PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1530802
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1530802
According to Stratistics MRC, the Global Cloud Automation Market is accounted for $261.2 billion in 2024 and is expected to reach $913.4 billion by 2030 growing at a CAGR of 23.2% during the forecast period. Cloud Automation is technology used to manage and optimize cloud computing environments with minimal human intervention. It involves automating tasks such as resource provisioning, configuration, scaling, and monitoring in cloud services. By employing scripts, tools, and orchestration platforms, organizations can streamline operations, reduce errors, and improve efficiency. Cloud Automation helps in managing dynamic workloads, ensuring consistent deployments, and maintaining compliance and security. It enables scalable and resilient cloud environments, allowing businesses to quickly adapt to changing demands while minimizing manual oversight and operational costs.
According to NASSCOM, last year, the investment in infrastructure-as-a-service in India reached USD 2 billion. During COVID-19, people preferred to work from home, leading companies and other entities to increase investments in the cloud automation market.
Growing adoption of cloud services
Cloud automation helps streamline operations such as provisioning, scaling, and monitoring, which becomes essential as cloud infrastructure grows in complexity. This increased demand fosters innovation and the development of advanced automation solutions, enhancing efficiency and reducing operational costs. Thus as more organizations migrate to cloud environments, the demand for automation tools to manage, optimize, and secure these resources increases boosting the growth of the market.
Complexity and integration issues
Integrating automation tools with existing IT infrastructure and legacy systems becomes cumbersome. This complexity can lead to increased deployment times, higher costs, and potential disruptions in operations. Organizations may face difficulties in aligning automation solutions with varied cloud platforms and on-premises systems, impacting overall efficiency impeding the market growth.
Increasing volume of data generated by businesses
Organizations require robust automation tools to handle vast amounts of information effectively, ensuring timely and accurate processing, analysis, and storage. Cloud automation helps manage this data influx by automating tasks such as data provisioning, scaling storage, and real-time analytics, which enhances operational efficiency and scalability. However, the sheer volume of data also presents challenges, including the need for advanced automation solutions to manage and analyze data effectively without compromising performance or security.
Adhering to various regional and industry-specific compliance regulations
Compliance requirements often involve rigorous data protection, privacy, and security standards that cloud automation solutions must meet. This can complicate the design and implementation of automation tools, as vendors must tailor solutions to meet diverse regulatory frameworks across different regions and industries. The need for extensive compliance measures can lead to increased development time and costs, potentially slowing market adoption.
COVID-19 significantly accelerated the Cloud Automation market as organizations rapidly adopted cloud solutions to support remote work and ensure business continuity. The pandemic heightened the need for scalable, efficient cloud management, driving increased investment in automation tools. Businesses sought to streamline operations, reduce costs, and enhance agility in response to the crisis, which spurred demand for cloud automation technologies.
The infrastructure segment is expected to be the largest during the forecast period
The infrastructure is expected to be the largest during the forecast period owing to robust infrastructure supports the seamless integration of automation tools, enhancing performance and reliability. It facilitates the automation of provisioning, scaling, and monitoring tasks, which improves operational efficiency and reduces manual intervention thereby propelling the growth of the market.
The configuration management segment is expected to have the highest CAGR during the forecast period
The configuration management segment is expected to have the highest CAGR during the forecast period. by ensuring consistent and stable cloud environments. It automates the handling of software and infrastructure configurations, enhancing efficiency by reducing manual tasks and accelerating deployment. This process also improves security by aligning configurations with compliance standards, mitigating vulnerabilities thus driving the growth of the market.
North America is projected to hold the largest market share during the forecast period because organizations in North America are heavily invested in cloud technologies across sectors like finance, healthcare, and retail, creating strong demand for automation tools. Additionally the region's stringent regulatory environment drives the need for robust cloud automation tools that ensure security and compliance.
Asia Pacific is projected to hold the highest CAGR over the forecast period due to rising cloud adoption and digital transformation across the region. Businesses are increasingly leveraging cloud automation to enhance operational efficiency, reduce costs, and ensure security and compliance. Furthermore integration of advanced technologies like AI and machine learning into cloud automation solutions is enhancing their capabilities, leading to more sophisticated and intelligent management of cloud resources.
Key players in the market
Some of the key players in Cloud Automation market include Alibaba Cloud, Amazon, Cisco Systems, Inc., Citrix Systems Inc., Cloud Velox, Dell Inc., EMC Corporation, Google, Hewlett Packard Enterprise (HPE), IBM Corporation, Microsoft Corporation, Opex Software, Oracle Corporation and Vmware, Inc.
In July 2024, Cisco and HTX signed MOU to Pilot 5G and AI technologies to enhance homeland security. Both parties will collaborate in the research and development of 5G and AI technologies to digitally transform public safety, security and network operations in Singapore.
In July 2024, Cisco launched country digital transformation program in Vietnam to supercharge its economic growth. The program will see investments in key areas like 5G, smart manufacturing, financial services and digital government.
In July 2024, ASMPT and IBM deepened collaboration to advance bonding methods for chiplet packages for AI. Through the agreement, the two companies will work together to advance thermocompression and hybrid bonding technology for chiplet packages.
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.