corp. (U.S.), and HP (U.S.). New product launches and partnerships, agreements, collaborations, and joint ventures are the major strategies adopted by most market players to achieve growth in the datacenter asset management market.
Reasons to Buy the Report:
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.
The report will enrich both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn will help the firms in garnering a greater market share. Firms purchasing the report could use any one or combination of the below mentioned five strategies (market penetration, product development/innovation, market development, market diversification, and competitive assessment) for strengthening their market share.
The report provides insights on the following pointers:
- Market Penetration: Comprehensive information on datacenter asset management solutions offered by the top 10 players in the datacenter asset management market
- Product Development/Innovation: Detailed insights on upcoming technologies, Research and Development (R&D) activities, and new product launches in the datacenter asset management market
- Market Development: Comprehensive information about lucrative emerging markets. The report analyzes the markets for datacenter asset management solutions across various regions
- Market Diversification: Exhaustive information about new products, untapped regions, recent developments, and investments in the datacenter asset management market
- Competitive Assessment: In-depth assessment of market shares, strategies, products, and capabilities of leading players in the datacenter asset management market
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