Network Automation Market - Top Impacting Factors That Could Escalate Markets | IBM Corporation, CISCO System Inc., Juniper Network Inc., SolarWinds Inc., Hewlett Packard Enterprise Development LP

Network automation is the process of automating the configuration, management, testing, deployment, and operations of physical and virtual devices within a network. It is the methodology in which software automatically configures, provisions, manages, and tests network devices. It is used by different enterprises and service providers to improve efficiency and reduce human error and operating expenses. The tools of network automation functions are ranging from basic network mapping and device discovery, to more complex workflows such as network configuration management and the provisioning of virtual network resources. It plays an important role in software-defined network, network virtualization, and network orchestration, enabling automated provisioning of virtual network tenants and functions, such as virtual load balancing. It has several core benefits such as improved efficiency, reduced likelihood of human error, and lower operational costs.

Rise in adoption of smart and connected device, increase in the adoption of automation technologies such as artificial intelligence (AI) and machine learning, which enables enterprises to enhance troubleshooting of the network issues through real-time data monitoring are major factors that drive the growth of the network automation market. In addition, increase in number of start-ups offering solution for network automation and network downtime caused due to human errors fuel the growth of the network automation market. However, availability of open source automation tools hampers the growth of the network automation market. Furthermore, adoption of advanced networking solution by different SMEs and rise in investments on R&D in network automation by different SMEs are anticipated to provide major opportunities in the market.

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The network automation market is segmented based on component, deployment mode, organisation size, industry vertical, and region. In terms of component, the market is bifurcated into solution and services. Based on solution, the market is again sub-segmented into network automation tools, SD-WAN & network, virtualization, and internet-based networking. Based on service, the market is sub-divided into managed services and professional services. As per deployment mode, the market is segmented into on-premise and cloud. In terms of organization size, the market is classified into large size organization and small and medium size organization. As per industry vertical, the market is categorized into BFSI, Retail & e-commerce, IT & telecommunication, manufacturing, healthcare, and others. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA (Latin America, Middle East, and Africa).

The key players profiled in the network automation market analysis are IBM Corporation, CISCO System Inc., Juniper Network Inc., SolarWinds Inc., Hewlett Packard Enterprise Development LP, Network Automation Inc., BMC Software Inc., VMWare Inc., Apstra Inc., and Network Automation Inc. These players have adopted various strategies to increase their network automation market penetration and strengthen their position in the industry.

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This report provides a comprehensive analysis of

- Top impacting Growth Factors
- Competitive Analysis of Leading Market Players
- Current and Future Market Trends
- Market Segmentation
- Revenue Estimation by 2023

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KEY MARKET SEGMENTS

By Component

o Solution

o Network Automation Tools
o SD-WAN and Network
o Virtualization
o Internet- based Networking

o Services

o Professional service
o Managed Service

By Deployment Mode

o On-premise
o Cloud

By Organization Size

o Large Size Organization
o Small & Medium Size Organization

By Industry Vertical

o Banking, Financial Services and Insurance (BFSI)
o Retail & E-commerce
o IT & Telecommunication
o Manufacturing
o Healthcare
o Others

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