Network Automation Market Forecasts to 2028 – Global Analysis By Network Type (Physical, Virtual and Other Network Types), Solution Type (Network Automation Tools, SD-WAN & Network Virtualization and Other Solution Types), Service Type (Managed Service, P

Network Automation Market Forecasts to 2028 – Global Analysis By Network Type (Physical, Virtual and Other Network Types), Solution Type (Network Automation Tools, SD-WAN & Network Virtualization and Other Solution Types), Service Type (Managed Service, Professional Service and Other Service Types), Deployment, End User and By Geography

According to Stratistics MRC, the Global Network Automation Market is accounted for $3.21 billion in 2022 and is expected to reach $12.16 billion by 2028 growing at a CAGR of 24.8% during the forecast period. Network automation is the process of using software to automate network and security provisioning and management in order to continuously maximize network efficiency and functionality. Network automation has been used in combination with network virtualization. Additionally, it enables lively and flexible operations that meet company expectations, cut operational costs, and improve effectiveness and efficiency.

According to the Verizon Network Report, April 22, the overall data volume across its networks increased by 19% compared to pre-COVID levels. While data usage remains elevated, the changes in how people use the network have stabilized. Verizon expects the user to continue at sustained higher levels in the future.

Market Dynamics:

Driver:

Growing investments in emerging automation solutions

Model-driven network with fully programmable and modern applications like artificial intelligence (AI) and machine learning (ML) support these solutions' data analysis. As a result, the businesses are better able to deliver forecast analyses, comprehend develop patterns, and offer advice to network management teams. It enhances operational effectiveness, boosts network service availability, and lowers the possibility of human mistake, all of which promote customer satisfaction. IT companies have started putting money into automation solutions to increase efficiency, reduce mistake, and free up more human resource management for other projects. Thus, increase in the investments in automation solutions to drive the market growth.

Restraint:

Complications coupled with Network Automation

Some businesses have distrust in automated systems' ability to spot security concerns or consider putting too many limitations on the network. Additionally, installing automated solutions or systems in the organisation helps in the hiring of professionals or in the training of current network teams, ultimately raising the costs of the business. It would be significantly more challenging for the networking team to maintain infrastructure if there were no clearly established standards that all networking manufacturers had to comply to. It can occasionally result in configuration errors, which causes the network to collapse right away thereby hindering the market growth.

Opportunity:

Burst in implementation of Connected Device

The connected devices are growing at a faster pace than the overall population. The exponential increase in connected devices demands a new approach focused on automation and self-servicing capabilities to supervise and control the complicated operations of cloud services and networks. Network automation systems can assist the maintenance of both both physical and virtual network devices, aiding networking professionals to stay up with this development. Thus, the rapid use of connected devices is expected to accelerate the growth of the worldwide network automation market.

Threat:

Availability of open source automation tools

Effective open source network monitoring solutions have been created by a number of open source technology developers that are thought to be preferable to their most expensive commercial counterparts. The market for commercial network automation solutions is being constrained by the availability of such affordable and open-sourced technologies. However, some manufacturers are attempting to profit from open source network solutions by making for-profit upgrades to these goods are hindering the network automation market growth.

Covid-19 Impact

Due to the growing use of internet subscribers, networking services, and remote access services in sectors like manufacturing, BFSI, and others, the COVID-19 pandemic had a positive effect on the IT and telecommunication sectors. The construction of adequate communication systems and solutions for technological developments in 5G services came about as a result of the continuous changeover from traditional company operations to online platforms. The companies that provided communication services were essential in maintaining the network infrastructure and positively impacted in the global market.

The Network automation tools segment is expected to be the largest during the forecast period

The Network automation tools segment is estimated to have a lucrative growth, due to their application in helping to automate provisioning, configuration, troubleshooting, operations, maintenance, validation and reporting of network components. An automated network can boost consistency, performance and security. Network automation also lets businesses conduct complicated network analysis using data from numerous sources, such as routers, logs, configuration files and user devices which are accelerating the growth of the network automation market.

The IT & telecom segment is expected to have the highest CAGR during the forecast period

The IT & telecom segment is anticipated to witness the fastest CAGR growth during the forecast period, due to their adoption to the telecom service providers, almost all sectors' IT departments have started building virtualized data centres with analytics to enable networks withstand new demands and obstacles in order to establish modern responsive network architecture, advantages such as improved efficiency in communication is everything in the market, improves team work, saves time, costs and office space. Hence all the above advantages are driving the market growth.

Region with highest share:

Asia Pacific is projected to hold the largest market share during the forecast period owing to the increasing penetration of network automation solutions and services and the emergence of start-ups adopting network automation in the region. India and China have an extensive and distributed customer base driving the demand and creating new regional opportunities. Additionally, the untouched potential of the area is creating new investment opportunities for improved communication networks using big data, machine learning (ML), and artificial intelligence (AI). Global corporations are increasing their presence all through APAC region, creating a large consumer base and internet subscribers that create profitable market opportunities in this region.

Region with highest CAGR:

Europe is projected to have the highest CAGR over the forecast period, owing to the increasing acceptance of automation solutions by telecom service providers to deliver better services to the end-user. Also, the CSPs in this region are focusing on getting better the efficiency of the active spectrum. The rising need for fulfilment management and optimized network owing to the growing internet subscribers is one of the major factors enhancing the growth of the market in this region.

Key players in the market

Some of the key players profiled in the Network Automation Market include IBM Corporation, Hewlett Packard Enterprise Development LP, Cisco Systems Inc., Juniper Networks Inc., SolarWinds Inc., Micro Focus International PLC, Extreme Networks Inc., Arista Networks Inc., NetBrain Technologies Inc, Network Automation Inc, Nuage Networks (NOKIA CORPORATION), BMC Software Inc, Forward Networks Inc, AppViewX Inc, VMware Inc. + Saltstack and Fujitsu Limited .

Key Developments:

In Dec 2022, IBM and Rapidus Form Strategic Partnership to Build Advanced Semiconductor Technology and Ecosystem in Japan This work will leverage IBM's decades of expertise in semiconductor research and design. In 2021, IBM announced that it had developed the world's first 2 nm node chip, which is projected to achieve 45% better performance or 75% more energy efficiency than leading 7 nm chips.

In Dec 2022, IBM to Acquire Octo announced an agreement to acquire Octo, a U.S.-based IT modernization and digital transformation services provider exclusively serving the U.S. federal government, including defense, health, and civilian agencies. IBM's acquisition of Octo establishes one of the largest digital transformation partners to the federal government.

In Dec 2022, T-Mobile and Cisco Launch World’s Largest Cloud Native Converged Core Gateway taking the Un-carrier’s 5G standalone core to the next level. T-Mobile has moved all of its 5G and 4G traffic to the new cloud native 5G converged core, boosting performance for its customers.

Network Types Covered:
• Physical
• Virtual
• Hybrid
• Other Network Types

Solution Types Covered:
• Network Automation Tools
• SD-WAN & Network Virtualization
• Intent-Based Networking
• Other Solution Types

Service Types Covered:
• Managed Service
• Professional Service
• Other Service Types

Deployments Covered:
• Cloud
• On-premise
• Hybrid
• Other Deployments

End Users Covered:
• Banking & Financial Services
• IT & Telecom
• Manufacturing
• Energy & Utility
• Education
• Other End Users

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements