Market Research Future published report on “Global Intelligent Platform Management Interface Market Research Report - Forecast to 2032
The Intelligent Platform Management Interface (IPMI) is a set of standard computer interface requirements for monitoring hardware and its functions. In essence, it offers platform management for logging, fan control, power supply management, and system temperatures. IPMI is basically a hardware solution for controlling and managing servers. The main factors driving the growth of the building automation system market include an increase in ICT spending, a growing trend among organizations to set up data centers, rising demand for enhanced server management platforms, reduced total cost of ownership, and the need for standardized server management platforms.
Market Research Future (MRFR) has published a cooked research report on the “Global Intelligent Platform Management Interface (IPMI) market” that contains information from 2019 to 2032. The Intelligent Platform Management Interface (IPMI) market is estimated to register a CAGR of 8.6 % during the forecast period of 2023 to 2032.
MRFR recognizes the following companies as the key players in the global Intelligent Platform Management Interface (IPMI) market - Hewlett Packard Enterprise Development LP (HPE), Intel Corporation, NEC Corporation, Super Micro Computer, Inc., Dell Inc., ARM Limited, Cisco Systems, Inc., Huawei Technologies Co. Ltd., Microsoft, IBM Corporation, ASPEED Technology Inc, Nuvoton Technology Corporation, Fujitsu, Vertiv Group Corp, and Advantech Co., Ltd., and Others.
The global Intelligent Platform Management Interface (IPMI) market is accounted for to register a CAGR of 8.6 % during the forecast period and is estimated to reach USD 8,518.00 million by 2032.
The growing need for an improved server management platform, combined with a desire to lower total cost of ownership (TCO), is driving increased demand in the market. Businesses are recognizing the importance of efficient and cost-effective server infrastructure management to enhance their IT operations while reducing expenses. As organizations become more reliant on technology, the complexity of server environments grows. Managing many servers, virtual machines, and cloud-based resources becomes challenging. Businesses require powerful server management platforms that offer centralized control and automation capabilities to simplify administration tasks.
However, with the ever-expanding volume of data and the need for adaptable resources, scalability and flexibility are critical. A comprehensive server management platform enables businesses to easily scale their infrastructure, provision new servers, and adapt to changing demands without disrupting operations. This scalability minimizes the need for additional hardware investments and optimizes resource utilization, resulting in reduced TCO. Manual server management tasks are time-consuming, prone to errors, and inefficient. By adopting an enhanced server management platform, organizations can automate routine processes such as provisioning, configuration, monitoring, and maintenance. Automation reduces human errors, speeds up task completion, and allows IT staff to focus on more strategic initiatives, ultimately improving efficiency and reducing costs.
A robust server management platform offers a centralized console or dashboard to monitor and control server infrastructure from a single location. This centralized approach enables administrators to efficiently manage multiple servers, monitor performance, proactively detect issues, and perform troubleshooting tasks without physical access to each server. Such streamlined control and monitoring capabilities contribute to improved uptime and faster problem resolution, minimizing costs associated with downtime.
Furthermore, the increasing demand for an enhanced server management platform with reduced TCO reflects the need for streamlined operations, improved efficiency, scalability, and cost optimization in today's business landscape. Implementing such platforms allows organizations to better manage their server infrastructure, boost productivity, and allocate resources more effectively, resulting in a competitive advantage.
The global Intelligent Platform Management Interface (IPMI) market has been segmented based on Component, End Use Application and Vertical.
Based on Component, the global Intelligent Platform Management Interface (IPMI) market segmentation includes Hardware and Software. Hardware segment accounted for the largest market share in 2022. The hardware used in IPMI typically includes components such as baseboard management controllers (BMCS), sensors & controllers, memory devices and others. These hardware components work together to enable the remote management and monitoring capabilities that IPMI offers. The BMC plays a central role in processing data from sensors, handling network communication, and executing IPMI commands, ensuring the system remains accessible and manageable even in challenging situations.
Based on the End Use Application, the global Intelligent Platform Management Interface (IPMI) market segmentation includes servers, storage devices, and telecommunication equipment. Telecommunication equipment is anticipated to grow at the highest CAGR during the forecast period. IPMI is gaining popularity in telecommunication equipment it allows remote management of telecommunication equipment, reducing the need for physical visits, especially in large-scale network deployments IPMI's health monitoring capabilities help detect faults in telecommunication equipment, enabling quick diagnosis and issue resolution. IPMI aids in optimizing power consumption in energy-intensive telecommunication environments by monitoring and controlling power usage.
