Product ID: SQMIG45E2075
Report ID:
SQMIG45E2075 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
94 |
Figures:
76
Network Automation Market size was valued at USD 14.56 billion in 2019 and is poised to grow from USD 17.98 billion in 2023 to USD 94.58 billion by 2031, growing at a CAGR of 23.4% in the forecast period (2024-2031).
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.
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REQUEST FREE CUSTOMIZATIONNetwork Automation Market size was valued at USD 14.56 billion in 2019 and is poised to grow from USD 17.98 billion in 2023 to USD 94.58 billion by 2031, growing at a CAGR of 23.4% in the forecast period (2024-2031).
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Product ID: SQMIG45E2075