Network Automation Market Trends, Demand and Key Players: Cisco, Juniper Networks, IBM, Micro Focus International, NetBrain, SolarWinds Worldwide, Riverbed, BMC, Apstra, BlueCat, Entuity, Veriflow, 6Connect, Anuta

Market Overview: -

Network Automation Market growth is attributed to the growing adoption of network function virtualization (NFV) and software-defined networking to modernize the IT environment of the enterprises. The NFV technology enables the service providers to consolidate the several network equipment into a single physical hardware. Furthermore, supportive government initiatives for the commercialization of 5G network technology to reduce the OPEX and CAPEX also foster the market growth. In addition, the flexibility and scalability offered by the technology also augment the demand for the market. Network automation market is projected to surpass USD 7 billion by 2024. The growth in this market is attributed to an upsurge in the demand for NFV and SDN technologies. Software Defined Networking (SDN) is a network architecture that allows IT organizations to substitute complex networks.

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Top Key Players: -

The key players operating in the network automation market are Cisco, Juniper Networks, IBM, Micro Focus International, NetBrain, SolarWinds Worldwide, Riverbed, BMC, Apstra, BlueCat, Entuity, Veriflow, 6Connect, Anuta, Puppet, Gluware, Help Systems, Wavestone, IpSoft, Fujitsu, Redhat, Intraway, Arista, Network to Code, Infloblox, Cumulus, Onapsis Efficient IP, Itential, and HCL.

Market share calculation in this report is not done based on companies covered in it. The calculation of network automation market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.

Regional Segmentations: -

The Asia Pacific network automation market is expected to record a CAGR of more than 28% over the forecast period. The surge of investments in the 5G technology will propel the market growth of automation vendors in this region. For instance, Japan’s leading telecom providers invested around USD 45.5 billion to boost the 5G infrastructure in their country. Furthermore, macroeconomic factors such as urbanization and an upsurge in disposable income of end users will have a strong impact on the market growth.

North America dominates the network automation market due to the presence of large key players in this region. The advancements in recent technologies such as IoT, AI, and SD-WAN are projected to offer an ample number of opportunities to the key players in this market. Canada is projected to witness the highest market growth with a CAGR of more than 22%.

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Partial Chapter of the Table of Content

Chapter 1. Methodology & Scope
1.1. Methodology
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Scope
1.1.5. Definitions
1.1.6. Methodology & forecast parameters
1.2. Data Sources
1.2.1. Primary
1.2.2. Secondary
1.2.2.1. Paid sources
1.2.2.2. Public sources
Chapter 2. Executive Summary
2.1. Network automation industry 360º synopsis, 2013 - 2024
2.1.1. Regional trends
2.1.2. Type trends
2.1.3. Component trends
2.1.3.1. Software trends
2.1.3.2. Services trends
2.1.4. Network infrastructure trends
2.1.5. Deployment type trends
2.1.6. Application trends
Chapter 3. Global Network Automation Industry Insights
3.1. Introduction
3.2. Industry segmentation
3.3. Industry landscape, 2013 - 2024
3.4. Industry ecosystem analysis
3.5. Network automation architecture analysis
3.6. Network automation evolution
3.7. Network automation standards
3.7.1. Fiber Channel over Ethernet (FCoE)
3.7.2. Data Center Bridging
3.7.3. Network Virtualization Using Generic Routing Encapsulation (NVGRE)
3.7.4. Virtual Extensible Local Area Network (VXLAN)
3.7.5. Virtual Edge Port Aggregator (VEPA)
3.7.6. Transparent Interconnection of Lots of Links (TRILL)
3.8. Technology & innovation landscape
3.8.1. Intent-based networking
3.8.2. SDN & NFV
3.8.3. Cutting edge technology
3.9. Industry impact forces
3.9.1. Growth drivers
3.9.1.1. Surge in adoption of smart connected devices
3.9.1.2. Rise in investment by network automation solution vendors
3.9.1.3. Increasing demand of network virtualization & SDN infrastructure
3.9.1.4. Escalation in error rates by manual systems
3.9.1.5. Increasing adoption of cloud-based services
3.9.2. Industry pitfalls & challenges
3.9.2.1. Lack of skilled professionals
3.9.2.2. Presence of open automation tools
3.10. Porter’s analysis
3.11. PESTEL analysis

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The service segment in network automation market is projected to register a CAGR of more than 30% due to a rise in outsourcing activities of networking companies. Traditional IT service providers, technology specialist vendors, automation product vendors and enterprise product vendors are some of the third-party IT service providers offering networking solutions to their end users. The outsourcing of back-end functions to third-party IT service providers boost their operational efficiency and reduce the deployment costs by around 40%.

The cloud network segment is projected to witness the highest market growth with a CAGR of more than 31% during the forecast period. The growth in this segment is attributed to an increased demand for the adoption of cloud-based services by start-ups and SMEs. An increase in the demand for Infrastructure as a Service (IaaS) and Platform as a Service (PaaS) in private and public sectors has driven the market growth of cloud-based solutions in the market.

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