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Data Center Automation Market to Witness Remarkable Growth at a CAGR of 21.32% by 2021-2030

07-26-2024 08:48 AM CET | IT, New Media & Software

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
The 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.

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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.

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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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.

Access Full Summary: https://www.alliedmarketresearch.com/data-center-automation-market

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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. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports Insights" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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