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Data Center Robotics Market Value to Exceed USD 56 Billion in 2031

01-25-2023 12:49 PM CET | IT, New Media & Software

Press release from: Allied Market Research

Data Center Robotics Market

Data Center Robotics Market

According to the report, the global data center robotics industry generated $9.2 billion in 2021, and is estimated to reach $56 billion by 2031, witnessing a CAGR of 20% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario.

The advancement of smart data centers through robotic process automation and an increase in the adoption of data center services boost the growth of the global data center robotics market. However, an increase in security concerns of data center robotics and a lack of technical proficiency and awareness hamper the global market growth. On the other hand, an increase in the adoption of robotics, AI, ML, and IoT technologies by various end users presents new growth opportunities for the global market in the coming years.

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The hardware segment to maintain its lion's share during the forecast period

Based on component, the hardware segment was the largest market in 2021, contributing to nearly half of the global data center robotics market share, and is expected to maintain its leadership status during the forecast period, as it provides secure and high-performance computing. However, the service segment is projected to witness the fastest CAGR of 21.8% from 2022 to 2031, as it reduces time and costs associated with optimizing systems.

The large enterprises segment to dominate during the forecast period

Based on enterprise size, the large enterprises segment was the largest market in 2021, contributing to nearly three-fifths of the global data center robotics market share, and is expected to maintain its leadership status during the forecast period, as more number of large enterprises are adopting robotic technology to protect all their infrastructures. However, the SMEs segment is projected to witness the fastest CAGR of 21.0% from 2022 to 2031, owing to the increase in adoption of cloud computing by SMEs in the past few years.

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North America to maintain its dominance in terms of revenue during the forecast period

Based on region, North America was the largest market in 2021, capturing half of the global data center robotics market, and is expected to maintain its leadership during the forecast period. The demand for data center robotics is growing in North America owing to a surge in the demand for RPA, IoT technology, and faster network accessibility. However, the market in Asia-Pacific is expected to manifest the fastest CAGR of 22.7% during the forecast period¸ owing to a rise in the adoption of data center robotic solutions in the region for various benefits such as ease of implementation, centralization of customer support, and increase in customer services such as order management and network inventory management.

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Leading Market Players
• ABB Ltd.
• BMC Software, Inc.
• Cisco Systems Inc.
• ConnectWise LLC
• Hewlett Packard Enterprise Development LP
• Huawei Technologies Co., Ltd.
• Microsoft Corporation
• NTT Communications
• Siemens
• Rockwell automation inc.

Access Full Summary at: https://www.alliedmarketresearch.com/data-center-robotics-market-A31766

Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, Europe, or Asia.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.
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