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Growing Demand from Large Enterprises Driving Global Network Automation Software Market Outlook: Ken Research

12-17-2021 05:39 AM CET | IT, New Media & Software

Press release from: Ken Research

Growing Demand from Large Enterprises Driving Global Network

The network automation software (NAS) includes the unbundled managing functions of virtual networks, which have been formerly an integrated and manufacturer-specific part of a network technology. Moreover, network automation software majorly transforms commercial silicon and network software functions into an operational software-enabled network to attain the nimbleness of the cloud-native business model.

According to the research report, ‘Network Automation Software Market Opportunities And Future Trends For Forecast Year 2019-2030’ states that the Apstra Operating System (AOS), Cisco, NetMRI, BlueCat, Itential, Entuity, Micro Focus, NetBrain, Redhat, Veriflow, Apstra, SolarWinds, and Other Prominent Players are some of the major players which are currently operating in the Network Automation Software Market. The report covers the company profile of the above-mentioned players on the various parameters such as Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis and many more.

Moreover, the Network Automation Software Market is being majorly segmented on the various segments namely by Product Type (Cloud Based, and Web Based), by End User (Large Enterprises, and SMEs), by Region (North America, Latin America, Europe, Asia Pacific, and the Middle East, and Africa). Also, it has been witnessed that the report covers the similar comprehensive information at the country level as well for the above-mentioned regions namely UK, France, Italy, BENELUX, NORDIC, Hungary, Poland, Turkey, China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, U.S., Canada, Brazil Mexico, Argentina, Germany, Israel, GCC, North Africa, South Africa, and many other. Additionally, the report also covers various other qualitative and quantitative information about the overall market namely Network Automation Software Market Dynamics, Network Automation Software Market Size, Supply & Demand, Current Trends/Issues/Challenges, Competition & Companies Involved in the Market, Value Chain of the Market, Market Drivers and Restraints and many others.

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Furthermore, it has been observed that the Network Automation Software market is being highly dominated by the Cloud-Based segment as it accounted the significant share in the recent years. Cloud based segment is highly preferred in the market majorly due to replacement of existing OSS / BSS technology by NAS, as virtualized / cloud networks are deployed and fostering the Network Automation Software market to propagate.

On the other hand, Network Automation Software market by the End-User segment was majorly dominated by the Large Enterprises due to tom the augmenting preferences for such automation solutions.

In the near future, it is anticipated that the Network Automation Software market will exceed USD billion by the end of the year 2030, at a single digit Compound Annual Growth Rate during the review period 2021 – 2031. This growth in the Network Automation Software market is expected largely due to augmented new prospects rising from the growth of 4G / 5G based private corporate networks. Whereas, enterprise demand for SDWAN 9's WAN services is also expected to surge in the near future, as market demand feeds growth in non-telecommunications applications and services hosted on the edge of the network and closely coordinated with access networks. Therefore, the above mentioned drivers are some of the major factors which will boost the demand of the Network Automation Software market globally.

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Ankur Gupta, Head Marketing & Communications
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Ken Research Pvt. Ltd.,
Unit 14, Tower B3, Spaze I Tech Business Park, Sohna Road, sector 49 Gurgaon, Haryana - 122001, India

Ken Research is a research based management consulting company. We provide strategic consultancy to aid clients on critical business perspective: strategy, marketing, organization, operations and technology transformation, advanced analytics, corporate finance, mergers & acquisitions and sustainability across all industries and geographies.

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