Network Automation Market Research Report - Forecast to 2030

Global Network Automation Market, By Component (Solution Services), Network Infrastructure (Physical, Virtual, Hybrid), Deployment (On-Cloud, On-Premise), Organization Size (Sme, Large Enterprises), Vertical (Meida) Research Report โ€“โ€“ Forecast Till 2030

ID: MRFR/ICT/4396-HCR | January 2023 | Region: Global | 100 Pages         

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Network Automation Market

Network Automation Market is Predicted to Reach US$ 106.97 Billion by 2030 Registering a CAGR of 10.05%
Market Size
CAGR
Dominating Region
Forecast Period
$106.97 Billion
10.05%
North America
2022-2030
Segmentation
By Component
By Network Infrastructure
By Deployment
By Organization Size
  • Solution
  • Services
  • Physical network configuration
  • Virtual network configuration
  • Hybrid network configuration
  • On-Cloud
  • On-Premise
  • Small and Medium Enterprises
  • Large Enterprises
Companies Profiled
Key Players
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)
Market Driving Forces
Drivers
Cost reduction
Reduction in human errors are leading to its wide popularity The rise of cloud-based storage options
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Network Automation Market Analysis


The network automation market is growing at a very fast rate with increasing penetration of the internet across the globe. The industry share was valued at USD 27 billion in 2023. With improvements in the living standard of people, people are being increasingly dependent on the internet and mobile devices to perform daily tasks. Therefore, it has led to the complexity of network systems whose handling is difficult without automation.


Network automation is the use of special software and hardware to manage network resources and services. It helps in speedy dealing of network problems and in reducing human errors. Moreover, it also enables enterprises to cut operating costs and improve working efficiency. The Global network automation market is expected to grow at a Compound Annual Growth Rate (CAGR) of 10.05% over the forecast period 2022-2030.


The Global network automation market is witnessing rapid growth with an increase in global data traffic. Technological advancements in software and hardware technology, machine learning, and Artificial Intelligence have been proven to be efficient in handling network outages.


The Global network automation market value is expected to be worth USD 106.97 billion by the end of the current forecast period in 2030.


Covid-19 Analysis


Covid-19 pandemic visualized the need for network automation. The quick spreading nature of the virus forced companies and organizations to provide work-from-home options to curb the virus spread. Therefore, the reliance of institutions upon network systems increased by manifolds, speeding the process of network automation by service providers. 


Similarly, the concept of online classes and online meetings also demanded automation for providing constant and reliable network services. Hence, the covid pandemic led to an increase in dependence on the internet and telecommunication systems which provided a boost to the growth of the global network automation market. 


Market Dynamics



  • Drivers


The increasing number of internet users and growing reliance upon network systems for daily tasks is driving the growth of the global network automation market. The incomparable benefits of automation like cost reduction and reduction in human errors are leading to its wide popularity. Therefore, automation has become essential to handle the growing network traffic. The rise of cloud-based storage options with more companies and institutions offering online services is also generating the demand for network automation. 


Network automation helps to strengthen an enterprise's image by enabling punctual and consistent delivery of better service. The heavy investments in the development of the IT infrastructure and telecommunication sector by public and private organizations across the globe are also propelling the market growth. Moreover, the advancements in machine learning, AI, software development, etc. will bring better prospects for the growth of the global network automation market. 



  • Restraints


The high initial cost for setting up a network automation system is a major restraining factor for the growth of the global network automation market. Moreover, as network automation is rigidly set, it does not show flexibility while dealing with complex problems. Hence rigidity of network automation is also a major restraining factor for market growth.



  • Technology Analysis


Network automation refers to the use of software for configuration, management, and testing operations of a computer network. It enables speedy rollout of the services of IT companies and helps them in dealing with complex network problems. Network automation helps enterprises and service providers to lower operating costs, increase efficiency, and eliminate human errors.


Network automation has become an essential tool for enterprises to deliver a consistently higher level of services. It plays a vital role in network virtualization and SD (Software-defined) networking, allowing automated provisioning of virtual network functions. Automation can be deployed in various types of networks such as data center networks, cloud networks, wireless and WAN (Wide Area Networks) through an application programming interface.


Study Objectives


The specific objectives of this market report on the network automation market are given below:



  • To provide a complete overview of the network automation market.

