The Network Automation Market 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. There has been an increasing adoption of advanced technologies such as Artificial Intelligence (AI) and Machine Learning (ML), Software-defined Wide Area Network (SD-WAN), 5G and Wi-Fi 6, and edge computing that help in improving the efficiency of networks and solving network issues (at times, even before they occur). Network automation is an essential step for enterprises to implement a networking solution that grows smarter, responsive, and constantly adopts and protects the network.
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Driver: Increasing network traffic and cloud
infrastructure leading to a significant transition in data centers
In the new cloud-based
world, the network is more important than ever to IT operations. Moreover, with
critical servers and data hosted in the cloud, network traffic is increasing,
as users access the data and computing resources from both remote locations and
corporate headquarters. The proliferation of cloud services that complement
traditional enterprise data centers has increased the complexity of network
traffic flow patterns. Many organizations are looking for ways to optimize
their networks to work with cloud platforms. The increased network traffic is
giving rise to the need for network automation solutions that enhance the
management of network traffic with complete network visibility across all
environments.
Opportunity: Rising investments in R&D
and emerging automation solutions
Networking companies are heavily
investing in the R&D of networking solutions, with a focus on long-term
value creation. Based on the fluctuations in short-term business performance
and financial results, leading networking companies have not reduced their
investment for the innovation and testing of network automation solutions. For
instance, networking companies, such as Forward Networks, have come up with
Intent-based Networking Solutions. Intent-based Networking takes business
policy as its input, converts the requirement to a network configuration, and
generates network designs.
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North
America to lead the network automation market in 2020
North America is estimated to hold the largest share of the global network automation market in 2020. In the region, 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.
Key
market players
The
network automation market comprises key solution and service providers, such as
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.
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