Network Automation Market - Global Opportunity Analysis and Industry Forecast (2021-2028)
Meticulous Research® – a
leading global market research company published a research report titled “Network Automation Market by
Component, Deployment Mode, Industry Size, Networking Type (Physical
Networking, Virtual Networking, Hybrid
Networking), Industry Vertical (CSPs, Data Centers, and Enterprises)– Global
Forecast to 2028.”
According to this latest publication from Meticulous Research®, the global network automation market is expected to grow at a
CAGR of 22.8% from 2021 to 2028 to reach $32.4 billion by 2028. This market is
majorly driven by the factors such as the increasing demand for smart
healthcare systems with intent-based networking technology, the growing need to
detect and identify old hardware, compliance and storage issues, and the
increasing need for zero-touch provisioning and unified network visibility.
Furthermore, rising demand for connecting data centers,
increasing demand to secure and meet compliance standards, and rising need for
cloud-based network function virtualization (NFV) platforms by the
telecommunication industry are expected to offer significant growth
opportunities for players operating in the network automation market. However,
the increasing availability of open-source automation tools and the negative
impact of COVID-19 on the global economy have impacted the market growth
considerably.
The global network automation market study presents historical
market data in terms of value and volume (2019 and 2020), estimated current
data (2021), and forecasts for 2028. The market is segmented based on component
(solutions/software, professional services), deployment mode (on-premises and
cloud-based), industry size (large enterprises, small and mid-sized
enterprises), networking type (physical networking, virtual networking, hybrid
networking), industry vertical (CSPS, data centers, and enterprises). The study
also evaluates industry competitors and analyses the market at a country level.
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Scope of the Report
Network
Automation Market, by Component
- Solutions
/ Software
- Configuration
Management Tools
- SD-WAN
and Network Virtualization Tools
- Intent-based
Networking Solutions/Platforms
- Other
Network Automation Tools
- Professional
Services
- Advisory,
Analytics & Automation
- Deployment
& Integration
- Training
& Supporting
Network
Automation Market, by Deployment Mode
- On-premises
- Cloud-based
Network
Automation Market, by Industry Size
- Large
Enterprises
- Small
and Mid-Sized Enterprises
Network Automation
Market, by Networking Type
- Physical
Networking
- Virtual
Networking
- Hybrid
Networking
Network Automation
Market, by Industry Vertical
- CSPs
- Data
Centers
- Enterprises
- IT
& Telecommunication
- Manufacturing
- Government
& Public Sector
- Retail
- BFSI
- Healthcare
and Life Science
- Education
- Energy
and Utilities
- Media
& Entertainment
- Other
Industry
Network
Automation Market, by region
- North
America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Netherlands
- Rest
of Europe
- Asia-Pacific
- Japan
- China
- India
- South
Korea
- Thailand
- Indonesia
- Australia
& New Zealand
- Rest
of Asia-Pacific
- Latin
America
- Brazil
- Mexico
- Rest
of Latin America
- Middle
East & Africa
- Saudi
Arabia
- UAE
- Israel
- Rest
of MEA
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Based on
component, the network automation market is segmented into
software/solutions and professional services. In 2021, the solutions segment is
expected to account for the largest share of the network automation market. The
large share of this segment is mainly attributed to the rising investment in
R&D activities, increasing and varying connectivity demands by
communication service providers, and the presence of well-established network
automation solution providers.
Based on
deployment mode, the network automation market is segmented
into on-premises and cloud-based. In 2021, the on-premises segment is expected
to command the largest share of the network automation market due to the
acceptance of network automation solutions among large enterprises, rising
demand for advanced security and control, and increasing deployment of network
automation solutions across on-premises data centers. However, the cloud-based
segment is expected to grow at the highest CAGR during the forecast period. The
growing sophistication in cloud deployments, increasing use of cloud networks,
and superior flexibility offered by cloud deployments are the factors driving
the growth of this segment.
Based on
industry size, the network automation market is segmented into large-size
enterprises and small & mid-sized enterprises. In 2021, the large
enterprises segment is expected to command the largest share of the network
automation market. The large share is majorly attributed to the rising demand
by the largest telecommunication service providers and increasing demand for
network automation solutions by large data centers and campus environments.
