Data Center Asset Management Market Size (2021-2031) and Regional Overview
The Data Center Asset Management Market is expected to register a CAGR of 17.3% during 2023–2031. Rising demand for cloud-based services is likely to remain a key trend in the market.
Data Center Asset Management Market Analysis
- The growing complexities of data center environments and the resultant need to manage more physical and virtual assets contribute to the market growth.
- Moreover, capacity planning, compliance regulations, data security, and disaster recovery also play a significant role in driving this market.
- Also, the increasing requirement for energy-efficient and sustainable data centers to keep the total cost of ownership (TCO) low and reduce the environmental impact of running data centers is further fueling the growth of the market.
- Furthermore, the exploding growth of edge computing and the Internet of Things (IoT) is also creating opportunities in data center asset management since they generate large amounts of data that need proper materialization and optimization.
Data Center Asset Management Market Overview
- Data Center Asset Management aims at the management and optimization of physical and virtual assets within a data center. The physical assets consist of servers, storage devices, network equipment, virtual machines, or applications, while the virtual assets encompass software, firmware, and licensing entitlements.
- The market is made up of solutions and services for the design, deployment, and management of assets throughout their entire lifecycle, from procurement to disposal, with the main emphasis on increasing efficiency, reducing operational costs, and being compliant with all regulations.
- Data center asset management solutions often integrate asset inventory, capacity planning, asset tracking, and maintenance scheduling, whereas data center asset management services include services such as asset audit, data migration, and data lifecycle management.
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Data Center Asset Management Market: Strategic Insights
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Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Data Center Asset Management Market: Strategic Insights
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Data Center Asset Management Market Drivers and Opportunities
Rising Demand for Sustainable Data Centers
- In recent years, global requirements for center sustainability have become more in demand. While more and more countries are obligated to fulfill various initiatives such as the EU Green Deal, companies are also being pushed to accomplish sustainability targets.
- For instance, according to the data by Sunbird Software Inc., 57.8% of the organizations have a target date for zero carbon emissions, and 45.2% of organizations report the completion of a formal set of sustainability goals.
- Modern DCIM software allows data center managers to achieve their targets with real-time monitoring, minimized facility footprint, lowered energy consumption, and compliance reporting.
Growing Data Center Automation
- Data center managers are increasing the number of automated data center operations. Routine processes can be automated to decrease manual work, mitigate human error, and allow firms to focus on more strategic initiatives.
- Companies such as Comcast and Accenture use DCIM software business rules to automatically set installation dates, cabinet serial numbers, and other details, whereas Comcast uses the Auto Power Budget feature to automatically calculate power budget profiles for each device based on its function in the facility, resulting in 40% more utilization of existing resources.
Data Center Asset Management Market Report Segmentation Analysis
Key segments that contributed to the derivation of the data center asset management market analysis are component, data center type, deployment type, and end-user.
- Based on components, the data center asset management market is divided into hardware, software, and services.
- based on data center type, the market is divided into small and mid-size data centers and large data centers.
- Based on deployment type, the data center asset management market is divided into on-premise and cloud.
- Based on end-users, the data center asset management market is divided into BFSI, IT and telecom, government, energy, healthcare, manufacturing, and others.
Data Center Asset Management Market Share Analysis by Geography
- Data center asset management market report comprises a detailed analysis of five major geographic regions, which includes current and historical market size and forecasts for 2021 to 2031, covering North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America.
- Each region is further sub-segmented into respective countries. This report provides analysis and forecasts of 18+ countries, covering data center asset management market dynamics such as drivers, trends, and opportunities that are impacting the markets at the regional level.
- Also, the report covers PEST analysis, which involves the study of major factors that influence the data center asset management market in these regions.
