Market Size of Data Center Automation Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 17.83 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Data Center Automation Market Analysis
The data center automation market is expected to grow at a CAGR of 17.83% during the forecast period. The data center team receives extra support from the opportunities generated by the data center automation, which is the current stage of a deployment strategy for the data center automation in the market.
- The boom in social networking, analytics, cloud computing, and mobile computing is projected to positively impact the need for data center automation. Approximately 80% of the data generated is unstructured, containing raw audio, file, or text from various sources, such as blogs and social media platforms.
- Big Data needs to be concise to be analyzed. However, manually handling an enormous amount of data would lead to a high probability of error. Thus, automation plays a vital role in data centers by performing looked-for tasks, which is expected to drive market growth during the forecast period.
- The market includes several opportunities as the company that owns and operates a data center hires third parties to take over data center management. At the same time, they keep as many processes in-house as possible. As an alternative to managed services, automation can eliminate errors, save time, and optimize the processes for better cost-savings
- The Organisation for Economic Co-operation and Deployment (OECD) and various sources claim that during the COVID-19 pandemic, internet usage increased by as much as 60% and that demand for data centers increased as a result of the internet of things (IoT) and video streaming services.