USD 14.56 billion
Report ID: SQMIG45E2075 | Region: Global | Published Date: December, 2022 | Pages: 157 | Tables: 94 | Figures: 76
Network Automation Market size was valued at USD 14.56 billion in 2021 and is poised to grow from USD 17.98 billion in 2022 to USD 94.58 billion by 2030, growing at a CAGR of 23.4% in the forecast period (2023-2030).
Network automation refers to the process of automating deployment, configuration, testing/validation, and operation of network devices, that can be physical (routers, switches, access points, firewalls, etc.) or virtual (public cloud networking, virtual machines, containers, virtual network functions, etc.). Network automation can be applied to a broad range of enterprise and service provider network services such as data center networks, public cloud networks, Wide Area Network (WAN), others.
Strong processing power is needed at the edge of networks due to the rise in connected devices, industrial digitalization, and the need to satisfy rising workplace demands for simple and efficient operations. Furthermore, IT teams require flexibility, consistency, and quick provisioning of both on-premises and cloud-based apps. By automating and monitoring network configuration, automatically identifying devices on the network, and troubleshooting network faults, network automation systems can achieve these objectives.
Big data, artificial intelligence, and machine learning are used in more advanced network automation to configure and manage networks. In addition to this, there are many open-source initiatives devoted to creating norms for virtualization-based network automation.
US Network Automation Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 14.56 billion
To get more reports on the above market click here to Buy The Report
The Global Network Automation Market is segmented based on the network type, deployment type, application, and region. Based on the network type, the market is segmented as physical, virtual, and hybrid. Based on the deployment type, the market is segmented as on-premises, cloud. Based on application, the global market is segmented as IT and Telecom, manufacturing, energy and utility, banking and financial services, and education. Based on region, network automation market is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.
Network Automation Market Analysis by Network Type
The virtual segment is fastest-growing segment owing to the increasing adoption of virtual automation services by various cloud service providers and financial organizations. NTT, eBay, PayPal etc. companies have virtualized their networks. Popularity of virtual technologies and increase in adoption is expected to impel the market growth in the coming years.
Network Automation Market Analysis by Deployment Type
Among both the segments, the on-premises segment acquired the larger market share due to its offerings like annual service agreement and one-time license fee, which includes free installation and up-gradation of new functionalities. The segment of cloud is expected to hold a larger share in the forecast period as several businesses have started adopting cloud-based solutions due to its secure and fast network configuration capability.
Network Automation Market Analysis by Application
Based on application, the network automation market is segmented as IT and telecom, manufacturing, energy and utility, banking and financial services, and education. Among all the segments the IT and Telecom segments covered larger share of market. In order to provide its consumers with better programmability and network efficiency, the telecom industry underwent significant technological changes. Telecom service providers were able to deploy more virtualization in their networks as a result of the growing adoption of NFV technologies. A rise in the IT & telecom business has occurred as a result of several government initiatives for digitalization in order to meet end-user demand. Additionally, the development of 5G technology is expected to bring about improved networking options.
To get detailed analysis on other segments, Request For Sample Report
In 2022, the North America led the global network automation market. The growth of the regional Network Automation Market can be attributed to the broad adoption of cutting-edge technologies like DevOps, SD-WAN, and intent-based networking. The market has grown as a result of the rising demand for deep learning AI algorithms for remotely controlling network equipment and growing investments in 5G projects. These algorithms assist the industry participants in providing improved automation technologies to their end consumers, such as image processing and speech recognition.
In order to give better services to the end-user, telecom service providers are increasingly using automation technologies, and Europe is predicted to hold the second-largest market share in the forecast period. The CSPs in this area are also concentrating on boosting the performance of the currently available spectrum. One of the key reasons accelerating the market's growth in this region is the rising demand for compliance management and an optimized network as a result of the region's expanding internet subscriber base. Further, during the forecast period, Asia Pacific is predicted to have the greatest growth rate. It is anticipated that the rising investments in 5G Infrastructure from nations like China, Japan, South Korea, and India will help the industry expand. Moreover, the increasing use of automation in industries.
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Network Automation Market Drivers
Increase in Data Centers as a result of Increase in Network Traffic
Data centers are undergoing a considerable change as a result of rising network traffic and cloud technology and this is boosting the market growth. The network is crucial to IT operations more than ever in the new cloud-based environment. Moreover, as users access the data and computing resources from both remote locations and corporate headquarters, network traffic is growing as key servers and data are hosted in the cloud. The abundance of cloud services that supplement conventional enterprise data centers has made network traffic flow patterns more complex. A lot of businesses are seeking ways to make their networks more cloud compatible. Network automation solutions are becoming more necessary as a result of the growing network traffic since they improve network management and provide full network visibility across all environments.
Businesses encouraging IT companies to make changes more quickly, make services more accessible, and cut operational costs. The relevance of network automation in IT firms is growing as a result of these queries and the fact that networks are getting bigger and more complex. However, the market for network automation has been expanding by double digits as a result of the increased use of smart connected devices and cloud-based services. In order to understand network behavior, provide predictive analysis, and offer recommendations to network engineers, network automation systems largely leverage cutting-edge technology like artificial intelligence (AI) and machine learning. Automation has been made simple through the integration of AI and ML, and this is enabling the sector to expand with unrestricted prospects.
Network Automation Market Restraint
Open-source automation and complexities to constrain the market growth
Accessible open-source automation tools to restrain the Network Automation Market growth. Effective open-source network monitoring solutions have been created by a number of open-source technology developers; these solutions are thought to be superior to their more expensive commercial equivalents.
SMEs prefer open-source network automation solutions due to budgetary constraints, the market for commercial network automation solutions is being restrained by the availability of such affordable and open-source solutions. By delivering for-profit upgrades to these goods, some merchants are attempting to profit from open-source solutions. Paid versions of products with improved features like automated software patch downloads, support, and maintenance are examples of commercial upgrades.
Speak to one of our ABIRAW analyst for your custom requirements before the purchase of this report
The Global Network Automation market is relatively fragmented, with a high level of competition. Companies are working on new product launches and other initiatives to provide better equipment to their customers and expand their companies globally. These industry leaders are expanding their client base in a variety of ways, and many organizations are forming strategic and creative partnerships with other start-up businesses to increase Network Automation Market share and profitability.
Top Players in the Network Automation Market
Network Automation Market Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.
According to the global network automation market report analysis, the North America led the global network automation market in 2022. The growth is attributed to the broad adoption of cutting-edge technologies like DevOps, SD-WAN, and intent-based networking. The network automation market has grown as a result of the rising demand for deep learning AI algorithms for remotely controlling network equipment and growing investments in 5G projects. These algorithms assist market participants in providing improved automation technologies to their end consumers, such as image processing and speech recognition.
|Market size value in 2021||USD 14.56 billion|
|Market size value in 2030||USD 17.98 billion|
|Forecast Unit (Value)||USD Billion|
|Regions covered||North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)|
Free report customization with purchase. Customization includes:-
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Parent Market Analysis
KEY MARKET INSIGHTS
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Global Network Automation Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Network Automation Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Network Automation Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Global Network Automation Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Our industry expert will work with you to provide you with customized data in a short amount of time.SPEAK TO AN ANALYST
Get lifetime access to our reportsBasic Plan $5,000 Team Plan $10,000 SUBSCRIBE NOW
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
"We have purchased recently a report from SkyQuest Technology, and we are happy to inform you that this report was so useful and practical for our team. Skyquest Team was very active and our queries were followed up completely.It was amazing. "
- Mr. Ali Zali, Commercial Director, ICIIC Iran.
Product ID: SQMIG45E2075