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Zero Touch Provisioning Market Set for Robust Growth, Anticipated Size of $7.70 Billion by 2033 Driven by Automation and Network Scalability
Zero Touch Provisioning Market
As per the report, the zero touch provisioning market size has grown rapidly in recent years. It will grow from $3.51 billion in 2023 to $4.10 billion in 2024 at a compound annual growth rate (CAGR) of 16.6%. The zero touch provisioning market size is expected to see rapid growth in the next few years. It will grow to $7.70 billion in 2028 at a compound annual growth rate (CAGR) of 17.1%.
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5G Networks Fuels Growth In Zero Touch Provisioning Market
Increasing deployment of 5G networks is expected to propel the growth of the zero-touch provisioning market going forward. 5G refers to the fifth generation of wireless cellular technology and provides better capacity, more reliable connections, and faster upload and download rates than earlier networks. The deployment of 5G networks is driven by the demand for faster data speeds, lower latency, and support for a vast array of connected devices. 5G networks enable zero-touch provisioning, streamlining device setup and management remotely with enhanced speed and efficiency. For instance, in September 2023, according to 5G Americas, a US-based industry trade organization, North America had 151 million 5G connections and 496 million LTE connections in the 2nd quarter of 2023 and is expected to reach 669 million by 2028. Therefore, the increasing deployment of 5G networks is driving the growth of the zero-touch provisioning market.
Integration Of Cloud Services In Zero Touch Provisioning Market
Major companies operating in the zero-touch provisioning market are focused on developing innovative solutions, such as True Zero-Touch Automation, to increase their profitability in this market. True Zero-Touch Automation seamlessly integrates with cloud services, automating device deployment and configuration without manual intervention. For instance, in July 2021, Lantronix Inc., a US-based provider of secure data access and management solutions, launched True Zero-Touch Automation for Remote Device Provisioning with the ConsoleFlow Cloud-Based SaaS Platform, a software platform that provides True Zero-Touch automation by provisioning remotely. This automation streamlines onboarding for Lantronix IoT and Out of Band (OOB) devices, reducing on-site visits and costs. It allows centralized asset management, automated monitoring, and mobile access via iOS or Android. True zero-touch automation includes device import, firmware updates, and secure cloud updates, boosting efficiency and cutting errors.
The zero touch provisioning market covered in this report is segmented -
1) By Component: Platform, Services
2) By Network Complexity: Multi-Vendor Environment, Complex Network Architecture, Dynamic Network Environment
3) By Device Type: Routers, Switches, Access Points, Firewalls, Internet Of Things Devices, Other Device Types
4) By Enterprise Size: Large Enterprises, Small And Medium Enterprises
4) By Industry: Information Technology And Telecommunications, Manufacturing, Healthcare, Retail, Other Industries
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Major companies operating in the zero touch provisioning market are China Mobile Communication Corporation, Verizon Communications Inc., Huawei Technologies Co Ltd., Hewlett Packard Enterprise Development LP, Cisco Systems Inc., Qualcomm Technologies Inc., Nokia Corporation, Telefonaktiebolaget LM Ericsson, ZTE Corporation, Reliance Jio Infocomm Ltd., Juniper Networks Inc., Arista Networks Inc., Emirates Integrated Telecommunications Company P.J.S.C., Extreme Networks Inc., NetBrain Technologies Inc., Indonet, Itential LLC, Parallel Wireless Inc., BlueCat Networks Inc., Anuta Networks International LLC, Entuity Limited, Apstra Inc., Riverbed Technology LLC, Trace3 Inc
Contents of the report:
1. Executive Summary
2. Zero Touch Provisioning Market Report Structure
3. Zero Touch Provisioning Market Trends And Strategies
4. Zero Touch Provisioning Market - Macro Economic Scenario
5. Zero Touch Provisioning Market Size And Growth
…..
27. Zero Touch Provisioning Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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