Network Automation Market size is expected to Reach USD 21.43 Bn By 2029

Network Automation Market

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: 

The Network Automation Market research study investigates and analyses the market’s position during the forecast period. It is comprehensive research that focuses on primary and secondary drivers, market dominance, important segments, and geographic analysis. The study also examines noteworthy personalities, big partnerships, mergers, and acquisitions, as well as current innovation and corporate strategy.

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Network Automation Market Scope:

We looked at the Network Automation Market from every perspective possible, using both primary and secondary research methods. This increased our understanding of current market dynamics such supply-demand imbalances, pricing trends, product preferences, and customer behaviour. The data is then compiled and assessed using a range of market estimates and data validation processes. Furthermore, we have an in-house data forecasting engine that forecasts market growth until 2027.

Network Automation Market Segmentation: 

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 utilizing 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 analyze 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.

The Network Automation Market is divided into Small and Medium-sized Enterprises (SMEs) and Large Enterprises based on Organization Size. The rising popularity of cloud computing has encouraged the usage of SDN technology by SMEs. Budget constraints lead SMEs to favor cloud-based solutions generally on the market. These organizations have gradually started to use state-of-the-art technological innovations that enhance their operating capabilities 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.

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 centers, there are many computer, storage, and networking devices.

1 Global Network Automation Market, by Solution (2023-2029)
• SD-WAN
• Network Automation Tools
• Intent-Based Networking
2 Global Network Automation Market, by Organization Size (2023-2029)
• Small and Medium-sized Enterprises (SMEs)
• Large Enterprises
3 Global Network Automation Market, by Vertical (2023-2029)
• Information Technology (IT)
• Banking, Financial Services, and Insurance (BFSI)
• Manufacturing
• Healthcare
• Energy and Utilities
• Education
• Others
4 Global Network Automation Market, by Deployment Type (2023-2029)
• On-premises
• Cloud

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Network Automation Market Key Players:

Primary and secondary research is used to identify market leaders, and primary and secondary research is utilized to calculate market revenue. In-depth interviews with important thought leaders and industry specialists such as experienced front-line staff, CEOs, and marketing professionals were conducted as part of the core research. Primary research comprised in-depth interviews with prominent thought leaders and industry specialists, such as experienced front-line staff, CEOs, and marketing professionals, while secondary research included a review of the main manufacturers’ annual and financial reports. Secondary data is used to calculate percentage splits, market shares, growth rates, and worldwide market breakdowns, which are then compared to historical data. The players highlighted in this report are as follows:

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)

Regional Analysis:

The study takes an in-depth look at the local industry, using both qualitative and quantitative data. It gives a segment-by-segment overview and forecast of the worldwide Network Automation market. It also offers market size and forecast estimates for five major regions, including North America, Europe, Asia-Pacific, the Middle East and Africa, and South America, from 2021 to 2027. Each area’s Network Automation market is further subdivided into regions and segments. The report investigates and forecasts many countries, as well as existing trends and prospects in the field.

COVID-19 Impact Analysis on Network Automation Market:

We thoroughly researched and analyzed the Global Network Automation Market Development Strategy post-COVID-19, by corporate strategy analysis, landscape, type, application, and leading countries, which encompasses and analyses the potential of the global Network Automation industry, providing statistical data on market dynamics, growth factors, major challenges, PORTER analysis, and market entry strategy analysis, opportunities, and forecasts. The major purpose of the research is to offer industrial businesses a strategic analysis of COVID-19’s influence. Simultaneously, this investigation looked into the markets of major countries and highlighted their market potential.

Key Questions Answered in the Network Automation Market Report are:

  • What are the most promising high-growth opportunities in the global Network Automation sector, as defined by product category, End User, and Region?
  • Which Network Automation market segments will expand the fastest, and why?
  • Which areas will expand the fastest, and why?
  • What are the primary elements influencing Network Automation market dynamics? What are the primary drivers and obstacles in the Network Automation market?
  • What are the Network Automation market’s business risks and dangers?

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