Global Network Automation Market to Reach US$ 14.56 Bn by 2022, Exhibiting a CAGR of 23.4%

Network Automation Market

Market Overview:

The global network automation market is estimated to be valued at US$ 14.56 Bn Bn in 2022 and is expected to exhibit a CAGR of 23.4% over the forecast period of 2022-2030. Network automation refers to the use of software and technologies to automate the management, provisioning, and operation of networks. It offers several advantages such as improved network efficiency, reduced operational costs, enhanced security, and minimized human errors. With the increasing complexity of network infrastructure and the growing demand for efficient and reliable network management solutions, the adoption of network automation products is expected to witness significant growth.

Market Key Trends:
One key trend in the network automation market is the increasing adoption of artificial intelligence (AI) and machine learning (ML) technologies. AI and ML are being utilized in network automation solutions to enable predictive analytics, autonomous troubleshooting, and intelligent decision-making. These technologies enable networks to self-optimize and adapt to changing conditions, resulting in improved performance and reduced downtime. Moreover, AI and ML algorithms can analyze vast amounts of network data in real-time, providing valuable insights for network management and optimization. The integration of AI and ML technologies with network automation solutions is expected to drive innovation and efficiency in network operations, attracting more organizations to adopt these advanced solutions.
Segment Analysis:

The network automation market can be segmented based on deployment type, solution, network infrastructure, and end-use industry.

Based on deployment type, the dominant segment in the network automation market is the cloud-based deployment. Cloud-based deployment offers several advantages such as scalability, flexibility, ease of implementation, and cost-effectiveness. With the increasing adoption of cloud computing and the growing demand for virtualization, the cloud-based deployment segment is expected to witness significant growth in the forecast period.

In terms of solutions, the network automation market can be divided into network automation tools, SD-WAN automation, and intent-based networking. The dominating segment in this category is expected to be network automation tools. Network automation tools help in automating routine network tasks, improving operational efficiency, reducing errors, and enhancing network security. As organizations strive to streamline their network management processes and reduce human intervention, the demand for network automation tools is expected to increase.

Based on network infrastructure, the network automation market can be categorized into physical network infrastructure and virtual network infrastructure. The dominating segment in this category is virtual network infrastructure. Virtual network infrastructure enables organizations to create, manage, and secure virtual networks, providing agility, scalability, and cost savings. With the increasing adoption of virtualization technologies and the growing popularity of software-defined networking (SDN), the demand for virtual network infrastructure is expected to rise.

Key Takeaways:

• The global Network Automation Market Share is expected to witness high growth, exhibiting a CAGR of 23.4% over the forecast period from 2022 to 2030. This growth can be attributed to several factors such as the increasing adoption of cloud computing, the rising demand for network virtualization, and the need for efficient network management solutions.

• In terms of regional analysis, North America is expected to be the fastest-growing and dominating region in the network automation market. This can be attributed to factors such as the presence of key market players, advanced IT infrastructure, and the early adoption of automation technologies in the region. Additionally, the growing demand for network security and the increasing trend of digital transformation are driving the adoption of network automation solutions in North America.

• Key players operating in the network automation market include Cisco Systems Inc., Extreme Networks Inc., Juniper Networks Inc., VMware Inc., SaltStack Inc., BMC Software Inc., Hewlett Packard Enterprise Development LP, Nuage Networks (Nokia Networks), IBM Corporation, NetBrain Technologies Inc., AppViewX Inc., Micro Focus International PLC, Fujitsu Limited, Arista Network Inc., SolarWinds Inc., Forward Networks Inc., and Network Automation Inc. These key players are focusing on strategic partnerships, acquisitions, and product innovations to strengthen their market position and meet the evolving customer demands in the network automation market.

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