The Network Automation Market is expected to rise at a Compound Annual Growth Rate (CAGR) of 24.8 percent, from USD 2.9 billion in 2020 to USD 8.9 billion in 2025.
The method of automating the setup, maintenance, testing, integration, and operations of physical and virtual devices within a network is known as network automation. It refers to the process of applications automatically configuring, provisioning, managing, and testing network equipment. It is used by a variety of businesses and service suppliers to increase productivity, minimise human error, and lower operational costs.
With more people, computers, and apps depending on the network for critical access to a diverse variety of endpoints, business networks are now under strain. As a result, businesses are becoming more involved in emerging network technologies and advanced analytics techniques that use machine learning and artificial intelligence to build self-driving or autonomous networks. Advanced technology such as Artificial Intelligence (AI) and Machine Learning (ML), Software-Defined Wide Area Network (SD-WAN), 5G and Wi-Fi 6, and edge computing are increasingly being adopted to help improve network performance and solve network problems (at times, even before they occur).
Increased network traffic and cloud computing are causing data centres to undergo major changes. The network is more critical than ever to IT operations in the modern cloud-based environment. Furthermore, as customers access data and processing services from both distant locations and corporate offices, network traffic is rising as essential servers and data are hosted in the cloud. The introduction of cloud platforms to supplement conventional corporate data centres has heightened the complexity of the situation which drives the market growth.
Several open-source technology pioneers have created cost-effective open-source network management applications that are deemed superior to their commercial counterparts. Since SMEs have budget limitations and prefer open-source net automation solutions, the prevalence of such open-source and cost-effective solutions in the industry is limiting the market for commercial network automation solutions.
Companies that have networking tools are actively invested in research and development, with an emphasis on long-term value growth. Leading networking firms have not limited their investment in the development and testing of network automation technologies because of short-term market success and financial results which can be used to grow the market value.
The network automation market is led by the solutions segment. A successful network automation approach should be multi-level, allowing for anything from virtual machines to device maintenance to network exploration if required by an organization. Through using cloud infrastructure capabilities, cloud network automation allows for fast and safe network setup. Furthermore, the cloud deployment paradigm scales the ability of a solution to support massive network device traffic in the market.
The acceptance of SDN technology by SMEs has been accelerated using cloud technology. Because of their limited budgets, SMEs choose the cloud-based options offered on the market. These factors have compelled the network department to make significant investments in maintaining their network infrastructure which has increased the growth of network automation market.
North America is expected to account for the majority share of the global network automation industry. Enterprises and service providers in the area are constantly updating their network networks to keep up with advanced technology. In addition, the region's domination in terms of internet penetration and technology acceptance is projected to be a significant driver of network automation technologies adoption. Since North America has always been at the forefront of technological adoption, the area has had the most connected smartphone adoption which is helping in driving the Network automation market smoothly.
Some of the key players operating in the global network automation market (2020-2025) include, but not limited to:
Cisco Systems Inc.; Juniper Networks Inc.; IBM Corporation; Hewlett Packard Enterprise Development LP; SolarWinds Inc.; Network Automation Inc.; Micro Focus International PLC; NetBrain Technologies Inc.; Apstra Inc.; Arista Networks Inc.; Extreme Networks Inc.; BMC Software Inc.; Fujitsu Limited; VMware Inc.; Nuage Networks (NOKIA CORPORATION); SaltStack Inc.; Forward Networks Inc.; AppViewX Inc.
Product enhancement campaigns by major market leaders to deliver innovative automation technologies to their consumers describe the global network automation industry's rivalry. Cisco, Juniper Networks, IBM, Micro Focus, NetBrain, Forward Networks, SolarWinds, VMware, BMC Software, Anuta Networks, BlueCat, Entuity, Veriflow, Riverbed, Itential, Volta Networks, Sedona Systems, Kentik, SaltStack, NetYCE, Versa Networks, AppViewX, BackBox, and 128 Technology are among the major key providers in the network automation industry."
Log in / Register