This technology enables prompt operation units to integrate and configure application services and network infrastructure, eliminating manual processes such as logging into switches, firewalls, routers, and load balancers to change configurations. Network automation supports business demands, reduces errors, improves efficiency, and lowers operating expenses.
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Industry Key Trends
Rising Adoption of Cloud Computing: Organizations are increasingly adopting cloud computing, necessitating more agile and scalable network infrastructures.
Integration of SDN and NFV: Software-defined networking (SDN) and network functions virtualization (NFV) are being integrated to configure and change networks according to business or service goals.
Increased Use of AI and Machine Learning: Advanced technological tools such as AI and machine learning are being utilized to enhance network automation.
Focus on Security: Enhanced security features are being developed to protect against network-related threats and vulnerabilities.
Growth in Hybrid Workplaces: The emergence of hybrid workplaces is driving the demand for network automation solutions.
Network Automation Market Size and Share
The global network automation market size was valued at USD 2.58 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 22.9% from 2022 to 2030. The market is projected to reach USD 72,017.15 million by 2030, growing at a CAGR of 14.8% during the forecast period (2022–2030)
Network Automation Market Statistics
Market Size (2021): USD 2.58 billion
Projected Market Size (2030): USD 72,017.15 million
CAGR (2022–2030): 22.9%
CAGR (2022–2030): 14.8%
Regional Trends
North America: North America holds a substantial market share, driven by the early adoption of network automation technologies and the presence of major market players. The United States and Canada are key contributors to market growth in this region
Asia-Pacific (APAC): The APAC region is experiencing rapid growth in the network automation market, with significant contributions from countries like China, Japan, and India. The increasing adoption of smartphones, digital payment systems, and smart city initiatives are key factors driving market growth in this region
Europe: Europe is witnessing significant growth in the network automation market, with countries like Germany, the United Kingdom, and France leading the way. The region's focus on digital transformation, innovation, and regulatory support for contactless payments is driving the demand for network automation technologies
Latin America, Middle East, and Africa (LAMEA): The LAMEA region is emerging as a potential market for network automation, with growing investments in digital infrastructure and increasing awareness of the benefits of network automation. Countries like Brazil, South Africa, and the UAE are showing promising growth prospects
Network Automation Market Segmentations
Leading companies in the network automation market include:
Cisco Systems Inc.
Juniper Networks Inc.
IBM Corporation
Hewlett Packard Enterprise Development LP
SolarWinds Inc.
Network Automation Inc.
Micro Focus International PLC
NetBrain Technologies Inc.
Apstra Inc.
Arista Networks Inc.
Extreme Networks Inc.
BMC Software Inc.
Top Players in Network Automation Market
By Network Type
Physical: Traditional network infrastructure.
Virtual: Network infrastructure that exists in software.
Hybrid: A combination of physical and virtual networks.
By Solution Type
Network Automation Tools: Software solutions that automate network management tasks.
SD-WAN and Network Virtualization: Solutions that provide software-defined wide area networking and network virtualization.
Intent-Based Networking: Solutions that use AI to automate network operations based on business intent.
By Service Type
Managed Service: Outsourced network automation services provided by third-party vendors.
Professional Service: Consulting and professional services related to network automation.
By Deployment
Cloud: Network automation solutions deployed on cloud platforms.
On-Premise: Network automation solutions deployed on-premises within an organization's infrastructure.
Hybrid: A combination of cloud and on-premise deployment.
By End-User
IT and Telecom: Network automation solutions for IT and telecommunications companies.
Manufacturing: Network automation solutions for manufacturing industries.
Energy and Utility: Network automation solutions for energy and utility companies.
Banking and Financial Services: Network automation solutions for banking and financial services.
Education: Network automation solutions for educational institutions.
Other End-User Industries: Network automation solutions for various other industries.
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Conclusion
The network automation market is poised for significant growth, driven by technological advancements, increasing demand for contactless payment solutions, and the growing emphasis on secure and convenient transactions. With numerous opportunities for innovation and expansion, the market is set to transform the landscape of digital interactions, offering scalable, flexible, and efficient solutions for businesses and consumers worldwide.
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