According to market research report on"Network Automation Market by SD-WAN, Network Automation Tool, Intent-Based Networking,
Network Infrastructure (Physical, Virtual, and Hybrid Network
Configuration, and Automation), Service, Deployment, Vertical, and Region -
Global Forecast to 2022", The network automation market size is expected to
grow from USD 2.3 billion in 2017 to USD 16.9 billion by 2022, at a Compound
Annual Growth Rate (CAGR) of 48.7% during the forecast period.
Major drivers of the network automation market
include the critical need for network bandwidth management and network
visibility, and growing adoption of smart connected devices across industry
verticals. Moreover, increasing adoption of virtual and software-defined
network infrastructure and network downtime caused through human errors are
also some of the factors that are expected to drive the market.
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in-depth TOC on “Network
Automation Market”
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The virtual network configuration and automation
segment is expected to be the fastest growing network infrastructure in the
network automationmarket during the forecast period
The virtual network configuration and automation
segment is based on the requirement and need to enable installation and provision
of virtual machines, virtual devices and workloads. The automation of virtual
devices and machines ensures that there are no bottlenecks by providing
centralized visibility and control into the utilization and capacity of virtual
devices in the virtual network infrastructure. Virtual network configuration
and automation is essential for enterprises to improve their network agility
and enhance its availability.
The on-premises deployement type is expected to hold
the largest market share in the network automation market during the forecast
period
The on-premises deployment type refers to the
on-premises installation of software and solutions. These solutions are
delivered on a one-time license fee and an annual service agreement, which
includes free upgrading and installation of new functionalities. The deployment
of on-premises network automation solutions requires huge infrastructure and
individual data centers. Organizations that are able to afford such expensive
automation solution usually deploy the on-premises solutions. The on-premises
deployment type also offers offline data analytics, configuration, and provides
better control over systems and data. The deployment of on-premises solutions
requires dedicated IT staff for the maintenance and support of such high-end IT
infrastructure.
Europe is expected to hold the second largest market
share in the network automation market during the forecast period.
Europe is one of the key contributors to the network
automation market, due to its early acceptance of innovations and upcoming
technologies. The growing need for optimized network and compliance management
owing to the increase in internet subscribers and data centers has made the
European market more lucrative for network automation solution providers.
Moreover, growing economies in the region, such as the UK and Germany, offer
high growth opportunities in the network automation market. Many enterprises in
this region are focusing on deploying highly efficient wireless communication
solutions to enhance the network capacity and increase the level of
productivity of employees, as they utilize digital data and innovative
software. The European market is growing as the enterprises or service
providers aim to provide better services for the delivery of carriers to its
end-users in this challenging traditional telecom industry. The demand for such
systems is on the rise and has become one of the driving factors for deploying
new technologies. There are many Communication Service Providers (CSPs) who are
working toward improving the efficiency of the existing spectrum.
Major vendors in the network automation market
include Cisco (US), Juniper Networks (US), IBM (US), Micro Focus (UK), NetBrain
Technologies (US), SolarWinds (US), Riverbed Technology (US), BMC Software
(US), Apstra (US), BlueCat (Canada), Entuity (UK), and Veriflow (US).
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com
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