Intelligent Platform Management Interface Market by Component (Hardware, Software)
Industry: Semiconductor Electronics
Published Date: April-2023
Format: PPT*, PDF, EXCEL
Delivery Timelines: Contact Sales
Number of Pages: 250
Report ID: PMRREP33415
Global Intelligent Platform Management Interface Market sales revenue totaled US$ 3.1 billion in 2022. Overall intelligent platform management interface demand from 2022 to 2032 will rise at 9.5% CAGR. By 2032, the global intelligent platform management interface market size will reach US$ 7.7 billion.
Servers segment is likely to thrive at a robust CAGR of 9.3% between 2022 and 2032. This is due to rising adoption of intelligent platform management interfaces for controlling and managing servers.
Key Market Shaping Factors:
A standardized interface for hardware-based platform management systems that makes it possible to monitor and control servers is known as an intelligent platform management interface.
It is a model or type of OOB (out-of-band) management that can perform management functions regardless of the installed operating system or servers’ location. It is mostly used by system administrators for OBB management of computer systems as well as monitoring of their operations.
IPMI continuously monitors server health and issues warnings of potential system failures. Its configuration is simple and it allows users to access BIOS and make changes from remote locations. It provides various advantages over system diagnosis software.
Intelligent Platform Management Interface performs functions of:
Growing need for standardized server management platforms will drive the global IPMI market. Similarly, increasing adoption of cloud computing and growing popularity of cloud-based platforms will elevate demand.
Another key factor that will fuel intelligent platform management interface demand is the rising cases of cyberattacks.
Cyber-attacks such as ransomware and DDOS attacks cost businesses around 4.35 million on average with around 236 million ransomware attacks and around 6 million DDOS attacks in 2022.
By 2025, it is projected that cyber-attacks will cost around US$10 trillion. With the increase in the threat of cyber-attacks globally, demand for IPMI will rise at a strong pace. This is because IPMI provides secure remote management capability which reduces the threat of cyber-attacks on the organization’s server.
Attributes | Key Insights |
---|---|
Intelligent Platform Management Interface Market Size in 2022 |
US$ 3.1 billion |
Projected Market Size (2032) |
US$ 7.7 billion |
Value-based CAGR (2022 to 2032) |
9.5% |
USA Market CAGR (2022 to 2032) |
8.4 % |
Historically, from 2017 to 2021, the worldwide intelligent platform management interface market exhibited 12.8% CAGR. Over the next ten years, sales will soar at 9.5% CAGR, creating an absolute $ opportunity of US$ 4.6 billion.
Intelligent platform management interface (IPMI) is a standardized interface for managing and monitoring servers, computers, and other devices in a network. It is an independent hardware management protocol that provides a common interface to manage and monitor servers, irrespective of their operating system and platform.
The intelligent platform management interface (IPMI) allows remote management of servers. This includes power management, monitoring hardware health, viewing event logs, and remotely accessing the server console.
In recent years, demand for high-performance computing solutions that can process large amounts of data quickly and efficiently has increased significantly. This is because modern organizations increasingly rely on data-intensive workloads. Driven by this, adoption of IPMI will increase at a robust pace.
IPMI provides remote management capabilities that allow IT administrators to monitor and control servers from a central location, making it an essential component of modern data centers.
High adoption of cloud computing is likely to expand the IPMI market. This is because cloud service providers use IPMI to manage their data centers and deliver reliable and scalable services to customers.
There are currently around 8000 data centers operating around the world with around 64 zettabytes of data stored in these data centers. It is projected that the amount of data stored in the world will increase to around 181 zettabytes by 2025 of which a prominent part is projected to be stored on the cloud.
With increasing adoption of cloud computing by businesses and increase in the amount of global data, IPMI demand will increase significantly.
With the increasing complexity of server infrastructures, IT administrators require better tools for managing and monitoring their servers. IPMI provides a standardized interface for managing servers, simplifying the process of server management.
Also, with cyber-attacks becoming more sophisticated, security has become a top priority for organizations. IPMI provides secure remote management capabilities, allowing administrators to monitor and control servers without exposing them to external threats.
Regionally, North America will continue to remain at the epicenter of IPMP market through 2032. North America intelligent platform management interface market value reached US$ 1.28 billion in 2022.
Between 2022 and 2032, North America market will register strong growth, taking the total valuation to US$ 3.18 billion by 2033.
North America is home to several established and emerging companies that offer IPMI solutions. The rapid expansion of the North American IPMI market is attributed to the increasing demand for efficient data center management solutions and growing trend of server virtualization.
Similarly, increasing adoption of advanced technologies such as cloud computing and big data analytics will boost sales in North America.
The United States of America accounts for around 33% of all the data centers present in the world with Canada having 3% of global data centers. This makes North America a significant region for data centers.
Intelligent platform management interface (IPMI) is commonly used in data centers as it provides a standardized interface for managing and monitoring server hardware.
IPMI also allows IT administrators to remotely monitor the health and status of servers, perform hardware diagnostics, and manage power and thermal control.
