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Automation Software Market Size is expected to reach at USD 76.4 Billion by 2030, registering a CAGR of 16.5%, Owing to Increasing Adoption of Industry 4.0 and Digital Infrastructure

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BEIJING, Nov. 03, 2022 (GLOBE NEWSWIRE) — The Global Automation Software Market Size accounted for USD 19.9 Billion in 2021 and is estimated to achieve a market size of USD 76.4 Billion by 2030 growing at a CAGR of 16.5% from 2022 to 2030.

Automation Software Market Statistics

  • Global automation software market revenue was worth USD 19.9 billion in 2021, with a 16.5% CAGR from 2022 to 2030
  • North America region was accounted 39% of automation software market share in 2021
  • Asia-Pacific market is expected to grow at a CAGR of 18.1% from 2022 to 2030
  • Based on product, cloud acquired over 58% of the overall market share in 2021
  • Increased demand for quality and reliable manufacturing automation, drives the automation software market value

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Automation Software Market Report Coverage:

Market Automation Software Market
Automation Software Market Size 2021 USD 19.9 Billion
Automation Software Market Forecast 2030 USD 76.4 Billion
Automation Software Market CAGR During 2022 – 2030 16.5%  
Automation Software Market Analysis Period 2018 – 2030
Automation Software Market Base Year 2021  
Automation Software Market Forecast Data 2022 – 2030
Segments Covered By Product, By Application, And By Geography
Automation Software Market Regional Scope North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Key Companies Profiled ClickDimensions, Act-On Software, Oracle, ActiveCampaign, Sendinblue, SAS, Acoustic, Salesforce, GetResponse, and HubSpot.
Report Coverage Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis

Automation Software Market Overview

Automation software is a type of technology that reduces the requirement for human involvement and may be employed in practically any sector. Automation software is intended to convert recurring, routine processes into autonomous operations.

Automation Software Market Growth Factors

  • Increasing mass manufacturing adoption while lowering operating costs
  • Extensive adoption of Industry 4.0 and digital infrastructure
  • Rising adoption of burgeoning digital industrialization, such as the industrial Internet of Things (IIoT)

Automation Software Market Trends

With the emergence of sensing devices and high-bandwidth internet, industries are concentrating on improving plant performance. The existence of a significant number of businesses that operate in automation, as well as the introduction of novel solutions, is likely to boost the particular market’s growth. The participants’ approach to expanding the financial system and enhancing customer experience is predicted to have an influence on the expansion of the automation software market. Temenos AG will deploy its digital financial services technology solutions in the United States in 2020. The technology would allow clients to open digital-only financial transactions for 90 days, allowing banks to satisfy rising consumer demand while remaining competitive in the marketplace. Temenos AG is a Swiss bank-based technology service company. This is key to improving the corporation improve its operations and raise its revenue share.

Besides that, issues such as a shortage of decent infrastructure in emerging nations for the adoption of innovative devices, as well as a shortage of experienced personnel, are likely to impede the growth of the worldwide automation software market. Furthermore, the high cost of integrating innovative solutions into the current structure is projected to limit the target market’s growth. However, rising government expenditure on new additional skills, high investment by major corporations and future product introductions are projected to provide new possibilities for players in the automation software market throughout the forecast period. Furthermore, the growing collaboration between regional and worldwide players is likely to assist the target market’s revenue growth.

Check the detailed table of contents of the report @

https://www.acumenresearchandconsulting.com/table-of-content/automation-software-market

Automation Software Market Segmentation                

The global automation software market has been segmented by Acumen Research and Consulting based on product, and application. By product, the segment is separated into cloud, and on-premises. According to the automation software market forecast, the cloud category is predicted to develop significantly in the next years. In terms of application, the market is categorized into BFSI, retail and consumer goods, healthcare and life sciences, media and entertainment, IT and telecoms, manufacturing, travel and hospitality, education, and others.

Automation Software Market Regional Overview        

The global automation software market is separated into several geographic regions: Asia-Pacific, Europe, North America, Latin America, and the Middle East and Africa. According to an automation software industry analysis, North America is predicted to account for a significant revenue share in the global market. This is owing to the gamers’ preference for automating operations. The government is working to improve infrastructure in order to facilitate the use of modern technology. The US government has stated that it will invest $10.9 billion in intelligent process automation by 2021. While spending on artificial intelligence (AI) and robotic process automation (RPA) solutions is predicted to be lower, at US$ 4 billion and US$ 5.4 billion, respectively. The use of intelligent process automation in each and every industrial vertical approach to improving operational efficiency and cost reduction is growing.

