According to a research report "Network Automation Market by Network Automation Tool, Intent-Based Networking, Network Type (Physical, Virtual, and Hybrid), Service, Deployment Mode (Cloud and On-Premises), End User, Enterprise Vertical, and Region - Global Forecast to 2025" published by MarketsandMarkets, size is projected to grow from USD 2.9 billion in 2020 to USD 8.9 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 24.8% during the forecast period. The major factors driving the growth of the network automation market include increasing network traffic and cloud infrastructure leading to a significant transition in data centers, increasing adoption of connected devices, increasing adoption of automation technologies such as AI and machine learning, rising adoption of virtual and software-defined infrastructure, and surge in human error rates in manual systems causing network downtime.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=156261086
By component, the solutions segment to lead
the market during the forecast period
An effective network
automation solution must be multi-level, which should allow everything from
virtual machines, to management of systems, to network discovery as required by
an enterprise. Network automation is an essential step for enterprises to implement
a networking solution that grows smarter, responsive, and constantly adopts and
protects the network. Network automation consists of solutions including
network automation tools and intent-based networking.
By solution, network automation tools segment
to lead the market during the forecast period
Network automation tools
are the software used for automating the deployment, management, testing,
configuration, and operation of physical and virtual devices within the
network. Network automation reduces the network operation cost by automating
time-consuming manual compliance and configuration tasks. These tools help in
enhancing the efficiency of the network operation, as they enable the IT team
to deal with errors before they impact the network availability. They also
enhance the security compliance of the network (by automating security
compliance).
The manufacturing vertical to grow at a
higher CAGR during the forecast period
In the manufacturing industry, network
automation solutions are being deployed to optimize the networking of devices
in manufacturing plants. In this modern era, manufacturers are building smart
factories by leveraging technologies such as automation, AI, augmented reality,
and IoT. These technologies are enabling the use of efficient network
automation solutions, which help network operations teams to integrate siloed
networks on manufacturing plant floors (by supporting validated data collection
across variable protocols), improve troubleshooting and communication, and
enhance network security.
Request a Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=156261086
North
America to hold the highest market size during the forecast period
North America is projected to lead the network automation
market during the forecast period. In
North America, enterprises and service providers are continuously changing
their network infrastructure to cope with advanced technologies. North America
is home to many technological innovators. Most of the leading market players,
such as Cisco, IBM, Juniper Networks, and NetBrain, have their headquarters in
this region. These players provide effective network automation solutions
worldwide and possess a huge customer base. North America is expected to remain
a leader in the market, due to the rising demand for high-speed networks and
increasing competition among major players in the networking industry for
providing a better customer experience.
Key players operating in the network automation market
include Cisco, Juniper Networks, IBM, Micro Focus, NetBrain, Forward Networks,
SolarWinds, VMware, BMC Software, Anuta Networks, Apstra, BlueCat, Entuity,
Veriflow, Riverbed, Itential, Volta Networks, Sedona Systems, Kentik,
SaltStack, NetYCE, Versa Networks, AppViewX, BackBox and 128 Technology. These
players have adopted various organic and inorganic strategies to grow in the
global network automation market.
About
MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth
niche opportunities/threats which will impact 70% to 80% of worldwide
companies’ revenues. Currently servicing 7500 customers worldwide including 80%
of global Fortune 1000 companies as clients. Almost 75,000 top officers across
eight industries worldwide approach MarketsandMarkets™ for their painpoints
around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking
global high growth markets following the "Growth Engagement Model –
GEM". The GEM aims at proactive collaboration with the clients to identify
new opportunities, identify most important customers, write "Attack, avoid
and defend" strategies, identify sources of incremental revenues for both
the company and its competitors. MarketsandMarkets™ now coming up with 1,500
MicroQuadrants (Positioning top players across leaders, emerging companies,
innovators, strategic players) annually in high growth emerging segments.
MarketsandMarkets™ is determined to benefit more than 10,000 companies this
year for their revenue planning and help them take their
innovations/disruptions early to the market by providing them research ahead of
the curve.
MarketsandMarkets’s flagship competitive intelligence and market research
platform, "Knowledge Store" connects over 200,000 markets and entire
value chains for deeper understanding of the unmet insights along with market
sizing and forecasts of niche markets.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
No comments:
Post a Comment