The Asia Pacific Data Center Asset Management Market is expected to witness market growth of 15.1% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific 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 $402 million by 2031. The Japan market is registering a CAGR of 14.4% during 2024-2031. Additionally, the India market is expected to showcase a CAGR of 16% during 2024-2031.
As digital transformation accelerates, enterprises must modernize their IT infrastructure while ensuring efficient tracking, maintenance, and decommissioning of data center assets. Managing thousands of IT components, including servers, storage systems, and networking devices, requires automated tracking solutions using RFID, barcode scanning, and IoT sensors to prevent asset misplacement and underutilization.
Proper decommissioning and disposal of IT assets are critical for data security, compliance, and environmental sustainability. Regulations such as GDPR and HIPAA mandate secure data erasure before retiring hardware, preventing data breaches and legal penalties. For instance, a healthcare provider upgrading its storage infrastructure must ensure that old hard drives and servers containing sensitive patient data are securely wiped or destroyed.
Countries like China, India, Japan, and Australia are witnessing substantial investments in data center infrastructure, necessitating advanced asset tracking, predictive maintenance, and energy optimization solutions to manage critical IT resources efficiently. A surge in demand for data center asset management is currently underway in India, which is being driven by the rapid expansion of its digital ecosystem. The country has an internet penetration rate of 45%, with over 622 million users, according to the Telecom Regulatory Authority of India (TRAI). This growth is fueled by affordable mobile data plans and government initiatives like Digital India, which aims to expand high-speed internet access to rural areas. As data volumes surge across e-commerce, education, and healthcare sectors, the need for efficient, scalable, and secure asset management solutions has become critical. India's growing emphasis on cloud adoption and digital transformation positions it as a key market for these management solutions. Hence, as Asia Pacific expands its data center infrastructure, the demand for intelligent asset management solutions is rising, ensuring optimized performance, cost efficiency, and regulatory compliance.
The China market dominated the Asia Pacific 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 $402 million by 2031. The Japan market is registering a CAGR of 14.4% during 2024-2031. Additionally, the India market is expected to showcase a CAGR of 16% during 2024-2031.
As digital transformation accelerates, enterprises must modernize their IT infrastructure while ensuring efficient tracking, maintenance, and decommissioning of data center assets. Managing thousands of IT components, including servers, storage systems, and networking devices, requires automated tracking solutions using RFID, barcode scanning, and IoT sensors to prevent asset misplacement and underutilization.
Proper decommissioning and disposal of IT assets are critical for data security, compliance, and environmental sustainability. Regulations such as GDPR and HIPAA mandate secure data erasure before retiring hardware, preventing data breaches and legal penalties. For instance, a healthcare provider upgrading its storage infrastructure must ensure that old hard drives and servers containing sensitive patient data are securely wiped or destroyed.
Countries like China, India, Japan, and Australia are witnessing substantial investments in data center infrastructure, necessitating advanced asset tracking, predictive maintenance, and energy optimization solutions to manage critical IT resources efficiently. A surge in demand for data center asset management is currently underway in India, which is being driven by the rapid expansion of its digital ecosystem. The country has an internet penetration rate of 45%, with over 622 million users, according to the Telecom Regulatory Authority of India (TRAI). This growth is fueled by affordable mobile data plans and government initiatives like Digital India, which aims to expand high-speed internet access to rural areas. As data volumes surge across e-commerce, education, and healthcare sectors, the need for efficient, scalable, and secure asset management solutions has become critical. India's growing emphasis on cloud adoption and digital transformation positions it as a key market for these management solutions. Hence, as Asia Pacific expands its data center infrastructure, the demand for intelligent asset management solutions is rising, ensuring optimized performance, cost efficiency, and regulatory compliance.
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
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
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. Asia Pacific Data Center Asset Management Market by Component
Chapter 6. Asia Pacific Data Center Asset Management Market by Deployment
Chapter 7. Asia Pacific Data Center Asset Management Market by End-use
Chapter 8. Asia Pacific Data Center Asset Management Market by Application
Chapter 9. Asia Pacific 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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