Network Automation Market to 2022 – Growing Steady at 48.7% CAGR and Projected to Reach US$ 16.89 Billion
ReportsnReports offers a latest published report on “Network Automation Market ” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 142 Pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability.
The Global Network Automation Market size is expected to grow from US$ 2.32 Billion in 2017 to US$ 16.89 Billion by 2022, at a CAGR of 48.7% during the forecast period. This report spread across 142 Pages, Profiling 12 Companies and Supported with 71 Tables and 46 Figures is now available in this research.
“The intent-based networking segment is expected to grow at the highest CAGR 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, enforce the intent in real time by rerouting traffic, blocking malware traffic, or modifying capacity.
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“Physical network infrastructure and automation segment is expected to hold the largest market size in the network automation market during the forecast period”
The Physical Network Configuration and automation segment is based on the requirement and need to enable the setup and configuration, patching, rollout and rollback, resource use, and change history of the physical network infrastructure. These solutions capture data and dependency information into the snapshots that let network administrators to establish configuration baselines and gold standard for continuous change tracking and to detect configuration drifts in multivendor network devices.
“North America is expected to hold the largest market size, and Asia-Pacific (APAC)is projected to grow at the highest CAGR during the forecast period”
North America is expected to hold the largest market share in the network automation market during the forecast period. The growth of evolving low-power high-range IoT technologies and automation bringing major technological revolution in this region.
Asia Pacific (APAC) is expected to be the fastest growing region in the network automation market, as various enterprises in this region are implementing network automation solutions across their networks. The high adoption rate of new technologies has made this region a lucrative market for IT companies. Rapidly growing web, telecom, data centers, and IoT in APAC drives the need to monitor, protect, and manage these applications from vulnerabilities. It is a major concern for enterprises.
Breakdown of Primary Participants’ Profile:
• By Company: Tier 1 – 30 %, Tier 2 – 40%, and Tier 3 – 30%
• By Designation: C-Level – 72%, Director Level – 14%, and Others – 14%
• By Region: North America – 57%, Europe – 14%, and APAC – 29%
The Main Objective of the report is to define, describe, and forecast the network automation market size by components (solutions and services), network infrastructure, organization size, deployment types, verticals, and regions. The report provides detailed information on the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the market. The report attempts to forecast the market size with respect to 5 main regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. The report strategically profiles the key market players and comprehensively analyzes their core competencies.
Competitive Landscape of Network Automation Market :
2 Market Ranking for Network Automation Market, 2017
3 Competitive Scenario
3.1 New Product Launches
3.3 Mergers and Acquisitions
3.4 Agreements and Partnerships
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Target Audience For Network Automation Market: Network solution providers, Telecommunication providers, Mobile network operators, Cloud service providers, Enterprise data center professionals, Third-party network testing service providers, Managed Security Service Providers (MSSPs), IT suppliers, Consultancy and advisory firms, Regulatory agencies, Technology consultants, Government.
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