Report

Network Automation Market By Component (Solutions, Services); By Network Type (Physical Network, Hybrid Network, Virtual Network); By Deployment Mode (On-Premise, Cloud); By Organization Size (Large Size Organization, Small & Medium Size Organization); By End-User (Enterprise Vertical, Service Providers); By Industry Vertical (Banking, Financial Services, and Insurance (BFSI), Retail & E-commerce, IT & Telecommunication, Manufacturing, Healthcare, Others) Global Opportunity Analysis and Industry Forecast To 2030

  • Publish Date: Jul,2022
  • Report ID: QI038
  • Page : 200
  • Report Type : PDF (Email)
The global network automation market size was US$ 3,957 million in 2021. The global network automation market size is forecast to reach US$ 28,408 million by 2030, growing at a compound annual growth rate (CAGR) of 24.6% during the forecast period from 2022 to 2030.

The process of automating physical and virtual device configuration, management, testing, deployment, and operations within a network is known as network automation. It is a process by which software configures, manages, and tests network devices automatically. Various businesses and service providers utilize it to boost productivity, lower operational costs, and eliminate human error. It is crucial to the software-defined network, network virtualization, and network orchestration processes because it makes it possible to automatically deploy virtual network tenants and features like virtual load balancing. It has numerous key advantages, including increased productivity, a lesser risk of human error, and cheaper operating expenses.

Factors Influencing Market Growth
The increasing use of smart connected devices and automation technologies like artificial intelligence (AI) and machine learning allows businesses to diagnose network problems through real-time data monitoring is forecast to drive the global market.
Network downtime brought on by human mistakes and a surge in start-ups providing solutions for network automation boost the global market growth.
Accessibility of open-source automation tools may slow down the overall market growth.
SMEs adopting advanced networking solutions and increasing their investments in network automation R&D is forecast to offer lucrative opportunities for the global market.

Impact Analysis of COVID-19
The COVID-19 pandemic had a positive impact on the global market. Internet traffic has increased dramatically due to people using work-from-home options more frequently, owing to lockdown policies in various nations. In order to handle the increasing network traffic, there is a growing need for network automation solutions. Thus, managing networks and data traffic has also boosted the demand for network automation solutions. During the COVID-19 pandemic, there was a greater need for high bandwidth networks. As a result, more industries have adopted software-defined and virtual networking. This rising use has immediate effects on network automation in terms of streamlining business continuity by monitoring and controlling network traffic, network setup, policy rollout, and bandwidth.

Regional Analysis
North America accounted for a major market share in 2021 and is forecast to remain dominant during the forecast period. As a result of the across-the-board approval of advanced technologies such as intent-based networking, SD-WAN, and DevOps. In addition, the increasing demand for deep learning algorithms in AI to manage network equipment remotely. Such algorithms allow market players to offer improved automation technologies, such as image processing and voice recognition, to their end-users. Thus, these factors fuel the market growth in the region.

Leading Competitors
The leading prominent companies profiled in the global network automation market are:
IBM Corporation
CISCO System Incorporated
Juniper Network Incorporated
SolarWinds Incorporated
Hewlett Packard Enterprise Development LP
Network Automation Incorporated
BMC Software Incorporated
VMWare Incorporated
Apstra Incorporated
Other Prominent Players

Scope of the Report
The global network automation market segmentation focuses on Component, Network Type, Deployment Mode, Organization Size, End-User, Industry Vertical, and Region.
Segmentation based on Component
Solutions
o Intent-Based Networking
o Network Automation Tools
Services
o Training and Support
o Advisory and Consulting
o Deployment and Integration
Segmentation based on Network Type
Physical Network
Hybrid Network
Virtual Network
Segmentation based on Deployment Mode
On-Premise
Cloud
Segmentation based on Organization Size
Large Size Organization
Small & Medium Size Organization
Segmentation based on End-User
Enterprise Vertical
Service Providers
Segmentation based on Industry Vertical
Banking, Financial Services, and Insurance (BFSI)
Retail & E-commerce
IT & Telecommunication
Manufacturing
Healthcare
Others
Segmentation based on Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America

Meta Title: Network Automation Market Size, Share, Insight and Forecast 2022 To 2030
Meta Description: Global Network Automation Market is projected to reach US$ 28,408 million by the end of 2030 from US$ 3,957 million in 2021, at a CAGR of 24.6%
Meta Keywords: network automation market Size, network automation market share, network automation market trend, network automation market Forecast, network automation market insight