PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1483144
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1483144
The data center automation market is estimated to be valued at US$ 10.29 Bn in 2024 and is expected to reach US$ 33.83 Bn by 2031, growing at a compound annual growth rate (CAGR) of 18.5% from 2024 to 2031.
Report Coverage | Report Details | ||
---|---|---|---|
Base Year: | 2023 | Market Size in 2024: | US$ 10.29 Bn |
Historical Data for: | 2019 To 2023 | Forecast Period: | 2024 To 2031 |
Forecast Period 2024 to 2031 CAGR: | 18.50% | 2031 Value Projection: | US$ 33.83 Bn |
The rapid digital transformation across various industries has accelerated the demand for scalable and efficient data center infrastructure. Furthermore, the growth in data volumes driven by trends like Internet of Things (IoT), artificial intelligence (AI), and 5G has compelled organizations to evaluate automation solutions that can help optimize their data center operations. Data center automation facilitates the centralized monitoring and management of equipment and applications running across hybrid cloud environments. It assists in streamlining workflows, improving efficiency, and reducing costs through functions like virtual policy-based configuration management, workload scheduling and migration, and predictive analytics. With data center footprints expanding alongside the surge in data traffic, automation is gaining traction as it allows administrators to minimize human errors and scale operations seamlessly.
The data center automation market is driven by the rising need to optimize resource utilization, cut operational costs, enhance agility and scalability of data center infrastructure. However, high initial investments and transition challenges related to legacy systems act as restraints. Adoption of technologies like IoT, big data analytics, and artificial intelligence are generating exponentially larger amounts of unstructured data which is creating demand for more data centers. This presents significant opportunities for data center automation solution providers. The growing inclination towards sustainable data center management practices is another key trend that is garnering notable attention from stakeholders. Additionally, the incorporation of advanced technologies like machine learning, predictive analytics, and Edge computing are also expected to offer new avenues for market expansion going ahead.