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Network Automation Market to 2027, Future Outlook, COVID-19 Impact Analysis, Forecast 2021-2027

12-02-2021 12:26 PM CET | IT, New Media & Software

Press release from: Orion Market Research

Network automation is the procedure that applies software to automate the network, security provisioning, and management, with the aim to provide maximum functionality and efficiency of the network. The major benefits associated include the replacement of manual processes with software configuration, network management, zero-touch provisioning, and testing capabilities of network automation. This network automation is used by different service providers and enterprises, in order to improve efficiency, reduce operating expenses and human error.

A full report of Network Automation Market is available at: https://www.omrglobal.com/industry-reports/network-automation-market

The Global Network Automation Market is anticipated to grow with a significant CAGR, with a market value of $2.9 billion in 2020, and is projected to reach $22.58 billion by 2027 during the forecast period. The market is expected to grow with an estimated CAGR of 24.2% during the forecast period 2021-2027. The rising network traffic and cloud infrastructure with growing transition in data centers, propels the need for network automation solutions with the aim to enhance the management of network traffic across all environments to complete network visibility are some major factors that are expected to drive the growth of the global network automation market during the forecast period.

The increasing adoption of automation technologies and the rise in adoption of smart and connected devices are some additional market drivers which are responsible to raise the growth of the global network automation market. The increase in adoption of automation technologies which includes- machine learning and artificial intelligence (AI), encourages enterprises to improve troubleshooting of various network issues with the help of real-time data monitoring. This will implement the rise in demand for network automation and is expected to exhibit a sequential rise in the Global Network Automation Market.

To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/network-automation-market

The market players operating the Global Network Automation Market include - Cisco Systems Inc., VMware Inc., Red Hat Inc., IBM Corporation, Juniper Networks, BMC Software, Anuta Networks, Fujitsu Group, and Nokia Corporation. In 2020, Anuta Networks collaborated with juniper Networks with the aim to merge its up-to-date ATOM platform into Juniper’s existing network automation portfolio, which is projected to increase the market size, shares, and revenues of the Global Network Automation Market.

Market Coverage

• The market number available for – 2020-2027
• Base year- 2020
• Forecast period- 2021-2027
• Segment Covered-
o By Component
o By Deployment Model
o By Industry Size
o By Networking Type
o By Industrial Vertical
• Competitive Landscape- Cisco Systems Inc., VMware Inc., Red Hat Inc., IBM Corporation, Juniper Networks, Micro Focus International plc., BMC Software, Fujitsu Group, Itential, Hewlett Packard Enterprise Development, Arista Networks and Nokia Corporation, among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominates the market in base year?
• Which segment and region will project fastest growth in the market?
• How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Network Automation Market Segment

By Component

• Solutions/software
• Professional Services

By Deployment Model

• On-Premise
• Cloud-Based

By Industry Size

• Large Enterprise
• Small and Mid Sized Enterprise

By Networking Type

• Physical Networking
• Virtual Networking
• Hybrid Networking

By Industrial Vertical

• CSPs
• Data Centers
• Enterprises

For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/network-automation-market

Network Automation Market– Segment by Region

North America

• United States
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa
• Latin America

Company Profiles

• Cisco Systems Inc.
• VMware Inc.
• Red Hat Inc.
• IBM Corporation
• Juniper Networks
• Micro Focus International plc.
• BMC Software
• Fujitsu Group
• Itential
• Hewlett Packard Enterprise Development
• Arista Networks
• Nokia Corporation

Reasons to Buying From us –

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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