What is the global market size of Network Automation Market?

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).

Who are the key vendors in the Global Network Automation Market?

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. 'Cisco Systems Inc.', 'Juniper Networks Inc.', 'Huawei Technologies Co. Ltd.', 'IBM Corporation', 'Hewlett-Packard Development Company, L.P.', 'NEC Corporation', 'CA Technologies', 'BMC Software Inc.', 'Micro Focus International plc', 'Infosys Limited', 'Tata Consultancy Services Limited', 'Accenture plc', 'Wipro Limited', 'HCL Technologies Limited', 'VMware Inc.', 'Red Hat Inc.', 'Nokia Corporation', 'Ericsson AB', 'F5 Networks Inc.', 'Arista Networks Inc.'

What is the key driver of Global Network Automation Market?

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.

What is the key market trend for Global Network Automation Market?

Network Automation to Offer Automates Solutions: Network automation and orchestration tools are evolving from niche functions used by individual employees within infrastructure and operations (I&O) to provide robust solutions that enable network operations increasingly automated.

Which region accounted for the largest share in Global Network Automation Market?

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.

Network Automation Market Size, Share, Growth Analysis, By Component(Solution and Services), By Deployment Mode(On-premise and Cloud), By Organization Size(Large Size Organization and Small & Medium Size Organization), By Region - Industry Forecast 2024-2031

Report ID: SQMIG45E2075 | Region: Global | Published Date: July, 2024
Pages: 157 | Tables: 94 | Figures: 76

Network Automation Market News

In August 2024, The introduction of Cisco Systems' new Cisco DNA (Digital Network Architecture) solution, which integrates AI-driven network automation for improved security and performance, garnered media attention. Cisco's dedication to streamlining network administration and enhancing operational effectiveness with cutting-edge automation technologies is highlighted by this breakthrough.
In July 2024, Major update from IBM Cloud Pak for Network Automation. Predictive maintenance and more effective network operations are made possible by the sophisticated AI and machine learning capabilities of this version. Enhancing network agility and dependability in quickly changing digital contexts is the goal of IBM's innovation.
In June 2024, A significant update to VMware's Aria Operations platform was announced by VMware. Using artificial intelligence (AI) for proactive problem solving and real-time insights, this development integrates automated network visibility and management capabilities. The goal of VMware's newest product is to simplify network management and lower complexity for businesses throughout the world.

Network Automation Market Report Snapshots

License Type Top market research company in USA

File Type

$5,300

BUY NOW GET FREE SAMPLE

Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

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 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. 'CISCO (United States) ', 'Juniper Networks (United States) ', 'IBM (United States) ', 'Micro Focus (United Kingdom) ', 'NetBrain (United States) ', 'Forward Networks (United States) ', 'SolarWinds (United States) ', 'BMC Software (United States) ', 'Anuta Networks (United States) ', 'Apstra (United States) ', 'BlueCat (Canada) ', 'VMware (United States) ', 'Entuity (United Kingdom) ', 'Veriflow (United States) ', 'Riverbed (United States) '

The network is now more crucial to IT operations than ever in the modern, cloud-based environment. Network traffic analytics is also rising as a result of users accessing data and computing resources from both corporate headquarters and remote locations due to crucial servers and data housed in the cloud. Network traffic flow patterns have become more complex due to the advent of cloud services that supplement traditional enterprise data centers.

Cross-Industry Adoption is Shaping the Future of Data-Driven Decision-Making: The market for machine learning has seen notable trends and advancements that are indicative of how quickly this game-changing technology is developing. One noteworthy trend is the growing use of machine learning across various industries. Businesses are attempting to make decisions based on data-driven understanding. Machine learning tools are being added more often.

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.

Feedback From Our Clients

"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.

Network Automation Market Size, Share, Growth Analysis, By Component(Solution and Services), By Deployment Mode(On-premise and Cloud), By Organization Size(Large Size Organization and Small & Medium Size Organization), By Region - Industry Forecast 2024-2031

Network Automation Market News

Network Automation Market Report Snapshots

Want to customize this report?

FAQs

What is the global market size of Network Automation Market?

Who are the key vendors in the Network Automation Market?

What is the key driver of Network Automation Market?

What is the key market trend for Network Automation Market?

Which region accounted for the largest share in Network Automation Market?

Request Free Customization

Related Reports

Feedback From Our Clients

$5,300