  • To analyze and forecast the network automation industry in terms of value and volume.

  • To provide information about the impact of covid-19 on the market and market response thereafter.

  • To point out the problems and prospects of the network automation market.

  • To give technical details about the product.

  • To provide an overview of the regional markets and other market segments.

  • To identify the key players of the network automation market


Segment Analysis


By Component



  • Solution


    • SD-WAN

    • Network automation tools

    • Intent-based working


  • Services


    • Professional

    • Managed services



The SD-WAN technology under the solution segment is the most popular component of the network automation market. SD-WAN improves the performance of a network by lowering complexity and by enabling higher security. This platform offers a simple management interface, speedy access to the cloud, and ultimately lowers operating costs. 


By Network Infrastructure



  • Physical network configuration

  • Virtual network configuration

  • Hybrid network configuration


Hybrid network configuration is a reliable technology and offers considerable flexibility while dealing with network problems.


By Deployment



  • On-Cloud

  • On-Premise


The cloud deployment segment is expected to grow at a higher rate. This deployment method is cost-effective and offers high security to the users. 


By Organization Size



  • Small and Medium Enterprises

  • Large Enterprises


Large enterprises lead the market due to the availability of sufficient funds. Whereas high initial cost is a potential hindrance for SMEs.


Regional Analysis


The different regional markets for the global network automation market are:



  • North America


    • US

    • Canada

    • Mexico


  • South America


    • Brazil

    • Argentina


  • Europe


    • UK

    • Germany

    • France

    • Italy

    • Spain

    • Rest of Europe


  • Asia-Pacific


    • China

    • India

    • Japan

    • Australia & New Zealand

    • Rest of Asia-Pacific


  • Rest of the world ( RoW )


    • The Middle East

    • Africa



North America dominates the market owing to higher literacy rates and greater penetration of the internet. The presence of major global IT companies also generates huge demand for network automation in this region.


Asia-Pacific is the fastest-growing market segment. The rapidly growing presence of IT companies and the increasing penetration of the internet is contributing to the market growth. Moreover, favorable government policies and huge investment in the development of IT infrastructure will further propel the market growth in this region.


Europe also holds a significant share of the global network automation market. Higher literacy rates and the presence of several renowned R&D institutes account for most of the demand. Furthermore, greater reliance on the internet owing to an improved standard of living is likely to fuel the market growth. Latin America, Africa, and the Middle East region are expected to grow at a moderate rate over the forecast period. 


Competitive Landscape 


The major global companies playing a key role in this market are:



Recent Developments



  • In June 2020Cisco, a global leader in IT and networking, announced new intent-based networking solutions to help optimize business and network operations. These solutions can easily segment and secure networks with intuitive, automated policies.


Intended Audience


This report will be beneficial for every stakeholder of the network automation market such as:



  • Network Automation Providers

  • Telecommunications Providers

  • IT Suppliers

  • Technology Consultants

  • End Users


Report Overview


This report from Market Research Future provides an in-depth analysis of the network automation market in terms of current value and future forecast. This report has also highlighted the problems and prospects of the given market. Moreover, the technological analysis section of the report will help in understanding the product and its market prospects. Furthermore, this report contains a detailed analysis of different market segments for the current forecast period. This report has also identified the key players and the current developments in the network automation industry.



Report Scope:

Report Attribute/Metric Details
  Market Size   USD 106.97 Billion By 2030
  CAGR   10.05% From 2022 to 2030
  Base Year   2020
  Forecast Period   2022-2030
  Historical Data   2019
  Forecast Units   Value (USD Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   By Component, Deployment
  Geographies Covered   North America, Europe, Asia-Pacific
  Key Vendors   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)
  Key Market Opportunities   
  Key Market Drivers   The increasing number of internet users and growing reliance upon network systems for daily tasks is driving the growth of the global network automation market.


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Frequently Asked Questions (FAQ) :

Network Automation Market is Expected to Reach US$ 106.97 Billion with 10.05% CAGR by 2030.

The segments of the network automation market, by network infrastructure, are virtual network configuration, physical network configuration, and hybrid network configuration.

The Network Automation Market includes Amazon Web Services (US), AT & T Inc (US), Cisco System (US), Google Inc. (US), Oracle Corporation (US), Dell Inc. (US) and Microsoft Corporation (US) like key players.