Cloud automation is a term that assigns to processes & tools with an association uses to decrease the manual efforts allied with provisioning & managing cloud computing workloads. It is an enormous way to accelerate software expansion & enable DevOps implementation. It exploits cloud-based tools applied to both cloud-native and legacy applications. The cloud automation services often involves repetitive tasks, for instance provisioning, sizing, and configuring resources like virtual machines (VMs). The major implementation in business associated with the cloud automation market helps to reduce the deployment, improves production activities, reduce the manual configuration, match demands and business agility & performance. Some of the other major benefits include time & cost effective, various environments & platform support, easy access to resources, real time collaboration and test environment compatibility.
According to study, “WORLDWIDE CLOUD AUTOMATION MARKET-By Services (Strategic Advisory & Consulting Service, Management & Maintenance Service, and Implementation Service), By Solutions (Automated Cloud Dev/Test, Automated Cloud Migration, and Automated Cloud Recovery), By Verticals (BFSI, Manufacturing, Retail, Telecom, Energy & Utilities, and Transportation), By Regions,Drivers, Opportunities, Trends, and Forecasts, 2016-2022” the major companies currently operating in the worldwide cloud automation market are VMware Inc., Amazon.com, Computer Sciences Corp (CSC), Google Inc, EMC Corp., Microsoft Corporation, Hewlett-Packard (HP) Inc, Oracle Corporation, Flexiant Ltd., Cisco Systems Inc, LogicWorks, Parallels, Skydera Inc., Dell Inc., Citrix Systems Inc, Cloud Velox, Opex Software, Clous Automation Solutions.
Based on deployment model, worldwide cloud automation market is bifurcated into public deployment model, private deployment model and hybrid deployment model. Public cloud persists to witnesses a considerable growth. Based on services, market is segmented into management & maintenance service, advisory & consulting service, and implementation service. Based on the solutions, market is segmented into automated cloud dev/test, automated cloud recovery and automated cloud migration. Based on the tools, market is segmented into cloud formation, Habitat, Docker, Terraform and others. Based on the vertical industry, market is bifurcated into BFSI, energy & utilities, retail, manufacturing, telecom, and transportation.
The worldwide cloud automation market is primarily driven by the rise in adoption of cloud technology followed by rise in adoption of Internet of Things (IoT) technology, growing demand for hybrid cloud, increasing focus on life cycle management and effective load balancing. Apart from the profits the key restraint associated with the market include privacy & security challenges, followed by vendors locking. In addition, the market growth is supported by the new opportunities with the strategic partnerships in the cloud environments and hybrid cloud in demand over the coming years.
North America is set to be the foremost region followed by Asia Pacific and Western Europe. In Asia Pacific, China, Singapore, and India together hold above 60% of the market share. Globally, many of the organizations are moving towards the implementation of several cloud deployment model in their business. Worldwide cloud automation market to develop at a CAGR of 25.9% above the period 2016–2022 to cumulative US $73.36 billion, by 2022. In upcoming years, it is expected that this market will be developed rapid due to growing adoption rate of smart technologies in enterprises.
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Ankur Gupta, Head Marketing & Communications