Overview and Scope
An automated infrastructure management system refers to a comprehensive software and hardware solution that provides real-time monitoring, tracking, and management of physical IT infrastructure components, such as servers and cables, within a network environment. This system is used to improve troubleshooting, capacity planning, and overall network reliability.
Sizing and Forecast
The automated infrastructure management system market size has grown rapidly in recent years. It will grow from $2.40 billion in 2023 to $2.78 billion in 2024 at a compound annual growth rate (CAGR) of 15.4%. The growth in the historic period can be attributed to increased complexity of IT environments, data center consolidation initiatives, demand for real-time monitoring and control, increasing threat landscape, and widespread adoption of virtualization technologies.
The automated infrastructure management system market size is expected to see rapid growth in the next few years. It will grow to $4.96 billion in 2028 at a compound annual growth rate (CAGR) of 15.6%. The growth in the forecast period can be attributed to the proliferation of Internet of Things (IoT) devices, the growing volume of data generated, the rising demand for data center optimization, the rise of remote work arrangements, and stringent regulatory requirements and data privacy regulations. Major trends in the forecast period include shift towards edge computing management, AI and machine learning technologies, focus on cybersecurity, emergence of SaaS-based solutions, and hybrid and multi-cloud management.
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Segmentation & Regional Insights
The automated infrastructure management system market covered in this report is segmented –
1) By Component: Hardware, Software, Services, Other Components
2) By Deployment: Cloud-Based, On-Premise Software
3) By Enterprise Size: Large, Small And Medium Size
4) By Application: Fault Identification, Process Control, Traceability, Energy Management, Asset Management, Monitoring And Incident Management, Automated Remediation, Real-Time Analytics
5) By Industry Vertical: Information Technology (IT) And Telecommunications, Banking, Financial Services And Insurance (BFSI), Healthcare, Manufacturing, Retail, Other Industrial Verticals
North America was the largest region in the automated infrastructure management system market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automated infrastructure management system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The increasing adoption of cloud computing is expected to propel the growth of the automated infrastructure management system market going forward. Cloud computing refers to the provision of computing services, including servers, storage, databases, networking, software, and analytics, on an as-needed basis. The adoption of cloud computing is on the rise due to increasing demand for data analytics, growing emphasis on digital transformation, and increased adoption of digital transformation initiatives. Cloud computing facilitates scalability and accessibility in automated infrastructure management systems by providing centralized data storage, processing power, and remote access to monitoring and management tools. For instance, in December 2023, according to Eurostat, a Luxembourg-based intergovernmental organization, 45.2% of enterprises within the European Union procured cloud computing services, primarily for hosting email systems, storing electronic files, and performing various tasks. Purchases of cloud computing services among EU enterprises rose by 4% in 2023, compared to 2021. Notably, large enterprises exhibited a significant adoption rate, with 77.6% reporting the purchase of such services in 2023, marking a 6% increase from 2021. Therefore, the increasing adoption of cloud computing is driving the growth of the automated infrastructure management system market.
Key Industry Players
Major companies operating in the automated infrastructure management system market are Microsoft Corporation, International Business Machines Corporation, Cisco Systems Inc. , Broadcom Inc., Hewlett Packard Enterprise Co., Fujitsu Ltd., TE Connectivity Ltd , Corning Incorporated, CommScope Inc., Nexans Network Solutions NV, Anixter Inc., Virtusa Corporatio, CA Technologies Inc., Belden Inc., CSS Corp., The Siemon Company, PagerDuty Inc., Reichle & De-Massari AG, Chatsworth Products Inc., Daffodil Software Ltd., FNT GmbH, ZPE Systems Inc. , RiT Tech (Intelligence Solutions) Ltd., METZ CONNECT GmbH
The automated infrastructure management system market report table of contents includes:
1. Executive Summary
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