Data Center Asset Management Market Report Scope
Data Center Asset Management Market News and Recent Developments
The data center asset management market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the data center asset management market are listed below:
- RF Code, the market-leading provider of autonomous critical Asset Management Lifecycle and Environmental Monitoring solutions, announced a strategic partnership with Schneider Electric, a pioneer in digital transformation for energy management and automation. Through the partnership, RF Code’s intelligent software-enabled wire-free hardware is integrated with Schneider Electric’s data center infrastructure management (DCIM) solution, EcoStruxure IT. The outcome of this integration eliminates costly error-prone and manual processes and ensures 99 percent accurate asset tracking and chain of custody data in real time. (Source: RF Code, Company News, April 2023)
- Eaton launched a new data center management platform, the Brightlayer Data Centers suite. The suite brings together asset management, IT and operational technology (OT) device monitoring, power quality metrics, and advanced electrical supervision onto a single platform. The suite has three products that can be used together or separately, including the Data Center Performance Management (DCPM) software, Electrical Power Monitoring System (EPMS) software, and Distributed IT Performance Management (DITPM) software. (Source: Eaton, Company News, September 2023).
Data Center Asset Management Market Report Coverage and Deliverables
The “Data Center Asset Management Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Data Center Asset Management Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope.
- Data Center Asset Management Market trends as well as market dynamics such as drivers, restraints, and key opportunities.
- Detailed PEST/Porter’s Five Forces and SWOT analysis.
- Data Center Asset Management Market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments.
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments in the Data Center Asset Management Market.
- Detailed company profiles.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
Rising demand for sustainable data centers is one of the major factors driving the data center asset management market.
The global data center asset management market is expected to grow at a CAGR of 17.3% during the forecast period 2023 - 2031.
Rising Demand for cloud-based services is anticipated to play a significant role in the global data center asset management market in the coming years.
The leading players operating in the data center asset management market are Emerson Network Power, Asset Vue LLC, Hewlett Packard Enterprise Development LP, Eaton, Huawei Technologies Co. Ltd., IBM Corporation, Nlyte Software, Raritan Inc., Sunbird Software, Inc., and Schneider Electric SE.
Some of the customization options available based on request are additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
The report can be delivered in PDF/PPT format; we can also share an Excel dataset based on the request.
TABLE OF CONTENTS
1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Data Center Asset Management Market - By Component
1.3.2Data Center Asset Management Market - By Data Center Type
1.3.3Data Center Asset Management Market - By Deployment Type
1.3.4Data Center Asset Management Market - By End-User
1.3.5Data Center Asset Management Market - By Region
1.3.5.1By Country
2.KEY TAKEAWAYS
3.RESEARCH METHODOLOGY
4.DATA CENTER ASSET MANAGEMENT MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PORTER'S FIVE FORCES ANALYSIS
4.2.1Bargaining Power of Buyers
4.2.1Bargaining Power of Suppliers
4.2.1Threat of Substitute
4.2.1Threat of New Entrants
4.2.1Competitive Rivalry
4.3.ECOSYSTEM ANALYSIS
4.4.EXPERT OPINIONS
5.DATA CENTER ASSET MANAGEMENT MARKET - KEY MARKET DYNAMICS
