Overview and Scope
Cloud infrastructure automation software refers to tools and platforms designed to streamline resource management, deployment, scaling, and monitoring in cloud environments. This software plays a critical role in enabling organizations to leverage the scalability, flexibility, and cost-efficiency of cloud computing while reducing operational complexity and accelerating time-to-market for applications and services.
Sizing and Forecast
The cloud infrastructure automation software market size has grown rapidly in recent years. It will grow from $1.76 billion in 2023 to $2.01 billion in 2024 at a compound annual growth rate (CAGR) of 14.1%. The growth in the historic period can be attributed to cost efficiency, scalability, agility, complexity reduction, and security and compliance.
The cloud infrastructure automation software market size is expected to see rapid growth in the next few years. It will grow to $3.45 billion in 2028 at a compound annual growth rate (CAGR) of 14.5%. The growth in the forecast period can be attributed to hybrid cloud adoption, edge computing growth, AL and machine learning integration, devops culture expansion, and regulatory changes. Major trends in the forecast period include kubernetes orchestration, infrastructure as code (IaC), serverless computing, zero trust security, and multi-cloud management.
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Segmentation & Regional Insights
The cloud infrastructure automation software market covered in this report is segmented –
1) By Type: Code To Automation, Management And Optimization
2) By Deployment Model: Cloud, On-Premises
3) By Application: Developers, Architects, DevOps Teams
North America was the largest region in the cloud infrastructure automation software market in 2023. The regions covered in the cloud infrastructure automation software 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 rise in robot installations is expected to propel the growth of the cloud infrastructure automation software market going forward. The robot installations represent a significant milestone in adopting robotic technology within organizations, enabling automation, efficiency improvements, and innovation across diverse industries and applications. The rise in robot installations is due to technological advancements, economic factors, and operational benefits. Cloud infrastructure automation software offers a scalable and flexible solution for provisioning, monitoring, and managing robot fleets across geographically dispersed locations with which businesses can achieve greater operational efficiency, agility, and cost savings while ensuring seamless integration and coordination of robotic workflows. For instance, in September 2023, according to a report by the International Federation of Robotics (IFR), a Germany-based non-profit organization, there were 553,052 industrial robot installations in industries worldwide, representing a 5% annual growth rate in 2022. Therefore, the need for automation and optimization in IT infrastructure is driving the growth of the cloud infrastructure automation software market.
Key Industry Players
Major companies operating in the cloud infrastructure automation software market are Amazon.com Inc., Alphabet Inc., Microsoft Corporation, Alibaba Group Holding Limited, International Business Machines Corporation, Cisco Systems Inc., Oracle Corporation, SAP SE, Salesforce Inc., NEC Corporation, Adobe Inc., VMware Inc., ServiceNow Inc., Workday Inc., Red Hat Inc., OpenText Corporation, Citrix Systems Inc., Rackspace Technology Inc., Lumen Technologies Inc., Progress Software Corporation, HashiCorp Inc., Canonical Ltd., Puppet Inc., Qualisystems Ltd., Nerdio, CFEngine AS, SaltStack Inc.
The cloud infrastructure automation software market report table of contents includes:
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