The Data Center Infrastructure Management (DCIM) market is expected to witness significant growth, with a projected compound annual growth rate (CAGR) of 15.4%. This growth can be attributed to the increasing utilization of cloud computing and private cloud. The market size is anticipated to expand from US$1,881.60 million in 2021 to US$5,781.80 million by 2028.
Cloud computing solutions and services have witnessed a surge in adoption across the region, thanks to the declining prices of servers. This upward trend is expected to fuel the demand for the data center infrastructure management (DCIM) market in the coming years.
This upward trend in the DCIM market aligns with the projected expansion of the data center market in the Asia-Pacific region. Japan’s data center market is expected to experience steady growth, with a CAGR of 5.93% between 2022 and 2028. This growth can be attributed to Japan’s strong economic presence in the APAC region and its position as a global connectivity hub.
A joint report by Google, Temasek, and Bain & Company reveals a remarkable 67% growth in Southeast Asia’s digital economy between 2020 and 2022. Indonesia, the largest economy in Southeast Asia, has been actively promoting digital-based economic transformation during its 2022 G20 presidency. The value of Indonesia’s digital industry reached US$77 billion in 2022, and it is projected to further increase to US$130 billion by 2025.
The Malaysian data center market follow a similar trend and is expected to grow at a CAGR of 9.41% during the 2022-2028 period. The key reasons for the projected boom is due to the increase in cloud adoption, the rapid increase in digitalisation, big data, IoT technology and smart city.