5.1.KEY MARKET DRIVERS
5.2.KEY MARKET RESTRAINTS
5.3.KEY MARKET OPPORTUNITIES
5.4.FUTURE TRENDS
5.5.IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6.DATA CENTER ASSET MANAGEMENT MARKET - GLOBAL MARKET ANALYSIS
6.1.DATA CENTER ASSET MANAGEMENT - GLOBAL MARKET OVERVIEW
6.2.DATA CENTER ASSET MANAGEMENT - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.DATA CENTER ASSET MANAGEMENT MARKET - REVENUE AND FORECASTS TO 2028 â COMPONENT
7.1.OVERVIEW
7.2.COMPONENT MARKET FORECASTS AND ANALYSIS
7.3.HARDWARE
7.3.1.Overview
7.3.2.Hardware Market Forecast and Analysis
7.4.SOFTWARE
7.4.1.Overview
7.4.2.Software Market Forecast and Analysis
7.5.SERVICES
7.5.1.Overview
7.5.2.Services Market Forecast and Analysis
8.DATA CENTER ASSET MANAGEMENT MARKET - REVENUE AND FORECASTS TO 2028 â DATA CENTER TYPE
8.1.OVERVIEW
8.2.DATA CENTER TYPE MARKET FORECASTS AND ANALYSIS
8.3.SMALL AND MID-SIZE DATA CENTER
8.3.1.Overview
8.3.2.Small and Mid-size Data Center Market Forecast and Analysis
8.4.LARGE DATA CENTER
8.4.1.Overview
8.4.2.Large Data Center Market Forecast and Analysis
9.DATA CENTER ASSET MANAGEMENT MARKET - REVENUE AND FORECASTS TO 2028 â DEPLOYMENT TYPE
9.1.OVERVIEW
9.2.DEPLOYMENT TYPE MARKET FORECASTS AND ANALYSIS
9.3.ON-PREMISE
9.3.1.Overview
9.3.2.On-Premise Market Forecast and Analysis
9.4.CLOUD
9.4.1.Overview
9.4.2.Cloud Market Forecast and Analysis
10.DATA CENTER ASSET MANAGEMENT MARKET - REVENUE AND FORECASTS TO 2028 â END-USER
10.1.OVERVIEW
10.2.END-USER MARKET FORECASTS AND ANALYSIS
10.3.BFSI
10.3.1.Overview
10.3.2.BFSI Market Forecast and Analysis
10.4.IT AND TELECOM
10.4.1.Overview
10.4.2.IT and Telecom Market Forecast and Analysis
10.5.GOVERNMENT
10.5.1.Overview
10.5.2.Government Market Forecast and Analysis
10.6.ENERGY
10.6.1.Overview
10.6.2.Energy Market Forecast and Analysis
10.7.HEALTHCARE
10.7.1.Overview
10.7.2.Healthcare Market Forecast and Analysis
10.8.MANUFACTURING
10.8.1.Overview
10.8.2.Manufacturing Market Forecast and Analysis
10.9.OTHERS
10.9.1.Overview
10.9.2.Others Market Forecast and Analysis
11.DATA CENTER ASSET MANAGEMENT MARKET REVENUE AND FORECASTS TO 2028 â GEOGRAPHICAL ANALYSIS
11.1.NORTH AMERICA
11.1.1North America Data Center Asset Management Market Overview
11.1.2North America Data Center Asset Management Market Forecasts and Analysis
11.1.3North America Data Center Asset Management Market Forecasts and Analysis - By Component
11.1.4North America Data Center Asset Management Market Forecasts and Analysis - By Data Center Type
11.1.5North America Data Center Asset Management Market Forecasts and Analysis - By Deployment Type
11.1.6North America Data Center Asset Management Market Forecasts and Analysis - By End-User
11.1.7North America Data Center Asset Management Market Forecasts and Analysis - By Countries
11.1.7.1United States Data Center Asset Management Market
11.1.7.1.1United States Data Center Asset Management Market by Component
11.1.7.1.2United States Data Center Asset Management Market by Data Center Type
11.1.7.1.3United States Data Center Asset Management Market by Deployment Type
11.1.7.1.4United States Data Center Asset Management Market by End-User
11.1.7.2Canada Data Center Asset Management Market
11.1.7.2.1Canada Data Center Asset Management Market by Component
11.1.7.2.2Canada Data Center Asset Management Market by Data Center Type
11.1.7.2.3Canada Data Center Asset Management Market by Deployment Type
11.1.7.2.4Canada Data Center Asset Management Market by End-User
11.1.7.3Mexico Data Center Asset Management Market
11.1.7.3.1Mexico Data Center Asset Management Market by Component
11.1.7.3.2Mexico Data Center Asset Management Market by Data Center Type
11.1.7.3.3Mexico Data Center Asset Management Market by Deployment Type
11.1.7.3.4Mexico Data Center Asset Management Market by End-User
11.2.EUROPE
11.2.1Europe Data Center Asset Management Market Overview
