Network Automation Market Forecasts to 2028 - Global Analysis By Network Type (Physical, Virtual and Other Network Types), Solution Type (Network Automation Tools, SD-WAN & Network Virtualization and Other Solution Types), Service Type (Managed Service, Professional Service and Other Service Types), Deployment, End User and By Geography
|
Years Covered |
2020-2028 |
|
Estimated Year Value (2022) |
US $3.21 BN |
|
Projected Year Value (2028) |
US $12.16 BN |
|
CAGR (2022 - 2028) |
24.8% |
|
Regions Covered |
North America, Europe, Asia Pacific, South America, and Middle East & Africa |
|
Countries Covered |
US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa |
|
Largest Market |
Asia Pacific |
|
Highest Growing Market |
Europe |
According to Stratistics MRC, the Global Network Automation Market is accounted for $3.21 billion in 2022 and is expected to reach $12.16 billion by 2028 growing at a CAGR of 24.8% during the forecast period. Network automation is the process of using software to automate network and security provisioning and management in order to continuously maximize network efficiency and functionality. Network automation has been used in combination with network virtualization. Additionally, it enables lively and flexible operations that meet company expectations, cut operational costs, and improve effectiveness and efficiency.
According to the Verizon Network Report, April 22, the overall data volume across its networks increased by 19% compared to pre-COVID levels. While data usage remains elevated, the changes in how people use the network have stabilized. Verizon expects the user to continue at sustained higher levels in the future.
Market Dynamics:
Driver:
Growing investments in emerging automation solutions
Model-driven network with fully programmable and modern applications like artificial intelligence (AI) and machine learning (ML) support these solutions' data analysis. As a result, the businesses are better able to deliver forecast analyses, comprehend develop patterns, and offer advice to network management teams. It enhances operational effectiveness, boosts network service availability, and lowers the possibility of human mistake, all of which promote customer satisfaction. IT companies have started putting money into automation solutions to increase efficiency, reduce mistake, and free up more human resource management for other projects. Thus, increase in the investments in automation solutions to drive the market growth.
Restraint:
Complications coupled with Network Automation
Some businesses have distrust in automated systems' ability to spot security concerns or consider putting too many limitations on the network. Additionally, installing automated solutions or systems in the organisation helps in the hiring of professionals or in the training of current network teams, ultimately raising the costs of the business. It would be significantly more challenging for the networking team to maintain infrastructure if there were no clearly established standards that all networking manufacturers had to comply to. It can occasionally result in configuration errors, which causes the network to collapse right away thereby hindering the market growth.
Opportunity:
Burst in implementation of Connected Device
The connected devices are growing at a faster pace than the overall population. The exponential increase in connected devices demands a new approach focused on automation and self-servicing capabilities to supervise and control the complicated operations of cloud services and networks. Network automation systems can assist the maintenance of both both physical and virtual network devices, aiding networking professionals to stay up with this development. Thus, the rapid use of connected devices is expected to accelerate the growth of the worldwide network automation market.
Threat:
Availability of open source automation tools
Effective open source network monitoring solutions have been created by a number of open source technology developers that are thought to be preferable to their most expensive commercial counterparts. The market for commercial network automation solutions is being constrained by the availability of such affordable and open-sourced technologies. However, some manufacturers are attempting to profit from open source network solutions by making for-profit upgrades to these goods are hindering the network automation market growth.
Covid-19 Impact
Due to the growing use of internet subscribers, networking services, and remote access services in sectors like manufacturing, BFSI, and others, the COVID-19 pandemic had a positive effect on the IT and telecommunication sectors. The construction of adequate communication systems and solutions for technological developments in 5G services came about as a result of the continuous changeover from traditional company operations to online platforms. The companies that provided communication services were essential in maintaining the network infrastructure and positively impacted in the global market.
The Network automation tools segment is expected to be the largest during the forecast period
The Network automation tools segment is estimated to have a lucrative growth, due to their application in helping to automate provisioning, configuration, troubleshooting, operations, maintenance, validation and reporting of network components. An automated network can boost consistency, performance and security. Network automation also lets businesses conduct complicated network analysis using data from numerous sources, such as routers, logs, configuration files and user devices which are accelerating the growth of the network automation market.
