Network automation is a methodology in which software automatically configures, provisions, manages and tests network devices. It is used by enterprises and service providers to enhance efficiency, decrease human error and reduce operating expense.
The network automation market was valued at US$ 14.56 Bn in 2021 and is forecast to reach a value of US$ 94.58 Bn by 2030 at a CAGR of 23.4% between 2022 and 2030.
Figure 1: Global Network Automation Market Value (US$ Bn) Analysis and Forecast, 2017 - 2030
In February 2022, The CISCO SYSTEM INC. discloses that the organizations first used Wi-Fi 6E availability points, Private 5G for the enterprise as a regulated service and the new high powered Catalyst 9000X series transforms with the Cisco Silicon One to offer high speed and the performance with the security required for the hybrid work.
In March 2021, Cisco approved a novel Cisco Plus solutions which would offer cross-portfolio methods to assist customers solve the biggest requirements with rapid time to value. The organizations initial NaaS provides the hybrid cloud technologies and would later increase to a vast category of the services built and then offered with the collaborators ecosystem.
Figure 2: Global Network Automation Market Share (%), By Region, 2021
The growth in the adoption of smart connected devices and rising implementation of cloud-based services are responsible for the double-digit growth of the network automation. This is expected to drive the growth of the global network automation market.
Surging investments in emerging automation solutions, an increasing number of start-ups offering network automation solutions are expected to generate numerous prospects for network automation. This is expected to propel the growth of the global network automation market.
Network Automation Market Report Coverage
|Base Year:||2021||Market Size in 2021:||US$ 14.56 Bn|
|Historical Data for:||2017 to 2020||Forecast Period:||2022 to 2030|
|Forecast Period 2022 to 2030 CAGR:||23.4%||2030 Value Projection:||US$ 94.58 Bn|
Cisco Systems Inc., Extreme Networks Inc., Juniper Networks Inc., VMware Inc., SaltStack Inc., BMC Software Inc., Hewlett Packard Enterprise Development LP, Nuage Networks (Nokia Networks), IBM Corporation, NetBrain Technologies Inc., AppViewX Inc., Micro Focus International PLC, Fujitsu Limited, Arista Network Inc., SolarWinds Inc., Forward Networks Inc. and Network Automation Inc
|Restraints & Challenges:||
The presence of open-source tools, rising security threats, and a lack of awareness among network administrator is expected to hamper the growth of global network automation market.
It is essential to have networking people who can understand the networking constructs of the cloud. And also the cloud teams that understand how it integrates and operate within the network. So the lack of skilled professionals for networking is expected to hamper the growth of the global network automation market.
Network automation solutions extensively utilize advanced technologies such as AI and machine learning to learn network behavior. And also to inform predictive analysis, and provide recommendations to network engineers. This integration of AI and ML has made automation easy and by providing lucrative opportunities for the growth of the global network automation market.
Businesses are now requesting IT for more agile changes, improved service availability, and lower operational expenses. These questions combined with the reality that networks are being larger and more complicated are driving the importance of network automation in IT businesses. This further is expected to fuel the growth of global network automation market.
Market Key Takeaways/Trends:
Networking companies are heavily investing in the R&D of networking solutions, with an aim of long-term value creation. Based on the fluctuations in short-term business performance and financial results, leading networking companies have not reduced their investment for the innovation and testing of network automation solutions. This is expected to act as a leading trend in the growth of the global network automation market.
Telecom operators and managed service providers use network automation technology to decrease the Mean Time To Repair. It avoids SLA violations, and maximize visibility to improve uptime. Furthermore, the adoption of SD-WAN infrastructure and increased network downtime due to errors will fuel the market. This is expected to propel the growth of the global network automation market.
Major companies involved in the growth of the global network automation market are Cisco Systems Inc., Extreme Networks Inc., Juniper Networks Inc., VMware Inc., SaltStack Inc., BMC Software Inc., Hewlett Packard Enterprise Development LP, Nuage Networks (Nokia Networks), IBM Corporation, NetBrain Technologies Inc., AppViewX Inc., Micro Focus International PLC, Fujitsu Limited, Arista Network Inc., SolarWinds Inc., Forward Networks Inc. and Network Automation Inc.
Frequently Asked Questions