Network Automation Market Growth Revenue 2018-2024 By Key Companies – Arista Networks, BMC Software, Cisco, Cumulus Networks, Fujitsu Global, HCL Technologies, IBM, Intraway, IPsoft, Juniper Networks, Puppet, Red Hat, SolarWinds
Sample Copy of this Report @ https://www.gminsights.com/request-sample/detail/2805
The virtual network infrastructure segment is expected to register a CAGR of more than 29% over the forecast timeline. Virtual networks allow businesses to communicate within the same network without any ambiguity. For instance, Hackensack University Medical Center adopted Citrix Systems’ virtual computing mechanism to assist its patients online. Moreover, the implementation of virtual networks into existing networks also assists organizations to address the networking issues by eliminating unused IPs and network interfaces.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
2. Anuta Networks
4. Arista Networks
5. BlueCat Networks
6. BMC Software
7. Cisco Systems Inc.
8. Cumulus Network
9. EfficientIP Entuity
12. HCL Technologies
14. IBM Corporation
17. IPsoft Inc.
19. Juniper Networks
20. Micro Focus International plc
21. NetBrain Technologies
22. Network to Code
25. Red Hat Inc.
26. Riverbed Technologies
27. SolarWinds Worldwide LLC
28. Veriflow Systems
Make an inquiry for buying this report @ https://www.gminsights.com/inquiry-before-buying/2805
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%. Furthermore, the deployment of third-party vendors enables the businesses to cut down their operational cost by around 60%. Automation Anywhere, TCS, Wipro, and Salesforce.com are some of the key vendors that offer highly secure and scalable data to enterprises.
The BFSI sector held a market share of over 18% in 2017. The growth of the market is credited to the increasing digitalization among financial institutions. The digitalization of the banking sector will assist the banks to automate their front and back office operations. The adoption of automation in the banking industry will assist the vendors to automate their IT Operations. increasing the productivity and efficiency of the business IT operations by around 60%.
Industry Growth drivers -
1. Surge in adoption of smart connected devices
2. Rise in investment by network automation solution vendors
3. Increasing demand of network virtualization & SDN infrastructure
4. Escalation in error rates by manual systems
5. Increasing adoption of cloud-based services
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.
Browse key industry insights spread across 310 pages with 432 market data tables & 42 figures & charts from the report, “Network Automation Market Size By Type (Local Area Network (LAN), Wide Area Network (WAN), Data Center Networks, Cloud Networks, Wireless Networks), By Component (Software [Intent-based networking, SD-WAN, Network Automation Tools], Service [Professional Service, Managed Service]), By Network Infrastructure (Physical Network, Virtual Network, Hybrid Network), By Application (Manufacturing, Telecom & IT, Healthcare, Energy & Utilities, BFSI), By Deployment Type (On-Premise, Cloud), Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Italy, Spain, China, Japan, Australia & New Zealand (ANZ), South Korea, India, Taiwan, Brazil, Mexico, GCC, South Africa), Growth Potential, Competitive Market Share & Forecast, 2018 – 2024” in detail along with the table of contents:
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Corporate Sales, USA
Global Market Insights, Inc.
Toll Free: 1-888-689-0688
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Network Automation Market Growth Revenue 2018-2024 By Key Companies – Arista Networks, BMC Software, Cisco, Cumulus Networks, Fujitsu Global, HCL Technologies, IBM, Intraway, IPsoft, Juniper Networks, Puppet, Red Hat, SolarWinds here
News-ID: 1333796 • Views: 4869
More Releases from Global Market Insights, Inc.
