Intelligent Platform Management Interface Market is expected to grow at a CAGR 10.34%

According to TechSci Research report, “Intelligent Platform Management Interface Market - Global Industry Size, Share, Trends, Opportunity, and Forecast 2018-2028”, the Global Intelligent Platform Management Interface Market is expected to register robust growth during the forecast period. Data centers serve as the backbone of modern IT operations, supporting a myriad of applications, services, and workloads. The growing demand for cloud services, big data analytics, artificial intelligence, and other compute-intensive tasks has led to the expansion of data center facilities. This expansion results in a complex ecosystem of servers and associated hardware, often distributed across multiple locations.

The rise of edge computing represents a substantial opportunity for IPMI solutions. As organizations increasingly deploy computing resources closer to the point of data generation, there is a growing need for efficient and secure remote management at the edge. IPMI can capitalize on this trend by optimizing solutions for edge environments, providing remote monitoring and management capabilities tailored to the unique challenges of distributed computing.

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Based on component, the Hardware segment is expected to dominate the market during the forecast period. Security is a paramount concern within the hardware segment of IPMI solutions. Security features include encryption capabilities, secure firmware updates, and mechanisms for protecting against unauthorized access to the management interfaces. With the rising focus on cybersecurity, there is a trend toward the integration of more robust security features into the hardware components of IPMI solutions. This includes the adoption of advanced encryption protocols, secure boot processes, and hardware-based authentication mechanisms to ensure the integrity and confidentiality of remote management communications. Achieving compatibility and standardization across different hardware components is a key consideration within the hardware segment. Standardized interfaces and specifications ensure interoperability, allowing IPMI solutions to work seamlessly across various server hardware from different vendors. The industry trend is toward greater collaboration among hardware manufacturers to adhere to common standards and specifications for IPMI implementation. This facilitates a more consistent user experience and simplifies the management of heterogeneous server environments. Vendors are actively participating in industry forums to contribute to and adopt standardized practices. In summary, the hardware segment of the Global IPMI market is characterized by continuous innovation in server integration, management modules, sensors, security features, and a commitment to compatibility and standardization. These trends collectively contribute to the evolution of hardware components that form the foundation of intelligent and efficient platform management interfaces.

Based on end user, the BFSI segment is projected to dominate the market throughout the forecast period. Streamlining IT operations is crucial for BFSI organizations, and integration with ITSM systems is a key consideration for IPMI solutions. This integration ensures that remote management capabilities align with broader IT service management processes and workflows. The BFSI segment is witnessing a trend toward tighter integration between IPMI solutions and ITSM systems. This includes standardized APIs (Application Programming Interfaces) for seamless data exchange, automated incident resolution workflows, and the incorporation of IPMI data into overall IT service dashboards for comprehensive visibility. Compliance auditing is a routine requirement in the BFSI sector to ensure adherence to industry regulations. IPMI solutions must provide robust auditing and reporting features to facilitate compliance checks and reporting of remote management activities. The trend is toward enhancing compliance auditing capabilities within IPMI solutions for the BFSI segment. This includes detailed logging of management actions, real-time reporting features, and integration with centralized compliance management systems to streamline the audit process. In summary, the BFSI segment of the Global IPMI market is characterized by a strong focus on security, high availability, scalability, integration with ITSM systems, and compliance auditing. These trends reflect the industry's commitment to leveraging intelligent platform management interfaces to enhance the efficiency and security of IT operations within the critical and dynamic BFSI sector.

Key market players in the Global Intelligent Platform Management Interface Market are:-

• ARM Ltd.
• Cisco Systems Inc.
• Dell Technologies
• Emerson
• Hewlett Packard Enterprise Development LP (HPE)
• Intel Corporation
• Microsoft Corporation
• NEC Corporation
• SoftLayer Technologies Inc.
• Super Micro Computer Inc. 

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“The Global Intelligent Platform Management Interface Market in North America is poised to be the dominant force in the industry. North America places a strong emphasis on cybersecurity and data protection. The region is governed by stringent regulatory frameworks, such as the Health Insurance Portability and Accountability Act (HIPAA) and the Payment Card Industry Data Security Standard (PCI DSS), influencing the adoption of secure IT management solutions, including IPMI. IPMI solutions in North America must align with high-security standards and compliance requirements. This focus on security creates opportunities for vendors to offer robust, secure, and compliant IPMI solutions, addressing the concerns of enterprises operating in regulated industries like healthcare and finance.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

“Intelligent Platform Management Interface Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Component (Hardware and Software), By Application (Server, Storage Devices and Others), By End User (BFSI, Healthcare, Education, Retail, Manufacturing, Government & Public Sector, IT & Telecommunication and Others), By Region, and By Competition” has evaluated the future growth potential of Global Intelligent Platform Management Interface Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Intelligent Platform Management Interface Market.

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