The cloud infrastructure automation software global market report 2024from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Cloud Infrastructure Automation Software Market, 2024report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size – 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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Scope Of Cloud Infrastructure Automation Software Market
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Cloud Infrastructure Automation Software Market Overview
Market Drivers -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.
Market Trends – Major companies operating in the cloud infrastructure automation software market are focusing on developing innovative solutions, such as infrastructure automation suites, to gain a competitive edge in the market. The infrastructure automation suite streamlines server configurations, software deployment, infrastructure discovery, and automation down to the network’s infrastructure layer. It also provides telemetry on equipment performance to enhance AI operations decision-making. For instance, in February 2024, Dell Inc., a US-based technology company, launched a Telco Cloud Automation Suite, which includes new software for cloud infrastructure automation, enhanced capabilities for Telecom Infrastructure Blocks, and new partnerships. This suite is designed to automate multi-vendor network cloud infrastructure orchestration and lifecycle management. Dell has integrated this suite into its Telecom Infrastructure Blocks, providing support for 5G core workloads at the edge and certification for 5G Core, OSS, BSS, and open RAN workloads. The suite aims to address the telecom market’s shift towards codifying networks, distributing networks, exploring edge deployment, and adopting open RAN and cloud (vRAN) technologies.
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
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Regional Insights – 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.
Key Companies – 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.
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