Press release
Data Center Automation Global Market Report 2024 - By Growth, Size, Share, Drivers, Forecast To 2033
Data Center Automation Market
Data Center Automation Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $20.11 billion In 2028 At A CAGR Of 12.6% :
The data center automation market size has grown rapidly in recent years. It will grow from $9.08 billion in 2023 to $10.70 billion in 2024 at a compound annual growth rate (CAGR) of 17.8%. The growth in the historic period can be attributed to rising digital transformation initiatives, cost reduction through automation in data centers, allows scalability, automation of data center enhances efficiency and supports in cost reduction, growing internet penetration generate huge volumes of data per second.
The data center automation market size is expected to see rapid growth in the next few years. It will grow to $20.11 billion in 2028 at a compound annual growth rate (CAGR) of 12.6%. The growth in the forecast period can be attributed to increase in the volume and speed of data generation, growth in cloud computing and online applications, energy and cost efficiency concerns, the growing digitization worldwide, the rise in the adoption of the internet of things (IoT) devices, social media, and smartphones. Major trends in the forecast period include technological advancements, digitization significantly increased the volume and speed of data generation, increase in IoT adoption worldwide, rapidly emerging 5g technology, increasing data traffic worldwide.
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Data Center Automation Market Major Segments
The data center automation market covered in this report is segmented -
1) By Component: Solution, Services
2) By Deployment : On-Premise, Cloud
3) By Enterprise: Large Size Enterprises, Small And Medium Sized Enterprises (SMEs)
4) By End-Use: Manufacturing, Banking, Financial Services And Insurance (BFSI), Healthcare, Retail, Information Technology (IT) And Telecommunication, Other End-Users
Key Driver - The Surge In Data Generation Fueling Growth In Data Center Automation Market
The increase in the volume and speed of data generation is expected to propel the growth of the data center automation market going forward. Data generation refers to creating or producing data through various sources and activities. It is increasing due to the widespread adoption of digital technologies, such as smartphones, IoT devices, social media platforms, and online transactions, continuously generating vast amounts of data from various sources and interactions. Data center automation helps data generation by providing the infrastructure and tools necessary to manage and process the increasing volume of data generated efficiently. For instance, in December 2022, according to Sky's The Limit (STL) report, a US-based optical and digital solutions company, the global data generated in 2021 was estimated at 79 zettabytes. By 2025, it is anticipated that around 150 zettabytes of data will be generated, which is double the expected amount for 2022. Therefore, the increase in the volume and speed of data generation is driving the growth of the data center automation market.
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Prominent Trend - Revolutionizing Data Center Automation Introducing Anymal By Anybotics AG
Major companies operating in the data center automation market are developing innovative products, such as Anymal, to reduce operational costs. Anymal is a quadrupedal robot designed for versatile mobility and autonomous operation in challenging environments, such as industrial sites, construction sites, and outdoor terrain. For instance, in March 2023, Anybotics AG, a Switzerland-based robotics company, launched Anymal, a line of advanced-legged robots designed for autonomous inspection and data collection in complex and demanding environments. The robots are built for safety, with features such as emergency stops, warning lights, safety handles, and compliance with international standards. They are also ruggedized, impact-protected, and dust- and waterproof, making them suitable for all-weather operation and use in explosive atmospheres. The deployment of ANYmal robots, including ANYmal X, aims to improve worker safety, increase productivity, and support sustainable industrial facilities.
Data Center Automation Market Players
Major companies operating in the data center automation market are Microsoft Corporation, Dell Technologies Inc., Siemens AG, Intel Corporation, IBM Corporation, Cisco Systems Inc., Oracle Corporation, Fujitsu Ltd., ABB Limited, Hewlett Packard Enterprise Development LP, Broadcom, VMware, Inc., Service Now Inc., Arista Networks, Inc., Citrix Systems Inc., EntIT Software LLC, BMC Software Inc., Veristor Systems Inc., Chef Software Inc., Puppet, HashRoot Ltd., Micro Focus International plc, Brocade Communications Systems, CA Technologies, Riverturn Inc.
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Largest And Fastest Growing Region In The Market
North America was the largest region in the data center automation market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the data center automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Data Center Automation Market Report Structure
3. Data Center Automation Market Trends And Strategies
4. Data Center Automation Market - Macro Economic Scenario
5. Data Center Automation Market Size And Growth
…..
27. Data Center Automation Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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