In today's world, technology is super important for businesses. They use things like computers, software, and online tools to make their work better, communicate well, and give customers a great experience. Because of this, companies are spending more money on these technology things. They have bigger budgets for buying computer equipment, software programs, internet connections, and other tech-related stuff. This is because technology is a big part of making businesses grow, come up with new ideas, and work more efficiently. When companies have more money to spend on technology, they can get better systems and tools to help them with their work.
Another reason why technology is growing is because of new advancements in technology itself and the support from governments. Governments around the world are encouraging businesses to use technology by giving them money, tax breaks, and rules that make it easier. For example, the U.S. government spends a lot of money on making sure computer systems are secure from cyber threats. In fact, they are planning to spend more than 18.78 billion dollars on cybersecurity in 2021.
Besides using technology in general, many companies are also building their own special places called data centers. These are like super-secure warehouses where companies keep a lot of their information. This is happening because there is so much data these days, and companies want to store it safely and process it quickly. The rise of cloud computing and the need for strong cybersecurity are driving companies to set up their own data centers. These data centers help companies keep their information safe, work better, and be flexible in how they use technology.
So, when we see companies spending more on technology and building their own data centers, it tells us that they are really focusing on making their technology and data management top-notch. These actions help companies use advanced systems, keep their information safe, make sure their systems are always available, and manage their tech resources well. In the end, all these efforts help companies grow and stay ahead of the competition.
Report Attribute/Metric | Details |
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Market Opportunities | · High adoption rate of data centers in small and medium businesses (SMBS) |
Market Dynamics | · Increase in ICT spending and growing trend among organizations to set up data centers.· Rising demand for enhanced server management platform, along with the reduced total cost of ownership· Need for standardized server management platforms |
Intelligent Platform Management Interface Market Size was valued at USD 4058.7 Million in 2023. The Intelligent Platform Management Interface industry is projected to grow from USD 4407.74 Million in 2024 to USD 8518 Million by 2032, exhibiting a compound annual growth rate (CAGR) of 8.58% during the forecast period (2024 - 2032). IPMI, which stands for Intelligent Platform Management Interface, is a standardized interface used in data centers and server environments to enable remote monitoring and management of hardware components. The increasing demand for efficient data center management solutions is driving the adoption of IPMI as a standardized interface for monitoring and managing hardware elements in data centers and server environments. Secondly, the widespread adoption of cloud-based services is further boosting the market.
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Data centers play a crucial role in modern corporate practices, especially with the increasing dependence on data and the adoption of cloud services. The rise of edge-computing applications has further driven the need for high-capacity networks to enable seamless data transfers and faster data processing. As businesses shift towards cloud-based solutions, the demand for data centers has grown, facilitating cloud migration, and contributing to market growth.
One of the key drivers of data center adoption is the reduction in costs. Small and medium-sized enterprises (SMEs) are increasingly turning to cloud services due to the benefits of cost-effectiveness, eliminating the need for dedicated IT staff, scalability, and reduced overheads. The flexibility of data centers, allowing for easy scaling up or down based on business needs, is particularly advantageous for SMBs, as it enables them to adapt to changes without significant investments in new hardware or software.
Security is another critical aspect that data centers offer. These facilities are usually equipped with redundant power and cooling systems, providing a secure environment to safeguard business data from physical and environmental threats. As the market for data centers continues to grow, major companies are implementing strategic initiatives like partnerships, acquisitions, and mergers to gain a competitive edge. For example, the collaboration between Cyxtera and Sify Technologies Ltd. has allowed Cyxtera to expand its colocation solution offerings in India and the Asia Pacific, Europe, and North America markets.
Additionally, the benefits of adopting data centers in SMBs not only include cost savings but also centralizing data and applications, leading to reduced expenses on hardware, software, and IT staff. This, in turn, presents a lucrative opportunity for market growth. Overall, the trend of increased cloud adoption, the necessity for high-capacity networks, and the advantages data centers offer to businesses, particularly SMEs, are driving the expansion of the data center market.
Based on component, the Intelligent Platform Management Interface Market segmentation includes Hardware and Software. The hardware segment is the largest segment of the IPMI market, accounting for most of the market share. This is due to the fact that the hardware components are essential for the IPMI functionality. The BMC is the central component of the IPMI system, and it is responsible for managing the other hardware components. The sensors & controls are used to monitor the health of the system, and the memory devices are used to store the IPMI configuration data. The IPMI management software is used to manage the IPMI system, and the IPMI agent software is used to communicate with the BMC.
Based on end use application the intelligent platform management interface market is divided into servers, storage devices, and telecommunication equipment. Servers further bifurcated into rack servers, blade servers and tower servers. IPMI is an essential part used on modern servers since it gives managers remote access to the server interface, power control, and hardware parameter monitoring for preventive maintenance. For instance, the intelligent platform management interface was developed primarily for server management by HPE, Intel, Dell, and NEC. Due to the growing deployment of data centers, the need for servers across all regions is driving the market for the intelligent platform management interface (IPMI).
