The North America Data Center Asset Management Market is expected to witness market growth of 13.9% CAGR during the forecast period (2024-2031).
The US market dominated the North America Data Center Asset Management Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $1.55 billion by 2031. The Canada market is experiencing a CAGR of 16.2% during 2024-2031. Additionally, the Mexico market is expected to exhibit a CAGR of 15.4% during 2024-2031.
DCAM is the comprehensive process of tracking, managing, and optimizing a data center's physical and digital assets. These assets include servers, storage devices, networking equipment, cooling systems, power distribution units (PDUs), and software licenses. The primary goal of asset management in a data center is to ensure efficient resource utilization, cost optimization, operational reliability, and compliance with regulatory standards.
One of the primary factors driving the demand for these management solutions is the increasing prevalence of cloud computing. Enterprises are shifting from on-premise data centers to cloud-based infrastructure to improve scalability, flexibility, and cost efficiency. Hyperscale data centers, operated by cloud giants like Amazon Web Services (AWS), Microsoft Azure, and Google Cloud, are expanding to accommodate rising data processing and storage needs of businesses.
The rapid expansion of digital technologies across public and private sectors drives the robust growth of North America's market. Trade agreements like the North American Free Trade Agreement (NAFTA) and its successor, the United States-Mexico-Canada Agreement (USMCA), have facilitated seamless cross-border data exchanges and business collaboration, further accelerating the demand for automated asset tracking, predictive maintenance, and energy efficiency solutions. Additionally, government initiatives focused on cybersecurity, digital infrastructure development, and regulatory compliance are shaping the region’s data center asset management landscape, ensuring sustained growth in the coming years. Thus, as digital transformation continues to accelerate, the region presents lucrative opportunities for these management solutions.
The US market dominated the North America Data Center Asset Management Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $1.55 billion by 2031. The Canada market is experiencing a CAGR of 16.2% during 2024-2031. Additionally, the Mexico market is expected to exhibit a CAGR of 15.4% during 2024-2031.
DCAM is the comprehensive process of tracking, managing, and optimizing a data center's physical and digital assets. These assets include servers, storage devices, networking equipment, cooling systems, power distribution units (PDUs), and software licenses. The primary goal of asset management in a data center is to ensure efficient resource utilization, cost optimization, operational reliability, and compliance with regulatory standards.
One of the primary factors driving the demand for these management solutions is the increasing prevalence of cloud computing. Enterprises are shifting from on-premise data centers to cloud-based infrastructure to improve scalability, flexibility, and cost efficiency. Hyperscale data centers, operated by cloud giants like Amazon Web Services (AWS), Microsoft Azure, and Google Cloud, are expanding to accommodate rising data processing and storage needs of businesses.
The rapid expansion of digital technologies across public and private sectors drives the robust growth of North America's market. Trade agreements like the North American Free Trade Agreement (NAFTA) and its successor, the United States-Mexico-Canada Agreement (USMCA), have facilitated seamless cross-border data exchanges and business collaboration, further accelerating the demand for automated asset tracking, predictive maintenance, and energy efficiency solutions. Additionally, government initiatives focused on cybersecurity, digital infrastructure development, and regulatory compliance are shaping the region’s data center asset management landscape, ensuring sustained growth in the coming years. Thus, as digital transformation continues to accelerate, the region presents lucrative opportunities for these management solutions.
List of Key Companies Profiled
- Equinix, Inc.
- Cyxtera Technologies, Inc. (BC Partners and Medina Capital)
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Google LLC (Alphabet Inc.)
- IBM Corporation
- Microsoft Corporation
- NTT Data Corporation
- Meta Platforms, Inc.
- Oracle Corporation
- Schneider Electric SE
Market Report Segmentation
By Component
- Software
- Services
By Deployment
- On-premise
- Cloud
By End-use
- IT & Telecom
- BFSI
- Healthcare
- Government & Defence
- Energy
- Other End-use
By Application
- Inventory Management
- Capacity Planning & Optimization
- Compliance & Security Management
- Power & Energy Management
- Change Management
- Other Application
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. North America Data Center Asset Management Market by Component
Chapter 6. North America Data Center Asset Management Market by Deployment
Chapter 7. North America Data Center Asset Management Market by End-use
Chapter 8. North America Data Center Asset Management Market by Application
Chapter 9. North America Data Center Asset Management Market by Country
Chapter 10. Company Profiles
Companies Mentioned
- Equinix, Inc.
- Cyxtera Technologies, Inc. (BC Partners and Medina Capital)
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Google LLC (Alphabet Inc.)
- IBM Corporation
- Microsoft Corporation
- NTT Data Corporation
- Meta Platforms, Inc.
- Oracle Corporation
- Schneider Electric SE
Methodology
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