Press release
Global Cloud Automation Market Projected to Surpass 431.43 Billion by 2029 with 16.6% Annual Growth
Cloud Automation Market
The cloud automation market has grown rapidly in recent years. It will grow from $200.5 billion in 2024 to $233.51 billion in 2025, with a CAGR of 16.5%. The growth is driven by the demand for low-cost storage, faster data accessibility, simplified application development and testing, increased cloud service adoption, and demand from large enterprises.
The cloud automation market is projected to grow to $431.43 billion by 2029, with a CAGR of 16.6%. This will be driven by R&D investments, hybrid cloud automation, and AI integration. Major trends include serverless computing, disaster recovery, and business continuity.
What Is Contributing to the Growth of the Cloud Automation Market?
The growing adoption of DevOps toolchains is expected to propel the growth of the cloud automation market. DevOps toolchains streamline the software development process by integrating various tools for automation. As DevOps adoption grows due to the increasing complexity of software development, cloud automation helps improve efficiency and speed. According to InfoSec Institute, by 2023, infrastructure automation tools were part of 60% of firms' DevOps toolchains, leading to a 25% increase in application deployment effectiveness. Therefore, the growing adoption of DevOps toolchains is expected to drive cloud automation market growth.
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Which Key Market Leaders Are Driving Cloud Automation Industry Growth?
Major companies operating in the cloud automation market are Google LLC, Microsoft Corporation, Dell Technologies Inc., Amazon Web Services Inc., International Business Machines Corporation, Cisco Systems Inc., Oracle Corporation, Broadcom Inc., The Hewlett Packard Enterprise Company, DXC Technology Company, VMware Inc., NetApp Inc., Alibaba Cloud, Citrix Systems Inc., Progress Software Corporation, Terraform by HashiCorp, LogicMonitor Inc., Perforce Software Inc., Skytap Inc., Turbonomic, Morpheus Data LLC, Pulumi Corporation, CloudBolt Software, Opex Software LLP, CloudVelox Inc., Cloudify Platform Ltd., Snow Software, Mirantis Inc., Qualisystems Ltd., Red Hat Inc.
What Are the Emerging Trends in the Cloud Automation Industry?
Leading companies in the cloud automation market are developing innovative solutions, such as automation cloud tools, to automate manual processes and gain a competitive advantage. Automation cloud tools are software solutions that help organizations automate and streamline cloud computing processes. For instance, in May 2022, UiPath, a US-based software company, launched Automation Cloud Robots, a serverless solution that runs cross-platform APIs and web-based automations without the need for virtual machines or robot configurations. These robots can manage up to 50 jobs simultaneously and are billed per execution minute, managed by the Automation Cloud Orchestrator. They provide instant automation, with unlimited SaaS capacity and no robot constraints.
What Are the Main Segments in the Cloud Automation Market?
The cloud automation market covered in this report is segmented -
1) By Component: Software, Services
2) By Deployment Type: Private, Public, Hybrid
3) By Organizational Size: Small And Medium Enterprise, Large Enterprise
4) By End-User: Banking, Financial Services, And Insurance (BFSI), Healthcare, Information Technology (IT) And Telecommunications (Telecom), Manufacturing, Retail, Other End-Users
Subsegments:
1) By Software: Cloud Management Software, Cloud Orchestration Software, Cloud Monitoring Software, Cloud Security Software, Cloud Integration Software
2) By Services: Professional Services, Managed Services
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Which Geographic Area Leads the Cloud Automation Market?
North America was the largest region in the cloud automation market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cloud automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Cloud Automation Global Market Report?
- Market Size Analysis: Analyze the Cloud Automation Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Cloud Automation Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Cloud Automation Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Cloud Automation Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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