The IT & telecom segment is expected to have the highest CAGR during the forecast period
The IT & telecom segment is anticipated to witness the fastest CAGR growth during the forecast period, due to their adoption to the telecom service providers, almost all sectors' IT departments have started building virtualized data centres with analytics to enable networks withstand new demands and obstacles in order to establish modern responsive network architecture, advantages such as improved efficiency in communication is everything in the market, improves team work, saves time, costs and office space. Hence all the above advantages are driving the market growth.
Region with highest share:
Asia Pacific is projected to hold the largest market share during the forecast period owing to the increasing penetration of network automation solutions and services and the emergence of start-ups adopting network automation in the region. India and China have an extensive and distributed customer base driving the demand and creating new regional opportunities. Additionally, the untouched potential of the area is creating new investment opportunities for improved communication networks using big data, machine learning (ML), and artificial intelligence (AI). Global corporations are increasing their presence all through APAC region, creating a large consumer base and internet subscribers that create profitable market opportunities in this region.
Region with highest CAGR:
Europe is projected to have the highest CAGR over the forecast period, owing to the increasing acceptance of automation solutions by telecom service providers to deliver better services to the end-user. Also, the CSPs in this region are focusing on getting better the efficiency of the active spectrum. The rising need for fulfilment management and optimized network owing to the growing internet subscribers is one of the major factors enhancing the growth of the market in this region.
Key players in the market
Some of the key players profiled in the Network Automation Market include IBM Corporation, Hewlett Packard Enterprise Development LP, Cisco Systems Inc., Juniper Networks Inc., SolarWinds Inc., Micro Focus International PLC, Extreme Networks Inc., Arista Networks Inc., NetBrain Technologies Inc, Network Automation Inc, Nuage Networks (NOKIA CORPORATION), BMC Software Inc, Forward Networks Inc, AppViewX Inc, VMware Inc. + Saltstack and Fujitsu Limited .
Key Developments:
In Dec 2022, IBM and Rapidus Form Strategic Partnership to Build Advanced Semiconductor Technology and Ecosystem in Japan This work will leverage IBM's decades of expertise in semiconductor research and design. In 2021, IBM announced that it had developed the world's first 2 nm node chip, which is projected to achieve 45% better performance or 75% more energy efficiency than leading 7 nm chips.
In Dec 2022, IBM to Acquire Octo announced an agreement to acquire Octo, a U.S.-based IT modernization and digital transformation services provider exclusively serving the U.S. federal government, including defense, health, and civilian agencies. IBM's acquisition of Octo establishes one of the largest digital transformation partners to the federal government.
In Dec 2022, T-Mobile and Cisco Launch World’s Largest Cloud Native Converged Core Gateway taking the Un-carrier’s 5G standalone core to the next level. T-Mobile has moved all of its 5G and 4G traffic to the new cloud native 5G converged core, boosting performance for its customers.
Network Types Covered:
• Physical
• Virtual
• Hybrid
• Other Network Types
Solution Types Covered:
• Network Automation Tools
• SD-WAN & Network Virtualization
• Intent-Based Networking
• Other Solution Types
Service Types Covered:
• Managed Service
• Professional Service
• Other Service Types
Deployments Covered:
• Cloud
• On-premise
• Hybrid
• Other Deployments
End Users Covered:
• Banking & Financial Services
• IT & Telecom
• Manufacturing
• Energy & Utility
• Education
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 End User Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Network Automation Market, By Network Type
