The advanced server energy monitoring market is anticipated to grow at a significant CAGR during the forecast period (2021 to 2027). Advanced server energy monitoring is a software that provides a precise and real-time picture of a server's energy consumption. This data is then utilized in several DCIM Data Centre Infrastructure Management toolsets to trigger real-time updates or modifications to the overall data infrastructure. Telecommunication and information and technology applications account for the majority of tool sales in the advanced server energy monitoring market.
In the future years, increasing adoption of ASPs, SaaS, and cloud computing technologies is estimated to bolster data centre demand, resulting in robust sales for advanced server energy monitoring solutions. During the forecast period, the need for advanced server energy monitoring tools is anticipated to grow, particularly in developing IT countries such as India and Afghanistan. However, the advanced server energy monitoring tools market's growth is obstructed by the high cost of software tools and supporting equipment.
The advanced server energy monitoring industry is still in its early stage, with a projected penetration of less than 20% across North America and Europe. However, with the rising acceptance of cloud computing and the other aforementioned technologies, the advanced server energy monitoring market is likely to see a remarkable outlook in terms of sales. In comparison to other markets, the advanced server energy monitoring tools market in the US is likely to generate remarkable sales possibilities during the forecast period. The global advanced server energy monitoring market is primarily localized, with a small number of participants providing developed server energy monitoring tools sales services.
Market Coverage :
o By Components
o By End User
o North America
o Europe
o Asia-Pacific
o Rest of the Word
Key questions addressed by the report
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
Advanced Server Energy Monitoring Market by Segmentation
By Component
By End-User
Global Advanced Server Energy Monitoring Market, By Geographic Region
North America
Europe
Asia-Pacific
Rest of the World