Network Automation Market Growth 2021 | Market Trends, Covid-19 Impact, Business Outlook 2027 | Cisco Systems, Juniper Networks, IBM

The global Network Automation market size is projected to reach US$ 29.3 billion by 2027, at a CAGR of 19.8% during 2021-2027. Network automation is a process that involves the automation of networks and their services that include operations, planning, deployment, and optimization, among others. Additionally, it adopts advanced software to provide security and efficient management to maximize network functionality for the business processes across the globe.

Incorporation of network automation benefits in improving efficiency, lowering operational expenses, reducing the possibility of errors, and improving business continuity & agility. Automation can be deployed in various types of networks such as data center networks, cloud networks, wireless and WAN (Wide Area Networks) through application programming interface. Leveraging on the features above, companies can deliver higher level of services with more consistency across branches and geographies.

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Top Key Players Included in Network Automation Industry Report: Cisco Systems, Juniper Networks, IBM, Micro Focus, Netbrain Technologies, Solarwinds, Riverbed Technology, Bmc Software, Apstra, Bluecat, Entuity, and Veriflow

COVID 19 is already experiencing its effects and has also been affected as a growth rate by the global crisis. The COVID-19 outbreak, which resulted in the growth momentum, affected flight cancellations, travel, and quarantine bans, restaurant closures, declaring an emergency, increasing public panic, and restrictions on all indoor and outdoor activities. All of this has had effects on massive supply chain slowdown, stock market volatility.

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Network Automation Industry segment by Type:
Cloud Based
Web Based

Network Automation Industry segment by Application:
Large Enterprised
SMEs

The Network Automation market research also examines market performance in APAC, Latin America, Europe, North America, and Africa. The regional study provides nation, deployment, product, end-users, and part information and trends for the market analysis The current development, innovation, fusions, and expansion are discussed in this part. In addition, in some nations and locations around the world, has been the leading market participants.

FAQs
1. When it comes to new research and development, what value propositions should organizations aim for?
2. Which region will contribute the most to the worldwide revenue of Network Automation?
3. Which end-user is anticipated to take the lead in the Network Automation market?
4. Who are the key market players and what are their strategies in the Network Automation market?

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