Moreover, IPMI plays an important role in enhancing the manageability, reliability, and security of storage systems and telecommunication equipment. Its remote management, health monitoring, and power control features contribute to increased efficiency and reduced downtime, making it an essential component in modern data centers and telecommunication networks.
Based on Vertical, the global Intelligent Platform Management Interface (IPMI) market segmentation includes BFSI, Healthcare, education & research, IT & telecom, retail, manufacturing, government, and others. By Vertical, the IT & telecom segment holds the majority market share in 2022 contributing 28.9 % of the market share. IT and telecommunications companies also use the intelligent Platform Management Interface (IPMI) market to synchronize their systems. Through automated processes, this technology enables secure customer data transmission and maintenance, enhanced system performance, and significant cost savings.
Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Intelligent Platform Management Interface Market Research Report
By Region, the study provides market insights into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. In terms of revenue, North America is the largest and most advanced market for the Intelligent Platform Management Interface Market.ICT spendings are increasing at a great pace across the North American region. As of 2022, the US holds around 35% of the total ICT spendings and this share is expected to grow owing to the presence of technological giants in the region. In the telecommunication industry, the launch of 5G services and deployment of fiber networks is driving spendings. Also, there has been a massive increase in the telecommunication spendings in the region in recent years owing to growing usage of smartphones, and 5G technology adoption. In most of the ICT products, there is a need of servers’ management where IPMI and BMC are being used widely. Thus, increase in the spending of ICT industry is helping the growth of IPMI market in the North American region.
Europe had around 38% coverage of 5G in 2020 in Europe, while this number rose to around 62% in 2021. Thus, such an increase in coverage of telecommunication sector is expected to increase the ICT spending in the region which in turn is expected drive the growth of the IPMI market. For instance, ARM Limited, which is based in the UK, develops IPMI solutions and BMC for IPMI that are used in the monitoring of servers and its management.
Also, the increase in ICT spending is causing the growth of the IPMI market in Europe. For instance, European spending on IT and telecom was around USD 1 trillion and is expected to reach USD 1.4 trillion by the end of 2023. Such a massive increase in ICT spending will fuel the growth of IPMI solutions.
The Asia-Pacific region is predicted to have a significant share of the global market due to the rising adoption of data centers and increase in ICT spendings in the APAC region. Massive adoption of data centers by IT companies for the storage of data is causing the growth of the data centers. For these large number of data centers, there is a need of servers’ management and monitoring which is being done by server monitoring solutions such as IPMI that is equipped with BMCs. Thus, IPMI market is expected to grow in the Asia-pacific region.
The Middle East and Africa are expected to grow due to the region's governments' smart city ambitions driving a shift in how modern communities are built. Cities of the future, supported by digital technologies, are expected to generate massive amounts of data. It is critical to optimize data capture, storage, and processing. Thus, to manage such a large amount of data which will be stored in data centers, there is a need for servers monitoring and their management. For servers monitoring, IPMI solutions are used that monitor the health and status of the servers in the data centers. Thus, these factors are expected to drive the growth of the IPMI market in the Middle east & Africa region.
The key drivers for the growth in demand for Intelligent Platform Management Interface (IPMI) in South America are growing demand for data centers in the region, government measures to grow the data centers present in the Brazil are helping the growth of the IPMI market in the region.
Key Findings of the Study
- The global Intelligent Platform Management Interface (IPMI) market is expected to reach USD 8,518.00 million by 2032, at a CAGR of 8.6% during the forecast period.
- The North America region accounted for the fastest-growing global market, imperative factors, such as the significant number of investments and key market players in North America, making it the primary contributor to the market share.
- Based on component, the hardware segment was attributed to holding the largest market in 2022, with an approximate market share of 71.3 %.
- Hewlett Packard Enterprise Development LP (HPE), Intel Corporation, NEC Corporation, Super Micro Computer, Inc., Dell Inc., ARM Limited, Cisco Systems, Inc., Huawei Technologies Co. Ltd., Microsoft, IBM Corporation, ASPEED Technology Inc, Nuvoton Technology Corporation, Fujitsu, Vertiv Group Corp, and Advantech Co., Ltd., and Others are the key market players.