MarketsandMarkets broadly segments the data center automation market by solution type: network automation, server automation and storage automation; by service: consulting services and installation and support services; by vertical: telecom and Information Technology (IT), Banking, Financial Services, and Insurance (BFSI),public sector, healthcare, media and entertainment, retail, manufacturing and others; by region: North America (NA), Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and Latin America (LA); by end user: cloud service providers, colocation service providers, and enterprises.
The demand for fast data access and data storage is continuously rising, and resulting in increasing number of data centers. To manage this highly growing data storage demand, business organizations are forced to either build new data centers or enhance the capacity of their existing data centers. Due to high demand of data storage, expenses associated with data center infrastructure are continuously increasing. Also, in many business organizations IT budgets are continuously shrinking, due to which data center managers and owners are forced to utilize cost effective automation services and solutions. This is impacting the demand of efficient and cost effective automation services and solutions, presenting significant opportunity to vendors in this market.
MarketsandMarkets forecasts the data center automation market to grow from $3.16 billion in 2014 to $7.53 billion by 2019, at a Compound Annual Growth Rate (CAGR) of 18.9%. North America (NA) is expected to be the highest data center automation market in terms of revenues generated, but Asia-Pacific (APAC) is expected to emerge as a high growth market.
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