Network Automation Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Network Automation Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Growth Factors of Network Automation Market

The Network Automation market was valued at USD 4.0 billion in 2023, and the market is now projected to grow to USD 22.58 billion by 2032, exhibiting a CAGR of 24.02% during the forecast period of 2024-2032.

In the havoc caused by the flow of hazardous COVID-19 pandemic has constrained private, open, and government organization representatives to work from domestic, and understudies to ponder remotely. This has driven to an unanticipated strain on all organizing advances whereas causing security and transmission capacity concerns. The unordinary and uncommon arrange activity designs that have developed due to widespread circumstances are making it stiffer for arrange engineers to identify peculiarities and suspicious behavior of systems. The computerized forms fueled by counterfeit insights and machine learning offer assistance address these challenges in real-time by filtering powerfully for dangers, peculiarities and prescribing successful mitigations. This sort of robotization is one of the ways to screen systems to oversee and distinguish peak network activity naturally and transfer speed setup emphasizing the network automation market growth.

Progressed innovations such as artificial insights (AI) and machine learning (ML) support these arrangements to analyze information and use model-driven arrange programmability. This empowers the companies to convey prescient investigation, get it organize behaviors, and give proposals to arrange operations groups. It helps in diminishing the potential human mistake, progresses operational proficiency, and increments organize benefit accessibility, in this manner conveying an improved client involvement. The rise of real-time telemetry and analytics, single-pane-of-glass administration, and Zero Touch Provisioning (ZTP), among others, has driven IT groups to embrace organize sort of robotization as the base for a more organized approach to oversee and convey the complete foundation.

These days, one of the major challenges for arrange directors is the rising costs related with arrange operations. The development of gadgets and information is outpacing the IT capabilities, making it troublesome for the organize group to handle operations physically. With the research analysis by the company, around 95 percent of network-related assignments are performed physically, causing operational costs of around 2 to 3 times more than the cost of the arrange. Centrally and remotely managed IT computerization could be a must for companies to keep pace within the fast-moving advanced world.

Comprehensive Analysis of Network Automation Market

Based on the component, the market has been fragmented into arrangements and administrations. owing to the developing selection of computerization arrangements by organize operation groups to convey aiming results. the arrangements portion is anticipated to hold the most extreme arrange robotization market share. Based on the arrange sort, the market has been categorized into the private arrange, virtual organize, and crossover organize. Based on the arrangement sort, the market has been bifurcated into on-premises and cloud. Among these, the on-premises fragment rules the market owing to its capacity to supply way better control over information and frameworks. Based on organization measure, the showcase has been bifurcated into expansive undertakings and SMEs. The market has been fragmented into IT and telecom, BFSI, fabricating, vitality and utilities, healthcare, instruction, and other businesses. Among these, the IT and telecom fragment holds the maximum advertise share because, IT and telecom service suppliers are the early adopters of these arrangements.

North America holds the major network automation market share with a valuation of USD 1.33 Billion and is anticipated to preserve its dominance amid the estimate period. The multiplying ratio of information centers, a fast-paced move of SMEs towards digitalization, and the expanding speculation in 5G ventures are a few of the variables driving the market development within the region.

The major market players lined up across the world ruling out the market structure are enlisted as: 6Connect, Inc. (U.S.), Anuta Networks International, LLC (Ireland), AppViewX, Inc. (U.S.), Apstra, Inc. (U.S.), Arista Networks, Inc. (U.S.), BlueCat Networks, Inc. (Canada), BMC Software, Inc. (U.S.), Cisco Systems, Inc. (U.S.), Cumulus Networks, Inc. (U.S.), Entuity, Inc. (U.K.), Fujitsu Ltd (Japan), HCL Technologies, Ltd (India), HelpSystems, LLC. (U.S.), IBM Corporation (U.S.), Infoblox (U.S.), Intraway Corporation (Argentina) and IPsoft, Inc. (U.S.).

In the month of June 2020, Cisco reported the dispatch of the unused intent-based organizing arrangements to empower optimization of commerce and organize operations. This arrangement would permit end-users to have more prominent control over operations whereas giving upgraded security and bits of knowledge to drive superior advanced encounters.

SEGMENTATION TABLE

ATTRIBUTE DETAILS

Study Period 2016–2027

Base Year 2019

Forecast Period 2020–2027

Historical Period 2016– 2018

Unit Value (USD billion)

Segmentation Component; Network Type; Deployment; Organization Size; End User and Region

By Component

Solution

Network Automation Tools

Intent-Based Networking

Services

Professional

Managed

By Network Type

Physical Network

Virtual Network

Hybrid Network

By Deployment

On-Premises

Cloud

By Organization Size

Large Enterprise

SMEs

By End User

IT and Telecom

BFSI

Manufacturing

Energy and Utilities

Healthcare

Education

Others

By Region

North America (Component; Network Type; Deployment; Organization Size; End User; and Country)

US (By Network Type)By Network Type

Canada (By Network Type)

Mexico (By Network Type)exico

South America (Component; Network Type; Deployment; Organization Size; End User; and Country)

Brazil (By Network Type)

Argentina (By Network Type)

Rest of South America

Europe (Component; Network Type; Deployment; Organization Size; End User; and Country)

UK (By Network Type)

Germany (By Network Type)

France (By Network Type)

Italy (By Network Type)

Spain (By Network Type)

Russia (By Network Type)

Benelux (By Network Type)

Nordics (By Network Type)

Rest of Europe

The Middle East and Africa (Component; Network Type; Deployment; Organization Size; End User; and Country)

Turkey (By Network Type)

Israel (By Network Type)

GCC (By Network Type)

North Africa (By Network Type)

South Africa (By Network Type)

Rest of MEA

Asia Pacific (Component; Network Type; Deployment; Organization Size; End User; and Country)

China (By Network Type)

Japan (By Network Type)

India (By Network Type)

South Korea (By Network Type)

ASEAN (By Network Type)

Oceania (By Network Type)

Rest of APAC