Network Automation Market 2020: Top Companies Analysis, Share, Current Trends, Segmentation and Forecast to 2025
Network Automation Market is valued at USD 5.27 Billion in 2019 and expected to reach USD 81.77 Billion by 2026 with the CAGR of 47.97% over the forecast period.
The growth of virtual and software-defined WAN infrastructure in
enterprises and the need for bandwidth management for SMEs are the major
factors for driving the growth of Global Network Automation Market.
Scope of Global Network Automation Market Report–
Network automation is the process of automating the configuration,
management, testing, deployment and operation of physical and virtual devices
in the network. It is a method for software to configure, configure, manage,
and test network equipment automatically. Different companies and service
providers use it to increase efficiency and reduce human error and operating
expenses. The tools for network automation capabilities range from basic
network mapping and device discovery to more complex workflows, such as
managing network configuration and providing virtual network resources. It
plays an important role in software defined networks, network virtualization
and network orchestration, and supports automatic tenant configuration and
virtual network functions, such as virtual load balancing. It has several key
benefits, such as increased efficiency, reduced likelihood of human error, and
reduced operating costs. As the main applications depend on the data center, their
support through improved virtualization, standardization and automation has
become a key factor in improving performance and increasing capacity and
throughput. By combining hardware and software based solutions, large
enterprises, service providers and organizations can implement electronic
network automation to constrain and manage repetitive processes.
Network Automation Companies:
Key players of the Network Automation market are,
Cisco Systems, Inc., IBM Corporation, SolarWinds Inc., Juniper
Networks, Inc., VMWare Inc., Riverbed Technology, Network Automation Inc, Netbrain
Technologies, SolarWinds, Inc., BMC Software, Apstra, Micro Focus, BlueCat
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Global Network Automation market is segmented on the basis of
component, deployment mode, network type, end user and region. On the basis of
components, the market is segmented into services as well as softwar. On the
basis of deployment mode, the market is segmented into on premise, cloud and
Hybrid. On the basis of network type, the market is segmented into physical,
virtual and hybrid. On the basis of end user, the market is segmented into
energy and utility, it and telecom, banking and financial services,
manufacturing and education.
The regions covered in this Network Automation market report are
North America, Europe, Asia-Pacific and Rest of the World. Based on the country
level, market is sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy,
China, Japan, India, South East Asia, GCC, Africa, etc.
Global Network Automation Market Dynamics-
The adoption of smart connected devices has proliferated, and the
adoption of automation technologies such as artificial intelligence (AI) and
machine learning has also increased which is expected to stimulate the global
market for Network Automations. In addition, the increase in the number of
start-ups for network automation solutions and network downtime due to human
error and the development of IoT technologies throughout the vertical sector
has also increased the demand for network automation technology. For example,
the government of Qatar launched the TIC Connect 2020 policy, which aims to
develop smart infrastructure for the 2022 FIFA World Cup. The increase in
network virtualization is driving growth in the US IT and telecommunications
market. In the United States, IT and telecommunications applications
represented approximately 30% of market revenues in 2019. The adoption of NFV
technology is the engine of American Telecom's development. Service providers
are increasing the use of automation in their networks. However, the
availability of open source automation tools has hampered the growth of the
network automation market. The increased focus on cloud security has created
new opportunities for local areas in the GCC network automation market.
Global Network Automation Market Segmentation:–
By Component: Software, Services
By Deployment Mode: On-premise, Hybrid, Cloud
By Network Type: Physical, Virtual, Hybrid
By End User: Energy and Utility, IT and Telecom, Banking and
Financial Services, Manufacturing, Education
Regional & Country Analysis
North America, U.S., Mexico, Canada , Europe, UK, France, Germany,
Italy , Asia Pacific, China, Japan, India, Southeast Asia, South America,
Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of
Middle East and Africa
Asia Pacific is expected to Witness a Fastest Growth in the Global
Network Automation Market
North America market is expected to dominate the global Network
Automation market. The adoption rate of smart connected devices in the region
continues to increase, and the main players in the region have joined.
Businesses in the region have recently used intention-based networks, advanced
technologies such as SD-WAN and DevOps to use improved automation capabilities
to determine the size of the market. The Asia-Pacific region is expected to
achieve the highest growth rate over the forecast period. The increase in major
5G investments in Japan, China and India, as well as the growth in the
disposable income of the population in developing countries, should contribute
to demand in the automation market. According to the latest Asia-Pacific
version of the GSMA Mobile Economics series published at MWC19 Shanghai, Asian
mobile operators will invest $ 370 billion between 2018 and 2025 to build new
5G networks. It is predicted that by 2025, 28% of Chinese mobile connections
will operate on 5G networks, which will account for about a third of all 5G
connections worldwide. Due to the growth rate, the adoption of smart public
services and the emergence of industry 4.0, the manufacturing industry is
expected to gain considerable market share by 2026.
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