Network Automation Market 2022 Disclosing Latest Trends and Advancement Outlook 2027

The Network Automation Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Network Automation market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Network Automation market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Network Automation market.

The Global Network Market (henceforth referred to as the market studied) was valued at USD 11.37 billion in 2020, and it is expected to reach a value of USD 40.25 billion by 2026 while registering a CAGR of 23.95% during the period of 2020-2025. 

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Top Leading Companies of Network Automation Market are - AppViewX, Inc., SaltStack Inc., Nuage Networks (NOKIA CORPORATION), VMware, Inc., Fujitsu Limited, BMC Software, Inc., Extreme Networks Inc., Arista Networks Inc., Apstra Inc., NetBrain Technologies, Inc., Micro Focus International plc, Cisco Systems, Inc., Network Automation, Inc., SolarWinds Inc., Hewlett Packard Enterprise Development LP, IBM Corporation, Juniper Networks, Inc. and others.

Industry News and Updates:

- June 2020 - Cisco introduced a new intent-based networking solution to optimize business and network operations. This solution not only provides a dynamic business environment for its customers but also increases the client engagement rate for this company.

- June 2020 - Hewlett Packard Enterprise announced that it has entered into a definitive agreement to acquire Silver Peak, an SD-WAN (Software-Defined Wide Area Network) company, in a transaction valued at USD 925 million. Silver Peak will be combined with HPE's Aruba business unit and will extend Aruba's technology leadership in the large and fast-growing SD-WAN space. This is expected to further strengthen the network portfolio of the company.

Key Market Trends:

SD-WAN and Virtualization is Expected to Hold Major Market Share

- Software-defined networking (SDN) and network functions virtualization (NFV) abstract the implementation of new network functions and decouple them from the hardware infrastructure and associated topological constraints, thus making communications networks programmable, and as a result, much more flexible and agile. Moreover, SD-WAN 2.0 functionality allows the enterprise to transcend connectivity to securely program the consumption of virtualized services across the entire network spanning traditional branches, private data centers, and the leading public clouds, all from a single IT governance platform.
- SDN and NFV are together seen as key technologies enabling the transformation of CSPs by providing a lower-cost means to address market demands. The major end-user driving this market are telecom operators who need to achieve CAPEX reduction, improved efficiency and offer new services. NFV has been a constantly complementing SDN by virtualizing network services that run in dedicated appliances, such as deep packet inspection (DPI), firewalls, load balancers and session border controllers (SBCs), so that these services can run on a single pool of computer hardware, yielding CAPEX and OPEX savings.

North America to Account for a Significant Market Share

- The North American region dominates the network automation market, with the largest market share held by the United States. The primary reason for the region's dominance is the presence of leading network automation solution providers, such as Cisco, IBM, SolarWinds, VMWare, Extreme Networks, Juniper Networks, and many more.
- Also, the region's dominance in internet penetration and technology adoption is expected to be a major catalyst for the adoption of network automation solutions. According to the Cisco Annual Internet Report (2018-2023), approximately 92% of the regional population will be using the internet by 2023

Investigator Observers Strong Growth in Specific Regions:

- Europe Market (Germany, UK, France, Russia, Italy)

- Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)

- South America Market (Brazil, Argentina, Colombia)

- North America Market (United States, Canada, Mexico)

- Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).

The Latest Industry Data Included in this Report:
- Network Automation Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Network Automation Market (%),2016 - 2026
- Network Automation Market Share, By Brand
- Network Automation Market Share, By Company
- Network Automation Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Network Automation Market Value Analysis & Forecast
- Promising Network Automation Development by Major Companies
- Detailed Network Automation Portfolio of the Major Companies
- Major Deals in the Network Automation Market
- Major Companies Analysis

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