Network Automation Market, By Component (Software, Services), By Type (Wide Area Network (WAN), Local Area Network (LAN), Cloud networks, Data center networks, Wireless networks), By Network Infrastructure (Virtual network, Physical network, Hybrid network), By Deployment Model, (On-premise, Cloud), By Application, (Manufacturing, Healthcare, IT & telecom, Energy & utilities, BFSI, Retail, Others), By Region – Global Analysis Forecast Till 2030

The Network Automation Market is expected to reach $32.4 billion by 2028, at a CAGR of 22.8% during the forecast period of 2021 to 2028.

Growth in the market is projected to be fueled by increasing demands for network capacity, visibility, and the proliferation of connected devices. Network automation technology is being used by carriers and managed service providers to increase uptime by decreasing mean time to repair (MTTR), preventing SLA violations, and increasing visibility. The adoption of SD-WAN architecture and a rise in network outages due to faults will both raise market demand. Market returns are being supported by a rising demand for virtualization technologies.

Canada's intent-based networking segment accounted for approximately XX% of network automation market share in 2021, driven by growing demand for proactive monitoring through predictive automation through intent-based networking technologies. Adopting an intent-based networking system helps companies speed up troubleshooting by eliminating network latency. Intent-Based Networking is a broad form of SDN that allows network administrators to define any number of networks and enables businesses to reduce manual network programming.

In the UK, IT and telecom applications are poised to grow by nearly 20% between 2022 and 2028. The telecom sector has undergone major technological changes to provide customers with improved programmability and network efficiencies. Telecom service providers can now use more virtualization in their networks due to the rising adoption of NFV technology. In order to address end-user expectations, several government initiatives for digitalization have caused a boom in the IT and telecom sectors.

Network automation has become increasingly essential in today's rapidly evolving digital landscape. Organizations are leveraging network automation to streamline their operations, enhance efficiency, and minimize human errors. To achieve these goals, businesses are turning to powerful network automation tools that automate various tasks, from provisioning and configuration management to monitoring and troubleshooting. Moreover, network security automation is also gaining prominence, enabling organizations to implement robust security measures across their networks, automatically detecting and responding to threats in real time. Furthermore, network diagram automation simplifies the process of creating and updating network diagrams, providing accurate and up-to-date visual representations of network infrastructures. With these advancements in network automation, businesses can optimize their network management processes and ensure a secure and well-documented network environment.

Market Dynamics:

Drivers:

Growing adoption of smart connected devices and increasing implementation of cloud-based services are responsible for double-digit growth in network automation. This is expected to drive the growth of the global network automation market.

The surge in investment in new automation solutions is expected to create numerous potential customers for network automation as the number of start-ups offering network automation solutions increases. This is expected to fuel the growth of the global network automation market.

Restraints:

The presence of open-source tools, increasing security threats, and lack of awareness among network administrators are expected to hamper the growth of the global network automation market. One must have networking personnel who can understand the networking architecture of the cloud. It is also a cloud team that understands how it integrates and works within the network. Hence, lack of skilled professionals in networking is expected to hamper the growth of global network automation market.

Key players:

• 6Connect, Inc., 

• Anuta Networks International, LLC, 

• Apstra, Inc., 

• Arista Networks, Inc., 

• BlueCat Networks, Inc., 

• BMC Software, Inc., 

• Cisco Systems, Inc., 

• Cumulus Networks, Inc., 

• Efficient IP, 

• Entuity, Inc., 

• Ericsson, 

• Fujitsu Ltd., 

• Gluware, Inc., 

• HCL Technologies, Ltd., 

• Huawei Technologies Co. Ltd.,

• IBM Corporation, 

• Intraway Corporation,

• And Others 

Market Segmentation:

Network Automation Market, By Component

• Software

  • Intent-based networking

  • SD WAN

  • Data center networks

• Service

  • Professional services

  • Managed services

Network Automation Market, By Type

• Local Area Network (LAN)

• Wide Area Network (WAN)

• Data center networks

• Cloud networks

• Wireless networks

Network Automation Market, By Network Infrastructure

• Physical network

• Virtual network

• Hybrid network

Network Automation Market, By Deployment Model

• On-premise

• Cloud

Network Automation Market, By Application

• Manufacturing

• IT & telecom

• Healthcare

• Energy & utilities

• BFSI

• Retail

• Others

Network Automation Market, By Region

• North America

  • U.S.

  • Canada

• Europe

  • UK

  • Germany

  • France

  • Italy

  • Spain

• Asia Pacific

  • China

  • Japan

  • India

  • Australia and New Zealand

  • South Korea

  • Taiwan

• Latin America

  • Brazil

  • Mexico

  • Argentina

• MEA

  • South Africa

  • Saudi Arabia

  • MEA

Regional Analysis:

In 2021, North America dominated the market with the largest market share accounting for XX%. Growth is driven by the widespread adoption of cutting-edge technologies such as DevOps, SD-WAN, and intent-based networking. The growing demand for deep learning AI algorithms for remote control of network equipment has fueled market growth. These algorithms support market participants in delivering advanced automation technologies such as image processing and speech recognition to end consumers.

Europe is expected to witness significant growth during the forecast period. Software Defined Networking (SDN) and Network Functions Virtualization (NFV) technologies are being adopted more widely every day in Europe. To accommodate these growing network requirements, these variables are rapidly changing the way large enterprises configure their wide-area networks. Additionally, as more technology is implemented in enterprises, the complexity of IT infrastructure increases, driving demand for network automation solutions.

Scope of the Market:

User

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