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    Data Center Asset Management Market

    ID: MRFR/ICT/26373-HCR
    100 Pages
    Aarti Dhapte
    October 2025

    Data Center Asset Management Market Research Report By Component (Software, Services), By Application (Inventory Management, Capacity Management, Change Management, Energy Management, Security Management), By Deployment Mode (On-premise, Cloud-based), By Industry Vertical (IT and Telecom, BFSI, Healthcare, Government, Manufacturing) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa)- Forecast to 2035

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    Data Center Asset Management Market Infographic
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    Data Center Asset Management Market Summary

    The Global Data Center Asset Management Market is projected to grow from 29.12 USD Billion in 2024 to 97.13 USD Billion by 2035.

    Key Market Trends & Highlights

    Data Center Asset Management Key Trends and Highlights

    • The market is expected to experience a compound annual growth rate (CAGR) of 13.25 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 96.5 USD Billion, indicating robust growth potential.
    • in 2024, the market is valued at 29.12 USD Billion, reflecting a strong foundation for future expansion.
    • Growing adoption of advanced technologies due to increasing demand for efficient asset management is a major market driver.

    Market Size & Forecast

    2024 Market Size 29.12 (USD Billion)
    2035 Market Size 97.13 (USD Billion)
    CAGR (2025-2035) 11.57%

    Major Players

    Emerson Electric Co., Schneider Electric SE, CommScope, Johnson Controls, Flexera Software, FNT Software, ManageEngine, Raritan, NTT Global Data Centers, Nlyte Software, Cybersyte, Causeway Technologies, DataPipe, Eaton, ServiceNow, Sunbird Software, Apstra

    Data Center Asset Management Market Trends

    Key market drivers propelling the growth of the data center asset management market include increasing data center complexity, the need for enhanced efficiency, and stringent regulatory compliance. The growing adoption of cloud and edge computing, coupled with the proliferation of IoT devices, is driving the need for optimized and efficient data center management solutions. Additionally, the demand for real-time data analytics and artificial intelligence (AI) is further fueling the market growth.

    Opportunities for innovation and market expansion lie in the integration of AI and machine learning algorithms into data center asset management solutions. The convergence of IT and operational technology (OT) is also creating new opportunities for vendors to deliver comprehensive asset management platforms. The increasing adoption of predictive analytics and automated workflows presents significant opportunities for enhancing data center operations and reducing costs.

    Recent trends in the data center asset management market include the adoption of cloud-based solutions, the integration of IoT sensors and edge computing capabilities, and the growing focus on sustainability and green data center initiatives. The convergence of physical and virtual infrastructure management is also driving the demand for integrated asset management platforms that can manage both physical and IT assets.

     Figure 1: Data Center Asset Management Market size 2025-2034

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    The increasing complexity of data center operations necessitates advanced asset management solutions to optimize resource utilization and enhance operational efficiency.

    U.S. Department of Energy

    Data Center Asset Management Market Drivers

    Market Growth Projections

    Growing Cybersecurity Concerns

    The rise in cybersecurity threats significantly influences the Global Data Center Asset Management Market Industry. Organizations are compelled to prioritize the security of their data centers, leading to increased investments in asset management solutions that incorporate robust security features. This focus on cybersecurity not only protects sensitive information but also ensures compliance with regulatory standards. As data breaches become more prevalent, the demand for comprehensive asset management solutions that address security vulnerabilities is likely to escalate. This trend emphasizes the importance of integrating security measures into asset management strategies to safeguard organizational assets.

    Increased Focus on Sustainability

    Sustainability has emerged as a critical driver within the Global Data Center Asset Management Market Industry. Companies are under pressure to adopt environmentally friendly practices, leading to the implementation of energy-efficient technologies and sustainable asset management strategies. This shift not only addresses regulatory requirements but also enhances corporate reputation. As organizations strive to reduce their carbon footprint, the demand for solutions that facilitate sustainable operations is likely to grow. The market's trajectory suggests that by 2035, it could reach 96.5 USD Billion, indicating a robust commitment to sustainability in data center management.