5.1 Introduction
5.2 Physical
5.3 Virtual
5.4 Hybrid
5.5 Other Network Types
6 Global Network Automation Market, By Solution Type
6.1 Introduction
6.2 Network Automation Tools
6.3 SD-WAN & Network Virtualization
6.4 Intent-Based Networking
6.5 Other Solution Types
7 Global Network Automation Market, By Service Type
7.1 Introduction
7.2 Managed Service
7.3 Professional Service
7.4 Other Service Types
8 Global Network Automation Market, By Deployment
8.1 Introduction
8.2 Cloud
8.3 On-premise
8.4 Hybrid
8.5 Other Deployments
9 Global Network Automation Market, By End User
9.1 Introduction
9.2 Banking & Financial Services
9.3 IT & Telecom
9.4 Manufacturing
9.5 Energy & Utility
9.6 Education
9.7 Other End Users
10 Global Network Automation Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 IBM Corporation
12.2 Hewlett Packard Enterprise Development LP
12.3 Cisco Systems Inc.
12.4 Juniper Networks Inc.
12.5 SolarWinds Inc.
12.6 Micro Focus International PLC
12.7 Extreme Networks Inc.
12.8 Arista Networks Inc.
12.9 NetBrain Technologies Inc.
12.10 Network Automation Inc.
12.11 Nuage Networks (NOKIA CORPORATION)
12.12 BMC Software Inc.
12.13 Forward Networks Inc.
12.14 AppViewX Inc.
12.15 VMware Inc. + Saltstack
12.16 Fujitsu Limited
List of Tables
1 Global Network Automation Market Outlook, By Region (2020-2028) ($MN)
2 Global Network Automation Market Outlook, By Solution Type (2020-2028) ($MN)
3 Global Network Automation Market Outlook, By Network Automation Tools (2020-2028) ($MN)
4 Global Network Automation Market Outlook, By SD-WAN & Network Virtualization (2020-2028) ($MN)
5 Global Network Automation Market Outlook, By Intent-Based Networking (2020-2028) ($MN)
6 Global Network Automation Market Outlook, By Other Solution Types (2020-2028) ($MN)
7 Global Network Automation Market Outlook, By Service Type (2020-2028) ($MN)
8 Global Network Automation Market Outlook, By Managed Service (2020-2028) ($MN)
9 Global Network Automation Market Outlook, By Professional Service (2020-2028) ($MN)
10 Global Network Automation Market Outlook, By Other Service Types (2020-2028) ($MN)
11 Global Network Automation Market Outlook, By Deployment (2020-2028) ($MN)
12 Global Network Automation Market Outlook, By Cloud (2020-2028) ($MN)
13 Global Network Automation Market Outlook, By On-premise (2020-2028) ($MN)
14 Global Network Automation Market Outlook, By Hybrid (2020-2028) ($MN)
15 Global Network Automation Market Outlook, By Other Deployments (2020-2028) ($MN)
16 Global Network Automation Market Outlook, By End User (2020-2028) ($MN)
17 Global Network Automation Market Outlook, By Banking & Financial Services (2020-2028) ($MN)
18 Global Network Automation Market Outlook, By IT & Telecom (2020-2028) ($MN)
19 Global Network Automation Market Outlook, By Manufacturing (2020-2028) ($MN)
20 Global Network Automation Market Outlook, By Energy & Utility (2020-2028) ($MN)
21 Global Network Automation Market Outlook, By Education (2020-2028) ($MN)
22 Global Network Automation Market Outlook, By Other End Users (2020-2028) ($MN)
23 North America Network Automation Market Outlook, By Country (2020-2028) ($MN)
24 North America Network Automation Market Outlook, By Solution Type (2020-2028) ($MN)
25 North America Network Automation Market Outlook, By Network Automation Tools (2020-2028) ($MN)
26 North America Network Automation Market Outlook, By SD-WAN & Network Virtualization (2020-2028) ($MN)
27 North America Network Automation Market Outlook, By Intent-Based Networking (2020-2028) ($MN)
28 North America Network Automation Market Outlook, By Other Solution Types (2020-2028) ($MN)
29 North America Network Automation Market Outlook, By Service Type (2020-2028) ($MN)
30 North America Network Automation Market Outlook, By Managed Service (2020-2028) ($MN)
31 North America Network Automation Market Outlook, By Professional Service (2020-2028) ($MN)
32 North America Network Automation Market Outlook, By Other Service Types (2020-2028) ($MN)
33 North America Network Automation Market Outlook, By Deployment (2020-2028) ($MN)
34 North America Network Automation Market Outlook, By Cloud (2020-2028) ($MN)
35 North America Network Automation Market Outlook, By On-premise (2020-2028) ($MN)
36 North America Network Automation Market Outlook, By Hybrid (2020-2028) ($MN)
