The Need for Productivity Enhancement Will Drive the Infrastructure Automation Market to Reach $65.48 Billion by 2022
Increasing demand for aligning IT with business needs, demand for improved consistency & compliance, technological advancements, and rising labor costs are driving the infrastructure automation market growth. The leading solutions segment - orchestration and integration - is expected to grow at a CAGR of 19.2% during the forecasted period..
Bangalore, India, April 13, 2017 (Newswire.com) - Infoholic Research LLP, a global market research and consulting company, has published a study titled “Worldwide Infrastructure Automation Market – Drivers, Opportunities, Trends, and Forecasts: 2016–2022”.
According to Infoholic Research, BFSI sector will continue to dominate the IT infrastructure automation market. As per the study, the market will experience significant growth during the forecast years due to the increasing demand for productivity & quality enhancement, rising labor costs, and growing demand for IT alignment with business needs. In 2015, every dollar spent on infrastructure returned $1.70 to the economy through the multiplier effect, thus, driving the infrastructure automation market in the US. The market is expected to grow at a CAGR of 19.9% during the forecast period 2016–2022 to touch an aggregate of $65.48 billion by 2022.
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“Currently, infrastructure automation market will enable end-user organizations to adopt the most innovative automation solutions and services into infrastructure for reducing complexity in the network and enhance workflow and productivity in less time. The market is an attractive space for technology providers, device manufacturers, and OEMs to expand their business in various regions. The services segment holds enormous opportunities in the next 3–4 years due to increasing cloud adoption and innovation in big data and IoT technologies.” – Praveen Kumar S, Research Analyst at Infoholic Research
The report is segmented by solutions, services, deployment model, infrastructure, end-users, and regions. The orchestration & integration solution is playing a significant role in offering innovative and high-quality automation solution to major industry verticals such as BFSI, manufacturing, retail, IT & telecom, healthcare, media & entertainment, government, and others. This solution is followed by network management.
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Industrial infrastructure will see a positive growth in the market driven by rapidly changing business demands, changing lifestyle, and need for product and quality enhancements. Residential infrastructure will witness a drastic growth in the infrastructure market driven by increasing working population. On-premise deployment model plays a significant role in market mainly due to the flexibility, reliability, and security offered by the infrastructure. The cloud deployment model is more advantageous and less cost when compared to on-premise deployment model.
There is an increasing dependence on Internet and cloud adoption in BFSI, healthcare, retail, government, and IT & telecom sectors that have scope for infrastructure automation market. The highest growth can be seen in BFSI segment, growing at a CAGR of 19.5% during the forecast period.
Americas is set to be the leading region for infrastructure automation market growth followed by Europe. Asia Pacific is set to be the emerging region for infrastructure automation market growth as there is rising FDI, innovations in IoT, smart city projects, and increasing industrialization. Asia Pacific market is expected to grow at a CAGR of 20.5% during the forecast period.
The report aims to highlight key insights from providers and end-users. The report provides an in-depth analysis and forecast about the industry covering the following key features:
The report not only highlights users’ conundrum (challenges and barriers to adopting infrastructure automation) but also brings in their perspective on the worldwide infrastructure automation market
The market has been analyzed by taking into account the key regions – Americas, Europe, Asia Pacific, and MEA
The market is analyzed based on solutions, services, infrastructure, deployment model, end-users, and regions
The report analyzes the top players in terms of market reach, business strategy, and business focus
Provides an in-depth analysis of the key business opportunities in each technology types
Competitive benchmarking analysis to optimize short term and long term strategy of the organizations
Stakeholders’ insights and key trends (current and future) of the market
Source: Infoholic Research LLP
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