Intelligent Platform Management Interface Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

The Intelligent Platform Management Interface (IPMI) market is experiencing robust growth due to the rising demand for advanced server management solutions. With increasing adoption of intelligent platform management interfaces, the market is set to expand significantly over the next decade.The market is projected to expand significantly, with its value expected to reach $3.68 billion by 2024 and $7.19 billion by 2031, reflecting a compound annual growth rate (CAGR) of 10.00%.

Market Dynamics

Key Drivers:

1. Enhanced Server Management: The demand for improved server management solutions is a major driver. IPMI allows efficient control and management of servers, contributing to market growth.

2. Data Center Expansion: The global increase in data centers is fueling the demand for IPMI. As data centers proliferate, the need for effective management solutions like IPMI becomes crucial.

3. ICT Spending: Higher investments in Information and Communications Technology (ICT) are creating lucrative opportunities for IPMI providers.

4. Cloud-Based Storage: The growing popularity of cloud-based storage solutions is boosting IPMI sales. Cloud service providers rely on IPMI for efficient data center management.

5. Cybersecurity Needs: The rising incidence of cyberattacks and stringent regulations are driving the adoption of IPMI. Its secure remote management capabilities help mitigate cybersecurity risks.

IPMI Overview

IPMI is a standardized interface for hardware-based platform management systems, enabling monitoring and control of servers. It is an out-of-band management model used by system administrators for remote management and monitoring of computer systems. IPMI continuously monitors server health, issues warnings of potential failures, and allows remote BIOS access, offering various advantages over system diagnosis software.

Functions of IPMI:

• Monitoring and supervising servers
• Restarting and recovering servers
• Logging server states
• Listing all server inventory

Market Growth Factors

The need for standardized server management platforms is a significant growth factor. Increasing adoption of cloud computing and the growing popularity of cloud-based platforms elevate the demand for IPMI. Furthermore, the rising number of cyberattacks, such as ransomware and DDoS attacks, underscores the importance of secure remote management, which IPMI provides.

Historical and Forecast Analysis

Historically, the IPMI market exhibited strong growth, driven by increasing demand for high-performance computing solutions capable of processing large amounts of data efficiently. This trend is expected to continue, with IPMI adoption rising at a robust pace due to its essential role in modern data centers.

Regional Insights

North America:

North America remains a key market for IPMI, with substantial growth prospects. The region's market expansion is driven by the demand for efficient data center management solutions and the trend of server virtualization. The presence of numerous data centers and the adoption of advanced technologies such as cloud computing and big data analytics further boost the market.

United States:

The United States is witnessing significant IPMI demand due to the high incidence of cybercrimes. With increasing cyber threats, corporations are adopting IPMI for secure remote management, reducing exposure to external threats.

China:

China's IPMI market is set to expand rapidly, driven by the rising penetration of smartphones and 5G technology. The increase in mobile subscribers and data generation necessitates efficient management solutions like IPMI, particularly for telecom operators.

Segment Analysis

Component:

The hardware segment is expected to create lucrative growth prospects for the market. Key hardware components of IPMI include the Baseboard Management Controller (BMC), network interfaces for remote management, and sensors for monitoring system parameters.

Application:

Servers remain the most remunerative application for IPMI. It provides system administrators with tools for remote management, monitoring server health, power consumption, temperature, and other parameters. IPMI is particularly useful in data centers and large-scale server deployments, reducing the need for on-site maintenance and troubleshooting.

Competitive Analysis

Leading IPMI manufacturers and service providers are launching new products and services to gain a competitive edge. Strategies such as partnerships, alliances, and mergers & acquisitions are being adopted to expand market presence.

Recent Developments:

• Dell Technologies: Enhanced its Dell EMC Integrated System for Microsoft Azure Stack HCI with new node options using AMD EPYC processors.
• Super Micro Computer, Inc.: Introduced an advanced server-grade high-end workstation, offering maximum configurability and reliability in a sturdy single-socket platform.

Key Companies:

• HPE
• Intel Corporation
• NEC
• Super Micro Computer Inc.
• Dell Inc.
• ARM Holdings Inc.
• Cisco
• Emerson
• Microsoft Corporation
• IBM Cloud

Market Segmentation

By Component:

• Hardware
• Software

By End Use Application:

• Servers
• Storage devices
• Telecommunication equipment

By Vertical:

• BFSI
• Healthcare
• Education & Research
• IT & Telecom
• Manufacturing
• Retail
• Public Sector

By Region:

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East and Africa

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