The network automation market is growing at a rapid pace. Network automation is known as a mission-critical element, especially post-pandemic, empowering networking teams to rapidly design and provision services. These solutions further allow teams to gain visibility into applications & services while ensuring SLA compliance and realize ROI faster.
The proliferation of data and its consumption is making networks grow in scale and complexity, making effective network service provisioning and management & compliance enforcement challenging. Cloud-native automation architectures allow network operators to start the automation journey quickly and scale as needed. Besides, rising advances in cloud networking and automation technologies drive market growth.
These transformations are expected to escalate the market growth, creating tremendous market opportunities. The research report sharing the information by Network Automation Market share, Trends, Segmentation, Production Volume, Sales Volume, Sales, CAGR, Price and Expert Review with Forecast details. According to Market Research Future (MRFR), the global network automation market is estimated to reach a valuation of USD 27 BN by 2023, growing at 49% CAGR through the forecast period (2018 – 2023). Industries are transforming themselves into smart and converged spaces, providing a robust and efficient communication system.
Additionally, the rise in the adoption of virtual and software-defined wide area network infrastructure across enterprises and demand for bandwidth management across SMEs pushes market growth. The demand for advanced networking solutions, alongside substantial R&D investments in network automation solution developments, fuels the market growth.
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Network Automation Market – Segmentation
Network automation market forecast is segmented into component, network infrastructure, deployment, organization size, vertical, and region.
By Component
- Solution
- SD-WAN
- Network automation tools
- Intent-based working
- Services
- Professional
- Managed services
By Network Infrastructure
- Physical network configuration
- Virtual network configuration
- Hybrid network configuration
By Deployment
- On-Cloud
- On-Premise
By organization Size
- Small and Medium Enterprises
- Large Enterprises
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Network Automation Market – Regional Analysis
North America dominates the global network automation market. The largest market share attributes to technical advances and the proliferation of the internet and cloud platforms. Besides, the growing adoption of smart connected devicesand rising numbers of enterprises, alongside the strong presence of major players, substantiates the region’s network automation market share.
Europe stands second in the global network automation market. The market is driven by the demand for network automation across the manufacturing and BFSI sectors. Additionally, the increasing adoption of connected devices and rising industrialization in the region foster network automation market size. Germany, the UK, France, and Italy are major network automation markets in the region, accounting for notable shares.
The network automation market in the Asia Pacific region is emerging as a promising market globally. Factors such as the widening adoption of cloud-based services and automation in SMEs and large organizations in Taiwan, China, and India create substantial market demand. Furthermore, an increase in network and cloud infrastructure increase the growth of the market. The rapid adoption of data center collocation and the internet of things fuels the market growth in this region.
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Network Automation Market – Competitive Analysis
Fiercely competitive, the network automation market appears fragmented, with the presence of many technology providers accounting for substantial market share. They make substantial investments in transforming the future business landscape. Also, they incorporate strategic initiatives such as collaboration, mergers & acquisitions, expansion, and product & technology launch, to gain a larger competitive share.
Network Automation Market Key Players:
Players leading the network automation market include –
- Juniper Networks, Inc. (US)
- Cisco Systems, Inc. (US)
- IBM Corporation (US)
- NetBrain Technologies Inc. (US)
- Micro Focus International plc (UK)
- SolarWinds Inc. (US)
- BMC Software (US)
- Riverbed Technology, Inc. (US)
- Apstra (US)
- Entuity (UK)
- BlueCat (Canada)
- Veriflow Systems (US)
- 6connect, Inc.(US)
- Anuta Networks (US)
- FedTech Services (Canada)
- Network to Code (US)
- HelpSystems, LLC (US)
- puppet (US)
- Efficient IP (US)
- Infoblox (US)
- Triangular Automation (India)
- Accenture PLC (Ireland)
Key Points Covered in the Report
- The Network Automation market conditions include main rivals, costs, and positioning for an all-round plan for insight accumulation operating in the same geography.
- The global market report includes a complete database of upcoming Network Automation market forecasts, based on historical data interpretation.
- It provides customers with quantified views for recent Network Automation market perusal.
- The Network Automation report is helpful in offering answers to different core questions that are essential to market participants, such as manufacturers, and end-users, distributors, in addition to helping them strategize acquisitions and leverage many growth opportunities.
- Import/export consumption, forecasts of supply & demand, cost, price, revenue, and gross margins are also impacted by this analysis.
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