The Network Automation Market is expected to reach USD 21.45 billion by 2029 Says Maximize Market Research

December 07 05:15 2022
The Network Automation Market is expected to reach USD 21.45 billion by 2029 Says Maximize Market Research
Network Automation Market
The Network Automation Market size was valued at USD 3.62 Bn. in 2021 and the total revenue is expected to grow by 24.9% from 2022 to 2029, reaching nearly 21.45 Bn in 2029.

Pune, 6th, December 2022: Maximize Market research, the global Information Technology & Telecommunication business intelligence firm has published a market intelligence report on Network Automation Market and the report is available for purchase now.

Network Automation Market Scope 

The data in the research report is gathered using both primary and secondary methodologies. Government policy, market environment, competitive landscape, historical data, current market trends, technological innovation, upcoming technologies, and the technical progress in related industries, as well as market risks, opportunities, market barriers, and challenges, are all investigated during the research process. To produce the final quantitative and qualitative data, all possible elements affecting the markets covered in this research study were investigated, thoroughly researched, validated through primary research, and assessed. The market size for top-level markets and sub-segments is normalized, and the influence of inflation, economic downturns, regulatory & policy changes, and other variables is considered in the forecast.

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Global Network Automation Market Overview

Network automation is the process of automating the administration, configuration, testing, operations, and deployment of virtual and physical network devices. It automates the network while also providing management and security to optimize network operation and efficiency. Adoption of cutting-edge technologies that improve network efficiency and address network concerns. Industry participants are focusing on the development of cutting-edge network automation technologies in order to get competitive insights.

Global Network Automation Market Dynamics

The network is more essential than ever in the new cloud-based environment for IT operations. Network traffic is increasing as key servers and data are stored in the cloud and users access data and computing resources from both remote locations and corporate headquarters. The proliferation of cloud services to replace traditional company data centers has complex network traffic flow patterns. Many companies are looking for solutions to make their networks more compatible with cloud platforms. Because they improve network administration and enable full network visibility across all settings, network automation solutions are becoming increasingly important as network traffic grows.

Intent-based networking technology is gaining traction in the healthcare sector to address ever-increasing customer demands, such as growing network infrastructure at screening centers, providing effective wireless infrastructure for developing smart hospitals, and improving hospital IT infrastructure reliability and efficiency. Lack of standards for software-defined networking, as well as a blueprint and well-established route for migrating to a (semi) automated network, have all created significant barriers to the network automation market’s development.

Global Network Automation Market Regional Insights

North America led the market, accounting for largest market share of the market. The growth is attributable to the widespread use of cutting-edge technologies such as DevOps, SD-WAN, and intent-based networking. The market has grown due to increased demand for deep-learning AI algorithms for remotely operating network equipment.

Global Network Automation Market Segmentation

By Solution: 

  • SD-WAN
  • Network Automation Tools
  • Intent-Based Networking

By  Organization Size : 

  • Small and Medium-sized Enterprises (SMEs)
  • Large Enterprises

By  Vertical : 

  • Information Technology (IT)
  • Banking, Financial Services, and Insurance (BFSI)
  • Manufacturing
  • Healthcare
  • Energy and Utilities
  • Education
  • Others

By  Deployment Type: 

  • On-premises
  • Cloud

Global Network Automation Market Key Competitors are: 

  • Cisco
  • IBM
  • Micro Focus
  • SolarWinds
  • NetBrain Technologies
  • Riverbed Technology
  • Apstra
  • BMC Software
  • BlueCat
  • Veriflow
  • Entuity
  • Juniper Networks
  • Forward Networks
  • VMware
  • NetYCE
  • Entuity
  • Itential
  • Volta Networks
  • Sedona Systems
  • SaltStack
  • Anuta Networks
  • Kentik
  • Versa Networks
  • AppViewX
  • BackBox

Key questions answered in the Global Network Automation Market are: 

  • What is Global Network Automation? 
  • What is the growth rate of the Global Network Automation Market over the forecast period? 
  • What is the nature of competition in the Global Network Automation industry in developed economies and developing economies? 
  • Who are the key players in the Global Network Automation Market?
  • Who are the market leaders in Global Network Automation in Europe?
  • Who are the market leaders in Global Network Automation in USA and Canada?
  • Who are the market leaders in Global Network Automation in India, China, Japan, and South Korea?
  • What are the factors affecting growth in the Global Network Automation Market? 
  • Who held the largest market share in the Global Network Automation Market? 
  • What are the factors for the growth of the Asia-Pacific region in the Global Network Automation Market? 

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Key Offerings: 

  • Market Share, market size & Forecast by Revenue | 2022−2029
  • Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
  • Market Segmentation – A detailed analysis by Solution, Organization Size, Vertical, Deployment Type, and Region.
  • Competitive Landscape – Top Key players and Other Prominent Vendors

Maximize Market Research is leading research firm, has also published the following reports:

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Network Attached Storage Market– Global Network Attached Storage Market size is expected to reach nearly US $ 74.34 Bn by 2029 with a CAGR of 15.7% during the forecast period. The growing government enterprises towards digitalization and rising R&D activities for the development of NAS devices are expected to drive the market demand.

Automation Testing Market – The automation Testing Market was valued at US$ 17.4 Bn. in 2021 and is expected to reach US$ 57.04 Bn. by 2029, at a CAGR of 16% during a forecast period. The increasing adoption of an agile development environment for quality assurance and the rising consumption of mobile-based application has increased the market demand.

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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