Press release
Network Automation Market Application, Opportunity And Forecast To 2023 – Key players profiled in the report are Juniper Networks, IBM, SolarWinds, Network Automation, Micro Focus, NetBrain, Apstra, Arista Networks
Network Automation MarketThe global network automation market is expected to grow at a CAGR of over 48.7%, during the forecast period (2018 - 2023). The scope of the report is limited to solutions offered by various market players from various end-user sectors including IT & Telecommunication, manufacturing, energy & utilities, and banking and financial services. The regions considered under the scope of the report include Asia-Pacific, North America, Europe, South America, and Middle East & Africa.
Network automation is a method in which tasks are performed automatically. The network automation software automatically configures provisions, manages and tests electronic network devices. Network automation tools enable network operations staff to gain process and configuration agility, while ensuring compliance. By combining computer hardware and software-based solutions, large enterprises, service provider, and organizations can implement electronic network automation to restraint and manage repetitive processes. This technology is used to improve efficiency, network service availability, and reduce human errors by many organizations.
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Notable Developments in Network Automation Market
April 2018: Susman, the leader of plaintiff NetFuel Inc., takes on Cisco over network automation patents, charging that numerous Cisco routers and switches infringe two of its patents on automating the management of networking systems.
January 2018: Verizon joined the Open Network Automation Platform (ONAP) project as platinum member, under the direction of The Linux Foundation, in part to boost industry efforts around software-defined networking (SDN) and network functions virtualization (NFV).
Top Industry Players:
Cisco System Inc, Juniper Networks, IBM Corporation, Hewlett Packard Enterprise Development LP,SolarWinds, Network Automation, Micro Focus, NetBrain, Apstra, Arista Networks Inc., Extreme Networks Inc., BMC Software, Inc. amongst others.
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IT & Telecommunication Sector to Dominate the Market over the Forecast Period
Telecom companies and managed service providers live and die by their networks. Downtime is considered fatal to business, with slow performance a close second. As more and more services are introduced and network traffic skyrockets, service providers need intimate network knowledge and end-to-end visibility to maximize uptime, reduce mean time to repair (MTTR), and avoid SLA violations. One of the most important factor driving the growth of the market is human errors. By reducing human errors, organizations can offer a higher level of services and enhances business stability.
The network automation market in the IT sector cater the need for network bandwidth management as well as 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 by human errors are also some of the factors that can be resolved using the advances in the automation technologies.
North America to Appear as one of the Leading Region in the Network Automation Market
Due to rising growth in the adoption rate of network automation solutions and services in North America, the emergence of trending technologies, along with the SaaS-based application, cloud networking, network analytics, DevOps, and virtualization, has authorized users and businesses in North America to undertake network automation solutions. Investment in R&D and evolution of innovative automation solution are the opportunities in the North America region market.
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