Automated Infrastructure Management Solutions Market worth over $4bn by 2027
Published Date: October 4, 2021 Authors: Preeti Wadhwani, Saloni Gankar
Automated Infrastructure Management (AIM) Solutions Market size is set to surpass USD 4 billion by 2027, according to a new research report by Global Market Insights Inc.
Several customers in the market are emphasizing on the implementation of automated infrastructure management solutions as they provide cost-effective and reliable platforms for monitoring and maintaining IT infrastructure. To achieve real-time infrastructure surveillance and operation management, market end-users are deploying AIM solutions. An automated approach minimizes time-consuming manual operations, supporting the automated infrastructure management solutions market growth.
Several organizations adopted cloud-based solutions to manage operations during COVID-19 in 2020 as they enable remote execution of day-to-day activities. Businesses in various industry verticals have implemented the work-from-home model to ensure social distancing, protect employee well-being, and sustain business performance. These factors have stressed IT & telecom providers to upgrade their services to cater to the increased data traffic demands, fueling the market expansion. The need for AIM solutions is projected to grow in the future as they offer better administration of data center operations and IT network. The demand for automated infrastructure management solutions is expected to grow with the enterprises planning on advancing their infrastructures at minimal costs.
Increasing demand for a systemic response to a security breach will propel the automated infrastructure management solutions market progression
Get more details on this report - Request Free Sample PDF
The volume and complexity of cybersecurity threats are rising in the IT infrastructure market. Facility owners are implementing strategies that enable them to swiftly detect, respond, and neutralize security breach incidents, while strengthening the IT infrastructure security to prevent further security threats. Several corporations in the market are subjected to cyber-attacks due to the increasing internet penetration, fostering the demand for AIM solutions.
A prompt and comprehensive incident response is crucial to the market end-users for reducing threats and preserving key systems & data. Automated infrastructure management solutions provide incident response with a combination of devices, software tools, and human-driven research & assessment. Several businesses are forming strategic alliances in the market to deliver crisis response solutions.
Browse key industry insights spread across 280 pages with 123 market data tables and 29 figures & charts from the report, “Automated Infrastructure Management (AIM) Solutions Market Size By Application (Incident Management, Device Discovery, Asset Management), By End Use (IT &Telecom, BFSI, Energy & Utilities, Government, Manufacturing, Colocation Data Center), COVID-19 Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2021 – 2027” in detail along with the table of contents:
Rising usage of AIM solutions for BFSI will spur the market revenue
The automated infrastructure management solutions market will witness robust growth led by the increasing demand from the BFSI sector. Datacenters are the most essential components of a bank's or financial institution's IT infrastructure, with the growing penetration of digital technologies such as online banking and smart card-based payments. Real-time data processing and advanced security infrastructure are vital for the BFSI sector to ensure fast data transfer and customer information confidentiality.
Automated infrastructure management solutions assist banks in optimizing operations, modernizing datacenters, and providing managed services. Services, such as surveillance, administration & management of numerous servers, databases, and network equipment, are provided for the BFSI sector. Furthermore, the solutions provide banks with a multi-level security architecture for their IT infrastructure, ensuring resilience to deliver online banking solutions. Scalable service delivery methods and specialized service centers enable the financial services market to maximize asset usage, improve client data protection, and increase the efficiency.
Growing e-commerce sector in the APAC region will support the market value
Owing to the rising penetration of smartphones and internet, customers are inclining toward e-commerce. This will aid in the expansion of the automated infrastructure management solutions market in the Asia Pacific region. According to India Brand Equity Foundation (IBEF), the Indian e-commerce sector is expected to generate USD 55 billion sales by 2021, with the inclusion of 40 million new online customers. The number of online shoppers is expected to reach 190 million in 2021, up from 150 million in 2020 and will reach 300 million in the next five years. As a result, there will be a rising demand for IT infrastructures that support data storage and management of large amounts of data to ensure operational efficiency. The expansion of the e-commerce sector provides growth opportunities to colocation service providers and increases the need of AIM solutions for data centers.
Market players are focusing on launching innovative solutions
The prominent companies operating in the automated infrastructure management solutions market include Fiber Mountain, Inc., The Siemon Company, Rittal GmbH & Co., KG, RiT Tech (Intelligence Solutions) Ltd., IBM Corporation, TE Connectivity, Cisco Systems, Inc., Fujitsu Ltd., Panduit Corporation, Reichle & De-Massari, PagerDuty, Microsoft Corporation, Nexans, METZ Connect, Ivanti, Hewlett-Packard Enterprise, Furukawa Electric Co., Ltd., CommScope, Inc., Anixter International, and CA Technologies. Market leaders are focusing on launching innovative solutions to sustain the increasing competition.
Explore More on Related Topics: