Worldwide Cloud Automation Market is expected to reach $73.36 billion by 2022; Finds New Report

The public cloud holds more than 50% of the market share for the overall cloud automation market in 2016 and hybrid cloud holds 19% of the market share.

Global market research and consulting organization, has published a study titled “Worldwide Cloud Automation Market: Drivers, Opportunities, Trends, and Forecasts, 2016–2022” (September 2016).

According to Publisher, the increasing adoption of cloud computing, demand for hybrid cloud, digital technologies and spending on cloud services from small to larger enterprises are the factors supporting the market growth for the next 6–7 years. At present, almost all kinds of organizations are adopting the cloud technology in their business. In the next few years, more than 60% of the cloud enablers are planning to migrate more workloads to the cloud.

The adoption of cloud automation in business helps to reduce the manual configuration, reduces the deployment, match the demands, improves the production activities, and business agility & performance. The market is expected to grow at a CAGR of 25.9% during the period 2016–2022 to touch an aggregate of $73.36 billion by 2022.

The cloud automation market is analyzed based on the five segments: deployment models, services, solutions, regions and verticals.

“In the current market scenario, cloud automation is an emerging market and many organizations are struggling to adopt the cloud automation in their business. But in the next few years, cloud automation is expected to see a positive growth and public cloud will play a key role in this market. Technically, cloud automation has brought SDDC and zero-touch infrastructure closer to reality.”

On the basis of the vertical analysis, the increasing adoption of advanced technologies, smart technologies, digital technologies are few of the factors going to increase the adoption rate of cloud automation in the vertical sector. The BFSI, telecom and retail industries are contributing more than 60% of the market share of overall cloud automation market in 2016. The energy & utilities and transportation industries are set to be the emerging verticals for various cloud deployment model adoption in the next 6–7 years.

According to the market study, North America is set to be the leading region for cloud automation adoption followed by Western Europe. In North America, the US and Canada are expected to outperform the cloud automation market. Further, Asia Pacific is expected to contribute more than 15% of the market share in 2022. In Asia Pacific, Singapore is predicted to play a major role followed by China and India. Latin America and MEA regions are the emerging regions for cloud automation market.

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:

Covers the industry segments including BFSI, manufacturing, retail, telecom, energy & utilities, transportation and others

• An in-depth analysis of the emerging regions and verticals for cloud automation in the next 6–7 years
• Usage and adoption rate of various cloud deployment types in each industry verticals
• Provides an in-depth analysis of the key business opportunities in regions
• Provides industry outlooks including current and future market trends and drivers, restraints and emerging technologies
• Analyzes the market by six distinct geographical regions – North America, Western Europe, Central Eastern Europe, Asia Pacific, Latin America and the Middle East & Africa. Further, market is analyzed by countries – the US, Canada, Mexico, Brazil, Germany, Turkey, Poland, Russia, the UK, India, China, Singapore, GCC, Africa, and Others

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