The growth of virtual and software-defined WAN infrastructure in enterprises and the need for bandwidth management for SMEs are the major factors for driving the growth of Global Network Automation Market.
Network Automation Market is valued at USD 5.27 Billion in 2019 and expected to reach USD 81.77 Billion by 2026 with the CAGR of 47.97% over the forecast period.
Scope of Global Network Automation Market Report–
Network automation is the process of automating the configuration, management, testing, deployment and operation of physical and virtual devices in the network. It is a method for software to configure, configure, manage, and test network equipment automatically. Different companies and service providers use it to increase efficiency and reduce human error and operating expenses. The tools for network automation capabilities range from basic network mapping and device discovery to more complex workflows, such as managing network configuration and providing virtual network resources. It plays an important role in software defined networks, network virtualization and network orchestration, and supports automatic tenant configuration and virtual network functions, such as virtual load balancing. It has several key benefits, such as increased efficiency, reduced likelihood of human error, and reduced operating costs. As the main applications depend on the data center, their support through improved virtualization, standardization and automation has become a key factor in improving performance and increasing capacity and throughput. By combining hardware and software based solutions, large enterprises, service providers and organizations can implement electronic network automation to constrain and manage repetitive processes.
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Global Network Automation market is segmented on the basis of component, deployment mode, network type, end user and region. On the basis of components, the market is segmented into services as well as softwar. On the basis of deployment mode, the market is segmented into on premise, cloud and Hybrid. On the basis of network type, the market is segmented into physical, virtual and hybrid. On the basis of end user, the market is segmented into energy and utility, it and telecom, banking and financial services, manufacturing and education.
The regions covered in this Network Automation market report are North America, Europe, Asia-Pacific and Rest of the World. Based on the country level, market is sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Network Automation Companies:
Key players of the Network Automation market are,
Cisco Systems, Inc.
Juniper Networks, Inc.
Network Automation Inc
Global Network Automation Market Dynamics-
The adoption of smart connected devices has proliferated, and the adoption of automation technologies such as artificial intelligence (AI) and machine learning has also increased which is expected to stimulate the global market for Network Automations. In addition, the increase in the number of start-ups for network automation solutions and network downtime due to human error and the development of IoT technologies throughout the vertical sector has also increased the demand for network automation technology. For example, the government of Qatar launched the TIC Connect 2020 policy, which aims to develop smart infrastructure for the 2022 FIFA World Cup. The increase in network virtualization is driving growth in the US IT and telecommunications market. In the United States, IT and telecommunications applications represented approximately 30% of market revenues in 2019. The adoption of NFV technology is the engine of American Telecom's development. Service providers are increasing the use of automation in their networks. However, the availability of open source automation tools has hampered the growth of the network automation market. The increased focus on cloud security has created new opportunities for local areas in the GCC network automation market.
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Asia Pacific is expected to Witness a Fastest Growth in the Global Network Automation Market
North America market is expected to dominate the global Network Automation market. The adoption rate of smart connected devices in the region continues to increase, and the main players in the region have joined. Businesses in the region have recently used intention-based networks, advanced technologies such as SD-WAN and DevOps to use improved automation capabilities to determine the size of the market. The Asia-Pacific region is expected to achieve the highest growth rate over the forecast period. The increase in major 5G investments in Japan, China and India, as well as the growth in the disposable income of the population in developing countries, should contribute to demand in the automation market. According to the latest Asia-Pacific version of the GSMA Mobile Economics series published at MWC19 Shanghai, Asian mobile operators will invest $ 370 billion between 2018 and 2025 to build new 5G networks. It is predicted that by 2025, 28% of Chinese mobile connections will operate on 5G networks, which will account for about a third of all 5G connections worldwide. Due to the growth rate, the adoption of smart public services and the emergence of industry 4.0, the manufacturing industry is expected to gain considerable market share by 2026.
Key Benefits for Global Network Automation Market Report–
Global market report covers in depth historical and forecast analysis.
Global market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
Global market report helps to identify opportunities in market place.
Global market report covers extensive analysis of emerging trends and competitive landscape.
Global Network Automation Market Segmentation:–
By Component: Software, Services
By Deployment Mode: On-premise, Hybrid, Cloud
By Network Type: Physical, Virtual, Hybrid
By End User: Energy and Utility, IT and Telecom, Banking and Financial Services, Manufacturing, Education
Regional & Country AnalysisNorth America, U.S., Mexico, Canada , Europe, UK, France, Germany, Italy , Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of Middle East and Africa
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