37 North America Network Automation Market Outlook, By Other Deployments (2020-2028) ($MN)
38 North America Network Automation Market Outlook, By End User (2020-2028) ($MN)
39 North America Network Automation Market Outlook, By Banking & Financial Services (2020-2028) ($MN)
40 North America Network Automation Market Outlook, By IT & Telecom (2020-2028) ($MN)
41 North America Network Automation Market Outlook, By Manufacturing (2020-2028) ($MN)
42 North America Network Automation Market Outlook, By Energy & Utility (2020-2028) ($MN)
43 North America Network Automation Market Outlook, By Education (2020-2028) ($MN)
44 North America Network Automation Market Outlook, By Other End Users (2020-2028) ($MN)
45 Europe Network Automation Market Outlook, By Country (2020-2028) ($MN)
46 Europe Network Automation Market Outlook, By Solution Type (2020-2028) ($MN)
47 Europe Network Automation Market Outlook, By Network Automation Tools (2020-2028) ($MN)
48 Europe Network Automation Market Outlook, By SD-WAN & Network Virtualization (2020-2028) ($MN)
49 Europe Network Automation Market Outlook, By Intent-Based Networking (2020-2028) ($MN)
50 Europe Network Automation Market Outlook, By Other Solution Types (2020-2028) ($MN)
51 Europe Network Automation Market Outlook, By Service Type (2020-2028) ($MN)
52 Europe Network Automation Market Outlook, By Managed Service (2020-2028) ($MN)
53 Europe Network Automation Market Outlook, By Professional Service (2020-2028) ($MN)
54 Europe Network Automation Market Outlook, By Other Service Types (2020-2028) ($MN)
55 Europe Network Automation Market Outlook, By Deployment (2020-2028) ($MN)
56 Europe Network Automation Market Outlook, By Cloud (2020-2028) ($MN)
57 Europe Network Automation Market Outlook, By On-premise (2020-2028) ($MN)
58 Europe Network Automation Market Outlook, By Hybrid (2020-2028) ($MN)
59 Europe Network Automation Market Outlook, By Other Deployments (2020-2028) ($MN)
60 Europe Network Automation Market Outlook, By End User (2020-2028) ($MN)
61 Europe Network Automation Market Outlook, By Banking & Financial Services (2020-2028) ($MN)
62 Europe Network Automation Market Outlook, By IT & Telecom (2020-2028) ($MN)
63 Europe Network Automation Market Outlook, By Manufacturing (2020-2028) ($MN)
64 Europe Network Automation Market Outlook, By Energy & Utility (2020-2028) ($MN)
65 Europe Network Automation Market Outlook, By Education (2020-2028) ($MN)
66 Europe Network Automation Market Outlook, By Other End Users (2020-2028) ($MN)
67 Asia Pacific Network Automation Market Outlook, By Country (2020-2028) ($MN)
68 Asia Pacific Network Automation Market Outlook, By Solution Type (2020-2028) ($MN)
69 Asia Pacific Network Automation Market Outlook, By Network Automation Tools (2020-2028) ($MN)
70 Asia Pacific Network Automation Market Outlook, By SD-WAN & Network Virtualization (2020-2028) ($MN)
71 Asia Pacific Network Automation Market Outlook, By Intent-Based Networking (2020-2028) ($MN)
72 Asia Pacific Network Automation Market Outlook, By Other Solution Types (2020-2028) ($MN)
73 Asia Pacific Network Automation Market Outlook, By Service Type (2020-2028) ($MN)
74 Asia Pacific Network Automation Market Outlook, By Managed Service (2020-2028) ($MN)
75 Asia Pacific Network Automation Market Outlook, By Professional Service (2020-2028) ($MN)
76 Asia Pacific Network Automation Market Outlook, By Other Service Types (2020-2028) ($MN)
77 Asia Pacific Network Automation Market Outlook, By Deployment (2020-2028) ($MN)
78 Asia Pacific Network Automation Market Outlook, By Cloud (2020-2028) ($MN)
79 Asia Pacific Network Automation Market Outlook, By On-premise (2020-2028) ($MN)
80 Asia Pacific Network Automation Market Outlook, By Hybrid (2020-2028) ($MN)
81 Asia Pacific Network Automation Market Outlook, By Other Deployments (2020-2028) ($MN)
82 Asia Pacific Network Automation Market Outlook, By End User (2020-2028) ($MN)
83 Asia Pacific Network Automation Market Outlook, By Banking & Financial Services (2020-2028) ($MN)
84 Asia Pacific Network Automation Market Outlook, By IT & Telecom (2020-2028) ($MN)
85 Asia Pacific Network Automation Market Outlook, By Manufacturing (2020-2028) ($MN)
86 Asia Pacific Network Automation Market Outlook, By Energy & Utility (2020-2028) ($MN)