    Expansion of Cloud Computing Services

    The expansion of cloud computing services is a driving force behind the Global Data Center Asset Management Market Industry. As businesses increasingly migrate to cloud-based solutions, the need for effective asset management becomes paramount. Organizations require tools that can efficiently manage hybrid environments, optimize resource allocation, and ensure seamless integration between on-premises and cloud infrastructures. This shift is expected to propel market growth, as companies seek solutions that enhance visibility and control over their assets. The ongoing evolution of cloud services indicates a sustained demand for advanced asset management solutions in the coming years.

    Rising Demand for Data Center Efficiency

    The Global Data Center Asset Management Market Industry experiences a notable surge in demand for enhanced operational efficiency. Organizations increasingly seek to optimize resource utilization, reduce energy consumption, and minimize operational costs. This trend is driven by the need to manage growing data volumes and the complexity of IT infrastructures. As a result, asset management solutions that provide real-time monitoring and analytics are becoming essential. In 2024, the market is projected to reach 24.6 USD Billion, reflecting the industry's commitment to adopting innovative technologies that streamline operations and improve efficiency.

    Technological Advancements in Asset Management

    Technological advancements play a pivotal role in shaping the Global Data Center Asset Management Market Industry. Innovations such as artificial intelligence, machine learning, and IoT are transforming how data centers operate. These technologies enable predictive maintenance, automated asset tracking, and enhanced decision-making processes. As organizations increasingly adopt these advanced solutions, the market is expected to witness substantial growth. The projected CAGR of 13.25% from 2025 to 2035 underscores the potential for technology-driven improvements in asset management practices, ultimately leading to more efficient and responsive data center operations.

    Market Segment Insights

    Data Center Asset Management Market Component Insights

    Data Center Asset Management Market Component Insights

    The global data center asset management market is segmented by component into software and services. The software segment is expected to hold the largest share of the market in the forecast years and is also expected to dominate the market in the forecast period.

    This is mainly due to the rising adoption of software solutions for data center asset management, such as data center infrastructure management and data center management software. Such solutions help organizations to manage their data center assets by improving the efficiency and effectiveness of their data center asset management.

    These software solutions can provide organizations with several advantages, such as improved visibility into data center assets, reduced operating costs and increased uptime. The services segment is also expected to grow during the forecast period. The growth of the market can be credited to several factors such as the increasing adoption of cloud computing, the growing need for data center optimization and the increasing adoption of data center asset management software and services.

    The market is also expected to benefit from the rising adoption of artificial intelligence and machine learning in data center asset management. Such technologies help organizations to automate and improve the efficiency of their data center asset management processes.

    Data Center Asset Management Market Application Insights

    The is segmented by application to inventory management, capacity management, change management, energy management, security management. Inventory management held the largest market share in 2023 and is expected to continue its dominance in the forecast period. This growth is due to the growing need for data centers to be able to track and manage their IT assets. Capacity management is another important segment in demand, which is expected to grow at a brisk rate. This growth is due to the demand for capacity planning and optimization solutions throughout data centers.

    Change management is another leading segment that is seen growing rapidly in the forecast period. This growth is also due to the growing need for data centers to be able to effectively manage changes in their IT infrastructure. Energy management is another important segment, demand for which is expected to increase. This growth is due to the ever increasing focus on power efficient data centers.

    Security management is another leading segment, which is again seen growing rapidly in the forecast period. This growth is due to the growing need for data centers to have their IT assets protected from any security threat.

    Data Center Asset Management Market Deployment Mode Insights

    The global data center asset management market segmentation by deployment mode comprises on-premise and cloud-based. Among these, the on-premise segment held a larger market share in 2023 and is projected to maintain its dominance throughout the forecast period. This is attributed to the fact that on-premise solutions provide greater control, customization, and security, which is preferred by enterprises with sensitive data or specific compliance requirements.

    However, the cloud-based segment is expected to experience significant growth during the forecast period due to the increasing adoption of cloud computing and the benefits it offers, such as scalability, cost-effectiveness, and ease of management. By 2032, the cloud-based segment is estimated to account for a substantial share of the global data center asset management market revenue, driven by the growing demand for flexible and cost-efficient solutions.

