PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1236081
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1236081
Global Data Center Automation Market is valued at approximately USD 6.8 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 13.5% over the forecast period 2022-2029. A data center is a facility that encompasses a network of storage devices and computers, which is specially used by businesses and organizations to process, organize, store, and distribute large amounts of data. Data center automation is a method of scheduling, monitoring, maintenance, application distribution, and other typical data center workflows and procedures that are controlled and carried out without human supervision. It helps in improving flexibility and operational effectiveness. The surging demand for automating IT processes, increasing usage of internet and networking solutions and services, coupled with the rising application of data centers across various end-use sectors are the key driving factors for market growth around the world.
Moreover, the rising popularity of hybrid cloud architectures is further fueling the market demand due to organizations and businesses focusing on establishing a reliable data center infrastructure. According to the Statista analysis, in 2020, the hybrid cloud sector was estimated to account for USD 83.3 billion, which is projected to reach 262.4 billion by 2027. Consequentially, the growing demand for hybrid cloud is exhibiting a positive influence on the growth of the data center automation market worldwide. Furthermore, the growing investments in R&D and emerging automation solutions, as well as the rising numbers of co-location of data centers are presenting various lucrative opportunities over the forecasting years. However, the high capital investment required and increasing security threats are hindering market growth over the forecast period of 2022-2029.
The key regions considered for the Global Data Center Automation Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia Pacific dominated the market in terms of revenue, owing to the growing investment in the R&D of data centers, and network infrastructure, along with the rising emphasis on offering cloud computing services. Whereas, Asia Pacific is also expected to grow at the highest growth rate over the forecasting period. Factors such as the growing emergence of start-ups adopting network automation, as well as the increasing expenditure on the IT infrastructure and advancement of new data centers to manage data volume are burgeoning the market growth in the forecasting years.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of figures
List of tables and figures and dummy in nature, final lists may vary in the final deliverable