Networks Automation Market Scope
The increase in the adoption of automation technologies such as artificial intelligence (AI) and machine learning, which enables enterprises to enhance troubleshooting of the network issues through real-time data monitoring will help to boost the global Networks Automation market in the forecasted period. Network automation is the process of automating the configuration, management, testing, deployment, and operations of physical and virtual devices within a network.
According to AMA, the Global Networks Automation market is expected to see growth rate of 5.1%The global network automation market is slowly turning into a fragmented market. It is predicted to witness a robust increase in the near future, strongly driven by the trends of cloud and increasing network traffic across various end-user industries. To maintain their foothold in the network automation landscape, the competitive strategy has been quite strong from the current market leaders, mainly driven by their acquisitions of various startups and solution vendors in the market. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Networks Automation market throughout the predicted period.
Cisco (United States), Juniper Networks (United States), IBM (United States), Micro Focus (United Kingdom), NetBrain Technologies (United States), SolarWinds (United States), Riverbed Technology (United States), BMC Software (United States), Apstra (United States) and BlueCat (Canada) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Entuity (United Kingdom) and Veriflow (United States).
Segmentation Overview
The study have segmented the market of Global Networks Automation market by Type (Local Area Network, Wide Area Network, Data Center Networks, Cloud Networks and Wireless Networks), by Application (Manufacturing, Telecom & IT, Healthcare, Energy & Utilities, BFSI, Retail and Others) and Region with country level break-up.
On the basis of geography, the market of Networks Automation has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement.
Influencing Trend:
The rise in the Adoption of Virtual and Software-Defined Networking Infrastructure and Network Downtime Caused Through Human Errors
Market Growth Drivers:
Critical Need for Network Bandwidth Management and Visibility in Network and Growing Adoption of Smart Connected Devices
Challenges:
Lack of Awareness Among Network Administrators
Restraints:
Open-Source Automation Solutions Hampering the Demand for Commercial Solutions
Opportunities:
Adoption of Advanced Networking Solutions Among SMEs and Investments in R&D and the Emergence of Innovative Automation Solutions
Market Leaders and their Expansionary Development Strategies
In May 2021, Cisco announced that it has signed an agreement to acquire California-based Sedona Systems for its NetFusion platform, which will help Cisco with 5G network slicing, routed optical networking, and disaggregation
In june 2021, Network to Code announced the availability of Nautobot Cloud, a SaaS-based automation solution that drastically simplifies the overhead required to deploy and manage data-driven network automation.
Stringent GOvernment Regulations Regarding Temporarily Shutting Down of Operations Across Different Industries in FY 2020 has Impacted the Market
Key Target Audience
Government Regulatory Bodies, Private Research Organizations, Government Research Organization and Others
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.