Press release
2024 Projections: Network Automation Market Report for Apstra, Arista Networks, BMC Software, Cisco Systems, Inc, Cumulus Network, Entuity, Fujitsu, Gluware, HCL Technologies, HelpSystems, IBM Corporation, Intraway, IPsoft, Inc, Juniper Networks
MarketStudyReport.com Adds New Network Automation Market 2018- 2024 research report providing information and By Product, By Application, By Region, Industry Analysis, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast spreading across 457 Pages with table and figures in it.
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Companies profiled in this research and active in the 6Connect, Anuta Networks, Apstra, Arista Networks, BlueCat Networks, BMC Software, Cisco Systems, Inc, Cumulus Network, EfficientIP, Entuity, Fujitsu, Gluware, HCL Technologies, HelpSystems, IBM Corporation, Infloblox, Intraway, IPsoft, Inc, Itential, Juniper Networks, Micro Focus International plc, NetBrain Technologies, Network to Code, Onapsis, Puppet industry participants have adopted the strategy of frequent product launches in order to improve customer satisfaction and promote market growth. Moreover, manufacturers are also investing in technological innovation to improve product quality and ensure regulatory compliance.
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%. The growth in this segment is attributed to a surge in the Foreign Direct Investment (FDI) to boost the manufacturing sector. Cisco Systems, Juniper Networks, Apstra, BMC Automation, and IBM are some of the major key vendors of the network automation market in this region. Further, the emergence of industry 4.0 is anticipated to propel the growth of the market in the manufacturing sector. For instance, IEEE has developed a network architecture called Software Defined Industry Automation Network (SDIAN) to provide online dynamic configuration and real-time communication during the manufacturing process.
The software segment held a major market share of more than 76% in 2017 due to the presence of large organizations using legacy hardware network equipment and their reluctance to migrate and adopt cloud-based services. In this segment, Intent-Based Networking (IBN) is anticipated to observe the highest market growth with a CAGR of more than 29% during the forecast period. Intent-based networking is an extensive form of SDN network architecture that allows the enterprises to substitute the usage of complex networks by a centralized data-center network. The adoption of IBN systems enables the network administrator to deploy a scalable and flexible network architecture into the existing network infrastructure, reducing the deployment cost by around 60% and increasing the network uptime.
The virtual network is expected to witness the highest market growth with a CAGR of more than 29% over the forecast timeline. The growth in this segment is attributed to an upsurge in the demand for SDN architecture and the adoption of hyper-scale cloud networking. Further, a rise in the adoption of NFV technologies will have a positive impact on the growth of virtual networks in the market.
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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. It allows an enterprise to centralize the network infrastructure to control the rapid provisioning of network resources. Further, SDN technologies offer directly programmable and cost-effective techniques to perform various functions such as load-balancing, network address translation, and virtual private networks.
Outer scope of this report Moving a step ahead, the Linux Foundation has brought together network automation and cloud-based communities as network functions advance to cloud-native network functions. This recent development marks a further collaboration amid cloud and telecom industry players via LF Networking and CNCF (Cloud Native Computing Foundation), encouraging migration of VNFs to CNFs. In this context, it is prudent to mention that the network automation market is poised to witness abundant technological advancements in the ensuing years, which will further enhance its global reach and customer base.
Some of the 439 data tables provided in this Network Automation market research include:
TABLE 1 Network automation industry 360 synopsis, 2013 - 2024
TABLE 2 Network automation market, 2013 - 2024, (USD Million)
TABLE 3 Network automation market estimates by region, 2013 - 2024 (USD Million)
TABLE 4 Network automation market estimates by component, 2013 - 2024 (USD Million)
TABLE 5 Network automation market estimates by software, 2013 - 2024 (USD Million)
TABLE 6 Network automation market estimates by services, 2013 - 2024 (USD Million)
TABLE 7 Network automation market estimates by network infrastructure, 2013 - 2024 (USD Million)
TABLE 8 Network automation market estimates by application, 2013 - 2024 (USD Million)
TABLE 9 Network automation market estimates by deployment type, 2013 - 2024 (USD Million)
TABLE 10 Industry impact forces
TABLE 11 Network automation market estimates and forecast by region, 2013 - 2017(USD Million)
TABLE 12 Network automation market estimates and forecast by region, 2018 - 2024(USD Million)
TABLE 13 LAN market by region, 2013 - 2017, (USD Million)
TABLE 14 LAN market by region, 2018 - 2024, (USD Million)
TABLE 15 WAN market by region, 2013 - 2024, (USD Million)
TABLE 16 WAN market by region, 2018 - 2024, (USD Million)
TABLE 17 Data center network market by region, 2013 - 2017, (USD Million)
TABLE 18 Data center network market by region, 2018 - 2024, (USD Million)
TABLE 19 Cloud network market by region, 2013 - 2017, (USD Million)
TABLE 20 Cloud network market by region, 2018 - 2024, (USD Million)
TABLE 21 Wireless network market by region, 2013 - 2017, (USD Million)
TABLE 22 Wireless network market by region, 2018 - 2024, (USD Million)
TABLE 23 Intent based networking market by region, 2013 - 2017, (USD Million)
TABLE 24 Intent based networking market by region, 2018 - 2024, (USD Million)
TABLE 25 SD-WAN market by region, 2013 - 2017, (USD Million)
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Related Report:
Global and Chinese Network Automation Industry, 2018 Market Research Report
Global and Chinese Network Automation Industry, 2013-2023 Market Research Report' is a professional and in-depth study on the current state of the global Network Automation industry with a focus on the Chinese market. The report provides key statistics on the market status of the Network Automation manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.Firstly, the report provides a basic overview of the industry including its definition, applications and manufacturing technology. Then, the report explores the international and Chinese major industry players in detail. In this part, the report presents the company profile, product specifications, capacity, production value, and 2013-2018 market shares for each company. Through the statistical analysis, the report depicts the global and Chinese total market of Network Automation industry including capacity, production, production value, cost/profit, supply/demand and Chinese import/export. The total market is further divided by company, by country, and by application/type for the competitive landscape analysis. The report then estimates 2018-2023 market development trends of Network Automation industry. Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out. In the end, the report makes some important proposals for a new project of Network Automation Industry before evaluating its feasibility. Overall, the report provides an in-depth insight of 2013-2023 global and Chinese Network Automation industry covering all important parameters.
https://www.marketstudyreport.com/reports/global-and-chinese-network-automation-industry-2018-market-research-report?utm_source=RR-AN
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