Network Automation Market Size Is Expected To Reach USD 17.68 Billion By 2030
San Francisco, 3 January 2025: The Report Network Automation Market Size, Share & Trends Analysis Report By Component (Solutions, Services), By Deployment (On-Premise, Cloud), By Infrastructure, By Enterprise Size, By Vertical, By Region, And Segment Forecasts, 2022 – 2030
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. It encompasses the process of automating the management, configuration, testing, operations, and deployment of virtual and physical devices involved in a network. It utilizes software to automate the network and provides management and security to maximize network functionality and efficiency. It also enables prompt operation units to integrate and configure application services and network infrastructure.
Also, it eliminates manual processes such as logging into switches, firewalls, routers, and load balancers to change configurations to manage the network. It also allows flexible and agile operations that support business demands, reduce errors, improve efficiency, and lower operating expenses. Additionally, automation enables standardization of network processes management and allows operations units to reduce mean time to resolution and deliver services at scale.
The market is projected to witness significant growth attributed to the increasing adoption of connected devices, emerging hybrid workplaces, and 5G-driven services. Additionally, a growing emphasis on usage network virtualization is anticipated to boost the growth of the market. Furthermore, the rising adoption of network automation-enabled services in several verticals, such as BFSI, IT, manufacturing, and retail, among others, is contributing positively to the network automation market growth.
It also increases network uptime and stability. It also provides access to businesses and organizations to automate networks to meet specific requirements efficiently and cost-effectively, replacing command-line instructions for configuring the devices. Moreover, the utilization of advanced technological tools, such as artificial intelligence, machine learning, and big data, is propelling the growth of the market.
Network automation combines network function virtualization (NFV) and software-defined networking (SDN), enabling the configuration of networks to meet the organization's requirements. An automated platform enables ease in network testing, resource provision, and mapping, fueling network automation adoption.
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It includes solutions such as network designing and planning, configuration compliance and verification, device testing, data analysis, security compliance, collection of network data, and deployment of physical & virtual devices and services. Moreover, the players in the market are launching advanced solutions which use machine learning, big data, and other advanced technologies, which are expected to provide numerous market opportunities.
Key Companies & Market Share Insights
The network automation landscape is consolidated and is anticipated to witness increased competition due to several players' strong presence. Some prominent players in the market include Anuta Networks, IBM Corporation, Vmware, Juniper Networks, Cisco Systems Inc, and Fortinet, Inc, among others. These companies are also collaborating with telecom operators, advertisers, and local & regional players to gain a competitive edge over their peers and capture a significant market share.
Players operating in the automation market are adopting different key strategies and developments to occupy a substantial market share. For instance, in November 2021, VMware, Inc. announced a collaboration with Vodafone Group to deliver orchestration and automation services through a single platform on its core networks across the European region. Some prominent players in the global network automation market include:
- Anuta Networks
- Apstra
- BlueCat
- BMC Software
- Cisco Systems Inc
- Entuity
- Forward Networks
- Fortinet, Inc
- IBM Corporation
- Juniper Networks
- Micro Focus
- NetBrain
- Riverbed
- Solar Winds
- Veriflow
- Vmware
About Grand View Research
Grand View Research is an India & U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services.
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