Press release
Network Automation Market reveals that the market size was valued at USD 4.52 billion in 2022 and is expected to grow at a CAGR of 24.9% from 2023 to 2029, reaching nearly USD 21.43 billion in 2029.
Network Automation Market
The Network Automation Market report provides a comprehensive analysis of the market dynamics, trends, drivers, restraints, and opportunities. The scope of the report encompasses the global network automation market, including various deployment types, organization sizes, and verticals. The research methodology employed for this report involves a combination of primary and secondary research.
The primary research includes interviews with industry experts, business leaders, and key stakeholders in the network automation market. These interviews provide valuable insights into market trends, challenges, and opportunities. The primary research is complemented by secondary research, which involves extensive literature review, company websites, industry reports, and statistical data from reliable sources.
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The report covers the drivers and restraints influencing the network automation market growth, such as the growing need for data centers, increasing investments in developing network automation solutions, and the growing demand for advanced healthcare systems using networking automation technology. It also highlights the regional insights, including the dominance of North America in the market and the expected significant growth in Europe.
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What are Network Automation Market Dynamics:
The Network Automation Market is driven by various factors that shape its growth and development. These market dynamics influence the demand, adoption, and evolution of network automation solutions across industries.
One of the key dynamics is the growing need for data centers. With the rise of cloud-based environments and remote work practices, network traffic has increased significantly. As a result, businesses are seeking ways to make their networks more efficient and compatible with cloud platforms. Network automation solutions play a crucial role in improving network management, providing full network visibility, and addressing the complexity of network traffic patterns.
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Another dynamic is the increasing investments in developing network automation solutions. Despite short-term volatility, networking companies continue to invest in research and development to create cutting-edge network automation solutions. These investments focus on long-term value development and result in the emergence of technologies like intent-based networking. Intent-based networking transforms business policies into network configurations, enabling businesses to automate network programming and enhance network designs.
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Network Automation Market Market Regional Insights:
Europe is expected to experience significant growth in the Network Automation Market during the forecast period. The region is witnessing widespread adoption of software-defined networking (SDN) and network function virtualization (NFV) technologies. These technologies are rapidly changing how large enterprises construct their wide area networks to accommodate increasing network requirements. Additionally, as enterprises implement more technologies, the complexity of their IT infrastructure grows, driving the demand for network automation solutions.
Other regions, such as Asia-Pacific, Latin America, and the Middle East and Africa, are also witnessing steady growth in the Network Automation Market. These regions are increasingly embracing digital transformation and deploying advanced networking technologies to enhance business operations and meet evolving customer demands. The adoption of network automation solutions in various industries, including IT, banking, financial services, insurance, manufacturing, healthcare, energy and utilities, education, and others, is contributing to market growth across these regions.
What is Network Automation Market Segmentation:
by Solution
• SD-WAN
• Network Automation Tools
• Intent-Based Networking
by Organization Size
• Small and Medium-sized Enterprises (SMEs)
• Large Enterprises
by Vertical
• Information Technology (IT)
• Banking, Financial Services, and Insurance (BFSI)
• Manufacturing
• Healthcare
• Energy and Utilities
• Education
• Others
by Deployment Type
• On-premises
• Cloud
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Who are Network Automation Market Key Players:
•Cisco(US)
•IBM(US)
• Micro Focus(US)
• SolarWinds(US)
• Kentik(US)
• Versa Networks(US)
• AppViewX(US)
• BackBox(US)
• NetBrain Technologies(US)
• Riverbed Technology(US)
• Apstra(US)
• BMC Software(US)
• Veriflow(US)
• Entuity(US)
• Juniper Networks(US)
• Forward Networks(US)
• VMware(US)
• Entuity(US)
• Itential(US)
• Volta Networks(US)
• Sedona Systems(US)
• SaltStack (UK)
• Anuta Networks(India)
•BlueCat (Canada)
• NetYCE (Netherlands)
Table of content for the Network Automation Market includes:
1. Global Network Automation Market: Research Methodology
1. Global Network Automation Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3. Global Network Automation Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4. Global Network Automation Market Market Segmentation
• Global Market, by Solution (2022-2029)
• Global Market, by Organization Size (2022-2029)
• Global Market, by Vertical (2022-2029)
• Global Market, by Deployment Type (2022-2029)
5. Regional Network Automation Market Market (2021-2029)
• Regional Market, by Solution (2022-2029)
• Regional Market, by Organization Size (2022-2029)
• Regional Market, by Vertical (2022-2029)
• Regional Market, by Deployment Type (2022-2029)
• Regional Market, by Country (2022-2029)
6. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Product
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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