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Intelligent Platform Management Interface Market Growth Projections and Opportunities
According to MRFR, the Global Intelligent Platform Management Interface (IPMI) Market has been steadily growing in recent years and is expected to reach USD 7,310.8 Million by 2030, growing at a rate of 8.8% between 2023 and 2030.
The increasing need for effective solutions to manage data centers is making more businesses adopt IPMI. IPMI acts as a standardized interface, helping monitor and manage different parts of hardware in data centers and servers. Another reason for its growth is the widespread use of cloud-based services, where IPMI plays a vital role in managing servers and hardware in cloud settings. IPMI's abilities to manage servers from a distance, provide extra security features, monitor hardware health in real-time, and aid in system recovery are crucial for businesses wanting reliable and secure IT infrastructure management. As businesses depend more on advanced technology to run their operations, the demand for IPMI is expected to stay strong, making it an essential part of modern IT management solutions.
The Global Intelligent Platform Management Interface Market is projected to grow at a rate of 8.8% between 2023 and 2030. In 2022, North America led the market with a 41.3% share, followed by Asia-Pacific with 31.1%, and Europe with 21.1%. North America's dominance in the Global Intelligent Platform Management Interface (IPMI) Market is due to its technologically advanced infrastructure, mature IT industry, and widespread use of cloud services. With a 41.3% market share in 2022, North America has many tech giants and leading IT companies, contributing to continuous innovation and advanced IPMI solutions. Businesses in North America are well aware of the importance of efficient data center management and server control, which is why there is a growing demand for IPMI to improve performance and security.
Covered Aspects:| Report Attribute/Metric | Details |
|---|---|
| Market Size Value In 2022 | USD 3,786.10 Billion |
| Market Size Value In 2023 | USD 4,058.70 Billion |
| Growth Rate | 8.6 % (2023-2032) |
Intelligent Platform Management Interface Market Highlights:
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