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Network Automation Market 2020 | Historical Data and Growth Factors Analysis by 2028

09-13-2022 11:53 AM CET | IT, New Media & Software

Press release from: Emergen Research

Network Automation Market | Emergen Research

Network Automation Market | Emergen Research

The Global Network Automation Market is expected to reach a value of USD 16.77 Billion in 2028, at a rapid revenue CAGR of 23.7%, according to a latest analysis by Emergen Research. Rapid growth of the market can be attributed to rise in the usage of connected devices, along with rapid and continuous innovations and technological advancements in the field of network automation. Rising demand for efficient and robust automated solutions is also playing a major role in market development.

Constantly evolving technologies, such as unified communications and SD-WAN architecture, are boosting market growth. Additionally, establishment of a large number of new startups, coupled with implementation of automated networks in the logistics sector, are driving network automation market globally.

Based on the competitive landscape, the market report analyzes the key companies operating in the industry:

6Connect, Inc., Anuta Networks International, LLC, AppViewX, Inc., Apstra, Inc., Arista Networks, Inc., Cisco Systems Inc., Cumulus Networks Inc., Fujitsu Ltd, HCL Technologies, IBM Corporation, and VMware Inc.

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Key Highlights of the Report

In January 2021, Ericsson launched 5G RAN to boost their 5G business growth. The purpose of this launch is to support business models and strengthen network slicing capabilities.

In February 2021, VMware entered into a partnership to create a new business group, in order to help and encourage organizations to accelerate their transition to a faster cloud strategy.

The vitual segment is expected to register a high revenue growth rate in the global network automation markert during the forecast period, owing to increasing adoption of virtual network systems due to their ability to access computer devices or servers remotely.

North America accounted for largest revenue share in the global market in 2020 and is expected to register a rapid revenue growth rate over the forecast period, which can be attributed to the presence of a large number of startups in the region. Moreover, major market players in the region are establishing partnerships to increase their customer base, which is expected to have a positive impact on growth of the North America market.

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For this report, Emergen Research has segmented the global network automation market based on network type, solution, end-use, and region:

Network Type Outlook (Revenue, USD Billion; 2018-2028)

Physical

Virtual

Hybrid

Solution Outlook (Revenue, USD Billion; 2018-2028)

Network Automation Tools

SD-WAN and Network Virtualization

Intent-based Networking

End-use Outlook (Revenue, USD Billion; 2018-2028)

IT and Telecom

Manufacturing

Energy and Utility

Banking and Financial Services

Education

To know more about the report, click here @ https://www.emergenresearch.com/industry-report/network-automation-market

Regional Outlook (Revenue, USD Billion; 2018-2028)

North America

U.S.

Canada

Mexico

Europe

Germany

U.K.

France

Italy

Spain

BENELUX

Ireland

Rest of Europe

Asia-Pacific

China

India

Japan

South Korea

Rest of APAC

Latin America

Brazil

Rest of LATAM

Middle East & Africa

Saudi Arabia

UAE

South Africa

Turkey

Rest of MEA

Key Benefits of Buying the Global Network Automation Report:

Comprehensive analysis of the changing competitive landscape

Assists in decision making processes for the businesses along with detailed strategic planning methodologies

The report offers an 8-year forecast and assessment of the Global Network Automation Market

Helps in understanding the key product segments and their estimated growth rate

In-depth analysis of market drivers, restraints, trends, and opportunities

Comprehensive regional analysis of the Global Network Automation Market

Extensive profiling of the key stakeholders of the business sphere

Detailed analysis of the factors influencing the growth of the Global Network Automation Market

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Thank you for reading our report. To know more about the customization of the report, please get in touch with us, and our team will ensure the report is suited to your requirements.

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About Emergen Research

Emergen Research is a Marketresearch and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer Marketintelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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