Automated Infrastructure Management (AIM) Solutions Market Future Growth Study, Industry Key Growth Factor Analysis and Competitive Landscape
Market Scope:
The Automated
Infrastructure Management (AIM) Solutions market size
is predicted to register a significant CAGR of 13.9% during the forecast period
and was valued at USD 1.4 Billion in 2020.
The
growing need for incident management solutions to identify the faults and
errors in the cabling system and to manage the cabling connection will offer
robust opportunities for the market over the forecast period.
The
automated infrastructure management solutions market is both competitive along
with being fragmented on account of the presence of several international and
also domestic industry players. Such industry players have utilized an assorted
innovative strategies for being at the top along with sufficing to the
burgeoning requirement of the esteemed clients including geographic expansions,
collaborations, joint ventures, new product launches, partnerships, contracts,
and much more. Besides, the players are also investing in different research
& development activities.
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Segmentation of Market Covered in the Research:
The automated infrastructure management solutions market is bifurcated based on
end user and application.
By
application, the automated infrastructure management solutions market is
segmented into asset management, device discovery, and incident management.
By
end user, the automated infrastructure management solutions market is segmented
into colocation data center, manufacturing, government, energy and utilities,
BFSI, IT and telecom, and others.
Regional Analysis
North America to Steer
Automated Infrastructure Management Solutions Market
North America will steer the automated infrastructure management solutions
market over the forecast period. Rising adoption and penetration of automated
infrastructure management systems in Mexico, Canada, and the US, increasing use
of this solution to manage assets, incidents, and devices, the expanding data
center sector, rising use of cloud computing technology, and the increased need
for hyperscale data centers in the region are adding to the global automated
infrastructure management solutions market growth in the region. Besides, the
need for additional data center infrastructures, expansion of mobile broadband,
increase in cloud computing and IoT, increasing adoption in the US for the
significant number of data centers and most companies shifting to software-based
services from hardware, the increasing penetration of automated connected
devices, and the growing use of IoT are adding to the global automated
infrastructure management solutions market growth in the region.
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COVID-19 Impact on the Global Automated Infrastructure Management
Solutions Market
The COVID-19 outbreak possessed a negative effect on the worldwide economy as
this has impacted different sectors like IT and telecom, BFSI, and others
significantly. The outbreak has led to travel limitations and lockdown
restrictions in different countries across the world leading to supply chain
disruption of materials and goods and also the market need. Besides, the
limitations on trades, decline in the production rate, the cash flow
constraints, the unavailability of workers, and shutting down manufacturing
sites have resulted in the fall in the cash flow margins of the stakeholders in
the worldwide market. This deadly virus impacted the SMEs yet large
organizations have also fallen prey. The automated infrastructure management
solutions market too has been affected by the COVID-19 pandemic. This outbreak
has caused issues over the data center industry. The concerns related to
transporting and travelling to and from China as well as other parts of the
region have mostly affected the process, because China is the core country that
supplies electronics and also other hardware components. The market however is
likely to witness rapid growth for the increasing use of cloud-based and
internet solutions by the end users till the end of the forecast period. In fact
there has been a growth for such solutions across Europe and North America for
the growing data centers and increasing development of colocation.
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