IPMI is a proven powerful protocol that has changed the dynamics of server security. By allowing users to save time while maximizing IT resources, and potentially manage multi-vendor environments at once, IPMI helps lower the overall costs of server management.
The implementation of intelligent platform management interface reduces TCO (total cost of ownership), saving a huge amount of time; hence, the uptake of IPMI is widening rapidly, garnering prominence in the market. Its application in the server, storage devices, and equipment, is allowing an edge over in data centers management.
Therefore, IPMI is widely adopted across the industries. Its uptake in some of the burgeoning sectors such as BFSI, IT & Telecommunication, and Healthcare is increasing its market size, escalating the market further n the global platform.
Identifying the outstanding growth prospect the market is demonstrating currently, Market Research Future (MRFR) in its recently published study report states that, the global Intelligent Platform Management Interface Market is forecasted to accumulate the worth of approximately 4 Bn. USD by 2023, registering a staggering double digit CAGR of 13 % during the review period (2017 – 2023).
The report is segmented into four key dynamics for an easy grasp and enhanced understanding.
By Components : Hardware, Sensors, Controls, Memory Devices, Controller and Software.
By Applications : Server, Storage Devices and Equipment.
By Verticals : Education, Retail, Manufacturing, Public sector, BFSI, IT & Telecommunication and Healthcare.
By Regions : North America, Europe, APAC and Rest-of-the-World.
North America IPMI Market Size, holding the largest share is poised to dominate the global market during the forecast period. This growth is predominantly driven by the augmented demand & availability of quality Intelligent Platform Management Interface devices in the region.
Europe region, emerging as the fastest growing market is expected to witness a fabulous market growth during the review period. The increasing adoption of IPMI by small and medium scale businesses and increasing number of data centers is stimulating the market growth in the region.
Whereas, Asia-Pacific market for Intelligent Platform Management Interface is witnessing rapid expansion stage owing to the growing markets in some of the APAC countries like India, China & Japan. The wide adoption of these interfaces in the burgeoning telecommunication sector is the main driving force behind the market growth in India and China, which is placing them at the leading positions of growth contributors for the market growth in the region.
The market characterized by the presence of numerous small & large players appears to be fiercely competitive & fragmented. Incorporating acquisition, partnership, collaboration, technology launch and expansion, the well-established market players gain the competitive advantage in the market maintaining their market position. These Players also invest substantially in the R&D to develop a technology with unique design and features that are on an entirely different level compared to their competition.
Intel Corporation (US), Cisco Systems (US), Dell, Inc. (US), Microsoft (US), HPE (US), ARM Holdings Inc. (UK), NEC Corporation (Japan), Emerson (US), Softlayer Technologies, Inc. (US), and Super Micro Computer, Inc. (US) are some of the prominent players profiled in MRFR Analysis and are at the forefront of the competition in the Global Intelligent Platform Management Interface Market.
Browse More Details on Report at: https://www.marketresearchfuture.com/reports/intelligent-platform-management-interface-market-2997
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