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, to grow from USD 50.7 billion in 2019 to USD 73.7 billion by 2024, at a Compound Annual Growth Rate (CAGR, 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.
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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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