87 Asia Pacific Network Automation Market Outlook, By Education (2020-2028) ($MN)
88 Asia Pacific Network Automation Market Outlook, By Other End Users (2020-2028) ($MN)
89 South America Network Automation Market Outlook, By Country (2020-2028) ($MN)
90 South America Network Automation Market Outlook, By Solution Type (2020-2028) ($MN)
91 South America Network Automation Market Outlook, By Network Automation Tools (2020-2028) ($MN)
92 South America Network Automation Market Outlook, By SD-WAN & Network Virtualization (2020-2028) ($MN)
93 South America Network Automation Market Outlook, By Intent-Based Networking (2020-2028) ($MN)
94 South America Network Automation Market Outlook, By Other Solution Types (2020-2028) ($MN)
95 South America Network Automation Market Outlook, By Service Type (2020-2028) ($MN)
96 South America Network Automation Market Outlook, By Managed Service (2020-2028) ($MN)
97 South America Network Automation Market Outlook, By Professional Service (2020-2028) ($MN)
98 South America Network Automation Market Outlook, By Other Service Types (2020-2028) ($MN)
99 South America Network Automation Market Outlook, By Deployment (2020-2028) ($MN)
100 South America Network Automation Market Outlook, By Cloud (2020-2028) ($MN)
101 South America Network Automation Market Outlook, By On-premise (2020-2028) ($MN)
102 South America Network Automation Market Outlook, By Hybrid (2020-2028) ($MN)
103 South America Network Automation Market Outlook, By Other Deployments (2020-2028) ($MN)
104 South America Network Automation Market Outlook, By End User (2020-2028) ($MN)
105 South America Network Automation Market Outlook, By Banking & Financial Services (2020-2028) ($MN)
106 South America Network Automation Market Outlook, By IT & Telecom (2020-2028) ($MN)
107 South America Network Automation Market Outlook, By Manufacturing (2020-2028) ($MN)
108 South America Network Automation Market Outlook, By Energy & Utility (2020-2028) ($MN)
109 South America Network Automation Market Outlook, By Education (2020-2028) ($MN)
110 South America Network Automation Market Outlook, By Other End Users (2020-2028) ($MN)
111 Middle East & Africa Network Automation Market Outlook, By Country (2020-2028) ($MN)
112 Middle East & Africa Network Automation Market Outlook, By Solution Type (2020-2028) ($MN)
113 Middle East & Africa Network Automation Market Outlook, By Network Automation Tools (2020-2028) ($MN)
114 Middle East & Africa Network Automation Market Outlook, By SD-WAN & Network Virtualization (2020-2028) ($MN)
115 Middle East & Africa Network Automation Market Outlook, By Intent-Based Networking (2020-2028) ($MN)
116 Middle East & Africa Network Automation Market Outlook, By Other Solution Types (2020-2028) ($MN)
117 Middle East & Africa Network Automation Market Outlook, By Service Type (2020-2028) ($MN)
118 Middle East & Africa Network Automation Market Outlook, By Managed Service (2020-2028) ($MN)
119 Middle East & Africa Network Automation Market Outlook, By Professional Service (2020-2028) ($MN)
120 Middle East & Africa Network Automation Market Outlook, By Other Service Types (2020-2028) ($MN)
121 Middle East & Africa Network Automation Market Outlook, By Deployment (2020-2028) ($MN)
122 Middle East & Africa Network Automation Market Outlook, By Cloud (2020-2028) ($MN)
123 Middle East & Africa Network Automation Market Outlook, By On-premise (2020-2028) ($MN)
124 Middle East & Africa Network Automation Market Outlook, By Hybrid (2020-2028) ($MN)
125 Middle East & Africa Network Automation Market Outlook, By Other Deployments (2020-2028) ($MN)
126 Middle East & Africa Network Automation Market Outlook, By End User (2020-2028) ($MN)
127 Middle East & Africa Network Automation Market Outlook, By Banking & Financial Services (2020-2028) ($MN)
128 Middle East & Africa Network Automation Market Outlook, By IT & Telecom (2020-2028) ($MN)
129 Middle East & Africa Network Automation Market Outlook, By Manufacturing (2020-2028) ($MN)
130 Middle East & Africa Network Automation Market Outlook, By Energy & Utility (2020-2028) ($MN)
131 Middle East & Africa Network Automation Market Outlook, By Education (2020-2028) ($MN)
132 Middle East & Africa Network Automation Market Outlook, By Other End Users (2020-2028) ($MN)
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