Network Automation Market Size, Share & Segmentation by Component (Solution (Network Automation Tools, SD-WAN and Network, Virtualization, Internet-based Networking) Services (Professional service, Managed Service)), by Deployment Mode (On-premise and Cloud), by Organization Size (Large Size Organization and Small & Medium Size Organization), by Industry Vertical (BFSI, Retail & E-commerce, IT &Telecommunication, Manufacturing, Healthcare, Others) By Regions, and Global Forecast 2023-2030

Report Scope & Overview:

The Network Automation Market size was valued at USD 5.19 Bn in 2022 and is expected to reach USD 29.65 Bn by 2030, and grow at a CAGR of 24.32 % over the forecast period 2023-2030.

Network automation also refers to the automation of computer network activities. It may be set up by combining hardware and software solutions that aid in the management and execution of network tasks. Network automation is particularly important in network virtualization and software-defined networking, which allow for the automatic provisioning of virtual network functionalities.

Network automation technologies range from simple network mapping and device detection to more complicated operations such as network configuration management and virtual network resource provisioning. It is critical in software-defined networking, network virtualization, and network orchestration because it enables automated provisioning of virtual network tenants and services like virtual load balancing. It offers numerous key advantages, including increased efficiency, less human error, and lower operational expenses.

Juniper Networks incorporates AI to boost automation capabilities. Juniper Networks 2022 introduced a number of new technologies and solutions to enhance its AI-powered networking capabilities. Mist technology has been expanded by the firm to function over wired networks, data centers, and, most recently, SD-WAN. Juniper acquired Mist Systems in 2019, which appears to be a steal given that it has formed the cornerstone of the company's AI strategy. Mist was undoubtedly the greatest AI engine for WiFi at the time of acquisition.

MARKET DYNAMICS:

KEY DRIVERS:

• Increased network traffic and cloud technology are causing a substantial shift in data centers.

• The adoption of linked gadgets is increasing.

• Adoption of automation technologies such as AI and machine learning is increasing.

• Virtual and software-defined infrastructure are becoming more popular.

• Human error rates in manual systems have increased, resulting in network unavailability.

RESTRAINTS:

• Open-source automation tools are available.

OPPORTUNITY:

• Rising R&D spending and new automation solutions

• A growing number of startups are providing network automation solutions.

CHALLENGES:

• Rising security risks.

• Network administrators' lack of awareness.

IMPACT OF COVID-19:

The Covid-19 epidemic highlighted the importance of network automation. To combat the virus's rapid spread, businesses and organizations were obliged to provide work-from-home choices. As a result, institutions' reliance on network systems grew exponentially, hastening the development of network automation by service providers. Similarly, the notion of online classrooms and online meetings need automation in order to provide consistent and dependable network services. As a result, the covid epidemic increased reliance on the internet and communications networks, boosting the growth of the worldwide network automation market.

MARKET ESTIMATION:

In 2021, the solutions segment will lead the network automation market. An efficient network automation solution must be multi-level, allowing anything from virtual machines to system administration to network discovery as needed by a company. Network automation is a critical step in implementing a networking system that becomes smarter, more responsive, and continually adapts and protects the network. Solutions for network automation include network automation tools and intent-based networking.

The cloud segment is expected to lead the network automation market from 2022 to 2028, based on deployment mode. By employing cloud computing capabilities, cloud network automation provides quick and secure network configuration. Furthermore, the cloud deployment architecture expands the capability of a system to accommodate massive network application traffic. Small businesses may gather and analyze data with the help of these solutions, which improves customer service. Because of the numerous benefits provided by the cloud deployment paradigm, the demand for cloud-based network automation solutions is already outpacing that of its on-premises counterparts.

The increased usage of cloud technologies has expedited SDN technology adoption among SMEs. Due to financial restrictions, SMEs often prefer the market's cloud-based solutions. These firms have increasingly begun to use technologically advanced goods that improve company functionality while using minimal resources. Network automation may help SMEs save money on network infrastructure while also reducing the time spent resolving network issues.

The IT vertical is expected to lead the network automation market from 2022 to 2028. There are several computations, storage, and network equipment in data centers. As a result, data centers must deal with difficulties in configuring and managing this multi-vendor equipment. Network growth has also increased the OPEX for sustaining IT staff and enhancing responsiveness to changing business demands. These reasons have prompted IT departments to make large expenditures on network infrastructure maintenance, fueling the growth of the network automation market.

KEY MARKET SEGMENTS:

On The Basis of Component         

• Solution

  • Network Automation Tools

  • SD-WAN and Network

  • Virtualization

  • Internet-based Networking

• Services

  • Professional service

  • Managed Service

On The Basis of Deployment Mode        

• On-premise

• Cloud

On The Basis of Organization Size          

• Large Size Organization

• Small & Medium Size Organization

On The Basis of Industry Vertical          

• BFSI

• Retail & E-commerce

• IT & Telecommunication

• Manufacturing

• Healthcare

• Others

REGIONAL ANALYSIS:

The North American area dominates the network automation market, with the United States holding the greatest market share. The region's supremacy in internet penetration and technology use is projected to be a significant driver of network automation solution adoption. A significant increase in connected and mobile devices is driving up demand for better network services. Because North America has traditionally been at the forefront of technological innovation, the area saw the greatest adoption of linked devices. Furthermore, the growing number of connected and mobile devices is giving rise to a diverse set of endpoints. As more people, devices, and applications rely on the network for crucial connections, the demand for dependable network design grows. As a result, businesses are increasingly using advanced management techniques, such as artificial intelligence, to build self-driving or autonomous networks. ​

REGIONAL COVERAGE:

• North America

  • USA

  • Canada

  • Mexico

• Europe

  • Germany

  • UK

  • France

  • Italy

  • Spain

  • The Netherlands

  • Rest of Europe

• Asia-Pacific

  • Japan

  • south Korea

  • China

  • India

  • Australia

  • Rest of Asia-Pacific

• The Middle East & Africa

  • Israel

  • UAE

  • South Africa

  • Rest of Middle East & Africa

• Latin America

  • Brazil

  • Argentina

  • Rest of Latin America

KEY PLAYERS:

The major key players are IBM Corporation, CISCO System Inc., Juniper Network Inc., SolarWinds Inc., Hewlett Packard Enterprise Development LP, Network Automation Inc., BMC Software Inc., VMWare Inc., Apstra Inc., and Sedona Systems.

Frequently Asked Questions (FAQ) :