    Data Center Asset Management Market Vertical Insights

    The global data center asset management market is anticipated to reach a valuation of USD 28.7 billion by 2026, exhibiting a CAGR of 10.2% during the forecast period. Industry Vertical is a key market segment, with major sectors including IT and Telecom, BFSI, Healthcare, Government, and Manufacturing.

    IT and Telecom dominate the market, accounting for a sizable revenue share due to the rising adoption of cloud computing and virtualization technologies. BFSI follows closely, driven by the need for robust data management and compliance with industry regulations.

    Healthcare is also a significant segment, with increasing demand for patient data management and analytics. Government and Manufacturing sectors are expected to contribute to the market growth, driven by initiatives to improve operational efficiency and manage data assets effectively.

    Get more detailed insights about Data Center Asset Management Market Research Report - Global Forecast till 2034

    Regional Insights

    The data center asset management market is segmented into North America, Europe, APAC, South America, and MEA. North America is the largest regional segment, accounting for over 35% of the global market in 2023. The region is expected to continue to dominate the market throughout the forecast period, driven by the presence of various data centers and the growing adoption of cloud computing services.

    Europe is the second largest regional segment, with a market share of over 25% in 2023. The region is expected to witness steady growth over the forecast period, driven by the increasing demand for data center services from various industries.

    APAC is the fastest growing regional segment, with a market share of over 20% in 2023. The region is expected to grow at a CAGR of over 12% over the forecast period, driven by the rapid growth of the IT industry and the increasing adoption of cloud computing services.

    South America and MEA are relatively smaller regional segments, with a combined market share of less than 15% in 2023. However, these regions are expected to witness significant growth over the forecast period, driven by the increasing adoption of data center services and the growing investment in data center infrastructure.

    Data Center Asset Management Market Regional Insights

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Key Players and Competitive Insights

    Major players in the data center asset management market are continuously developing innovative solutions and expanding their product portfolios to meet the evolving needs of customers. Leading market players are investing heavily in research and development to enhance the capabilities of their solutions and gain a competitive edge.

    The market is characterized by a high degree of competition, with several established players and emerging startups vying for market share. To succeed in this dynamic market, companies must differentiate their offerings, focus on customer satisfaction, and stay abreast of the latest technological advancements.

    Emerson Electric Co. is a leading provider of data center asset management solutions and services. The company offers a comprehensive suite of solutions that help customers optimize the performance and efficiency of their data center assets. Emerson Electric Co.'s solutions include data center infrastructure management software, power and cooling systems, and services such as data center design, construction, and maintenance.

    The company has a global presence and serves a wide range of customers, including large enterprises, government agencies, and cloud service providers. Emerson Electric Co. is committed to innovation and continuously invests in research and development to enhance its solutions and meet the evolving needs of its customers.

    Schneider Electric SE is another major player in the data center asset management market. The company offers a wide range of data center solutions, including power and cooling systems, data center infrastructure management software, and services. Schneider Electric SE has a strong focus on energy efficiency and sustainability and offers solutions that help customers reduce their energy consumption and carbon footprint. The company has a global presence and serves a wide range of customers, including large enterprises, government agencies, and cloud service providers.

    Schneider Electric SE is committed to innovation and continuously invests in research and development to enhance its solutions and meet the evolving needs of its customers.

    Key Companies in the Data Center Asset Management Market market include

    Industry Developments

    The increasing adoption of cloud computing, virtualization, and the Internet of Things (IoT) is driving the growth of the global data center asset management market. The market is expected to witness substantial growth over the forecast period, owing to the rising demand for efficient management of data center assets. Key market players are focusing on developing innovative solutions to meet the growing needs of data centers.

    For instance, in 2023, Schneider Electric launched EcoStruxure IT, a comprehensive data center infrastructure management solution that provides real-time monitoring, analytics, and control. The growing adoption of artificial intelligence (AI) and machine learning (ML) technologies is also expected to contribute to the market growth, as these technologies can help improve the efficiency and effectiveness of data center asset management.

