Growing IPMI market valued at USD 3.57 billion in 2023, projected to reach $9.65 billion by 2032
From GlobeNewswire: 2025-04-18 09:15:00
The Intelligent Platform Management Interface (IPMI) Market was valued at USD 3.57 billion in 2023 and is projected to reach USD 9.65 billion by 2032, growing at a CAGR of 11.68%. Secure IPMI solutions are crucial for remote infrastructure management in the face of evolving cyber threats, with the U.S. market projected to reach USD 2.24 billion by 2032.
Leading market players in the IPMI market include Intel, ARM Holdings, Emerson, NEC Corporation, Super Micro Computer, Cisco, Dell, Hewlett Packard Enterprise, Microsoft, and Softlayer Technologies. These companies offer a range of semiconductor, IT infrastructure, automation, networking, and cloud solutions.
The Baseboard Management Controller (BMC) segment led the IPMI market in 2023, contributing 32% of total revenue. The server segment dominated the market in 2023, while storage devices are projected to be the fastest-growing segment from 2024 to 2032. The BFSI sector held the largest share in 2023, with the IT & Telecom segment expected to grow the fastest.
North America currently dominates the IPMI market, with the U.S. leading in market growth due to digital transformation and cloud computing trends. However, the Asia-Pacific region is set to witness the fastest growth from 2024 to 2032, driven by expanding cloud computing, AI, and 5G networks.
In recent developments, Intel faces scrutiny from China’s Cyber Security Association over national security concerns and security flaws in its CPUs. The IPMI market report provides a detailed analysis of market dynamics, competitive landscape, segmentation by component, application, and vertical, regional analysis, company profiles, and more.
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