Global Zero-Touch Provisioning Market Size study&Forecast, by Component (Platform, Services) by Device Type (Routers, Switches, Access Points, Firewalls, IoT Devices, Others), by Network Complexity (Multi-Vendor Environment, Complex Network Architecture, Dynamic Network Environment), by Enterprise Size(Large Enterprises, Small & Medium Enterprises), by Industry(IT & Telecommunications, Manufacturing, Healthcare, Retail, Others) and Regional Analysis, 2022-2029
Global Zero-Touch Provisioning Market is valued at approximately USD 2521.3 million in 2021 andis anticipated to grow with a healthy growth rate of more than 10.3% over the forecast period 2022-2029. Zero-touch provisioning (ZTP) is a configuration technique for devices that uses a switch function to automatically configure the device.ZTP makes it possible to automatically configure or provision managed network devices within a network with little to no manual involvement. It can be configured on routers, switches, firewalls, and wireless access points that are part of a software-defined wide area network (SD-WAN). Additionally, the increasing adoption of IoT services in various industries and growing IT Industry is driving the market for Zero-Touch provisioning market.
The rising adoption of IoT services among various industries is driving the market for Zero-touch provisioning market. It has been anticipated that the worldwide share of IoT devices will triple till 2030 that is will be more than 29 billion. In 2020 the market share accounted to be 9.7 Billion. Further the growing IT Industry is fueling the demand for Zero-Touch provisioning. This technology helps the IT teams to eliminate most of the manual labor and deploy network devices on a faster pace in a large-scale environment. For instance, in 2022 the global share was approximately USD 5.3 Trillion. Asia is projected to be largest contributor in global IT Industry. The annual growth rate is also expected to 5%. Moreover, the positive impact of COVID-19 that is digitalization and adoption of online platforms and benefits of ZTP like elimination of human errors are boosting the market demand for Zero-Touch provisioning market. However, the number of Misconfiguration issues of Zero-Touch Provisioning stifles market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Zero-Touch Provisioning Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World.With a market share of over 34.0% during the course of the projection period, Asia Pacific dominated the market.The development is attributable to the region's rising connected device population, the quick adoption of zero touch provisioning by large businesses and SMEs, and the increasing penetration of network automation solutions. Due to their low cost,ZTP is more popular across a variety of industries, including IT & telecommunications, healthcare, manufacturing, and retail.North America is anticipated to grow with the highest CAGR during the forecast period. Modern technologies, including ZTP, have been able to be implemented more quickly because to a well-established infrastructure.
Major market player included in this report are:
Cisco Systems, Inc.
Nokia Corporation
Telefonaktiebolaget LM Ericsson
Huawei Technologies Co., Ltd.
ZTE Corporation
Juniper Networks, Inc.
Hewlett Packard Enterprise Development LP
Arista Networks, Inc.
Extreme Networks
Riverbed Technology
Recent Developments in the Market:
In December 2022, Juniper Networks, Inc. established a strategic alliance with telecommunications company Deutsche Telekom AG.For Deutsche Telekom AG's SD-X, a virtualized and cloud-based platform, the alliance aims to make use of the company's cutting-edge technologies, such as AI-driven intelligence, zero touch installations, and so on.
Global Zero-Touch Provisioning Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Component, Device Type, Network Complexity, Enterprise Size, Industry, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporatespotential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Component offerings of key players. The detailed segments and sub-segment of the market are explained below:
ByComponent:
Platform
Services
By Device Type:
Routers
Switches
Access Points
Firewalls
IoT Devices
Others
By Network Complexity:
Multi-Vendor Environment
Complex Network Architecture
Dynamic Network Environment
By Enterprise Size:
Large Enterprises
Small & Medium Enterprises
By Industry:
IT & Telecommunications
Manufacturing
Healthcare
Retail
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the WorldCompanies Mentioned
Cisco Systems, Inc.
Nokia Corporation
Telefonaktiebolaget LM Ericsson
Huawei Technologies Co., Ltd.
ZTE Corporation
Juniper Networks, Inc.
Hewlett Packard Enterprise Development LP
Arista Networks, Inc.
Extreme Networks
Riverbed Technology
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook