Bulletin
Investor Alert

New York Markets Close in:

March 23, 2021, 1:39 a.m. EDT

Network Automation Market 2021 Worldwide Opportunities, Driving Forces, COVID-19 Impact Analysis, Future Potential 2025

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

or Cancel Already have a watchlist? Log In

Mar 23, 2021 (AmericaNewsHour) -- Kenneth Research has published a detailed report on Network Automation Market, which has been categorized by market size as well as growth indicators, and further encompasses detailed market analysis on macro trends and region-wise growth in North America, Latin America, Europe, Asia-Pacific and Middle East & Africa region. The report also includes the challenges that are affecting the growth of the industry and offers strategic evaluation that is required to boost the growth of the market over the period of 2021-2025.

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.

Download Sample of This Strategic Report-  https://www.kennethresearch.com/sample-request-10154360

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.

Download Sample of This Strategic Report-  https://www.kennethresearch.com/sample-request-10154360

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.

Request For Full Report-  https://www.kennethresearch.com/sample-request-10154360

Intended Audience

Network Automation providers

Telecommunication providers

1 2
This Story has 0 Comments
Be the first to comment

Story Conversation

Commenting FAQs »

Partner Center

Link to MarketWatch's Slice.