In the coming years, Asia-Pacific is predicted to experience significant market growth. This is owing to the government’s large infrastructure spending. With the development of machine learning, artificial intelligence, and robotic technology, rapid industrialization in developing countries is changing economies with automated systems. Government spending on healthcare development is rising, and the trend toward using advanced robotics to help with service delivery is projected to fuel the expansion of the industrial automation software market.

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https://www.acumenresearchandconsulting.com/buy-now/0/2735

Automation Software Market Players                        

Some of the prominent automation software market companies are Click Dimensions, Oracle, Sendinblue, Acoustic, GetResponse, Act-On Software, ActiveCampaign, Salesforce, SAS, and HubSpot.

Automation Software Market Strategies

Favorable economic schemes and regulations by the regional administration, the creation of SME firms with new solutions, and continued spending for automation in a variety of industries are projected to be important factors driving the worldwide marketing automation software market growth. Moreover, increased acquisitions and mergers, and innovative product introductions to improve business and increase client base are projected to drive industrial automation software market growth.

Some of the key strategies in market:

  • In 2021, UiPath, a prominent corporate automation software provider, founded Ireland’s first automation academy to train the country’s professionals on automation. This rollout is supposed to help the business increase its operations and attract new consumers.
  • In 2021, Sopra Banking Software introduced a software “Marketplace” to speed platformization & modernization of financial institutions. This can assist BSFIs in utilizing digitization for banking, security, customer service, data management, documentary management, and visualization.
  • In 2020, Automation Anywhere, an RPA pioneer, built an AI-powered banking assistant to reduce SBA loan processing time from three days to three weeks. This new launch is intended to assist the company in growing its operations and broadening its product portfolio in the BFSI industry.

Questions Answered By This Report

  • What was the market size of Automation Software Market in 2021?
  • What will be the CAGR of Automation Software Market during the forecast period from 2022 to 2030?
  • Who are the major players in Global Automation Software Market?
  • Which region held the largest share in Automation Software Market in 2021?
  • What are the key market drivers of Automation Software Market?
  • Who is the largest end user Automation Software Market?
  • What will be the Automation Software Market value in 2030?

Browse More Research Topic on Chemical Software Industries Related:

The Global Investor ESG Software Market Size Accounted for USD 558 Million in 2021 and is predicted to be worth USD 2,011 Million by 2030, with a CAGR of 15.7% during the forthcoming period from 2022 to 2030.

The Global Data Privacy Software Market Size accounted for USD 1,692 Million in 2021 and is estimated to achieve a market size of USD 35,088 Million by 2030; growing at a CAGR of 40.2%.

The Global Application Development Software Market Size accounted for USD 187 Billion in 2021 and is estimated to achieve a market size of USD 1,628 Billion by 2030; growing at a CAGR of 27.4%.

About Acumen Research and Consulting:

Acumen Research and Consulting is a global provider of market intelligence and consulting services to information technology, investment, telecommunication, manufacturing, and consumer technology markets. ARC helps investment communities, IT professionals, and business executives to make fact-based decisions on technology purchases and develop firm growth strategies to sustain market competition. With the team size of 100+ Analysts and collective industry experience of more than 200 years, Acumen Research and Consulting assures to deliver a combination of industry knowledge along with global and country level expertise.

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Mr. Richard Johnson

Acumen Research and Consulting

USA: +13474743864

India: +918983225533

E-mail: [email protected]

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Artificial Intelligence

Group-IB takes part in a global operation to cripple Canadian Phishing-as-a-Service provider LabHost

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SINGAPORE, April 18, 2024 /PRNewswire/ — Group-IB, a leading cybersecurity company aimed at investigating, preventing, and fight digital crime announced today that it participated in a coordinated global takedown operation against prominent Canadian Phishing-as-a-Service (PhaaS) provider LabHost, which has led to the arrest of 37 suspects across the United Kingdom and around the world by law enforcement agencies. As part of the operation, Group-IB also conducted an extensive analysis of LabHost’s criminal history and infrastructure, including insights into LabHost’s administrative platform and the services it provides to its purported user base which exceeds 2,000 subscribers worldwide, who illegally obtained around 480,000 card numbers, 64,000 pin numbers, and over 1 million passwords from victims used for websites and other online services, according to law enforcement agencies.

