The intelligent platform management interface market is growing continually. The market growth attributes to the increasing demand for improved server management at reduced costs. Intelligent platform management interface IPMI specifications set help monitoring the environment and the hardware server, managing multiple servers from a particular location. Moreover, the rising implementation of IPMI to reduce TCO (total cost of ownership) escalates the market growth.
According to Market Research Future (MRFR), the global intelligent platform management interface market is projected to reach approximately USD 4 Bn. by 2023, growing at 13 % CAGR throughout the review period (2017 – 2023). IPMI is widely adopted across the industries and burgeoning sectors such as BFSI, IT & telecommunication, and healthcare increase the market size.
Major Players:
Players leading the global IPMI market include Intel Corporation (US), Dell, Inc. (US), Cisco Systems (US), Microsoft (US), ARM Holdings Inc. (UK), HPE (US), NEC Corporation (Japan), Softlayer Technologies, Inc. (US), Emerson (US), and Super Micro Computer, Inc. (US), among others.
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While the advantages of IPMI are overwhelming, its vulnerabilities, such as buffer overflow limitations and shell injection, give nightmares to administrators. However, ongoing research activities are expected to provide solutions to eradicate these vulnerabilities with more advancement in technologies.
Additionally, high initial investments act as a significant headwind for the growth of the market. Nevertheless, increasing numbers of systems running in the retail sector would support market growth throughout the assessment period.
Global IPMI Market – Segmentation
The report is segmented into four dynamics;
By Component: Hardware (Sensors, Controls, Memory Devices, Controller) and Software.
By Application: Storage Devices, Server, Equipment, and others.
By Vertical: Retail, Education, Manufacturing, BFSI, Public sector, IT & Telecommunication, Healthcare, and others.
By Regions: Americas, Europe, APAC, and Rest-of-the-World.
Intelligent Platform Management Interface (IPMI) Market: Regional Analysis
North America dominates the global intelligent platform management interface market. The region is a hub for technologies advances and witnesses massive adoption of IPMI solutions. Besides, the largest market share attributes to the augmented demand and availability of quality IPMI devices in the region. Moreover, the presence of notable players and well-established technology development centers drive market growth.
Also, the rising early adoption of advanced technologies like IoT and Artificial Intelligence fosters the growth of the regional market. The US accounts for the significant growth contributor for the regional market due to the rising technological enhancements. The North American IPMI market is projected to retain its dominance throughout the forecast period.
Europe stands second in the global Intelligent Platform Management Interface Market. The market growth is fostered by the increasing adoption of IPMI and on-demand cloud services by small and medium scale businesses. Additionally, increasing numbers of data centers in Germany, the UK, France, and Italy show immense growth for IPMI deployments. The European IPMI market is projected to create a substantial revenue pocket during the estimated period.
The Asia Pacific intelligent platform management interface market is growing rapidly. The wide adoption of these interfaces in the burgeoning telecommunication sector is the main driving force behind the market growth. Factors such as the burgeoning IT & telecom sector and the increasing adoption of IPMI solutions drive the growth of the regional market.
Economically and technologically developing countries such as Japan, China, and India, account for major shares in the regional market. The APAC intelligent platform management interface market is expected to grow at an impressive CAGR during the forecast period.
Global Intelligent Platform Management Interface Market – Competitive Analysis
Highly competitive, the global IPMI market appears to be fragmented due to the presence of several well-established market players. To gain a larger competitive share, players incorporate strategic initiatives such as mergers & acquisitions, collaborations, expansion, and product/technology launch. Players also make substantial R & D investments to develop a technology with unique design and features that are entirely different from their competition.
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Industry/Innovation/Related News:
September 22, 2020 ---- OnLogic (the US), a leading global industrial PC company, announced a partnership with an American multinational semiconductor company Advanced Micro Devices, Inc. (AMD) to extend access to a new line of industrial servers powered by the two company’s processors, AMD Ryzen and AMD EPYC. These solutions are designed to provide configurability, connectivity, and capabilities for AI, deep learning, data analytics, and advanced automation.
The partnership would help to bring features a number of rackmount systems for integration into traditional server infrastructures, combining OnLogic’s edge computing hardware with performance, versatility, and capabilities being offered by AMD. OnLogic’s new offering leverage next-gen PCIe 4 for fast data transfer and integrated Intelligent Platform Management Interface (IPMI) technology for remote data management.
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