Hypochlorite Bleaches Market to hit US$ 300 Mn 2025 | Top Key Players like Adity …
As per the research report by Global Market Insights, Inc., Global Hypochlorite Bleaches Market to cross USD 300 million by 2025 and grow at 3.4% CAGR from 2019 to 2025. It has been projected that the Global hypochlorite bleaches market is expected to reach a consumption of around 485-kilo tons by 2025. Water scarcity as well as rising water costs have led to more emphasis being laid on water recycling and
Feminine Hygiene Products Market: Growing awareness regarding intimate health in …
Global Market Insights, Inc., announces an ongoing comprehensive report on the Feminine Hygiene Products Market. One of the most hushed topics across the world is female hygiene, the negligence of which results in several diseases. Studies claim that nearly 30% to 60 % women across the globe develop urinary tract infection once in their lifetime, mainly due to negligence in proper intimate hygiene. Dearth of knowledge regarding the negative consequences of
Examination Gowns Market 2020 business trends & growth opportunities to 2026
Global Market Insights, Inc., announces an ongoing comprehensive report on the Examination Gowns Market. The exposure to various kinds of hospital acquired infections has led to a spate of health problems for the healthcare professionals as well has the patients. In this regard, experts have been massively shifting to adoption of personal protective equipment or clothing, examination gowns, protecting them from all kinds of infections. These gowns are present in the
Nonwoven Packaging Market to witness increased demand from pharmaceutical sector …
Global Market Insights, Inc., announces an ongoing comprehensive report on the Nonwoven Packaging Market. With the world struggling to fight against negative consequences of industrialization and increased carbon emissions, nonwovens or nonwoven fabrics have emerged as an intrinsic solution for all ecological imbalances across the globe. These fabrics are made from staple fiber and long fibers, merged together by chemical, heat, or mechanical treatment. These are generally used in textile manufacturing
More Releases for Network
Water Network Management, Water Network Management trends, Water Network Managem …
MarketStudyReport.com adds a new 2018-2023 Global Water Network Management Market Report focuses on the major drivers and restraints for the global key players providing analysis of the market share, segmentation, revenue forecasts and geographic regions of the market. This report presents a comprehensive overview, market shares, and growth opportunities of by Water Network Management product type, application, key manufacturers and key regions. Over the next five years, Water Network Management will
Application Delivery Network
ReportsWeb.com has added a new report titled “Global Application Delivery Network Report”, to the database, the report focuses on Product Price, Profit, Capacity, Production, Capacity Utilization, Supply, Demand and Industry Growth. Application Delivery Network combine various technologies of WAN Optimization, Application Delivery Controllers, Application Performance Monitoring and Application Security to form a comprehensive solution that effects faster and secured application
MES Joins SafeTRANS Network
Berlin (Germany), April 28, 2015: Model Engineering Solutions (MES), specialists in embedded software from Berlin, has become a member of the international competence network SafeTRANS. SafeTRANS is an association of prestigious enterprises and scientific institutions that ensures exchange between research and industry in embedded systems for transportation. The goal of the network is to increase the safety of transportation with the help of cutting-edge technology and optimized processes. Focus of the
PR 24x7 Network Limited
PR Agency in India PR 24x7 Network Limited is today North India's largest network, Public Relations Company. It has not only team of dedicated 75 members, but strong network spread over 22 cities also, through which company has been serving the country by effective PR services. PR 24x7 Network Limited is ISO 9001:2008 Certified company for global standard and Asia's first company to have SA 8000:2008
Roteck's New European Network
Roteck recently announced its new European network, confirming Roteck as an international force in the inspection and detection industry. The network aims to provide Europe with security options previously lacking as well as filling certain niche markets. Already in effect, Roteck has established connections in several key European states, including France, Germany and Italy. Roteck looks forward to strengthening ties with Europe while offering innovative new products in addition
Next Generation Network expanded
MEDIA BROADCAST connects its NGN platform with international telecommunications network node in Frankfurt Bonn, 25 March 2009 – MEDIA BROADCAST has now connected its BROADCAST NGN (Next Generation Network) with the international telecommunications network node from ancotel, operator of the biggest data and telecommunications node in Europe. The NGN, which was conceived by MEDIA BROADCAST as an all-in-one network, is available throughout Germany and provides uncompromising service to radio,