Moreover, the small and mid-sized enterprises segment is expected to grow at
the highest CAGR during the forecast period. The need to create an agile,
secure, and efficient work environment and growing demand by SMEs such as
education, retail, healthcare, manufacturing, government, and manufacturing
industries are the factors driving the growth of this segment.
Based on
networking type, the network automation market is segmented into physical
networking, virtual networking, and hybrid networking. In 2021, the physical
networking segment is expected to command the largest share of the network
automation market. The large share of this segment is mainly attributed to the
rising demand to manage the complexities of modern and dynamic networks and
orchestrate services in a physical network and rising demand to monitor
networks infrastructure for solving issues across the physical network.
However, the virtual networking segment is expected to record
the highest growth over the forecast period. Rising need to reduce manual work
of network configuration, growing demand to reduce costs and speed up the
delivery of network-based services, increasing emphasis of leading players to
deploy virtualized applications and rising demand for faster troubleshooting from
fault detection to fault isolation is expected to support the segment’s high
growth rate.
Based on
industry vertical, the network automation market is
segmented into CSPs, data centers, and enterprises. In 2021, the data centers
segment is expected to command the largest share of the network automation
market. The large share of this segment is mainly attributed to the growing
demand to automate routine workflows and processes of data centers, increasing
deployments of network automation solutions for data centers, and the growing
need to reduce repetitive or mundane tasks, speed up processes, and drive down
overhead in data centers.
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However, the enterprises segment is expected to record the
fastest growth over the forecast period. The rising demand for network
automation solutions that integrates with multiple vendors and environments,
rising demand for network automation solutions from enterprises, and increasing
deployments of network automation solutions across several enterprises are
expected to support the segment’s high growth rate.
Geographically, the North American region is expected to command
the largest share of the network automation market in 2021. North America
keenly focuses on adopting network automation solutions to enhance its network
infrastructure and leverage the benefits of new technologies, such as virtual
networking and software-defined networking. Furthermore, several enterprises in
the region are adopting network automation solutions to enhance their IT
infrastructure and leverage the benefits of automated networking solutions such
as enhanced security, reduction in manual working, and increased productivity.
However, Asia-Pacific is expected to grow with the highest
growth rate over the forecast period. The region's high growth rate is
attributed to growing telecommunication sectors across several developing
countries and several smart cities projects undertaken. The introduction of 5G
in the region is also expected to help the region to grow significantly.
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The key players operating in the global network automation
market are Cisco Systems, Inc. (U.S.), VMware, Inc. (U.S.), Red Hat, Inc.
(U.S.), IBM Corporation (U.S.), Juniper Networks, Inc. (U.S.), Micro
Focus International plc (U.K.), BMC Software, Inc. (U.S.), Fujitsu Group
(Japan), AppViewX (U.S.), Telefonaktiebolaget LM Ericsson (Sweden), Forward
Networks, Inc. (U.S.), SolarWinds Corporation (U.S.), Apstra (U.S.), NetBrain
(U.S.), BlueCat Networks (Canada), Itential (U.S.), NetYCE (Netherlands)
Microsoft Corporation (U.S.), Hewlett Packard Enterprise Development LP (U.S.),
Dell Technologies, Inc. (U.S.), NVIDIA Corporation (U.S.), Huawei Technologies
Co., Ltd. (China), Arista Networks, Inc. (U.S.), Anuta Networks International
LLC (U.S.), Nokia Corporation (Finland), Palo Alto Networks, Inc. (U.S.), and
Fortinet, Inc. (U.S.).
Key
questions answered in the report-
- Which are
the high-growth market segments in terms of the component, networking
type, industry size, deployment mode, industry vertical, and countries?
- What is
the historical market for network automation across the globe?
- What are
the market forecasts and estimates from the period of 2021-2028?
- What are
the major drivers, restraints, and opportunities in the global network
automation market?
- Who are
the major players in the global network automation market, and what market
share do they hold?
- How is
the competitive landscape of the global network automation market?
- What are
the recent developments in the global network automation market?
- What are
the different strategies adopted by the major players in the market?
- What are
the geographic trends and high growth countries?
- Who are
the local emerging players in the global network automation market, and
how do they compete with the other players?
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