The global demand for Network Automation Market is presumed to reach the market size of nearly USD 60.93 BN by 2030 from USD 7.13 BN in 2022 with a CAGR of 26.92% under the study period 2023 - 2030.
Network automation is the software process that configures and manages all virtual and physical devices within a network. The Network Automation process uses comparable logic and frameworks to coordinate and control the various tasks performed within a network. The process is primarily used by internet service providers and enterprises to reduce errors, improve efficiency, and lower operating expenses. Network automation helps to speed the application deployment process and provide security and management service to the application lifecycle, data center, and cloud environments. The key benefits of network automation include reducing the number of errors, performance optimization, simplifying network management, dynamic network, and reducing the time spent by the IT staff.
Market Dynamics
Increasing demand for safer network management in both virtual and physical networks increases the need for network automation. The growing need to provide security and visibility service to the connected devices, storage issues, errors identification, risk management, and efficiency management in the smart healthcare system with Intent-Based Networking technology is also responsible for the growth of network automation. Moreover, the increase in demand for virtualization technology is expected to drive market revenue. The increasing need for network bandwidth, visibility, and adoption of connected devices are some other factors expected to boost the market growth.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of network automation. The growth and trends of network automation industry provide a holistic approach to this study.
Market Segmentation
This section of the network automation market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Components
- Solutions (Network Automation Tools, Intent-Based Networking)
- Services (Professional Services (Advisory And Consulting, Training And Support, Deployment And Integration))
By Network Type
- Physical Network
- Virtual Network
- Hybrid Network
By Deployment Mode
By End User
- Enterprise Vertical
- Service Providers
By Organization Size
- Small And Medium-Sized Enterprises (SMEs)
- Large Enterprises
By Vertical
- Information Technology (IT)
- Banking, Financial Services, And Insurance (BFSI)
- Manufacturing
- Healthcare
- Energy And Utilities
- Education
- Others (Media And Entertainment, Retail, And Government And Defense)
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Network Automation market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Network Automation Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the network automation market include Cisco, Juniper Networks, IBM, Micro Focus, NetBrain, Forward Networks, SolarWinds, VMware, BMC Software, Anuta Networks, Apstra, BlueCat, Entuity, Veriflow, Riverbed, Itential, Volta Networks, Sedona Systems, Kentik, SaltStack, NetYCE, Versa Networks, AppViewX, BackBox and 128 Technology. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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