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Wednesday, July 31, 2024

Lucintel Forecasts the Global Cloud Automation Market to Reach $273 Billion by 2030

According to a market report by Lucintel, the future of the global cloud automation market looks promising with opportunities in the IT & telecom, BFSI, retail, energy & utility, and transportation markets. The global cloud automation market is expected to reach an estimated $273 billion by 2030 with a CAGR of 25.7% from 2024 to 2030. The major drivers for this market are growing consumer demand for more affordable storage & quicker access to data and rising research expenditures in new automation technologies.

A more than 150–page report is developed to understand Trends, opportunity and forecast in cloud automation market to 2030 by deployment type (private, public, and hybrid), component (software and services), service type (multi-cloud scaling and hybrid-cloud integration), end use (IT & telecom, BFSI, retail, energy & utilities, transportation, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

In this market, private, public, and hybrid are the major segments of cloud automation market by deployment type. Lucintel forecasts that hybrid will remain the largest segment over the forecast period due to increasing inclination towards implementing hyperscale cloud.

Within this market, IT & telecom is expected to witness the highest growth.

Download sample by clicking on cloud automation market

North America will remain the largest region over the forecast period due to growing trends in cyber security and digital transformation.

Amazon Web Services, Microsoft Corporation, Oracle Corporation, Citrix Systems, Cisco Systems, EMC Corporation, Hewlett- Packard Development Company, Dell, Google, and Vmware are the major suppliers in the cloud automation market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. +1 972.636.5056

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