Insights Into The Cloud Automation Market’s Growth Potential 2024-2033
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The cloud automation market has rapidly grown from $171.66 billion in 2023 to $200.50 billion in 2024 with a 16.8% CAGR, attributed to cost-effective storage solutions and cloud adoption. Projected growth to $369.42 billion by 2028 is anticipated due to investments in automation solutions and the integration of hybrid cloud infrastructures. Major trends include AI integration and the adoption of DevOps toolchains.
The cloud automation market is poised for growth fueled by the escalating adoption of DevOps toolchains, which streamline software development, testing, deployment, and monitoring processes. DevOps toolchains are increasingly embraced due to the complexities of modern software development and the demand for efficiency and collaboration. Cloud automation complements DevOps practices by automating repetitive tasks, expediting software delivery, and enhancing scalability and reliability. Projections indicate that infrastructure automation tools will be integrated into 60% of firms’ DevOps toolchains by 2023, leading to a 25% increase in application deployment effectiveness, underscoring the shift towards automation and propelling the cloud automation market forward.
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What Are The Key Trends That Influence Cloud Automation Market Share Analysis?
Major companies in the cloud automation market are focusing on introducing innovative solutions such as Automation Cloud Robots to automate cloud computing processes effectively. Launched by UiPath in May 2022, Automation Cloud Robots are serverless solutions capable of running cross-platform APIs and web-based automations without the need for virtual machines (VMs) or complex robot configurations. These robots aim to provide instant automation with limitless SaaS capacity, improving operational efficiency and scalability.
Which Market Players Are Driving Growth In The Cloud Automation Market?
Major companies operating in the market areGoogle LLC, Microsoft Corporation, Dell Technologies Inc., Amazon Web Services Inc., International Business Machines Corporation, Cisco Systems Inc., Oracle Corporation, Broadcom Inc., The Hewlett Packard Enterprise Company, DXC Technology Company, VMware Inc., NetApp Inc., Alibaba Cloud, Citrix Systems Inc., Progress Software Corporation, Terraform by HashiCorp, LogicMonitor Inc., Perforce Software Inc., Skytap Inc., Turbonomic, Morpheus Data LLC, Pulumi Corporation, CloudBolt Software, Opex Software LLP, CloudVelox Inc., Cloudify Platform Ltd., Snow Software, Mirantis Inc., Qualisystems LTD, Red Hat Inc.
How Is The Global Cloud Automation Market Segmented?
The cloud automation market covered in this report is segmented –
1) By Component: Software, Services
2) By Deployment Type: Private, Public, Hybrid
3) By Organizational Size: Small And Medium Enterprise, Large Enterprise
4) By End-User: Banking, Financial Services, And Insurance (BFSI), Healthcare, Information Technology (IT) And Telecommunications (Telecom), Manufacturing, Retail, Other End-Users
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The Cloud Automation Global Market Report 2024 provides an overview of the cloud automationmarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The cloud automation market forecast analyzes cloud automation market size, cloud automation market share, leading competitor and their market positions.
The Table Of Content For The Cloud Automation Market Include
1. Cloud Automation Market Executive Summary
2. Cloud Automation Market Segments
3. Cloud Automation Market Size And Template Market Growth Rate
4. Key Cloud Automation Market Trends
5. Major Cloud Automation Market Drivers
……
25. Key Mergers And Acquisitions In The Cloud Automation Market
26. Top Cloud Automation Companies
27. Cloud Automation Market Opportunities And Strategies
28. Cloud Automation Market, Conclusions And Recommendations
29. Appendix
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