“By leveraging our Threat Intelligence and Digital Risk Protection, we are able to identify and monitor phishing attacks and websites like those deployed by LabHost and its subscribers around the world, enabling us to actively alert and protect our customers, and in turn, their customers as well,” said Dmitry Volkov, Chief Executive Officer of Group-IB. “Today’s takedown operation demonstrates the agility and responsiveness of our decentralized Digital Crime Resistance Centers, and how quickly we can provide immediate and local assistance wherever our customers may be.”
First uncovered in late 2021, LabHost emerged as a fully automated Phishing-as-a-Service (PhaaS) platform, streamlining the creation of phishing websites meticulously mirroring the interface and functionality of prominent banking, postal, and financial entities, aimed at intercepting, seizing, and profiting from users’ personal, credit card, and online banking credentials. Users are prompted to select from various “membership plans,” tailored to target businesses and individuals in either the United States and Canada, or globally, akin to mobile subscription models. These plans encompass “standard,” “premium,” and “world membership” tiers, priced between US$179 and US$300 monthly, with options for monthly, quarterly, or annual billing cycles.
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Artificial Intelligence

Malaysia Data Center Market to Witness $3.97 Billion Investment Opportunities by 2029, Get Insights on 34 Existing Data Centers and 33 Upcoming Facilities across Malaysia – Arizton

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malaysia-data-center-market-to-witness-$3.97-billion-investment-opportunities-by-2029,-get-insights-on-34-existing-data-centers-and-33-upcoming-facilities-across-malaysia-–-arizton

CHICAGO, April 18, 2024 /PRNewswire/ — According to Arizton’s latest research report, the Malaysia data center market is growing at a CAGR of 13.92% during the forecast period.

