According to a research report "Network Automation Market demand is growing due to 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. - Global Forecast to 2025" published by MarketsandMarkets. 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.
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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.
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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.
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