Press release
Network Automation Market was dominated by Cloud segment in 2023, as per Maximize Market research
The Network Automation Market size was valued at USD 5.64 Bn. in 2023 and the total revenue is expected to grow by 24.9% from 2024 to 2030, reaching nearly 26.76 Bn in 2030.Network Automation Market Overview
The Network Automation Market is rapidly growing as industries turn to automated systems to streamline network management processes. Offering an intelligent approach to network configuration, monitoring, testing, and operations, network automation solutions provide businesses the efficiency and agility needed in today's digital landscape. With increasing complexity in network environments, companies leverage automation to reduce errors and drive down operational costs.
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Network Automation Market Drivers
Demand for Enhanced Network Management: As digital ecosystems expand, businesses need efficient solutions to manage network traffic and secure their systems. Network automation is pivotal to ensuring streamlined and secure network operations.
Growth in Cloud and 5G: The rise of cloud services and 5G technology requires sophisticated management frameworks. Network automation is crucial in supporting the fast, reliable performance of these technologies.
Surge in IoT Devices: The integration of IoT across industries intensifies network traffic, and automation helps manage this load while maintaining high operational standards.
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Network Automation Market Restraints
High Investment Requirements: While network automation offers significant benefits, the upfront costs can deter smaller businesses from adoption.
Security Concerns: With the automation of network functions comes the potential for cybersecurity vulnerabilities, a challenge that organizations must address for smooth deployment.
Network Automation Regional Insights
North America leads the global network automation market due to its advanced IT infrastructure and a large number of data centers. The region's early adoption of network automation technologies further drives this market leadership. Europe and Asia-Pacific are also experiencing significant growth as investments in digital transformation accelerate, pushing for advanced networking solutions across industries.
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Recent News about Network Automation market
18/9/2024 Nokia unveils automation to reduce datacentre network disruptions
20/3/2024 IBM Acquires Pliant to Further Enhance Network IT Automation Capabilities
15/8/2024 Netris Partners with Vespertec to bring Network Automation and Abstraction to AI/GPU, and Cloud Operators
12/2/2024 Is it Time for Telcos to Put Their Trust in Automation?
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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Top 25 Network Automation companies in the world
1. Cisco(US)
2. IBM(US)
3. Micro Focus(US)
4. SolarWinds(US)
5. Kentik(US)
6. Versa Networks(US)
7. AppViewX(US)
8. BackBox(US)
9. NetBrain Technologies(US)
10.Riverbed Technology(US)
11.Apstra(US)
12.BMC Software(US)
13.Veriflow(US)
14.Entuity(US)
15.Juniper Networks(US)
16.Forward Networks(US)
17.VMware(US)
18.Entuity(US)
19.Itential(US)
20.Volta Networks(US)
21.Sedona Systems(US)
22.SaltStack (UK)
23.Anuta Networks(India)
24.BlueCat (Canada)
25.NetYCE (Netherlands)
Key questions answered in the Network Automation Market are:
• What segments are covered in the Global Network Automation Market report?
• Which region is expected to hold the highest share in the Global Network Automation Market?
• What is the market size of the Global Network Automation Market by 2030?
• What is the forecast period for the Global Network Automation Market?
• Is the network automation in demand?
• What is the CAGR of network automation?
Key Offerings:
• Past Network Automation Market Size and Competitive Landscape (2018 to 2022)
• Past Pricing and price curve by region (2018 to 2022)
• Market Size, Share, Size & Forecast by Different Segment | 2024-2030
• Network Automation Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Market Segmentation - A detailed analysis by segment with their sub-segments and Region
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
o § Competitive landscape -Market Leaders, Market Followers, Regional player
o § 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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Contact Maximize Market Research:
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About Maximize
Maximize Market Research is a global market research and consulting company that provides businesses with insights to foster their growth and competitive advantage. The company specializes in delivering actionable and data-driven research reports tailored to help organizations make informed decisions. With a team of experienced analysts and consultants, Maximize Market Research offers expertise across multiple industries, including healthcare, technology, manufacturing, consumer goods, and more.
Their services cover market sizing, forecasting, competitive analysis, and customer insights, helping clients to address their strategic needs and identify emerging trends. The company emphasizes client success, offering detailed analysis and recommendations that support business transformation and operational excellence.
Maximize Market Research also provides custom research services, allowing businesses to get solutions specific to their market challenges. With a strong global presence, the company serves clients from various sectors, ensuring they stay ahead in a rapidly evolving market landscape.
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