Global Intelligent Platform Management Interface Market, By Component (Hardware, Software), By Application (Server, Storage Devices), By Vertical (BFSI, Healthcare, IT & Telecommunication) - Forecast 2023
— Market Highlights
Intelligent Platform Management Interface defines a precise way for embedded management subsystems so that it can be connected through computers, LAN and serial lines. The subsystems in the intelligent platform management interface consists of baseboard controller, enclosure management controller and peripheral management controller among others so that it can help the servers to control.
Factors such as increasing implementation of the system, increasing number of data centers and technological innovations are expected to boost the IPMI Market over the forecast period, 2017-2023.
The Global Intelligent Platform Management Interface Market is expected to reach approximately USD 4 billion by the end of 2023 with 13% CAGR during forecast period 2017-2023.
IPMI Market Players:
• Cisco Systems (U.S.)
• Intel Corporation (U.S.)
• Dell, Inc. (U.S.)
• HPE (U.S.)
• Microsoft (U.S.)
• ARM Holdings Inc. (U.K.)
• Emerson (U.S.)
• NEC Corporation (Japan)
• Softlayer Technologies, Inc. (U.S.)
• Super Micro Computer, Inc. (U.S.)
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IPMI Market Segments
According to Market Research Future, market has been segmented into component, applications verticals and region. On the basis of verticals, the market has been segmented into healthcare, banking and finance, retail, education, manufacturing, it & telecommunications and public sector among others. Out of the applications retail and telecommunication sectors accounted for the largest market share majorly due to number of systems used in a particular day and Japan has a large market scope for telecommunication industry.
Market Research Future Analysis
The global intelligent platform management interface market is expected to grow significantly over the forecast period, 2017-2023. Retail and IT & Telecommunications segment of intelligent platform management interface market globally drives the market majorly due to increasing demand for internet systems. The market is expected to have higher growth rate as compared to the previous years.
Asia-Pacific region expected to grow at a fast pace over the forecast period, 2017-2023. Countries such as Japan contributes majorly due to advancement in the telecommunication sector. IT and telecom industry need intelligent platform management interface because a single failure in hardware can damage the sale of that particular period. Also, countries such as India, China contributes largely to overall market share majorly due to large consumer base.
North-America accounted for the largest market share majorly due to demand for high-speed broadband services and increasing number of small and medium scale enterprises.
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