Data Center Automation Market Showing Impressive Growth During Forecast Period 2021 – 2030
WILMINGTON, DE, UNITED STATES, June 3, 2024 /EINPresswire.com/ — The global data center automation market was valued at $4.8 billion in 2020, and is estimated to reach $32.5 billion by 2030, growing at a CAGR of 21.32% from 2021 to 2030.
The data center automation market is impacted by factors such as applications across various industry verticals, higher energy efficiency, and growing cloud computing, social media, online gaming, and big data applications. However, power failure and storage limitation.
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Asia-Pacific is expected to observe highest growth rate during the data center automation market forecast period. Increase in investments for data center automation solutions among countries such as China, Japan, Thailand, India, and Indonesia fuels growth of the market. Moreover, increase in adoption of data center automation solutions in applications in Asia-Pacific is encouraging players to invest in research & development to meet growing needs of customers. With increase in number of vendors offering reasonable, superior, and personalized solutions, there is massive competition in Asia-Pacific. High demand for automation and increasing Internet penetration, combined with good economic growth propels growth of data center automation in Asia-Pacific.
On the basis of region, the data center automation industry was dominated by North America in 2020. However, Asia-Pacific is expected to witness significant growth in the upcoming years.
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The current estimation of 2030 is projected to be higher than pre-COVID-19 estimates. Automation is playing an important role in maintaining IT operations during the COVID-19 pandemic. According to the Verizon Network Report, April 22, the overall data volume across its networks increased by 19% compared to pre-COVID levels. While data usage remains elevated, changes in how people are using the network have stabilized. Such factors contributes to the rise in demand for data center automation software and data center automation tools.
Some of the key data center automation industry players profiled in the report include VMware, Inc., BMC Software, Cisco Systems, Inc., IBM Corp., Hewlett Packard Enterprise, Microsoft Corp., Puppet, Citrix Systems, Inc., ServiceNow, Inc., and Chef Software, Inc. This study includes data center automation market share, trends, data center automation market analysis, and future estimations to determine the imminent investment pockets.
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