The $1.7 billion global data center infrastructure management market is expected to grow to $6.7 billion by 2025, according to a new report published on ResearchAndMarkets.com.
The surge is expected to be driven largely by increasing demand for the cloud and data traffic moving from and within data centers, resulting in 25.8 percent in annual growth over the forecast period of 2019 to 2025.
The report also noted the need to manage limited space and high rack densities, in order to reduce IT system downtime, has been driving growth within the data center infrastructure management market over the past few years. The Data Centers Association reports nearly 67 percent reported an increase in rack density in the past three.
Factors driving the rack density include the growth of cloud computing, big data and artificial intelligence. According to estimates, the current rack density is valued at 16.9 kilowatts.
As a result, vendors are increasingly focusing on in