Network Automation Market Size, Analysis, Opportunities, Challenges, Drivers, Growth, Countries, Revenue, and Forecast 2021 to 2030

In a recent published report, Kenneth Research has updated the market report for Network Automation Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Network Automation Market products.

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The Network Automation Market is estimated to record a significant growth throughout the forecast period. The ICT sector constitutes 4.8% of the European economy. Europe’s organization ERDF i.e. European Regional Development Fund has allotted approximately USD 23 billion for investments related to ICT during the funding period 2014-2020. ICT refers to the communication technologies including the internet, wireless networks, social networking, cell phones, video-conferencing, computers, software, and other media applications and services enabling users to access, retrieve, and manipulate information in a digital form.

Network automation refers to automating the operations of a computer network. It can be deployed through the integration of hardware and software solutions which can help in managing and executing network processes. Network automation plays a vital role in network virtualization and SD (Software-defined) networking, allowing automated provisioning of virtual network functions, for instance, virtual load balancing.

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Incorporation of network automation benefits in improving efficiency, lowering operational expenses, reducing the possibility of errors, and improving business continuity & agility. Automation can be deployed in various types of networks such as data center networks, cloud networks, wireless and WAN (Wide Area Networks) through application programming interface. Leveraging on the features above, companies can deliver higher level of services with more consistency across branches and geographies.

The rise in adoption of virtual and software-defined wide area network infrastructure across enterprises and demand for bandwidth management across SME are primarily driving the global network automation market. The demand for advanced networking solutions by major organizations and heavy investments in research and development of network automation is fuelling the market growth. However, the open source network automation solutions are going to fetter the market growth during the forecast period.

Segmentation

The global network automation market is segmented on the basis of the component, network infrastructure, deployment, organization size, vertical and region. On the basis of the component, the segment is further classified into solution and services. The solution can be further segmented into SD-WAN, network automation tools, and intent-based working. The services can be further classified into professional and managed services. On the basis of network infrastructure, the segment is further classified into physical network configuration, virtual network configuration, and hybrid network configuration.

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On the basis of deployment, the segment is further classified into on-cloud and on-premise. On the basis of organization size, the segment is further classified into SME and large enterprises. The network automation is widely deployed in many verticals like IT and Telecommunications, media & entertainment, energy and utilities and many others.Global Network Automation Services are Expected to reach USD 27 billion at CAGR 49% through the forecast period.

Regional Analysis

The global network automation market is studied in North America, Europe, Asia Pacific, and rest of the world. North America is expected to hold major market share and is expected to continue through the forecast period. The growing adoption of smart connected devices in the region and presence of major players in the region are driving the market in this region. Asia Pacific is expected to show high growth rate during the forecast period. The emergence of cloud networking and high demand for network automation across developing countries like China and India are driving the market in this region. The rapid adoption of colocation of data centers and internet of things are fuelling the market growth in this region.

Some of the key players in the global network automation market are Cisco Systems, Inc. (U.S.), Juniper Networks, Inc. (U.S.), IBM Corporation (U.S.), Micro Focus International plc (U.K), NetBrain Technologies Inc. (U.S.), SolarWinds Inc. (U.S.), Riverbed Technology, Inc. (U.S.), BMC Software (U.S.), Apstra (U.S.), BlueCat (Canada), Entuity (U.K), and Veriflow Systems (U.S.). The key players in the area are undergoing constant innovations and developments and various merger and acquisition activities in order to generate cost-effective product portfolio.

Some of the key innovators in the area are Anuta Networks (U.S.), 6connect, Inc.(U.S.), FedTech Services (Canada), HelpSystems, LLC (U.S.), Network to Code (U.S.), puppet (U.S.), Infoblox (U.S.), Efficient IP (U.S.), Triangular Automation (India), Accenture PLC (Ireland) and others.

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Intended Audience

Network Automation providers

Telecommunication providers

Enterprise data center professionals

IT suppliers

Consultancy and advisory firms

Regulatory agencies

Technology consultants

Government

System Integrators

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