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Network Automation Market Share, Size, Trends, Opportunities Forecast (2017-2022)

Author: Siddharth Mnm
by Siddharth Mnm
Posted: Mar 15, 2019

According to recent market research report "Network Automation Market by Solution (SD-WAN, Network Automation Tool, Intent-Based Networking), Network Infrastructure (Physical, Virtual, Hybrid Network), Service, Deployment, Vertical, and Region - Global Forecast to 2022", The network automation market size is expected to grow from USD 2.32 Billion in 2017 to USD 16.89 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 48.7% during the forecast period.

Major drivers of the network automation market include the critical need for network bandwidth management and network visibility, and growing adoption of smart connected devices across industry verticals. Moreover, increasing adoption of virtual and software-defined network infrastructure and network downtime caused through human errors are also some of the factors that are expected to drive the market.

Browse and in-depth TOC on "Network Automation Market"

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"Network Automation Market by Solution (SD-WAN, Network Automation Tool, Intent-Based Networking), Network Infrastructure (Physical, Virtual, Hybrid Network), Service, Deployment, Vertical, and Region - Global Forecast to 2022"

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Intent-based networking segment is expected to be the fastest growing solution in the network automationmarket during the forecast period

Intent-based networking offers enhanced access control, scalability, security, and multi-vendor device management in an enterprise network. The intent-based networking takes business policy as its inputs, converts the requirement to a network configuration, and generates a network design. The system is capable of taking action dynamically, enforcing the intent in real-time by rerouting traffic, blocking malware traffic, or modifying capacity. Intent-based networking is a nascent technology which promises to improve network availability and agility, which are the concerns for modern day enterprises.

The deployment and integration professional service is expected to hold the largest market share in the network automation market during the forecast period

Deployment and integration services are basic and the most crucial aspect of enforcing community automation answers to optimize their network technologies. While deploying subsequent generation networking solution offerings, regulatory and enterprise compliances set with the aid of regulatory bodies and organizations are considered. Provision of those answers successfully desires targeted information of the enterprise strategies and calls for safety evaluation. Integration offerings play an crucial function in community automation, because it facilitates to establish relaxed and dependable connectivity among network automation answers and multi-supplier network gadgets.

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North America is expected to hold the largest market share in the network automation market during the forecast period.

North America is anticipated to keep the largest market percentage and dominate the network automation marketplace during the forecast period. The boom of evolving low-electricity excessive-variety IoT technology and automation is bringing fundamental technological revolution on this region. The region accommodates advanced economies (the United States and Canada). These countries are witness substantial boom inside the adoption fee of network automation solutions and offerings. The US and Canada have predominant dominance with sustainable and nicely-set up economies, empowering them to strongly invest in R&D activities, thereby contributing to the development of new technologies. The emergence of trending technology, together with SaaS-primarily based software, cloud networking, network analytics, DevOps, and virtualization, has encouraged customers and corporations in North America to adopt community automation solutions, consisting of SD-WAN, network automation gear, and rationale-based networking for gaining higher insights into an organisation network.

Major vendors in the network automation market include Cisco (US), Juniper Networks (US), IBM (US), Micro Focus (UK), NetBrain Technologies (US), SolarWinds (US), Riverbed Technology (US), BMC Software (US), Apstra (US), BlueCat (Canada), Entuity (UK), and Veriflow (US).

Opportunities

Investments in R&D and Emergence of Innovative Automation Solutions

Adoption of Advanced Networking Solutions Among Smes

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About the Author

I am Siddharth from Marketsandmarkets

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Author: Siddharth Mnm

Siddharth Mnm

Member since: Feb 11, 2019
Published articles: 103

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