Network Automation

Network Automation

Global Network Automation Market to Reach US$35.6 Billion by 2030

The global market for Network Automation estimated at US$9.1 Billion in the year 2023, is expected to reach US$35.6 Billion by 2030, growing at a CAGR of 21.4% over the analysis period 2023-2030. Solutions Component, one of the segments analyzed in the report, is expected to record a 20.9% CAGR and reach US$19.6 Billion by the end of the analysis period. Growth in the Services Component segment is estimated at 22.1% CAGR over the analysis period.

The U.S. Market is Estimated at US$2.6 Billion While China is Forecast to Grow at 20.9% CAGR

The Network Automation market in the U.S. is estimated at US$2.6 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$5.5 Billion by the year 2030 trailing a CAGR of 20.9% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 18.9% and 18.0% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 15.0% CAGR.

Global Network Automation Market - Key Trends & Drivers Summarized

What Is Network Automation, and Why Is It Transforming IT Infrastructure?
Network Automation refers to the use of software and tools to automate the configuration, management, and testing of network devices and services. By reducing the need for manual intervention, network automation allows organizations to streamline network operations, improve efficiency, and minimize errors. It is essential for managing increasingly complex and dynamic network environments, particularly in industries relying on large-scale networks and cloud infrastructure. Network automation is transforming IT infrastructure by enhancing scalability, improving security, and enabling faster response times to network issues. It is becoming a critical part of enterprise network management, enabling businesses to adapt to the growing demands of digital transformation.

How Is Network Automation Revolutionizing IT Operations?
Network automation is revolutionizing IT operations by providing organizations with tools to efficiently manage complex networks in real-time. As networks grow larger and more intricate, manual management becomes untenable, leading to inefficiencies and higher risks of downtime or errors. Automation allows IT teams to deploy, configure, and monitor network devices without manual intervention, drastically reducing human error and improving overall network performance. It also enables rapid troubleshooting, ensuring faster identification and resolution of network issues. For large organizations with geographically distributed networks, automation ensures consistent network policies and configurations across all locations. This capability is essential for industries like finance, telecom, and e-commerce, where downtime or security lapses can have significant financial repercussions.

What Trends Are Driving Innovation in the Network Automation Market?
Several trends are driving innovation in the network automation market, including the growing adoption of artificial intelligence (AI) and machine learning (ML) for predictive analytics and automated network management. AI-driven automation allows networks to self-diagnose potential issues, predict capacity requirements, and optimize performance in real-time. Another significant trend is the rise of Software-Defined Networking (SDN) and Network Functions Virtualization (NFV), which decouple network management from hardware, allowing for more flexible, scalable, and programmable networks. The increasing complexity of multi-cloud and hybrid cloud environments is also pushing organizations towards network automation to manage these environments more efficiently. Furthermore, the need for enhanced security in the face of growing cyber threats is encouraging companies to adopt automated solutions that can quickly detect and respond to security incidents.

What Factors Are Driving the Growth of the Network Automation Market?
The growth in the Network Automation market is driven by several factors, including the increasing complexity of network infrastructures, the demand for faster service delivery, and the rise of cloud-based applications. As enterprises scale their operations and migrate to multi-cloud environments, the need for automated network management solutions has intensified. The growing importance of agility in network operations is driving organizations to adopt automation to reduce deployment times and improve service quality. The expansion of 5G networks is also contributing to market growth, as telecom companies require automated systems to manage the vast number of connected devices and ensure consistent network performance. Additionally, the increasing focus on cybersecurity and the need for faster response to potential threats is pushing businesses to implement automation tools that can quickly adapt to evolving security challenges.

Select Competitors (Total 74 Featured) -

• Apstra, Inc.
• BlueCat Networks, Inc.
• BMC Software, Inc.
• Cisco Systems, Inc.
• Entuity Ltd.
• IBM Corporation
• Juniper Networks, Inc.
• Micro Focus International PLC
• NetBrain Technologies Inc.
• Riverbed Technology
• SolarWinds Worldwide LLC
• Veriflow Systems, Inc.

Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

The latest version of Adobe Acrobat Reader is required to view the report. Upon ordering an electronic version, the Publisher will provide a link to download the purchased report.

Prior to fulfillment of an order, the client will be required to sign a document detailing the purchase terms for a publication from this publisher.