Meticulous Research® — a leading global market research company published a research report titled “Network Automation Market by Component, Deployment Mode, Industry Size, Networking Type (Physical Networking, Virtual Networking, Hybrid Networking), Industry Vertical (CSPs, Data Centers, and Enterprises)– Global Forecast to 2028.”
According to this latest publication from Meticulous Research®, the global network automation market is expected to grow at a CAGR of 22.8% from 2021 to 2028 to reach $32.4 billion by 2028. This market is majorly driven by the factors such as the increasing demand for smart healthcare systems with intent-based networking technology, the growing need to detect and identify old hardware, compliance and storage issues, and the increasing need for zero-touch provisioning and unified network visibility.
Furthermore, rising demand for connecting data centers, increasing demand to secure and meet compliance standards, and rising need for cloud-based network function virtualization (NFV) platforms by the telecommunication industry are expected to offer significant growth opportunities for players operating in the network automation market. However, the increasing availability of open-source automation tools and the negative impact of COVID-19 on the global economy have impacted the market growth considerably.
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Scope of the Report
Network Automation Market, by Component
Solutions / Software
Configuration Management Tools
SD-WAN and Network Virtualization Tools
Intent-based Networking Solutions/Platforms
Other Network Automation Tools
Professional Services
Advisory, Analytics & Automation
Deployment & Integration
Training & Supporting
Network Automation Market, by Deployment Mode
On-premise
Cloud-based
Network Automation Market, by Industry Size
Large Enterprises
Small and Mid-Sized Enterprises
Network Automation Market, by Networking Type
Physical Networking
Virtual Networking
Hybrid Networking
Network Automation Market, by Industry Vertical
CSPs
Data Centers
Enterprises
IT & Telecommunication
Manufacturing
Government & Public Sector
Retail
BFSI
Healthcare and Life Science
Education
Energy and Utilities
Media & Entertainment
Other Industry
Network Automation Market, by region
North America
U.S.
Canada
Europe
Germany
U.K.
France
Italy
Spain
Netherlands
Rest of Europe
Asia-Pacific
Japan
China
India
South Korea
Thailand
Indonesia
Australia & New Zealand
Rest of Asia-Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
Saudi Arabia
UAE
Israel
Rest of MEA
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The global network automation market study presents historical market data in terms of value and volume (2019 and 2020), estimated current data (2021), and forecasts for 2028. The market is segmented based on component (solutions/software, professional services), deployment mode (on-premise and cloud-based), industry size (large enterprises, small and mid-sized enterprises), networking type (physical networking, virtual networking, hybrid networking), industry vertical (CSPS, data centers, and enterprises). The study also evaluates industry competitors and analyses the market at a country level.
Based on component, the network automation market is segmented into software/solutions and professional services. In 2021, the solutions segment is expected to account for the largest share of the network automation market. The large share of this segment is mainly attributed to the rising investment in R&D activities, increasing and varying connectivity demands by communication service providers, and the presence of well-established network automation solution providers.
Based on deployment mode, the network automation market is segmented into on-premise and cloud-based. In 2021, the on-premise segment is expected to command the largest share of the network automation market due to the acceptance of network automation solutions among large enterprises, rising demand for advanced security and control, and increasing deployment of network automation solutions across on-premise data centers. However, the cloud-based segment is expected to grow at the highest CAGR during the forecast period. The growing sophistication in cloud deployments, increasing use of cloud networks, and superior flexibility offered by cloud deployments are the factors driving the growth of this segment.
Based on industry size, the network automation market is segmented into large-size enterprises and small & mid-sized enterprises. In 2021, the large enterprises segment is expected to command the largest share of the network automation market. The large share is majorly attributed to the rising demand by the largest telecommunication service providers and increasing demand for network automation solutions by large data centers and campus environments. Moreover, the small and mid-sized enterprises segment is expected to grow at the highest CAGR during the forecast period. The need to create an agile, secure, and efficient work environment and growing demand by SMEs such as education, retail, healthcare, manufacturing, government, and manufacturing industries are the factors driving the growth of this segment.
