Lewes, DE -- (SBWIRE) -- 02/26/2016 -- Global Cloud Automation market is poised to reach $70.98 billion by 2022 growing at a CAGR of 12.92 % during the forecast period. Some of the key drivers for the market growth include dynamic nature of cloud computing, increasing focus on life cycle management, and growing deployment of hybrid clouds where as security, compliance, interoperability, privacy are hampering the cloud automation market. U.S. is the largest market for cloud automation. Asia Pacific and Europe are expected to grow at a faster pace during the forecast period. Growth in Europe is mainly attributed by the EU government support and initiatives taken by government to enhance digital communications between people and them. Latin America and Canada are anticipated to have prospective growth during the forecast period.
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