Network Automation Market is Expected to Reach USD 14.9 Billion by 2027

The increasing trends for hybrid work culture are expected to boost the network automation market during the forecast period.

The Global Network Automation Market was valued at USD 3.2 Bn in 2020 is expected to reach USD 14.9 Bn by 2027, with a growing CAGR of 24.6% during the forecast period.

The increasing adoption of smart connected devices is anticipated to propel the growth of the network automation market over the forecast period. Moreover, the evolution of the Internet of Things (IoT) across various industries and the government support for the development of the automated network is expected to create a lucrative opportunity for the deployment of this solution and services. For instance, Qatar Government launched Connect 2020 ICT policy to develop smart infrastructure for FIFA World Cup 2022.

Technological advancements such as the integration of artificial intelligence and machine learning are expected to drive the growth of the network automation market. For instance, in February 2020, Ericsson has launched two new artificial intelligence (AI) powered offerings in its Network Services portfolio. The two new portfolio additions are Network Intelligence and Omni Network Channel. These portfolios allow artificial intelligence (AI), automation and predictive analytics to address the complex reality faced by communications service providers such as exponential data growth and the continuous introduction of new technologies such as 5G, digital transformation, and scattered information sources and insights.

Based on organization size, the large enterprise's segment is expected to hold the largest market share during the forecast period. The growth in this segment is attributed to the increasing preference for network automation solutions to monitor and manage big and complex network infrastructure. However, the SMEs segment is expected to be the fastest-growing segment during the forecast period owing to the increasing awareness regarding network automation solutions. Moreover, operation and business models are different as compared to traditional business. Thereby, this is in turn, boost the segment growth

The increasing trend of hybrid culture due to the COVID-19 pandemic is one of the influencing factors to adopt network automation by various organizations. Most of the companies run their operation remotely such as from home, restaurants and others. This creates a lucrative opportunity for the vendors to gain the maximum market share in the network automation market. For instance, BlueCat Networks achieves record growth in 2020, the subscription revenue for its cloud-based DNS resolver by more than 40% and doubled annual bookings across all of its cloud and automation portfolios.

Global Network Automation Market by Region Outlook (Revenue, USD Million, 2021-2027)

  1. North America
  2. Europe
  3. Asia Pacific
  4. Latin America
  5. Middle East & Africa

In terms of geography, North America dominated the network automation market and is expected to hold the largest market share during the forecast period. The growth in the region is attributed to the increasing number of data centres and the rapid shift of SMEs towards digitalization. Moreover, the fast adoption and high spending in 5G network infrastructure are one of the major factors for the growth of the market in the region.

The Global Network Automation Industry Segmentation:

Global Network Automation Market by Component Outlook (Revenue, USD Million, 2021-2027)

  • Solution
  • Services

Global Network Automation Market by Network Type Outlook (Revenue, USD Million, 2021-2027)

  • Physical
  • Virtual
  • Hybrid

Global Network Automation Market by Deployment Mode Outlook (Revenue, USD Million, 2021-2027)

  • On-premises
  • Cloud

Global Network Automation Market by Organization Size Outlook (Revenue, USD Million, 2021-2027)

  • Small and Medium-sized Enterprises
  • Large Enterprises

Global Network Automation Market by Industry Vertical Outlook (Revenue, USD Million, 2021-2027)

  • IT & Telecom
  • BFSI
  • Manufacturing
  • Healthcare
  • Energy and Utilities
  • Education
  • Others

Key Findings:

  • Based on the deployment mode, the on-premises segment has the largest market share
  • Based on industry vertical, the IT & Telecom segment is expected to capture the major market share over the forecast period.
  • Based on regions, North America dominated and is expected to show its dominance over the forecast period.

Company Profiles and Competitive Intelligence

The key players operating in the market are:

  1. Cisco
  2. Juniper Networks, Inc.
  3. IBM
  4. Micro Focus
  5. NetBrain
  6. Forward Networks, Inc.
  7. SolarWinds Worldwide, LLC
  8. BMC Software, Inc.
  9. Anuta Networks Private Limited
  10. Apstra
  11. BlueCat Networks
  12. Park Place Technologies
  13. VMware, Inc.
  14. Riverbed Technology
  15. Itential
  16. Volta Networks
  17. Sedona Systems
  18. Kentik
  19. NetYCE
  20. Versa Networks
  21. AppViewX
  23. 128 Technology

Recent News:

  • In February 2019, Volta Networks launched the Volta Elastic Virtual Routing Engine (VEVRE), a digital routing platform that reduces the overall cost of ownership by 90% as compared to legacy routers, provides remarkable scale with up to 255 digital routers according to switch as well as support for enterprise standard routing protocols and carrier automation.
  • In May 2021, BlueCat, the Adaptive DNS Company™, released its flagship product, BlueCat Integrity. Integrity 9.3, which permits enterprises to higher control their DNS, DHCP, and IP Address Management (DDI), now consists of a new capability that allows customers to higher leverage these essential services to optimize their increasing number of complicated networks, more quickly undertake automation and deliver on hybrid cloud initiatives.

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