Data Center Automation Market Size, Share & Trends Analysis

New York, Dec. 14, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Data Center Automation Market Size, Share and Trends Analysis Report by Component, by Solution, by Deployment, by Enterprise, by End-Use, by Region and Segment Forecasts, 2022 – 2030” – https://www.reportlinker.com/p06373224/?utm_source=GNW

Data Center Automation Market Growth and Trends

The global data center automation market is expected to reach $20.9 billion by 2030. The market is expected to grow at a CAGR of 13.5% from 2022 to 2030. The expansion of social networking, cloud computing, mobile computing and analytics is expected to have a positive effect on the need for data center automation. In addition, the rapid adoption of cloud computing big data, games and other social networks generates a massive amount of data that necessitates the automation of business processes. Therefore, the growing use of Internet-based applications is expected to provide ample prospects for market participants.

An increase in cloud-native server users and enterprise spending on cloud services are some of the key drivers expected to propel the industry forward in the coming years. The culture of manufacturing data centers, along with the innovation has promoted and spurred a number. of companies to try out new approaches to business that include expansion, diversification and introduction of new products and services.

In January 2021, Cisco and Arcadia Communications announced an amended merger agreement. Cisco is committed to supporting Acacia’s existing customers as well as future customers who demand industry-leading coherent optics, optical integrated circuit modules/ digital signal processing for use in data centers.

Data Center Automation Market Report Highlights
• By component, the solutions segment accounted for the major revenue share of 58.7% in 2021. Due to the demand for server automation systems in data centers, which enable businesses and individuals to quickly and securely manage physical, virtual and cloud servers
• By solution, the server segment accounted for the largest revenue share of 51.6% in 2021, due to the increase in demand for efficient servers leading to adequate networking and storage facilities. The networking segment is expected to grow at a CAGR of 12.7% due to the rapid provisioning of new resources, scalability, improved security and traffic and monitoring analytics of data center networks
• In terms of deployment, the cloud segment accounted for the largest revenue share of 51.2% in 2021 due to the growth in enterprise adoption of high-end cloud computing in developing economies
• In terms of enterprise, the large enterprise segment accounted for the largest revenue share of 69.5% in 2021, due to the increasing integration of complex business technologies such as data analytics and big data, their requirement for storing massive volumes of daily data is also increasing
• By end use, the IT and telecommunications segment accounted for a significant revenue share of 23.6% in 2021. As IT becomes a more basic component of the telecommunications business, it has become a significant resource for managing the still increasing demand for advanced IT with the need to maintain adequate IT expenditure.
• North America had the highest market share of 47.8% in 2021. The presence of various leading market players in the region as well as the demand for Big Data analytics and cloud computing are contributing to the market growth
Read the full report: https://www.reportlinker.com/p06373224/?utm_source=GNW

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