Based on networking type, the network automation market is segmented into physical networking, virtual networking, and hybrid networking. In 2021, the physical networking segment is expected to command the largest share of the network automation market. The large share of this segment is mainly attributed to the rising demand to manage the complexities of modern and dynamic networks and orchestrate services in a physical network and rising demand to monitor networks infrastructure for solving issues across the physical network.
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However, the virtual networking segment is expected to record the highest growth over the forecast period. Rising need to reduce manual work of network configuration, growing demand to reduce costs and speed up the delivery of network-based services, increasing emphasis of leading players to deploy virtualized applications and rising demand for faster troubleshooting from fault detection to fault isolation is expected to support the segment’s high growth rate.
Based on industry vertical, the network automation market is segmented into CSPs, data centers, and enterprises. In 2021, the data centers segment is expected to command the largest share of the network automation market. The large share of this segment is mainly attributed to the growing demand to automate routine workflows and processes of data centers, increasing deployments of network automation solutions for data centers, and the growing need to reduce repetitive or mundane tasks, speed up processes, and drive down overhead in data centers.
However, the enterprises segment is expected to record the fastest growth over the forecast period. The rising demand for network automation solutions that integrates with multiple vendors and environments, rising demand for network automation solutions from enterprises, and increasing deployments of network automation solutions across several enterprises are expected to support the segment’s high growth rate.
Geographically, the North American region is expected to command the largest share of the network automation market in 2021. North America keenly focuses on adopting network automation solutions to enhance its network infrastructure and leverage the benefits of new technologies, such as virtual networking and software-defined networking. Furthermore, several enterprises in the region are adopting network automation solutions to enhance their IT infrastructure and leverage the benefits of automated networking solutions such as enhanced security, reduction in manual working, and increased productivity.
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However, Asia-Pacific is expected to grow with the highest growth rate over the forecast period. The region’s high growth rate is attributed to growing telecommunication sectors across several developing countries and several smart cities projects undertaken. The introduction of 5G in the region is also expected to help the region to grow significantly.
Key Players:
The key players operating in the global network automation market are Cisco Systems, Inc. (U.S.), VMware, Inc. (U.S.), Red Hat, Inc. (U.S.), IBM Corporation (U.S.), Juniper Networks, Inc. (U.S.), Micro Focus International plc (U.K.), BMC Software, Inc. (U.S.), Fujitsu Group (Japan), AppViewX (U.S.), Telefonaktiebolaget LM Ericsson (Sweden), Forward Networks, Inc. (U.S.), SolarWinds Corporation (U.S.), Apstra (U.S.), NetBrain (U.S.), BlueCat Networks (Canada), Itential (U.S.), NetYCE (Netherlands) Microsoft Corporation (U.S.), Hewlett Packard Enterprise Development LP (U.S.), Dell Technologies, Inc. (U.S.), NVIDIA Corporation (U.S.), Huawei Technologies Co., Ltd. (China), Arista Networks, Inc. (U.S.), Anuta Networks International LLC (U.S.), Nokia Corporation (Finland), Palo Alto Networks, Inc. (U.S.), and Fortinet, Inc. (U.S.).
Key questions answered in the report-
Which are the high-growth market segments in terms of the component, networking type, industry size, deployment mode, industry vertical, and countries?
What is the historical market for network automation across the globe?
What are the market forecasts and estimates from the period of 2021–2028?
What are the major drivers, restraints, and opportunities in the global network automation market?
Who are the major players in the global network automation market, and what market share do they hold?
How is the competitive landscape of the global network automation market?
What are the recent developments in the global network automation market?
What are the different strategies adopted by the major players in the market?
What are the geographic trends and high growth countries?
Who are the local emerging players in the global network automation market, and how do they compete with the other players?
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