As per Persistence Market Research, number of data servers is likely to increase at a rapid pace across North America. This is due to large amount of data generated by online activities such as social media, e-commerce, and video streaming. Driven by this, demand for IPMI will rise significantly through 2032.
How is the United States Intelligent Platform Management Interface Market Shaping?
Intelligent platform management interface demand in the United States is set to expand at 8.4% CAGR through 2032. From 2017 to 2021, the United States of America market grew at 11.2% CAGR. By the end of 2032, intelligent platform management interface sales revenues in the United States of America will reach US$ 2.5 billion.
Rising incidence of cybercrimes is a key factor that will drive intelligent platform management interface demand in the United States over the next ten years.
The United States recorded around 800,000 cybercrime incidents in the year 2021. Further, around 89% of the companies in the United States experienced cybercrime and around 56% of the companies experienced ransomware attacks costing them an average of US$9.05 million due to data breaches.
With the increase in cybercrime in the country, demand for IPMI is set to increase at a robust pace. This is because IPMI is used by corporations to reduce the risk of cyber-attacks as it provides secure remote management capabilities. It allows administrators to monitor and control servers without exposing them to external threats.
What is the Growth Projection for China Intelligent Platform Management Interface Market?
China intelligent platform management interface market is set to reach US$ 648.5 million by 2032. It will generate an absolute $ growth of US$ 410.3 million between 2022 and 2032. Overall intelligent platform management interface demand is likely to surge at 10.5% CAGR through 2032.
Rising penetration of smartphones and 5G will create a conducive environment for the expansion of IPMP market in China.
There were around 42.3 million 5G subscribers in China in 2020. By 2030, China will have around 1.39 billion 5G subscribers. With increasing number of mobile subscribers in the country, demand for IPMI will increase as telecom operators use IPMI to manage and monitor their network infrastructure, including servers, switches, and routers.
IPMI provides a standardized interface for remote management and monitoring of telecom network equipment. This in turn makes it easier for IT staff to manage and maintain these devices.
Which Component Will Create Lucrative Growth Prospects for the Market?
Based on component, hardware segment will create lucrative growth prospects for the market. The hardware segment grew at 12.4% CAGR from 2017 to 2021. Over the projection period, the same segment will thrive at 9.4% CAGR.
The hardware components of IPMI typically include a Baseboard Management Controller (BMC), which is a dedicated microcontroller that manages the IPMI functions. The BMC is connected to the server's main CPU, memory, and other peripherals through a dedicated management bus.
In addition to the BMC, IPMI also requires a network interface for remote management capabilities. This is typically implemented through a dedicated Ethernet port on the server, which is connected to the BMC.
Other hardware components that may be used in IPMI implementations include sensors for monitoring system parameters such as temperature and voltage, as well as hardware support for remote console access and virtual media.
Which is the Most Remunerative Application for Intelligent Platform Management Interfaces?
As per Persistence Market Research, servers will remain the most remunerative application for IPMI. The servers segment is set to expand at 9.3% CAGR between 2022 and 2032 in comparison to 12.0% CAGR registered from 2017 to 2021.
IPMI is a standard interface that provides system administrators with a way to monitor and manage servers remotely. In servers, IPMI allows administrators to monitor server health, power consumption, temperature, and other system parameters.
It also enables remote management capabilities such as remote power cycling, firmware updates, and system configuration changes. IPMI is especially useful in data centers and other large-scale server deployments where physical access to the server may be limited or difficult.
With IPMI, administrators can manage servers remotely, reducing the need for on-site maintenance and troubleshooting. Hence, IPMI is an essential tool for server administrators, and its use in servers is expected to continue to grow as the demand for remote server management and data security increases.
HPE, Intel Corporation, NEC, Super Micro Computer Inc., Dell Inc, ARM Holdings Inc., Cisco, Emerson, Microsoft Corporation, and IBM Cloud are leading intelligent platform management interface manufacturers and service providers.
Key intelligent platform management interface providers are launching new products and services to gain a competitive edge in the market. They are also forming partnerships and alliances as well as adopting merger & acquisition strategy to expand their presence.
Recent developments:
Attribute | Details |
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Estimated Market Size (2022) |
US$ 3.1 billion |
Projected Market Size (2032) |
US$ 7.7 billion |
Anticipated Growth Rate (2022 to 2032) |
9.5% CAGR |
Forecast Period |
2022 to 2032 |
Historical Data Available for |
2017 to 2021 |
Market Analysis |
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Key Regions Covered |
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Key Countries Covered |
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Key Segments Covered |
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Key Companies Profiled |
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Report Coverage |
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The global market was valued at US$ 2.8 billion in 2021.
The global intelligent platform management interface market size reached US$ 3.1 billion in 2022.
The worldwide intelligent platform management interface industry will reach US$ 7.7 billion by 2032.
The global market exhibited a CAGR of 12.8% from 2017 to 2021.
Global intelligent platform management interface demand is likely to surge at 9.5% CAGR through 2032.
Servers segment will generate significant opportunities for the market through 2032.