USD 14.56 billion
Report ID:
SQMIG45E2075 |
Region:
Global |
Published Date: July, 2024
Pages:
157
|Tables:
94
|Figures:
76
Network Automation Market size was valued at USD 5.40 Billion in 2022 poised to grow from USD 6.62 Billion in 2023 to USD 33.79 Billion by 2031, growing at a CAGR of 22.60% in the forecast period (2024-2031).
The process of automating both virtual and physical device configuration, management, testing, deployment, and operations within a network is known as network automation. It's the process by which network device configuration, provisioning, management, and testing are all done automatically by software. Many businesses and service providers utilise it to increase productivity, save operational costs, and minimise human error. From simple network mapping and device discovery to more intricate operations like network configuration management and virtual network resource provisioning, network automation functions offer a wide range of capabilities. It facilitates automated provisioning of virtual network tenants and functions, including virtual load balancing, and plays a significant part in software-defined networks, network virtualization, and network orchestration.
The global network automation market is expected to grow as a result of several factors, including the rise in the use of smart and connected devices and the adoption of automation technologies like artificial intelligence (AI) and machine learning, which allow businesses to better troubleshoot network issues through real-time data monitoring. The global network automation market is also growing as a result of an increase in start-ups providing solutions for network automation and network downtime brought on by human error. The global network automation market isn't expanding as quickly, though, as open-source automation solutions are readily available. Additionally, it is projected that the market would present significant potential due to the adoption of advanced networking solutions by various SMEs and the increase in R&D investments in network automation by various SMEs.
Global Market Size
USD 14.56 billion
Largest Segment
On-Premises
Fastest Growth
On-Premises
Growth Rate
23.4% CAGR
To get more reports on the above market click here to Buy The Report
The global network automation market is segmented based on Component, Deployment Mode and Organization Size. In terms of Component, the market is divided into Solution and Services. Based on the Deployment Mode, the market is bifurcated into On-premise and Cloud. Based on the Organization Size, the market is divided into Large Size Organization and Small & Medium Size Organization. Based on Region, the market is segmented into North America, Europe, Asia Pacific, Central & South America and Middle East & Africa.
Network Automation Market Analysis by Component
As per categorization by vertical, the market is classified as Solution and Services. Among these, Solution earned the largest share and continues to dominate the market. The global network automation market's solution component is undergoing substantial innovation due to developments in AI-driven network management, sophisticated analytics, and integrated automation platforms that boost productivity and eliminate manual labour. Solutions rule the market as they provide comprehensive tools for optimal network performance and management, and as they play a fundamental role in allowing automation.
As network environments are becoming more complicated and skilled installation, integration, and management are becoming more and more necessary, services are the segment of the global network automation market that is expanding the fastest. The adoption of advanced automation technologies by organizations necessitates specialized support and advising to enable successful deployment and operation, resulting in swift growth within this field.
Network Automation Market Analysis by Mode of Deployment Mode
In the global network automation market, on-premise deployment is leading the way with improved security features and adaptable solutions made to fit certain organizational requirements. Its success is a result of giving businesses with complicated network environments and strict compliance requirements total control over infrastructure and data protection.
Due to its scalability, affordability, and flexibility, cloud deployment is the segment of the global network automation market with the quickest rate of growth. Cloud solutions are becoming more and more popular among organizations due to their capacity to quickly adjust to changing needs, lower initial costs, and seamlessly interact with other digital tools, all of which promote rapid adoption and growth.
To get detailed analysis on other segments, Request For Free Sample Report
Due to sophisticated technological infrastructure, large investments in IT and digital transformation, and concentration of top technology companies, North America leads the global network automation market. The region has an established market for network solutions and a strong emphasis on innovation, which creates a large demand for automation technologies. Furthermore, North America's market position is further enhanced by the high rates of cloud computing adoption and the growing demand for effective network administration in a cutthroat corporate climate. Its leadership in network automation, which sets the bar for international norms, is partly a result of strict regulatory compliance requirements and a strong technology environment.
Due to its strong legal frameworks, faster digital transformation programs, and rising investment in cutting-edge network technology, Europe is the region in the global network automation market that is expanding at the fastest rate. Key growth drivers are the push for smart infrastructure and the drive towards digitalization across industries, which are backed by national strategies and projects funded by the EU. Furthermore, demand for advanced network automation solutions is fuelled by Europe's focus on improving cybersecurity and operational efficiency. Europe is becoming a more dynamic and quickly rising market for network automation solutions as a result of the increasing use of cloud services and the demand for flexible, scalable network management.
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Network Automation Market Drivers
Data Centers are Undergoing a Major Shift due to Rising Network Traffic and Cloud Technology:
Open-Source Automation Tools are Accessible:
Network Automation Market Restraints
Bias and Ethical Concerns:
Regulatory and Compliance Challenges:
Request Free Customization of this report to help us to meet your business objectives.
The competitive environment in the global network automation market is characterised by major players who propel innovation and expansion. Prominent global corporations providing cutting-edge network automation solutions comprise Cisco Systems, IBM, Juniper Networks, and Huawei Technologies. With their varied portfolios and strategic goals, these companies shape the market as they compete on technological innovations, integration skills, and customer service. The market's emphasis on scalability, efficiency, and state-of-the-art automation technology is reflected in their leadership.
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, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, in conclusion, the use of cutting-edge automation technologies in network automation is revolutionizing the management of network devices and operations. By automating configuration, provisioning, and management operations, it maximizes efficiency, minimizes expenses, and decreases human error. The market is growing as a result of rising demand for linked, smart devices as well as advances in artificial intelligence and machine learning.
The security and control advantages of on-premises solutions make them the industry leader, but the scalability and flexibility of cloud deployment is driving its rapid growth. Regional dynamics demonstrate how North America has dominated the world through technological innovation and how Europe has quickly grown due to investments in cutting-edge technologies and digital transformation. The market is expected to see substantial developments and opportunities despite obstacles including open-source competition and regulatory issues.
Report Metric | Details |
---|---|
Market size value in 2022 | USD 5.40 Billion |
Market size value in 2031 | USD 33.79 Billion |
Growth Rate | 22.60% |
Base year | 2023 |
Forecast period | 2024-2031 |
Forecast Unit (Value) | USD Billion |
Segments covered |
|
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) |
Companies covered |
|
Customization scope | 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
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the 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 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.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Network Automation Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the 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.
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.
Report ID: SQMIG45E2075
sales@skyquestt.com
USA +1 351-333-4748