Figure2: Intelligent Platform Management Interface Market, by End Use Application, 2022 & 2032 (USD Million)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Based on Vertical, the Intelligent Platform Management Interface Market segmentation includes BFSI, Healthcare, education & research, IT & telecom, retail, manufacturing, government, and others. By Vertical, the IT & telecom segment holds the majority market share in 2022 contributing 28.9 % of the market share. In the telecommunications and networking industries, uptime and reliability are critical. IPMI allows remote management and monitoring of networking equipment, ensuring quick fault detection, troubleshooting, and high availability of network services.
With the rapid expansion of data centers and the growing adoption of cloud computing services, remote management and monitoring of servers have become essential. IPMI provides a standardized interface for remote server management, enabling data center operators and cloud service providers to efficiently manage their server fleets. These are the major factors that drive the demand for IPMI in the IT & telecom sector.
By Region, the study provides market insights into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. In terms of revenue, North America is the largest and most advanced market for the Intelligent Platform Management Interface Market. A large demand for server monitoring in data centers and an increase in ICT spendings in the region are expected to drive the growth of the market. United States is home to the most advanced technological companies of the world. These companies work on massive amounts of data. For data storage, data management, backup and recovery of data, datacenters are widely used. Around 2700 data centers are present in the US and it is the highest number amongst all countries. Thus, massive adoption of data centers in the region for the data storage and maintenance is taking place. For instance, Equinix- data centers provider has a total of 236 International business exchange data centers across the globe, while 106 of them are in the United States. Thus, there is a strong demand of servers monitoring in these data centers and the IPMI market is growing at a rapid scale in the region.
Figure 3: INTELLIGENT PLATFORM MANAGEMENT INTERFACE MARKET SIZE BY REGION 2022&2032
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Further, the major countries studied in the market report are the U.S., Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
The European IPMI market is expected to grow because of the rising number of data centers in the region. With the boom in the IT sector in this region in the past few years and rapid advancements in technologies such as IoT, AI, and Cloud Computing, data centers and their reliability has witnessed significant growth. Also, since the Internet speed has improved drastically, the use of data centers and their applications have witnessed notable growth. Moreover, the presence of industry players such as T-systems International, Telehouse, NTT Limited, and Cisco IBM is causing the growth of the data centers in Europe. As of 2022, there are around 1240 data centers in Europe out of which 56 centers are delivered in 2022 only. Thus, because of the massive rise in the adoption of data centers in the region, server management solutions such as IPMI are expected to grow at a rapid pace in the European region.
The Asia-Pacific region is predicted to have a significant share of the global market due to the rising adoption of data centers and increase in ICT spendings in the APAC region. Around 625 data centers are in the Asia Pacific region. Equinix- data center provider has a total of 42 sites in the region while NTT has 32 sites in the region. Around 440 data centers are there in China while India has approximately 150 data centers. Massive adoption of data centers by IT companies for the storage of data is causing the growth of the data centers. For these large number of data centers, there is a need of servers’ management and monitoring which is being done by server monitoring solutions such as IPMI that is equipped with BMCs. Thus, IPMI market is expected to grow in the Asia-pacific region because of the rising number of data centers due to the rise in number of IT companies in the region and their adoption of data centers for data management and storage.
With a strong presence across different verticals and geographies, the Intelligent Platform Management Interface Market is highly competitive and dominated by established, pure-play vendors. These vendors have a robust geographic footprint and partner ecosystem to cater to diverse customer segments. The Intelligent Platform Management Interface Market is highly competitive, with many vendors offering similar products and services.
The major players in the market include Hewlett Packard Enterprise Development LP (HPE), Intel Corporation, NEC Corporation, Super Micro Computer, Inc., Dell Inc., ARM Limited, Cisco Systems, Inc., Huawei Technologies Co. Ltd., Microsoft, IBM Corporation, ASPEED Technology Inc, Nuvoton Technology Corporation, Fujitsu, Vertiv Group Corp, and Advantech Co., Ltd. Super Micro Computer, Inc. is focused on designing and helping customers deploy application-optimized, accelerated computing, IoT, Edge, Telco, and storage platforms. It aims to improve its design capability, global manufacturing footprint, and global distribution, which have been driving growth. The company seeks to maintain or improve our relative competitive position in IPMI- solutions areas and pursue markets that provide clients with additional long-term growth opportunities.
The Intelligent Platform Management Interface Market is a consolidated market due to increasing competition, acquisitions, mergers, and other strategic market developments and decisions to improve operational effectiveness.
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