To Know More, Download the Free Sample Report: https://www.arizton.com/market-reports/malaysia-data-center-market-size-analysis
Malaysia Data Center Market Report Scope
Report Attributes
Details
Market Size (Investment)
USD 3.97 Billion (2029)
Market Size (Area)
883 Thousand Sq. Feet (2029)
Market Size (Power Capacity)
163 MW (2029)
CAGR Investment (2023-2029)
13.92 %
Colocation Market Size (Revenue)
USD 1.23 Billion (2029)
Historic Year
2020-2022
Base Year
2023
Forecast Year
2024-2029
Over the next few years, Malaysia is poised to witness significant growth in data center investments, driven by the influx of operators like AirTrunk, Equinix, Princeton Digital Group, and other leading companies. Key hubs like Cyberjaya, Kuala Lumpur, and Johor Bahru are expected to see heightened activity, hosting most of the country’s data centers.
The wholesale colocation sector is projected to experience a revenue surge fueled by major cloud players like Microsoft, Google, and AWS. These companies have unveiled plans to establish dedicated cloud regions within Malaysia, with expected timelines for deployment within the next one to two years. This trend underscores Malaysia’s growing importance as a regional hub for data infrastructure and cloud services.
Malaysia is among the top expensive markets globally for developing data centers. Malaysia’s data center construction cost in 2023 stood at about $8.5-$10 million per MW, making it the costliest market in the APAC region after Singapore and Jakarta.
Investment Opportunities in the Malaysia Data Center Market
In November 2023, ST Telemedia Global Data Centres announced its plans to develop a new data center campus in Johor. The construction of the first building is likely to begin soon and become operational by 2025. The company formed a joint venture with Basis Bay to develop a new data center campus with two buildings, Cyberjaya DC.2 and STT Kuala Lumpur 1 in Cyberjaya, Selangor.In October 2023, EDGNEX Data Centres by DAMAC announced its plans to enter the APAC market for the first time; the company is considering a facility in Cyberjaya, Selangor. The expected investment can cross the $52 million mark.In October 2023, Infinaxis Data Centre Holdings, the joint venture between Gaw Capital Partners and A3 Capital, announced the construction of its first data center facility in Cyberjaya. The facility will have 10 data halls and will likely be operational by Q2 2025.In September 2023, EdgeConneX announced its plans to expand its footprint in Malaysia with the development of three data centers sites across Bukit Jalil, Kuala Lumpur, and Cyberjaya. The company plans to develop data centers in partnership with Cyberview.To Know More, Download the Free Sample Report: https://www.arizton.com/market-reports/malaysia-data-center-market-size-analysis
Market Trends
According to IRENA, in 2022, hydroenergy accounted for around 69% of the renewable energy capacity in Malaysia, followed by solar energy, which contributed about 21%, along with a 10% contribution by bioenergy.Malaysia aims to achieve the target of net-zero carbon emissions by 2050. To make this goal a reality, WWF-Malaysia is partnering with Boston Consulting Group to develop an independent joint study on the country’s optimal net zero pathway.The government of Malaysia has established a green tariff scheme to support its carbon-neutrality target. Under the scheme, subscribers can get electricity from solar or hydro sources instead of fossil fuel sources.Mergers, acquisitions, joint ventures, and partnerships are key strategies employed by operators to expand their portfolios and global footprint. For example:
In December 2023, Chindata Group merged with BCPE Chivalry Merger Sub, a wholly owned subsidiary of BCPE Chivalry Bidco, completing its transition to a private company from a public one.November 2023 saw ST Telemedia Global Data Centres, in a joint venture with Basis Bay, announcing plans to develop a new data center campus with two buildings in Cyberjaya, Selangor.A3 Capital and Gaw Capital Partners formed a joint venture in February 2023 to establish Infinaxis Data Centre Holdings to develop and operate data centers across Malaysia and Southeast Asia.MN Holdings, an engineering services and solutions company, signed a Memorandum of Understanding (MoU) in April 2023 with Shanghai DC-Science, outlining an investment of approximately $600 million to develop a data center site at the Sedenak Tech Park, Johor.Why Should You Buy This Research?
Market size is available regarding investment, area, power capacity, and Malaysia colocation market revenue.An assessment of the data center investment in Malaysia by colocation, hyperscale, and enterprise operators.Investments in the area (square feet) and power capacity (MW) across cities in the country.A detailed study of the existing Malaysia data center market landscape, an in-depth market analysis, and insightful predictions about market size during the forecast period.Snapshot of existing and upcoming third-party data center facilities in MalaysiaFacilities Covered (Existing): 34Facilities Identified (Upcoming): 33Coverage: 9 LocationsExisting vs. Upcoming (Area)Existing vs. Upcoming (IT Load Capacity)Data Center Colocation Market in MalaysiaColocation Market Revenue & Forecast (2023-2029)Wholesale vs. Retail Colocation Revenue (2023-2029)Retail Colocation PricingWholesale Colocation PricingThe Malaysia data center market investments are classified into IT, power, cooling, and general construction services with sizing and forecast.A comprehensive analysis of the latest trends, growth rate, potential opportunities, growth restraints, and prospects for the industry.Business overview and product offerings of prominent IT infrastructure providers, construction contractors, support infrastructure providers, and investors operating in the industry.A transparent research methodology and the analysis of the demand and supply aspects of the industry.Buy this Research @ https://www.arizton.com/market-reports/malaysia-data-center-market-size-analysis
Post-Purchase Benefit                             
1hr of free analyst discussion10% off on customizationThe Report Includes the Investment in the Following Areas:
IT InfrastructureServersStorage SystemsNetwork InfrastructureElectrical InfrastructureUPS SystemsGeneratorsSwitches & SwitchgearsPDUsOther Electrical InfrastructureMechanical InfrastructureCooling SystemsRack CabinetsOther Mechanical InfrastructureCooling SystemsCRAC and CRAHChillersCooling Tower and Dry CoolersOther Cooling UnitsGeneral ConstructionCore & Shell DevelopmentInstallation & Commissioning ServicesBuilding & Engineering DesignFire Detection & Suppression SystemsPhysical SecurityData Center Infrastructure Management (DCIM)Tier StandardTier I & Tier IITier IIITier IV GeographySelangorJohorOther StatesVendor Landscape
IT Infrastructure Providers
Cisco SystemsDell TechnologiesFujitsuHewlett Packard EnterpriseHuawei TechnologiesIBMInspurLenovoNetAppData Center Construction Contractors & Sub-Contractors
Advance Power EngineeringAsima ArchitectsAVO TechnologyB-Global TechCTC-GlobalCSF GroupCyclect GroupDSCO GroupGamudaGCM TechnologiesHSS EngineersISGKienta Engineering ConstructionLSK EngineeringMES GroupM+W Group (Exyte)MN HoldingsNakanoNTT FACILITIESPowerware SystemsS5 EngineeringShaw ArchitectSunway Construction GroupUnique CentralSupport Infrastructure Providers
ABBCaterpillarCumminsEatonFuji ElectricHITEC Power ProtectionKOHLER PowerLegrandMitsubishi ElectricNarada Power SourcePiller Power SystemsRittalRolls-RoyceSchneider ElectricSiemensSocomecSTULZTraneVertivData Center Investors
Bridge Data CentresEdge CentresGDS ServicesIRIX (PP TELECOMMUNICATION)Keppel Data CentresNTT DATAOpen DCTM OneVantage Data CentersYTL Data Center HoldingsNew Entrants
AirTrunkAmazon Web Services (AWS)EdgeConneXEquinixFutureData (Cyclect Group + TSG Group)Googlei-BerhadInfinaxis Data Centre HoldingsMN Holdings + Shanghai DC-ScienceMicrosoftNEXTDCPrinceton Digital GroupRegal OrionSingtelST Telemedia Global Data CentresYondrTo Know More, Download the Free Sample Report: https://www.arizton.com/market-reports/malaysia-data-center-market-size-analysis
Key Questions Answered in the Report:   
What factors are driving the Malaysian data center industry?
How big is the Malaysia data center market?
How many MW of power capacity will be added across Malaysia during 2024 to 2029?
What is the growth rate of the Malaysia data center market?
Which states are included in the Malaysia data center market report?
Get the Detailed TOC @ https://www.arizton.com/market-reports/malaysia-data-center-market-size-analysis
Check Out Some of the Top-Selling Research Reports:
Indonesia Data Center Market – Investment Analysis & Growth Opportunities 2024-2029
Thailand Data Center Colocation Market – Supply and Demand Analysis 2024-2029
Singapore Data Center Market – Investment Analysis & Growth Opportunities 2023-2028
Australia Data Center Market – Investment Analysis & Growth Opportunities 2023–2028 
Why Arizton? 
100% Customer Satisfaction                      
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About Us:                                                           
Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services.                                                         
We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.                                                          
Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.                                                                
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Artificial Intelligence

