The global market for Network Automation was estimated at US$9.1 Billion in 2023 and is projected to reach US$35.6 Billion by 2030, growing at a CAGR of 21.4% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
What Is Network Automation, and Why Is It Transforming IT Infrastructure?
Network Automation refers to the use of software and tools to automate the configuration, management, and testing of network devices and services. By reducing the need for manual intervention, network automation allows organizations to streamline network operations, improve efficiency, and minimize errors. It is essential for managing increasingly complex and dynamic network environments, particularly in industries relying on large-scale networks and cloud infrastructure. Network automation is transforming IT infrastructure by enhancing scalability, improving security, and enabling faster response times to network issues. It is becoming a critical part of enterprise network management, enabling businesses to adapt to the growing demands of digital transformation.How Is Network Automation Revolutionizing IT Operations?
Network automation is revolutionizing IT operations by providing organizations with tools to efficiently manage complex networks in real-time. As networks grow larger and more intricate, manual management becomes untenable, leading to inefficiencies and higher risks of downtime or errors. Automation allows IT teams to deploy, configure, and monitor network devices without manual intervention, drastically reducing human error and improving overall network performance. It also enables rapid troubleshooting, ensuring faster identification and resolution of network issues. For large organizations with geographically distributed networks, automation ensures consistent network policies and configurations across all locations. This capability is essential for industries like finance, telecom, and e-commerce, where downtime or security lapses can have significant financial repercussions.What Trends Are Driving Innovation in the Network Automation Market?
Several trends are driving innovation in the network automation market, including the growing adoption of artificial intelligence (AI) and machine learning (ML) for predictive analytics and automated network management. AI-driven automation allows networks to self-diagnose potential issues, predict capacity requirements, and optimize performance in real-time. Another significant trend is the rise of Software-Defined Networking (SDN) and Network Functions Virtualization (NFV), which decouple network management from hardware, allowing for more flexible, scalable, and programmable networks. The increasing complexity of multi-cloud and hybrid cloud environments is also pushing organizations towards network automation to manage these environments more efficiently. Furthermore, the need for enhanced security in the face of growing cyber threats is encouraging companies to adopt automated solutions that can quickly detect and respond to security incidents.What Factors Are Driving the Growth of the Network Automation Market?
The growth in the Network Automation market is driven by several factors, including the increasing complexity of network infrastructures, the demand for faster service delivery, and the rise of cloud-based applications. As enterprises scale their operations and migrate to multi-cloud environments, the need for automated network management solutions has intensified. The growing importance of agility in network operations is driving organizations to adopt automation to reduce deployment times and improve service quality. The expansion of 5G networks is also contributing to market growth, as telecom companies require automated systems to manage the vast number of connected devices and ensure consistent network performance. Additionally, the increasing focus on cybersecurity and the need for faster response to potential threats is pushing businesses to implement automation tools that can quickly adapt to evolving security challenges.Key Insights:
- Market Growth: Understand the significant growth trajectory of the Solutions Component segment, which is expected to reach US$19.6 Billion by 2030 with a CAGR of a 20.9%. The Services Component segment is also set to grow at 22.1% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, which was valued at $2.6 Billion in 2023, and China, forecasted to grow at an impressive 20.9% CAGR to reach $5.5 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Network Automation Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Network Automation Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Network Automation Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Apstra, Inc., BlueCat Networks, Inc., BMC Software, Inc., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 74 Featured):
- Apstra, Inc.
- BlueCat Networks, Inc.
- BMC Software, Inc.
- Cisco Systems, Inc.
- Entuity Ltd.
- IBM Corporation
- Juniper Networks, Inc.
- Micro Focus International PLC
- NetBrain Technologies Inc.
- Riverbed Technology
- SolarWinds Worldwide LLC
- Veriflow Systems, Inc.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYREST OF EUROPEREST OF WORLDIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
Companies Mentioned
- Apstra, Inc.
- BlueCat Networks, Inc.
- BMC Software, Inc.
- Cisco Systems, Inc.
- Entuity Ltd.
- IBM Corporation
- Juniper Networks, Inc.
- Micro Focus International PLC
- NetBrain Technologies Inc.
- Riverbed Technology
- SolarWinds Worldwide LLC
- Veriflow Systems, Inc.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 212 |
Published | November 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 9.1 Billion |
Forecasted Market Value ( USD | $ 35.6 Billion |
Compound Annual Growth Rate | 21.4% |
Regions Covered | Global |
No. of Companies Mentioned | 12 |