The growth of the data center automation software market is expected to boost the market as there is a growing trend of bring your own device (BYOD) in enterprises.
PORTLAND, PORTLAND, OR, UNITED STATE, August 9, 2022 /EINPresswire.com/ — A data center is a facility that consists of a network of computers and storage systems. It is used to process, organize, store, and distribute large amounts of data for a business or an organization. Data center automation offers faster and improved productivity, operational reliability, and consistency to its users, resulting in its increasing demand across various industry verticals.
The global data center automation market size was valued at $2,483 million in 2015, and is expected to reach $8,619 million by 2022, growing at a CAGR of 19.6% from 2016 to 2022.
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Manufacturing is expected to grow at the highest CAGR of 22.8% during the forecast period. In the manufacturing industry, large amounts of data are generated in operations and the shop floor, which need to be analyzed to improve quality, accuracy, and delivery time. By automating the data center, data can be continuously accessed for performing predictive analysis to identify relationships and patterns among various processes and related factors in order to identify and improve those factors which has the greatest impact on output.
Based on geography, the data center automation market is segmented into North America, Europe, Asia-Pacific, and LAMEA. North America was the highest revenue contributor in 2015, accounting for nearly ~60% market size share. However, Asia-Pacific is expected to grow at the highest CAGR of 25.3%, owing to the adoption of data center automation techniques to achieve effective and efficient control over ongoing processes and operations.
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On the basis of industry vertical, the BFSI segment is the fastest growing segment for the data center automation market, and is expected to remain in the market for years to come. Moreover, the BFSI sector is implementing data center automation as it eliminates errors from manual processes and improves synchronization between IT operations and IT security. Analyzing customer developments, fraud detection, and other similar tasks can be achieved through efficient data management. The intense competition in the financial sector increases the pressure on banks to be more responsive and efficient. Furthermore, banks need to increase their resources and infrastructure and improve their operational efficiency. So, to address the above issues, banks are implementing data center technology to offer services such as mobile banking, ATM services, online banking, and so on.
On the basis of share, the solutions segment dominates the data center automation market, and is expected to maintain its dominance in the coming years. This is attributed to the need for server automation solutions in data centers that enable organizations or users to quickly and securely provision, configure, patch, and maintain physical, virtual, and cloud server. Server automation offers compliance with pre-configured policies as per requirements and also increases IT efficiency up to ~85% with intelligent and closed loop for automatic remediation. These factors help the growth of server automation for data center automation market. However, the services segment is expected to witness the highest growth rate during the forecast period of the data center automation market.
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Key findings of the study
• The consulting services segment accounted for the highest share of the data center automation market in 2015, growing at a CAGR of 20.4% during the forecast period.
• North America was the highest revenue generating segment in 2015, with $1,558 million.
• Asia-Pacific dominated the market in terms of growth in 2015, and is expected to continue its dominance in the future as well.
• The US was the leading country, in terms of spending in the data center automation market, in 2015. In addition, India, China, and other emerging markets are expected to provide significant opportunities for key players.
The report features the competitive scenario of the data center automation industry and provides a comprehensive analysis of key growth strategies adopted by key players. Key players profiled in the study are VMware, Inc., BMC Software, Cisco Systems, Inc., IBM Corp., Hewlett Packard Enterprise, Microsoft Corp., Puppet, Citrix Systems, Inc., ServiceNow, Inc., and Chef Software, Inc.
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