VIVOTEK Launches Successful Make Tomorrow Easier, Today! Vision During ISC West 2024

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TAIPEI, April 18, 2024 /PRNewswire/ — VIVOTEK (3454-TW), the global leading IP security solution provider, announces that last week’s 2024 ISC West trade show in Las Vegas was a tremendous success as it unveiled the 2024 theme Make Tomorrow Easier, Today! to partners, attendees, and the media. Make Analytics Easier, Make Cloud Easier, Make Search Easier, and Make Integration Easier were the core essential components of the 2024 theme, and both the booth staff and visitors were very busy discussing its vision throughout the show. This also demonstrates that VIVOTEK’s AI security solutions and cloud-based service VORTEX attracted interests by many customers for their rich versatility in applications.

From the outset, it was clear that this year’s ISC West was going to surpass previous editions. There were more engagements, and these engagements lasted longer than the past as attendees and the media were hyper-focused on VORTEX, its new camera solutions, AI integration, re-launch of VIVOTEK Premium Partner Program, additional technology solutions, and the roll-out of the 2024 theme.
AI has quickly become a priority in the security industry, and it was a focal point of VIVOTEK’s strategy during the show as well. During its many sales and marketing meetings at ISC West, discussions primarily revolved around how to integrate AI into the product lines and software platforms, much to the gratification of its partners who are seeing a quickly growing need for this technology to satisfy their customers’ needs.
As many of its customers may know by now, VIVOTEK recently entered into an integration partnership with Kisi, a modern cloud-based access control solution based in Brooklyn, New York. This partnership aims to secure physical spaces dedicated to providing a seamless and efficient user experience, making Kisi ideally suited as a VIVOTEK partner. During ISC West, VIVOTEK provided Kisi with a station in the booth to perform demonstrations, which proved to be very popular during the show.
Throughout the event, VORTEX remained a central focal point and rapidly gained popularity among partners since its launch. This was evident throughout the show as the VORTEX station was continuously used for strategic demonstrations. As for the theme, attendees commended on how much they liked this year’s booth layout, how the message of “Making Tomorrow Easier, Today” was delivered in every stations, how accessible the staff was in meeting with them, and how much they enjoyed the partner reception party.
VIVOTEK’s commitment to innovation and customer-centric solutions shone brightly at ISC West, as evident in the overwhelmingly positive feedbacks it received from partners, end users, media, and even other exhibit manufacturers. VIVOTEK extends heartfelt thanks to everyone who contributed to making this year’s ISC West a tremendous success. We look forward to making next year’s ISC West even better!
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