Intelligent Platform Management Interface Ipmi Market Size, Share, Industry Trends and Forecast to 2030

Intelligent Platform Management Interface (IPMI) Market Size & CAGR in 2021

The global Intelligent Platform Management Interface (IPMI) market is projected to experience a Compound Annual Growth Rate (CAGR) of 6.85% in 2021. This growth is expected to result in the market expanding by USD 685.62 million by the end of the year.

COVID-19 Impact on the Intelligent Platform Management Interface (IPMI) Market

The outbreak of the COVID-19 virus in late 2019 has had a significant impact on the Intelligent Platform Management Interface (IPMI) market. The pandemic has disrupted supply chains, leading to delays in manufacturing and logistics. This has resulted in a slowdown in the adoption of IPMI solutions by various industries. However, the increased focus on remote management and monitoring of data centers during the pandemic has also created opportunities for growth in the IPMI market.

Intelligent Platform Management Interface (IPMI) Dynamics

The Intelligent Platform Management Interface (IPMI) market is driven by the increasing adoption of cloud computing and data center services across various industries. The need for efficient remote management and monitoring solutions has led to the growth of the IPMI market. Additionally, the rise in cyber threats and the need for secure and reliable IT infrastructure have further contributed to the demand for IPMI solutions.

Segments and Related Analysis

The Intelligent Platform Management Interface (IPMI) market can be segmented based on the type of solutions offered, including hardware and software solutions. Hardware solutions include management controllers, sensors, and monitoring devices, while software solutions involve remote management software and monitoring tools. The market can also be segmented based on end-users, such as IT & Telecom, Healthcare, Manufacturing, and BFSI.

By Region Analysis

The Intelligent Platform Management Interface (IPMI) market is segmented into key regions, including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America is expected to lead the market, followed by Europe and Asia Pacific. The presence of major IT companies and data centers in these regions is a key factor driving market growth.

Key Market Players and Competitive Landscape

Some of the key players in the Intelligent Platform Management Interface (IPMI) market include Dell Technologies, Hewlett Packard Enterprise, Super Micro Computer Inc., Intel Corporation, and Cisco Systems Inc. These companies are focusing on developing innovative solutions and enhancing their product portfolios to stay competitive in the market.

Recent Happenings in the Intelligent Platform Management Interface (IPMI) Market

In recent developments, Dell Technologies announced the launch of a new IPMI solution that offers advanced remote management capabilities for data centers. Additionally, Intel Corporation introduced a secure IPMI platform that provides enhanced security features for monitoring and managing IT infrastructure. These developments highlight the increasing focus on innovation and security in the IPMI market.