LOS ANGELES, Jan. 09, 2019 (GLOBE NEWSWIRE) -- Automated infrastructure management is a system that helps to supervise a data center or another similar service, without any manual interference. Automated infrastructure management solutions help to track conditions within the service in real time, allowing managers and other users to immediately know whenever a potentially harmful situation arises. The global automated infrastructure management (AIM) solutions market is anticipated to expand at a stable CAGR during the forecast period 2018 to 2026. According to the report titled “Automated Infrastructure Management (AIM) Solutions Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2018-2026”. Increasing technological advancements, growing adoption of IoT, cloud, and automation and growing demand for improved connectivity across data centers are some of the fundamental factors that are driving the global automated infrastructure management (AIM) solutions market growth globally. The global automated infrastructure management (AIM) solutions market projected to grow at CAGR around 13.2% over the forecast period and reach around USD 3.8 billion in 2026.
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Augmenting Demand for Incident Management Solutions to Impel the Market Growth
On the basis of application, the global automated infrastructure management (AIM) solutions market can be segmented into device discovery, incident management and asset management. Among these applications, the incident management is anticipated to grow at highest growth rate throughout the forecast period owing to the rising demand for incident management solutions for identifying the errors and faults in the cabling system and for managing the cabling connections in the infrastructure. They offer automated monitoring and recording features for distinguishing breakdowns in the system connections. The automated infrastructure management solutions market is witnessing an ascent in the demand for smart scanners and hardware components, giving supervisor control of the hardware and cabling connections. The adoption of these solutions in data center facilities is developing at a fast pace due to the rising worries for data loss and recuperation of the lost data, consequently giving a spur to the market. On the other hand, device discovery segment is also projected to witness huge demand from BFSI and IT & telecom sectors due to the growing need for improving overall productivity.
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BFSI and IT & Telecom Industry to Dominate the Overall Market Growth
BFSI and IT & Telecom segment is anticipated to dominate the market throughout the forecast period owing to the growing demand for automated infrastructure management solutions. With the rise in demand for data centers due to the growing adoption of advanced technologies such as cloud computing and big data analytics for operational necessities, the BFSI and IT & Telecom segment is witnessing the rise in overall growth. Moreover, the deployment of automated infrastructure management solutions simplifies the operator’s tasks of servers and equipment status monitoring. The BFSI part has seen a progress with associations changing to digitalizing a few procedures. Banks and Financial institutions are confronting some difficulties emerging from large volumes of data storage, giving a rise to the demand for storage facilities. Automated infrastructure management solutions also help in reducing the time taken to deploy new assets, thereby saving overall operational costs.
North America to Occupy Significant Share in Automated Infrastructure Management (AIM) Solutions Market
Geographically, the global automated infrastructure management (AIM) solutions market has been divided into North America, Europe, Asia Pacific, Latin America and Middle East and Africa. North America is anticipated to dominate the global automated infrastructure management (AIM) solutions market over the forecast period owing to the rapid growth in digitalization and adoption of advanced technologies in order to improve productivity. North America is anticipated to grow at significant CAGR and contribute significant market share in 2026. Countries such as the U.S. and Canada are rapidly adopting advanced technologies for improving the effectiveness and productivity in multiple industrial sectors. Furthermore, the presence of large number of players in the region and rapid growth of their customer base are boosting the demand for advanced and effective data management solutions, resulting in the growth of overall market. Asia Pacific is also anticipated to show significant growth during the forecast period owing to the growth in BFSI and IT & telecom industries and ongoing technological advancements.
Market Players
The automated infrastructure management (AIM) solutions market is consolidated with limited number of manufacturers. The company profiling of key players in the market includes company overview, major business strategies and revenues. The key players of the market Cisco Systems, Inc., IBM Corporation, CA Technologies, Fujitsu Ltd., Nexans, Anixter International, Hewlett-Packard Enterprise, CommScope, Inc., Fiber Mountain, Inc., Furukawa Electric Co., Ltd., Ivanti, Microsoft Corporation, METZ Connect, Reichle & De-Massari, PagerDuty, Panduit Corporation and TE Connectivity.
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