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Data Center Automation Market Poised for Rapid Growth, Forecasted to Reach USD 32.5 billion by 2030
Data Center Automation Market
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A data center is a facility with interconnected computers and storage systems for processing, storing, and distributing data. Data center automation streamlines operations, monitoring, and maintenance by replacing manual tasks with automated processes.
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.
Significant surge in need for data centres from industries across all domains namely, IT & telecom, BFSI, public sector & utilities, healthcare, energy, manufacturing, retail, education, and others, extensive use of data automation by organizations to operate with maximum energy efficiency while minimizing their impact on the environment, and rise in the Internet penetration across the globe are expected to drive the growth of the global data centre automation market. On the other hand, lack of skilled professionals is expected to hinder the growth to some extent. However, a remarkable upsurge in the popularity of cloud computing and online gaming are further predicted to create ample opportunities for the industry.
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The report offers a detailed segmentation of the global data centre automation market based on component, operating environment, end-user, and region.
Based on components, the solution segment dominated the data center automation market, and is expected to maintain its dominance in the upcoming years. This is attributed to the demand for server automation solutions in data centers which enables organizations or users to quickly and securely provision, configure, patch, and maintain physical, virtual, and cloud servers.
Server automation offers compliance with pre-configured policies as per requirements and it also increases IT efficiency by up to ~85% with an intelligent and closed loop for automated remediation. These factors aid in growth of server automation for the data center automation market. However, the services segment is expected to witness highest growth rate during the data center automation market forecast period.
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Based on industry vertical, the BFSI segment is the fastest growing segment for the data center automation market, and is projected to keep its hold on the market in the coming years. Moreover, the BFSI sector has been implementing data center automation as it eliminates faults from manual processes and improves the synchronization between IT operations and IT security.
Analysis of customer developments, fraud detection, and other similar tasks can be achieved by efficiently managing data. Immense competition in the finance sector increases pressure on banks to become more responsive and efficient. Furthermore, banks need to augment their resources and infrastructure and improve their operational efficiency. Thus, to address the above issues, banks are implementing data center technology to offer services such as mobile banking, ATM services, online banking, and others.
Based on end-user, the BFSI segment held the majority market share in 2020, holding nearly one-fourth of the total data centre automation industry. The healthcare segment, on the other hand, is projected to exhibit the fastest CAGR of 25.2% during the forecast period.
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Based on region, the market across North America held the lion's share in 2020, garnering more than two-fifths of the total market. The Asia-Pacific region, on the other hand, is expected to cite the fastest CAGR of 24.06% during the forecast period.
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.
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