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Automated Infrastructure Management System Market Report 2024 - Automated Infrastructure Management Market Growth And Share
Automated Infrastructure Management System Market
According to The Business Research Company's, The automated infrastructure management system market size has grown rapidly in recent years. It will grow from $2.40 billion in 2023 to $2.78 billion in 2024 at a compound annual growth rate (CAGR) of 15.4%. The growth in the historic period can be attributed to increased complexity of IT environments, data center consolidation initiatives, demand for real-time monitoring and control, increasing threat landscape, and widespread adoption of virtualization technologies.
The automated infrastructure management system market size is expected to see rapid growth in the next few years. It will grow to $4.96 billion in 2028 at a compound annual growth rate (CAGR) of 15.6%. The growth in the forecast period can be attributed to the proliferation of Internet of Things (IoT) devices, the growing volume of data generated, the rising demand for data center optimization, the rise of remote work arrangements, and stringent regulatory requirements and data privacy regulations. Major trends in the forecast period include shift towards edge computing management, AI and machine learning technologies, focus on cybersecurity, emergence of SaaS-based solutions, and hybrid and multi-cloud management.
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Market Drivers and Trends:
The increasing adoption of cloud computing is expected to propel the growth of the automated infrastructure management system market going forward. Cloud computing refers to the provision of computing services, including servers, storage, databases, networking, software, and analytics, on an as-needed basis. The adoption of cloud computing is on the rise due to increasing demand for data analytics, growing emphasis on digital transformation, and increased adoption of digital transformation initiatives. Cloud computing facilitates scalability and accessibility in automated infrastructure management systems by providing centralized data storage, processing power, and remote access to monitoring and management tools. For instance, in December 2023, according to Eurostat, a Luxembourg-based intergovernmental organization, 45.2% of enterprises within the European Union procured cloud computing services, primarily for hosting email systems, storing electronic files, and performing various tasks. Purchases of cloud computing services among EU enterprises rose by 4% in 2023, compared to 2021. Notably, large enterprises exhibited a significant adoption rate, with 77.6% reporting the purchase of such services in 2023, marking a 6% increase from 2021. Therefore, the increasing adoption of cloud computing is driving the growth of the automated infrastructure management system market.
Major companies operating in the automated infrastructure management system market are focusing on developing innovative solutions, such as cloud automation suites, to gain a competitive edge in the market. A cloud automation suite is a collection of integrated tools and software designed to automate various tasks and processes involved in managing cloud infrastructure and services. For instance, in February 2024, Dell Inc., a US-based technology company, launched a telco cloud automation suite called the Telecom Infrastructure Automation Suite. This suite automates the orchestration and lifecycle management of multi-vendor cloud infrastructure on a large scale. It provides automated configuration and provisioning, infrastructure discovery and automation down to the network's infrastructure layer with open APIs and Dell services, and telemetry on equipment temperature, central processing unit (CPU), and memory utilization. It unifies infrastructure management, future-proof operations, and eases transformation and the mind with Dell services.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
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Major Key Players of the Market:
Microsoft Corporation, International Business Machines Corporation, Cisco Systems Inc., Broadcom Inc., Hewlett Packard Enterprise Co., Fujitsu Ltd., TE Connectivity Ltd , Corning Incorporated, CommScope Inc., Nexans Network Solutions NV, Anixter Inc., Virtusa Corporation, CA Technologies Inc., Belden Inc., CSS Corp., The Siemon Company, PagerDuty Inc., Reichle & De-Massari AG, Chatsworth Products Inc., Daffodil Software Ltd., FNT GmbH, ZPE Systems Inc., RiT Tech (Intelligence Solutions) Ltd., METZ CONNECT GmbH
Automated Infrastructure Management System Market 2024 Key Insights:
• The automated infrastructure management system market size is expected to see rapid growth in the next few years. It will grow to $4.96 billion in 2028 at a compound annual growth rate (CAGR) of 15.6%.
• Cloud Computing Fuels Growth In Automated Infrastructure Management Systems Market
• Telecom Infrastructure Automation Suite Transforming Network Cloud Management With Advanced Automation Technology
• North America was the largest region in the automated infrastructure management system market in 2023
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Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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