11.2.2Europe Data Center Asset Management Market Forecasts and Analysis
11.2.3Europe Data Center Asset Management Market Forecasts and Analysis - By Component
11.2.4Europe Data Center Asset Management Market Forecasts and Analysis - By Data Center Type
11.2.5Europe Data Center Asset Management Market Forecasts and Analysis - By Deployment Type
11.2.6Europe Data Center Asset Management Market Forecasts and Analysis - By End-User
11.2.7Europe Data Center Asset Management Market Forecasts and Analysis - By Countries
11.2.7.1Germany Data Center Asset Management Market
11.2.7.1.1Germany Data Center Asset Management Market by Component
11.2.7.1.2Germany Data Center Asset Management Market by Data Center Type
11.2.7.1.3Germany Data Center Asset Management Market by Deployment Type
11.2.7.1.4Germany Data Center Asset Management Market by End-User
11.2.7.2France Data Center Asset Management Market
11.2.7.2.1France Data Center Asset Management Market by Component
11.2.7.2.2France Data Center Asset Management Market by Data Center Type
11.2.7.2.3France Data Center Asset Management Market by Deployment Type
11.2.7.2.4France Data Center Asset Management Market by End-User
11.2.7.3Italy Data Center Asset Management Market
11.2.7.3.1Italy Data Center Asset Management Market by Component
11.2.7.3.2Italy Data Center Asset Management Market by Data Center Type
11.2.7.3.3Italy Data Center Asset Management Market by Deployment Type
11.2.7.3.4Italy Data Center Asset Management Market by End-User
11.2.7.4United Kingdom Data Center Asset Management Market
11.2.7.4.1United Kingdom Data Center Asset Management Market by Component
11.2.7.4.2United Kingdom Data Center Asset Management Market by Data Center Type
11.2.7.4.3United Kingdom Data Center Asset Management Market by Deployment Type
11.2.7.4.4United Kingdom Data Center Asset Management Market by End-User
11.2.7.5Russia Data Center Asset Management Market
11.2.7.5.1Russia Data Center Asset Management Market by Component
11.2.7.5.2Russia Data Center Asset Management Market by Data Center Type
11.2.7.5.3Russia Data Center Asset Management Market by Deployment Type
11.2.7.5.4Russia Data Center Asset Management Market by End-User
11.2.7.6Rest of Europe Data Center Asset Management Market
11.2.7.6.1Rest of Europe Data Center Asset Management Market by Component
11.2.7.6.2Rest of Europe Data Center Asset Management Market by Data Center Type
11.2.7.6.3Rest of Europe Data Center Asset Management Market by Deployment Type
11.2.7.6.4Rest of Europe Data Center Asset Management Market by End-User
11.3.ASIA-PACIFIC
11.3.1Asia-Pacific Data Center Asset Management Market Overview
11.3.2Asia-Pacific Data Center Asset Management Market Forecasts and Analysis
11.3.3Asia-Pacific Data Center Asset Management Market Forecasts and Analysis - By Component
11.3.4Asia-Pacific Data Center Asset Management Market Forecasts and Analysis - By Data Center Type
11.3.5Asia-Pacific Data Center Asset Management Market Forecasts and Analysis - By Deployment Type
11.3.6Asia-Pacific Data Center Asset Management Market Forecasts and Analysis - By End-User
11.3.7Asia-Pacific Data Center Asset Management Market Forecasts and Analysis - By Countries
11.3.7.1Australia Data Center Asset Management Market
11.3.7.1.1Australia Data Center Asset Management Market by Component
11.3.7.1.2Australia Data Center Asset Management Market by Data Center Type
11.3.7.1.3Australia Data Center Asset Management Market by Deployment Type
11.3.7.1.4Australia Data Center Asset Management Market by End-User
11.3.7.2China Data Center Asset Management Market
11.3.7.2.1China Data Center Asset Management Market by Component
11.3.7.2.2China Data Center Asset Management Market by Data Center Type
11.3.7.2.3China Data Center Asset Management Market by Deployment Type
11.3.7.2.4China Data Center Asset Management Market by End-User
11.3.7.3India Data Center Asset Management Market
