Network Automation Market Growth 2023 Global Development Strategy, Explosive Factors of Revenue by Key Vendors Demand 2031

With a forecasted valuation of $72,623.6 million by 2031 and a remarkable CAGR of 25.2% from 2021 to 2031, the worldwide network automation market is expected to experience rapid expansion. The market is expanding as a result of rising network traffic, cloud infrastructure, and the requirement to detect and identify compliance and storage issues. The adoption of automation technologies like artificial intelligence (AI) and connected devices, as well as the increased need for zero-touch provisioning and unified network visibility, significantly contribute to the market's steady rise.

Network management and upkeep have grown more difficult due to the exponential expansion of network traffic and the widespread use of cloud infrastructure. A crucial approach to streamlining network operations and increasing efficiency is network automation. Organisations can decrease manual errors, improve network efficiency, and increase overall productivity by automating common processes. Additionally, proactive monitoring and detection of compliance problems and storage concerns are made possible by network automation, ensuring a safe and expandable network architecture.

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The use of network automation is also being driven by the demand for zero-touch provisioning and unified network visibility. Zero-touch provisioning enables smooth configuration and deployment of network devices, negating the need for manual intervention as enterprises aim for agility and scalability. Additionally, unified network visibility gives businesses a comprehensive understanding of their network architecture, enabling them to proactively detect and fix problems with the network, improve security, and guarantee peak performance.

The demand for zero-touch provisioning and unified network visibility, the adoption of automation technologies like AI and connected devices, the rise in human error rates in manual systems causing network downtime, and increasing network traffic and cloud infrastructure are just a few of the factors driving the global network automation market's significant expansion. Businesses working in this industry can take advantage of the rising need for network automation to achieve significant growth, with an estimated worth of over $72,000 million by 2031.

Highlighted with 86 tables and 86 figures, this 172-page report “Global Network Automation Market 2021-2031 by Component (Solutions, Services), Network Type (Physical, Virtual, Hybrid), Deployment (Cloud-based, On-premise, Hybrid), Industry Vertical, Enterprise Size, and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global network automation market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2018-2021 and provides forecast from 2022 till 2031 with 2021 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

In-depth qualitative analyses include identification and investigation of the following aspects:

• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces

The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify global network automation market in every aspect of the classification from perspectives of Component, Network Type, Deployment, Industry Vertical, Enterprise Size, and Region.

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Based on Component, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

• Solutions

o             Network Automation Tools

o             SD-WAN and Network Virtualization Tools

o             Intent-Based Networking Solutions

o             Other Network Automation Tools

• Services

o             Managed Service

o             Professional Service

Based on Network Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

• Physical Network
• Virtual Network
• Hybrid Network

By Deployment, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

• Cloud-based Deployment
• On-premise Deployment
• Hybrid Deployment

By Industry Vertical, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

• IT and Telecom
• Banking and Financial Services
• Energy and Utility
• Healthcare and Life Science
• Manufacturing
• Education
• Other Industry Verticals

By Enterprise Size, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

• Large Enterprises
• Small & Medium Enterprise

Geographically, the following regions together with the listed national/local markets are fully investigated:

• North America (U.S., Canada, and Mexico)
• Europe (Germany, UK, France, Spain, Italy, Netherlands, Rest of Europe; Rest of Europe is further segmented into Russia, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (UAE, Saudi Arabia, South Africa, Other Nations)

For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2021-2031. The breakdown of regional markets by country and split of national markets by Component, Network Type, and by Industry Vertical over the forecast years are also included.

The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

Selected Key Players:

• Anuta Networks International LLC
• AppViewX Inc.
• Apstra Inc.
• Arista Networks Inc.
• BlueCat Networks
• BMC Software Inc.
• Cisco Systems Inc.
• Extreme Networks Inc.
• Forward Networks Inc.
• Fujitsu Limited
• Hewlett Packard Enterprise Development LP
• IBM Corporation
• Juniper Networks Inc.
• Micro Focus International PLC
• NetBrain Technologies Inc.
• Network Automation Inc.
• Nuage Networks (NOKIA CORPORATION)
• SolarWinds Inc.
• VMware Inc. + Saltstack

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