The Network Automation Market size was valued at USD 4.52 Bn. in 2022 and the total revenue is expected to grow by 24.9% from 2023 to 2029, reaching nearly 21.43 Bn in 2029.
Network Automation Market Overview:
Maximize Market Research's new report, Network Automation Market 2021-2027, is useful for understanding the market's competitors. The research provides a broad and basic examination of the market, including an examination of subjective factors that might provide readers with vital business insights. The research provides a market overview that explains the value chain structure, geographical analysis, applications, market size, and forecast (2021-2027). The research will serve as a vehicle for a more accurate assessment of the current and future conditions of the worldwide Network Automation market.
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Market Scope:
The research provides an analytical view of the business by studying several elements such as worldwide Network Automation market growth, consumption volume, market trends, and company pricing structures throughout the projected period. The analysis includes extensive research to explore the market's complexities. The research provides an overview of the worldwide Network Automation market, including market characteristics, market segmentation analysis, market size, customer landscape, and geographical landscape. The study considers growth drivers, current trends, advancements, prospects, and the competitive environment in its research. This market has been examined in several areas based on productivity and manufacturing base.
Market Dynamics:
In the new cloud-based world, the network is more important than ever for IT operations. Network traffic is increasing as more important servers and data are housed in the cloud and users access the data and computing resources from both remote locations and corporate headquarters. Network traffic flow patterns have become more complex as a result of the profusion of cloud services that supplement traditional enterprise data centres. Many companies are looking for solutions to improve the compatibility of their networks with cloud platforms. Due to its ability to enhance network administration and offer complete network visibility across all environments, network automation solutions are becoming more and more essential as a result of increased network traffic.
Segmentation:
by Organization Size
Small and Medium-sized Enterprises (SMEs)
Large Enterprises
The Network Automation Market is divided into Small and Medium-sized Enterprises (SMEs) and Large Enterprises based on Organisation Size. The rising popularity of cloud computing has encouraged the usage of SDN technology by SMEs. Budget constraints lead SMEs to select cloud-based solutions generally on the market. These organisations have gradually started to use state-of-the-art technological innovations that enhance their operational skills while consuming the fewest resources. By determining the condition of the network at any given time, network automation can help SMEs lower the cost of network equipment and reduce the amount of time spent resolving network issues.
by Vertical
Information Technology (IT)
Banking, Financial Services, and Insurance (BFSI)
Manufacturing
Healthcare
Energy and Utilities
Education
Others
Information Technology (IT), Banking, Financial Services, and Insurance (BFSI), Manufacturing, Healthcare, Energy and Utilities, Education, and Others are the different vertical segments of the network automation market. In 2022, the Information Technology (IT) sector accounted for the greatest market share. In data centres, there are many computer, storage, and networking devices.
by Deployment Type
On-premises
Cloud
The Network Automation Market is divided into On-premises and Cloud deployment types. In 2022, the Cloud segment accounted for the greatest market share. Cloud network automation provides speedy and safe network configuration by using the potential of cloud computing. The cloud deployment paradigm also enables scaling of a solution's capability to manage enormous network application traffic. By implementing these solutions, small businesses can collect and analyse data to improve client services. The demand for network automation solutions that are hosted in the cloud is currently increasing in comparison to their on-premises counterparts as a result of the numerous advantages that the cloud deployment model provides.
Key Players:
It then discusses the top competitors in the worldwide Network Automation market, as well as emerging players, in detail, including market share based on revenue, demand, high-quality product makers, sales, and service providers. In addition, the research assesses capacity utilization, raw material sources, import-export, the value chain, price structure, and the industrial supply chain. The following players are featured in this report:
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)
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Regional Analysis:
The report has analyzed the global Network Automation market in the following regions:
America, North (the United States, Canada, and Mexico)
European Union (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific region (China, Japan, Korea, India, Southeast Asia, and Australia)
Latin America (Brazil, Argentina, Colombia, and Rest of South America)
Africa and the Middle East (Saudi Arabia, UAE, Egypt, South Africa, and Rest of the Middle East & Africa)
The research provides comprehensive insights into numerous development opportunities and challenges in the regions mentioned above based on various types of goods, applications, end-users, and countries, among others. The research also includes key features of the worldwide Network Automation market, such as sales growth, product price and analysis, growth potential, and suggestions for tackling market issues in the given regions.
COVID-19 Impact Analysis on Network Automation Market:
COVID-19 is an unprecedented worldwide public health emergency that has impacted practically every business, and the long-term impacts are expected to have an influence on industry growth throughout the projection period. Our continuing study expands our research methodology to include fundamental COVID-19 concerns and potential next steps. The research provides insights on COVID-19 by taking into account changes in consumer behavior and demand, purchasing patterns, supply chain re-routing, the dynamics of contemporary market forces, and substantial government initiatives. The revised report contains insights, analysis, projections, and predictions based on the influence of COVID-19 on the market.
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Key Questions Answered in the Network Automation Market Report are:
Which are the major companies in the Network Automation market?
Which is the potential market for Network Automation in terms of the region?
Which application area of Network Automation is expected to grow at a significant rate in the market in the next 5 years?
What are the opportunities for new market entrants?
What will be the Network Automation market size by 2027?
What are the growth prospects for the Network Automation market?
What is the base year considered in the Network Automation market report?
Which region holds the largest market share in the Network Automation market?
What factors are anticipated to drive the Network Automation market?
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