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Automated Infrastructure Management Solutions Global Market Report 2024 by The Business Research Company | Microsoft Corporation, HP Inc., IBM Corporation, Cisco Systems Inc., Schneider Electric SE, Broadcom Inc., Fujitsu Limited, TE Connectivity Ltd., Ne
The automated infrastructure management solution market size has grown rapidly in recent years. It will grow from $1.50 billion in 2023 to $1.69 billion in 2024 at a compound annual growth rate (CAGR) of 12.7%. The growth in the historic period can be attributed to increasing complexity of IT infrastructure, growing need for data organizations, increasing data flow and optimize the utilization of IT resources, increasing complexity of network infrastructure, urbanization and development of smart cities.The automated infrastructure management solution market size is expected to see rapid growth in the next few years. It will grow to $2.76 billion in 2028 at a compound annual growth rate (CAGR) of 13.0%. The growth in the forecast period can be attributed to high investments in upgrading the data centers, rise in the development of the colocation and hyperscale data centers, adoption of cloud-based solutions, government's support in the form of tax benefits, surge in data traffic and connectivity requirements. Major trends in the forecast period include digital and technological transformation progress, product innovation, rise of technologies such as cloud computing, adopting advanced technologies, advancing their infrastructures at minimal costs.
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Automated Infrastructure Management Solutions Market Major Segments
The automated infrastructure management solutions market covered in this report is segmented -
1) By Component: Hardware, Services, Software
2) By Application: Incident Management, Device Discovery, Asset Management
3) By End-User: Information Technology (IT) And Telecom, Energy And Utilities, Government, Manufacturing, Colocation Data Centers, Banking, Financial Services And Insurance (BFSI), Other End Users
Key Driver - Colocation And Hyperscale Data Centers Fueling Automated Infrastructure Management Solutions Market
The development of colocation and hyperscale data centers is expected to propel the growth of the automated infrastructure management solutions market in the future. Colocation data centers offer shared infrastructure for multiple organizations to house their servers. In contrast, hyperscale data centers are massive facilities designed by tech giants to accommodate the enormous scale and high-demand requirements of cloud computing and online services. The development of data centers is due to the increasing demand for digital services, cloud computing, big data analytics, and the Internet of Things (IoT). Data centers use automated infrastructure management solutions to efficiently monitor, track, and optimize the utilization of resources such as power, cooling, and network connectivity. For instance, in April 2022, according to CBRE Group Inc., a US-based commercial real estate services company, direct investment in the Asia-Pacific data center sector in 2021 totaled $4.8 billion, more than double the previous high of $2.2 billion in 2020. Therefore, the rise in the development of colocation and hyperscale data centers is driving the growth of the automated infrastructure management solutions market.
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Prominent Trend - Companies Leverage Suite Of Infrastructure Management Tools To Drive Competitive Advantage
Major companies operating in the automated infrastructure management solutions market are focusing on developing a suite of infrastructure management tools based on cloud-based technologies, such as VM Manager, to gain a competitive edge in the market. VM Manager is a suite of tools provided by the cloud that can be used to manage operating systems for large virtual machine (VM) fleets. For instance, in January 2021, Alphabet Inc., a US-based technology company, launched VM Manager, a suite of infrastructure management tools running on Google Cloud Platform (GCP). This aimed at simplifying and automating the maintenance of large fleets of compute engine VMs. This new offering is designed to assist enterprises in digital transformation by managing cloud resources through automation.
Automated Infrastructure Management Solutions Market Players
Major companies operating in the automated infrastructure management solutions market are Microsoft Corporation, HP Inc., IBM Corporation, Cisco Systems Inc., Schneider Electric SE, Broadcom Inc., Fujitsu Limited, TE Connectivity Ltd., Nexans Network Solutions NV, Anixter International Inc., CommScope Holding Company Inc., Furukawa Electric Co. Ltd., Rittal GmbH & Co. KG, Yash Technologies Private Limited, Panduit Corporation, Progress Software Corporation, The Siemon Company, PagerDuty Inc., RiT Tech Ltd., Fiber Mountain Inc., CA Technologies Inc., Reichle & De-Massari Holding AG, Metz Connect Holding GmbH, Ivanti International Limited, DICEUSAS UAB
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Largest And Fastest Growing Region In The Market
North America was the largest region in the automated infrastructure management solutions market in 2023. The regions covered in the automated infrastructure management solutions 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. Automated Infrastructure Management Solutions Market Report Structure
3. Automated Infrastructure Management Solutions Market Trends And Strategies
4. Automated Infrastructure Management Solutions Market - Macro Economic Scenario
5. Automated Infrastructure Management Solutions Market Size And Growth
…..
27. Automated Infrastructure Management Solutions Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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