Cloud Automation Market Analysis by Component Type (Software, and Services); by Deployment Type (Private Cloud, Public Cloud, and Hybrid Cloud); by Organization Size (Large Enterprises, and Small & Medium Enterprises); and by Industry Vertical (IT & Telecom, BFSI, Retail, Energy & Utilities, and Transportation)-Global Supply & Demand Analysis & Opportunity Outlook 2023-2033

  • Product Code:
    RP-ID-10085190
  • Published Date:
    29 Nov 2022
  • Region:
    Global
  • Category:
    ICT & Telecom
  • Publisher:
    Pub-ID-54

Impact Analysis on the Growth of Market

Inflation and Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.

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The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.


With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.



Market Overview:

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Definition of Cloud Automation-

Utilizing administration to automatically map and match workloads to cloud computing resources is known as cloud automation. This helps companies to quickly roll out new initiatives while avoiding drawn-out procurement procedures.

Cloud Automation Market Scope Report

 

 Base Year 

2022

Forecast Year

2023-2033

CAGR

~30%

Base Year Market Size (2022)

 ~ USD 55 Billion

Forecast Year Market Size (2033)

~ USD 420 Billion

Regional Scope

  • North America (U.S., and Canada)

  • Latin America (Mexico, Argentina, Rest of Latin America)

  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)

  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)

  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of Middle East and Africa)

Global Cloud Automation Market Size, Forecast, and Trend Highlights Over 2023 - 2033

The global cloud automation market is estimated to garner a revenue of USD 420 Billion by the end of 2033 by growing at a CAGR of ~30% over the forecast period, i.e., 2023 – 2033. Further, the market generated a revenue of USD 55 Billion in the year 2022. The primary growth factor of the cloud automation market is the increasing adoption of integration and orchestration tools by service providers. These tools help automate complex processes across multiple clouds, which in turn increases efficiency and lowers costs for both users and service providers. Additionally, a growing number of enterprises are using big data analytics to manage their cloud resources more effectively. An automated procedure called data orchestration allows customers to develop, schedule, and monitor data pipelines by programmatically combining data from various storage places. As per recent data, a data pipeline that is effective for 10,000 rows won't likely be effective for 50 million rows. The answer is to pipe data transformed along the way as it is streamed from a database into the specific process in the pipeline.

 

Cloud-Automation-Market-Overview

 

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A software development technique called cloud-based test automation utilizes cloud computing for faster software testing and releases. This testing is done by online application providers to guarantee the functionality and performance of cloud-based applications. Usually, this kind of testing is handled by cloud or SaaS suppliers. The main objective is to guarantee the caliber of the service features offered in cloud-based or SaaS software. As per recent statistics, as the younger generation is more likely to utilize mobile devices than computers in the 18–24 years old, mobile-first UX/UI design may be the only viable option: Only 15% of people 75 and older still use mobile devices, down from 79%.

Global Cloud Automation Market: Growth Drivers and Challenges

Growth Drivers

  • Increasing Demand from Large Enterprises – As per recent statistics, the cloud has grown to be a very well-liked and widely-used tool among businesses. The cloud will expand much further as internet usage rises over time and remote work becomes more and more common. Enterprise cloud investment will account for 14% of worldwide IT revenue by 2024.

  • Growing Adoption of DevOps Toolchains – The development and operations teams may work together throughout the software lifecycle due to the methods and tools found in the DevOps toolchain. As per recent data, value stream management will be used by 70% of businesses by 2023 to enhance the DevOps pipeline and speed up the delivery of customer value.

  • Reducing Operational Costs – As per recent statistics, compared to pay-as-you-go charges, spot instances are typically the most affordable computing solution, providing savings of up to 90%. Cloud service providers employ spot instances to sell off extra capacity.

