Quick Summary:
Today's dynamic business landscape demands unbeatable efficiency and speed. The global network automation market report lucidly elucidates why network automation has emerged as a pivotal toolbox across varied sectors such as healthcare, information technology, banking services, insurance, and telecommunications. Network automation optimizes network resources and services, eliminates monotonous manual tasks, increases visibility, builds a reliable network, and expedites operational speed. Its vital role in resolving complex issues in a fraction of the usual time remains unchallenged.
Global trends suggest a rising inclination toward network automation due to increasing adoption of smart connected devices. In tandem with this, escalating fears regarding the security of cloud-based resources are sparking the demand for network automation to mitigate data theft risks and provide a high degree of customization. Moreover, advancements in artificial intelligence and machine learning are catalyzing the market growth by helping in identifying and rectifying inefficiencies and irregularities. Network automation's role in predicting network demand, minimizing operational expenses, and providing remote working solutions showcases its significant business value. Sit back and delve into this detailed report, brimming with insights on market segmentation, trends, the competitive landscape, and much more, steering you towards insightful decision making.
The global network automation market size reached US$ 17.1 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 52.7 Billion by 2028, exhibiting a growth rate (CAGR) of 19.5% during 2023-2028.
Network automation refers to the process of using software to automate the managing, testing, and operating of physical and virtual devices. It utilizes various solutions and services, such as virtualization, network automation tools, internet-based networking, and managed services. Network automation also uses programmable logic to manage network resources and services, which, in turn, aids in maximizing the functionality and efficiency of the network. These tools enable basic network mapping, device discovery, and complex workflows, such as provisioning of virtual network resources and network configuration management. Apart from this, it assists in eliminating manual tasks, gaining network visibility, building a reliable network, enhancing operational speed, and analyzing and resolving issues. As a result, network automation is widely used across various industries, such as healthcare, information technology (IT) and telecommunication, and banking, financial services, and insurance (BFSI).
2. What is the expected growth rate of the global network automation market during 2023-2028?
3. What are the key factors driving the global network automation market?
4. What has been the impact of COVID-19 on the global network automation market?
5. What is the breakup of the global network automation market based on the component?
6. What is the breakup of the global network automation market based on the deployment mode?
7. What is the breakup of the global network automation market based on the organization size?
8. What is the breakup of the global network automation market based on the network type?
9. What is the breakup of the global network automation market based on the end use industry?
10. What are the key regions in the global network automation market?
11. Who are the key players/companies in the global network automation market?
Network automation refers to the process of using software to automate the managing, testing, and operating of physical and virtual devices. It utilizes various solutions and services, such as virtualization, network automation tools, internet-based networking, and managed services. Network automation also uses programmable logic to manage network resources and services, which, in turn, aids in maximizing the functionality and efficiency of the network. These tools enable basic network mapping, device discovery, and complex workflows, such as provisioning of virtual network resources and network configuration management. Apart from this, it assists in eliminating manual tasks, gaining network visibility, building a reliable network, enhancing operational speed, and analyzing and resolving issues. As a result, network automation is widely used across various industries, such as healthcare, information technology (IT) and telecommunication, and banking, financial services, and insurance (BFSI).
Network Automation Market Trends:
The increasing adoption of smart connected devices across the globe is creating a positive outlook for the market. Network automation assists in simplifying and scaling network operations by minimizing configuration errors. In line with this, the rising concerns in cloud security is further facilitating the demand for network automation across organizations to reduce the risks of data thefts and increase the degree of customization. Moreover, various technological advancements, such as the integration of artificial intelligence (AI) and machine learning (ML), to enhance troubleshooting and identify inefficiencies and irregularities through real-time data monitoring, are providing an impetus to the market growth. Additionally, the increasing demand for high-resolution and quality videos due to the growing popularity of over-the-top (OTT) platforms is positively impacting the market growth. Network automation assists in predicting the network demand by analyzing failures to enhance its effective use and reduce operational costs. Other factors, including a shift towards remote working solutions and increasing research and development (R&D) activities, are anticipated to drive the market further toward growth.Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global network automation market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on component, deployment mode, organization size, network type and end use industry.Breakup by Component:
- Solution
- Network Automation Tools
- SD-WAN and Network
- Virtualization
- Internet-Based Networking
- Services
- Professional Service
- Managed Service
Breakup by Deployment Mode:
- On-premises
- Cloud-based
Breakup by Organization Size:
- Large Enterprises
- Small and Medium-size Enterprises
Breakup by Network Type:
- Physical
- Virtual
- Hybrid
Breakup by End Use Industry:
- IT and Telecom
- Manufacturing
- Energy and Utility
- Banking and Financial Services
- Education
- Others
Breakup by Region:
North America
- United States
- Canada
Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
Latin America
- Brazil
- Mexico
- Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being AppViewX Inc., BMC Software Inc., Cisco Systems Inc., Extreme Networks Inc., Fujitsu Limited, Hewlett Packard Enterprise Development LP, International Business Machines Corporation, Juniper Networks Inc., Micro Focus International PLC, Netbrain Technologies Inc., Solarwinds Corporation and Vmware Inc.Key Questions Answered in This Report
1. What was the size of the global network automation market in 2022?2. What is the expected growth rate of the global network automation market during 2023-2028?
3. What are the key factors driving the global network automation market?
4. What has been the impact of COVID-19 on the global network automation market?
5. What is the breakup of the global network automation market based on the component?
6. What is the breakup of the global network automation market based on the deployment mode?
7. What is the breakup of the global network automation market based on the organization size?
8. What is the breakup of the global network automation market based on the network type?
9. What is the breakup of the global network automation market based on the end use industry?
10. What are the key regions in the global network automation market?
11. Who are the key players/companies in the global network automation market?
Frequently Asked Questions about the Global Network Automation Market
What is the estimated value of the Global Network Automation Market?
What is the growth rate of the Global Network Automation Market?
What is the forecasted size of the Global Network Automation Market?
Who are the key companies in the Global Network Automation Market?
| Report Attribute | Details |
|---|---|
| No. of Pages | 143 |
| Published | June 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 17.1 Billion |
| Forecasted Market Value ( USD | $ 52.7 Billion |
| Compound Annual Growth Rate | 20.6% |
| Regions Covered | Global |
| No. of Companies Mentioned | 12 |
Table of Contents
1 Preface3 Executive Summary13 Value Chain Analysis15 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Network Automation Market
6 Market Breakup by Component
7 Market Breakup by Deployment Mode
8 Market Breakup by Organization Size
9 Market Breakup by Network Type
10 Market Breakup by End Use Industry
11 Market Breakup by Region
12 SWOT Analysis
14 Porters Five Forces Analysis
16 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- AppViewX Inc.
- BMC Software Inc.
- Cisco Systems Inc.
- Extreme Networks Inc.
- Fujitsu Limited
- Hewlett Packard Enterprise Development LP
- International Business Machines Corporation
- Juniper Networks Inc.
- Micro Focus International PLC
- Netbrain Technologies Inc.
- Solarwinds Corporation
- Vmware Inc.
Methodology
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