11.3.7.3.1India Data Center Asset Management Market by Component
11.3.7.3.2India Data Center Asset Management Market by Data Center Type
11.3.7.3.3India Data Center Asset Management Market by Deployment Type
11.3.7.3.4India Data Center Asset Management Market by End-User
11.3.7.4Japan Data Center Asset Management Market
11.3.7.4.1Japan Data Center Asset Management Market by Component
11.3.7.4.2Japan Data Center Asset Management Market by Data Center Type
11.3.7.4.3Japan Data Center Asset Management Market by Deployment Type
11.3.7.4.4Japan Data Center Asset Management Market by End-User
11.3.7.5South Korea Data Center Asset Management Market
11.3.7.5.1South Korea Data Center Asset Management Market by Component
11.3.7.5.2South Korea Data Center Asset Management Market by Data Center Type
11.3.7.5.3South Korea Data Center Asset Management Market by Deployment Type
11.3.7.5.4South Korea Data Center Asset Management Market by End-User
11.3.7.6Rest of Asia-Pacific Data Center Asset Management Market
11.3.7.6.1Rest of Asia-Pacific Data Center Asset Management Market by Component
11.3.7.6.2Rest of Asia-Pacific Data Center Asset Management Market by Data Center Type
11.3.7.6.3Rest of Asia-Pacific Data Center Asset Management Market by Deployment Type
11.3.7.6.4Rest of Asia-Pacific Data Center Asset Management Market by End-User
11.4.MIDDLE EAST AND AFRICA
11.4.1Middle East and Africa Data Center Asset Management Market Overview
11.4.2Middle East and Africa Data Center Asset Management Market Forecasts and Analysis
11.4.3Middle East and Africa Data Center Asset Management Market Forecasts and Analysis - By Component
11.4.4Middle East and Africa Data Center Asset Management Market Forecasts and Analysis - By Data Center Type
11.4.5Middle East and Africa Data Center Asset Management Market Forecasts and Analysis - By Deployment Type
11.4.6Middle East and Africa Data Center Asset Management Market Forecasts and Analysis - By End-User
11.4.7Middle East and Africa Data Center Asset Management Market Forecasts and Analysis - By Countries
11.4.7.1South Africa Data Center Asset Management Market
11.4.7.1.1South Africa Data Center Asset Management Market by Component
11.4.7.1.2South Africa Data Center Asset Management Market by Data Center Type
11.4.7.1.3South Africa Data Center Asset Management Market by Deployment Type
11.4.7.1.4South Africa Data Center Asset Management Market by End-User
11.4.7.2Saudi Arabia Data Center Asset Management Market
11.4.7.2.1Saudi Arabia Data Center Asset Management Market by Component
11.4.7.2.2Saudi Arabia Data Center Asset Management Market by Data Center Type
11.4.7.2.3Saudi Arabia Data Center Asset Management Market by Deployment Type
11.4.7.2.4Saudi Arabia Data Center Asset Management Market by End-User
11.4.7.3U.A.E Data Center Asset Management Market
11.4.7.3.1U.A.E Data Center Asset Management Market by Component
11.4.7.3.2U.A.E Data Center Asset Management Market by Data Center Type
11.4.7.3.3U.A.E Data Center Asset Management Market by Deployment Type
11.4.7.3.4U.A.E Data Center Asset Management Market by End-User
11.4.7.4Rest of Middle East and Africa Data Center Asset Management Market
11.4.7.4.1Rest of Middle East and Africa Data Center Asset Management Market by Component
11.4.7.4.2Rest of Middle East and Africa Data Center Asset Management Market by Data Center Type
11.4.7.4.3Rest of Middle East and Africa Data Center Asset Management Market by Deployment Type
11.4.7.4.4Rest of Middle East and Africa Data Center Asset Management Market by End-User
11.5.SOUTH AND CENTRAL AMERICA
11.5.1South and Central America Data Center Asset Management Market Overview
11.5.2South and Central America Data Center Asset Management Market Forecasts and Analysis
11.5.3South and Central America Data Center Asset Management Market Forecasts and Analysis - By Component
11.5.4South and Central America Data Center Asset Management Market Forecasts and Analysis - By Data Center Type