  • Increasing Use of the Internet of Things – With cloud computing, users can execute applications on any device with Internet access at any time without installing them or physically accessing their contents. The Internet of Things (IoT) uses digital technology to build intelligent surroundings that improve life. As per recent statistics, by 2025, it's anticipated that over 41 billion IoT devices will be deployed. Data will increase exponentially as a result, pushing computing processes and data analytics to the limit.

Challenges

  • Lack of a Standardized Platform- Lack of resources and/or experience is one of the issues businesses and organisations are currently having with cloud computing. Organizations are increasingly loading up the system with more workloads as cloud technologies continue to advance quickly. These reasons make it difficult for enterprises to keep up with the technologies. Additionally, the demand for expertise is still rising. By providing IT and development personnel with further training, these difficulties can be reduced. It also helps to have a strong CIO who supports cloud adoption.

  • Cost-Effective Deployment of Cloud-Based Solutions

  • Securing Data within Regulatory Compliance Boundaries

The global cloud automation market is segmented and analysed for demand and supply by component type into software, and services. out of these, the software segment is anticipated to hold the largest share over the forecast period due to the increasing use of artificial intelligence (AI) and machine learning (ML), which are critical components of many cloud-based automation solutions. These technologies allow businesses to automate tasks and processes, making it easier for employees to do their jobs. Improvements in wireless technology are enabling more complex remote operations across networks. As a result, companies can now automate workflows and processes beyond what was possible before using centralized servers or applications. As per recent statistics, advanced robots with AI and machine learning skills will be used in 50% of cloud data centers by 2025, increasing operational efficiency by 30%.

Global Cloud Automation Market Regional Synopsis

Regionally, the global cloud automation market is studied in five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region. Amongst these markets, the market in the Asia Pacific region is projected to hold the largest market share by the end of 2033, owing to its growing economy and high adoption rates of advanced technologies. This rapid expansion of cloud automation solutions will help businesses automate their processes more efficiently and effectively, resulting in reduced costs and increased productivity. According to recent data, China, the largest market in the Asia-Pacific region, spent USD 11.5 billion on cloud infrastructure in 2019 and USD 19 billion in 2020, a 66 percent rise.

Market Segmentation

Our in-depth analysis of the global cloud automation market includes the following segments:

By Component Type

  • Software

  • Services

By Deployment Type

  • Private Cloud

  • Public Cloud

  • Hybrid Cloud

By Organization Size

  • Large Enterprises

  • Small & Medium Enterprises

By Industry Vertical

  • IT & Telecom

  • BFSI

  • Retail

  • Energy & Utilities

  • Transportation

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Key Companies Dominating the Global Cloud Automation Market

Our report has covered detailed company profiling comprising company overview, business strategies, key product offerings, financial performance, key performance indicators, risk analysis, recent developments, regional presence, and SWOT analysis among other notable indicators for competitive positioning. Some of the prominent industry leaders in the global cloud automation market that are included in our report are Cisco Systems, Inc., Dell, IBM, EMC Corporation, HP, CA Technologies Inc., Citrix Systems Inc., Microsoft Corporation, Google Inc., VMware Inc., and others.

Global Cloud Automation Market: Latest Developments

  • 9th November 2021: Cisco Systems, Inc., - Today, Cisco unveiled new technologies that will enable its clients and partners to control the complexity of a hybrid workforce.

  • 1th December 2021: Microsoft Corporation, - Teams Essentials, the first-ever standalone Microsoft Teams product created particularly for small enterprises, has been made generally available by Microsoft Corp. Small businesses can promote collaboration, connection, and productivity in a hybrid work environment with Teams Essentials, a professional and reasonably priced meetings solution..  


Geography Analysis:


The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

  • North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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  1. Cisco Systems Inc. 
  2. Dell 
  3. IBM 
  4. EMC Corporation 
  5. HP 
  6. CA Technologies Inc. 
  7. Citrix Systems Inc. 
  8. Microsoft Corporation 
  9. Google Inc. 
  10. VMware Inc.
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