    Future Outlook

    Data Center Asset Management Market Future Outlook

    The Data Center Asset Management Market is poised for growth at 11.57% CAGR from 2025 to 2035, driven by increasing data center complexity, demand for efficiency, and sustainability initiatives.

    New opportunities lie in:

    • Develop AI-driven asset tracking solutions to enhance operational efficiency.
    • Implement advanced analytics for predictive maintenance and resource optimization.
    • Create integrated platforms for real-time monitoring and management of assets.

    By 2035, the market is expected to achieve substantial growth, reflecting evolving technological demands and strategic innovations.

    Market Segmentation

    Data Center Asset Management Market Regional Outlook

    • North America
    • Europe
    • South America
    • Asia Pacific
    • Middle East and Africa

    Data Center Asset Management Market Vertical Outlook

    • North America
    • Europe
    • South America
    • Asia Pacific
    • Middle East and Africa

    Data Center Asset Management Market Component Outlook

    • Inventory Management
    • Capacity Management
    • Change Management
    • Energy Management
    • Security Management

    Data Center Asset Management Market Application Outlook

    • On-premise
    • Cloud-based

    Data Center Asset Management Market Deployment Mode Outlook

    • IT and Telecom
    • BFSI
    • Healthcare
    • Government
    • Manufacturing

    Report Scope

    Report Attribute/Metric Details
    Market Size 2024 29.12 (USD Billion)
    Market Size 2025 32.49 (USD Billion)
    Market Size 2035 97.13 (USD Billion)
    Compound Annual Growth Rate (CAGR) 11.57% (2025 - 2035)
    Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    Base Year 2024
    Market Forecast Period 2025 - 2035
    Historical Data 2019 - 2023
    Market Forecast Units USD Billion
    Key Companies Profiled CommScope, Johnson Controls, Flexera Software, FNT Software, ManageEngine, Raritan, NTT Global Data Centers, Nlyte Software, Cybersyte, Causeway Technologies, DataPipe, Schneider Electric, Eaton, ServiceNow, Sunbird Software, Apstra
    Segments Covered Component, Application, Deployment Mode, Industry Vertical, Region
    Key Market Opportunities Increased data volumes Growing need for data center optimization Adoption of cloud and virtualization Emergence of AI and ML Focus on sustainability
    Key Market Dynamics Digitalization Cloud Adoption Automation of Data Growth Regulatory Compliance
    Countries Covered North America, Europe, APAC, South America, MEA

    FAQs

    What was the projected value of the Global Data Center Asset Management Market in 2023?

    The global data center asset management was worth USD 23.4 billion in 2023.

    What is the projected CAGR of the Global Data Center Asset Management Market from 2024 to 2032?

    The global data center asset management market is expected to grow at a CAGR of 11.57% from 2025 to 2034

    Which region is expected to hold the largest share of the Global Data Center Asset Management Market in 2032?

    North America is projected to hold the largest share of the global data center asset management market in 2034

    What are the key applications of Data Center Asset Management solutions?

    Data center asset management solutions are used for tracking and managing data center assets, optimizing resource utilization, and improving operational efficiency.

    Who are the key competitors in the Global Data Center Asset Management Market?

    Key competitors include Schneider Electric, IBM, Dell, Hewlett Packard Enterprise, and CA Technologies.

    What is the expected market size of the Global Data Center Asset Management Market in 2032?

    The global data center asset management market is projected to reach USD 87.59 billion by 2034

    What are the key factors driving the growth of the Global Data Center Asset Management Market?

    The growing adoption of cloud computing, increasing demand for data center colocation services, and stringent regulatory compliance requirements are key factors driving growth.

    What are the key challenges faced by the Global Data Center Asset Management Market?

    Lack of skilled professionals, data security concerns, and the need for real-time asset tracking are key challenges faced by the global data center asset management market.

    What are the key trends shaping the Global Data Center Asset Management Market?

    Adoption of artificial intelligence (AI), machine learning (ML), and the Internet of Things (IoT) are key trends shaping the global data center asset management market.

    What is the expected impact of the Global Data Center Asset Management Market on the global economy?

    The global data center asset management market is expected to contribute significantly to the global economy by creating new jobs and stimulating economic growth.

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