The Network Automation market was worth USD 24.66 billion in 2023. The global market is predicted to reach USD 30.77 billion in the year 2024 which is expected to increase to USD 181.07 billion by the end of 2032 with a compound annual growth rate of 24.8% during the forecast period.
The market value of network automation is estimated to increase more in the coming years with the rising digitization trends worldwide. In general, Network Automation is the process of some strategies such as automating the configuration, management, testing, deployment, and operations of physical and virtual devices within a network and also it is a methodology in which the software will automatically configure, provisions, manages and tests the network devices that was used by different enterprises and service providers to improve efficiency and reduce human error and operating expenses.
Increasing network traffic is one of the major driving factors of the global Network Automation market growth rate. Another significant growth factor of the worldwide Network Automation market was rise in cloud infrastructure that leads to a significant transition in data centres around the world. The surge in investments in research and development and the adoption of emerging automation solutions by the major players of the market are some of the growth-supporting factors of the market for Network Automation in terms of revenue rate.Availability of open-source automation tools is one of the major restraints that hinders the growth of the worldwide Network Automation Market. Another prominent challenge effecting the expansion of the market of Network Automation was the rise in security threats.
Due to the lockdown, the work-from-home routine has been used by many companies in several countries which in-turn increases internet traffic. This is increasing the need for network automation solutions that is used to manage the rising network traffic. Since the lockdown has lifted in so many companies with some strict regulations by the government authorities and gave permission to all the industries to restart their manufacturing units. Coronavirus has impacted global industries in three ways, by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets due to the strict lockdown imposed by government authorities all around the world.As per the analysis, the market for Network Automation is foreseen to increase the revenue rate in the next few months with all the industries starting the manufacturing of the products, which in turn going to increase the revenue rate of the Network Automation market in future.
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REPORT METRIC |
DETAILS |
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Market Size Available |
2023 to 2032 |
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Base Year |
2023 |
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Forecast Period |
2024 to 2032 |
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CAGR |
24.8% |
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Segments Covered |
By Component, Network Type, Deployment Model, End User, Organization Size, Vertical, and Region. |
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Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
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Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
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Market Leaders Profiled |
Volta Networks, Sedona Systems, VMware, BMC Software, Anuta Networks, Apstra, BlueCat, Cisco, Juniper Networks, IBM, Micro Focus, NetBrain, Versa Networks, AppViewX, BackBox and 128 Technology, Forward Networks, SolarWinds, Entuity, Veriflow, Riverbed, Itential, Kentik, SaltStack, and NetYCE and Others. |
The global Network Automation market is segmented into solutions and services. The solutions segment is further divided into network automation tools, intent-based networking. The services segment is divided into professional services that include advisory and consulting, training and support, deployment and integration and managed services. Among these, the solution segment holds a substantial share of the global market.
The market of Network Automation is divided into physical networks, virtual networks and hybrid network.
The Network Automation market is segmented into two types, namely cloud and on-premises. Among these, the cloud segment holds the major share of the market as it enables fast and secure network configuration by leveraging cloud computing capabilities.
The market for network automation is bifurcated into two types, namely enterprise vertical and service providers.
The market of network automation is bifurcated into small and medium-sized enterprises and large enterprises.
The market of network automation is separated into Information Technology, banking, financial services and insurance (BFSI), manufacturing, healthcare, energy and utilities, education, media and entertainment, retail and government and defence.
The Network Automation market is elaborated in various regions all around the world such as North America (US, Mexico, Canada and rest of North America), Europe region (UK, France, Germany, Spain, Italy and rest of Europe), Asia Pacific region (India, Japan, China, Australia and rest of Asia Pacific) and rest of the world.
North America region holds the major share of the market due to the presence of some of the key industry players in the area as well as the enterprises and service providers are continuously changing their network infrastructure with advanced technologies.
Asia Pacific region holds the second largest share of the market of Network Automation owing to the high internet penetration, increasing network traffic and purchase of smartphones in nations like India, China, Australia, Japan, etc.
Europe region is expected to increase the market value of Network Automation owing to the rise in cloud infrastructure that is supposed to boost the market in this area in future.
The global network automation market is concentrated with well-established players. Key players in the market include Volta Networks, Sedona Systems, VMware, BMC Software, Anuta Networks, Apstra, BlueCat, Cisco, Juniper Networks, IBM, Micro Focus, NetBrain, and Versa Networks
In the month of June 2020, Cisco company has introduced a new intent-based networking solution to optimize business and network operations that provides a dynamic business environment for its customers as well as it increases the client engagement rate for the company.
In the month of June 2020, HP (Hewlett Packard) enterprises has announced their acquisition with Silver Peak which was a software-defined wide area network company to strengthen the network portfolio of the company.
By Component
By Network Type
By Deployment Model
By End-User
By Organization Size
By Vertical
By Region
Frequently Asked Questions
Key factors driving growth include the rapid adoption of cloud services, increasing complexity of network infrastructures, the need for improved network security and performance, and the growing importance of DevOps and SDN (Software-Defined Networking) technologies.
AI is significantly impacting the network automation market by enabling more intelligent and predictive network management. AI-driven solutions can analyze vast amounts of data to optimize network performance, predict and prevent failures, and enhance security measures.
Telecommunications companies are crucial in driving the network automation market. They are heavily investing in automation to manage complex, large-scale networks, reduce operational costs, improve service delivery, and prepare for 5G and beyond.
The adoption of 5G technology is significantly influencing the network automation market by necessitating more sophisticated network management solutions to handle increased data volumes, lower latency requirements, and more connected devices. Automation is essential for efficiently managing and optimizing 5G networks.
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