MarketsandMarketsforecasts the global network automation market size to grow from USD 2.3billion in 2017 to USD 16.9 billion by 2022, at a Compound Annual Growth Rate(CAGR) of 48.7% during 2017–2022. The global network automation market isgaining traction, owing to factors, such as Major drivers of the networkautomation market include the critical need for network bandwidth managementand network visibility, and increasing adoption of smart devices and of virtualand software-defined networking infrastructure. These factors are expected todrive the global network automation market.
Majordrivers of the network automation market include the critical need for networkbandwidth management and network visibility, and growing adoption of smartconnected devices across industry verticals. Moreover, increasing adoption ofvirtual and software-defined network infrastructure and network downtime causedthrough human errors are also some of the factors that are expected to drivethe market.
Browse71 market data Tables and 46 Figures spread through 142 Pages and in-depth TOCon "Network AutomationMarket by SD-WAN, Network Automation Tool, Intent-Based Networking,Network Infrastructure (Physical, Virtual, and Hybrid Network Configuration,and Automation), Service, Deployment, Vertical, and Region - Global Forecast to2022"
Major Key Companies:
Majorvendors in the network automation market include Cisco (US), Juniper Networks(US), IBM (US), Micro Focus (UK), NetBrain Technologies (US), SolarWinds (US),Riverbed Technology (US), BMC Software (US), Apstra (US), BlueCat (Canada),Entuity (UK), and Veriflow (US).
Thevirtual network configuration and automation segment is based on therequirement and need to enable installation and provision of virtual machines,virtual devices and workloads. The automation of virtual devices and machinesensures that there are no bottlenecks by providing centralized visibility andcontrol into the utilization and capacity of virtual devices in the virtualnetwork infrastructure. Virtual network configuration and automation isessential for enterprises to improve their network agility and enhance itsavailability.
TheIntent-based Networking segment is expected to grow at a higher CAGR during theforecast period. Intent-based Networking offers enhanced access control,scalability, security, and multi-vendor device management in an enterprisenetwork. The intent-based networking takes business policy as its inputsconvert the requirement to a network configuration, and generates a networkdesign. Moreover, it also validates whether the network can deliver theintended outcome. In addition to this, IBM also implements and automates theconfiguration across the enterprise network infrastructure leveraging itsautomation and orchestration capabilities.
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Thetelecom vertical is expected to grow at a higher CAGR during the forecastperiod. Telecom network operators are transforming their network environmentstoward an automated network infrastructure for the purpose of introducingadvanced value added services. The vision of telecom operators is to build aunified customer-centric, all IP-based service platform to deliver integratedfixed and mobile voice, data, and media broadband services to their end-users.Moreover, there have been exponential increase in number of smartphones,laptops, tablets, and other multi-media devices connected on the network.Moreover, IoT is expected to be the next big technology in the telecom sector;numerous services have been planned over cellular networks, including utilitymeters, vendor machines, and automotive applications.
In termsof geographic coverage, the global network automation market has been segmentedinto 5 major regions, namely, North America, Asia Pacific (APAC), Europe,Middle East and Africa (MEA), and Latin America. APAC is expected to record thehighest growth rate during the forecast period, as the region comprisesdeveloped and emerging economies, such as Japan, Australia, China, and India.market. APAC has witnessed advanced and dynamic adoption of new technologiesand has always been a lucrative market for network automation. APAC is expectedto grow at the highest CAGR during the forecast period in the networkautomation market. The APAC region includes, countries such as Australia, NewZealand, Japan, and Singapore which have always supported and promotedindustrial and technological growth. In addition, they possess developedtechnological infrastructure, which promotes increasing adoption of networkautomation solution across all industry verticals in this region.
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