11.5.5South and Central America Data Center Asset Management Market Forecasts and Analysis - By Deployment Type
11.5.6South and Central America Data Center Asset Management Market Forecasts and Analysis - By End-User
11.5.7South and Central America Data Center Asset Management Market Forecasts and Analysis - By Countries
11.5.7.1Brazil Data Center Asset Management Market
11.5.7.1.1Brazil Data Center Asset Management Market by Component
11.5.7.1.2Brazil Data Center Asset Management Market by Data Center Type
11.5.7.1.3Brazil Data Center Asset Management Market by Deployment Type
11.5.7.1.4Brazil Data Center Asset Management Market by End-User
11.5.7.2Argentina Data Center Asset Management Market
11.5.7.2.1Argentina Data Center Asset Management Market by Component
11.5.7.2.2Argentina Data Center Asset Management Market by Data Center Type
11.5.7.2.3Argentina Data Center Asset Management Market by Deployment Type
11.5.7.2.4Argentina Data Center Asset Management Market by End-User
11.5.7.3Rest of South and Central America Data Center Asset Management Market
11.5.7.3.1Rest of South and Central America Data Center Asset Management Market by Component
11.5.7.3.2Rest of South and Central America Data Center Asset Management Market by Data Center Type
11.5.7.3.3Rest of South and Central America Data Center Asset Management Market by Deployment Type
11.5.7.3.4Rest of South and Central America Data Center Asset Management Market by End-User
12.INDUSTRY LANDSCAPE
12.1.MERGERS AND ACQUISITIONS
12.2.AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3.NEW PRODUCT LAUNCHES
12.4.EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
13.DATA CENTER ASSET MANAGEMENT MARKET, KEY COMPANY PROFILES
13.1.BMC SOFTWARE, INC.
13.1.1.Key Facts
13.1.2.Business Description
13.1.3.Products and Services
13.1.4.Financial Overview
13.1.5.SWOT Analysis
13.1.6.Key Developments
13.2.BROADCOM INC.
13.2.1.Key Facts
13.2.2.Business Description
13.2.3.Products and Services
13.2.4.Financial Overview
13.2.5.SWOT Analysis
13.2.6.Key Developments
13.3.EMERSON ELECTRIC CO.
13.3.1.Key Facts
13.3.2.Business Description
13.3.3.Products and Services
13.3.4.Financial Overview
13.3.5.SWOT Analysis
13.3.6.Key Developments
13.4.HEWLETT PACKARD ENTERPRISE DEVELOPMENT LP
13.4.1.Key Facts
13.4.2.Business Description
13.4.3.Products and Services
13.4.4.Financial Overview
13.4.5.SWOT Analysis
13.4.6.Key Developments
13.5.HITACHI, LTD.
13.5.1.Key Facts
13.5.2.Business Description
13.5.3.Products and Services
13.5.4.Financial Overview
13.5.5.SWOT Analysis
13.5.6.Key Developments
13.6.HUAWEI TECHNOLOGIES CO., LTD.
13.6.1.Key Facts
13.6.2.Business Description
13.6.3.Products and Services
13.6.4.Financial Overview
13.6.5.SWOT Analysis
13.6.6.Key Developments
13.7.IBM CORPORATION
13.7.1.Key Facts
13.7.2.Business Description
13.7.3.Products and Services
13.7.4.Financial Overview
13.7.5.SWOT Analysis
13.7.6.Key Developments
13.8.NLYTE SOFTWARE LIMITED
13.8.1.Key Facts
13.8.2.Business Description
13.8.3.Products and Services
13.8.4.Financial Overview
13.8.5.SWOT Analysis
13.8.6.Key Developments
13.9.RARITAN INC.
13.9.1.Key Facts
13.9.2.Business Description
13.9.3.Products and Services
13.9.4.Financial Overview
13.9.5.SWOT Analysis
13.9.6.Key Developments
13.10.SCHNEIDER ELECTRIC SE
13.10.1.Key Facts
13.10.2.Business Description
13.10.3.Products and Services
13.10.4.Financial Overview
13.10.5.SWOT Analysis
13.10.6.Key Developments
14.APPENDIX
14.1.ABOUT THE INSIGHT PARTNERS
14.2.GLOSSARY OF TERMS
The List of Companies
1. BMC Software, Inc.
2. Broadcom Inc.
3. Emerson Electric Co.
4. Hewlett Packard Enterprise Development LP
5. Hitachi, Ltd.
6. Huawei Technologies Co., Ltd.
7. IBM Corporation
8. Nlyte Software Limited
9. Raritan Inc.
10. Schneider Electric SE
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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