Network Automation Market new study offers insights for 2028
The network automation market size is projected to develop from USD 2.9 billion in 2020 to USD 12.3 billion with the aid of 2027, at a Compound Annual Growth Rate (CAGR) of 25.3% at some stage in the forecast period. There has been an increasing adoption of advanced applied sciences such as Artificial Intelligence (AI) and Machine Learning (ML), Software-defined Wide Area Network (SD-WAN), 5G and Wi-Fi 6, and edge computing that help in enhancing the efficiency of networks and fixing network issues (at times, even earlier than they occur).
In the new cloud-based world, the community is greater essential than ever to IT operations. Moreover, with crucial servers and records hosted in the cloud, network visitors is increasing, as customers get right of entry to the data and computing assets from each far flung locations and company headquarters. The proliferation of cloud offerings that complement ordinary corporation data centers has accelerated the complexity of network traffic flow patterns. Many groups are searching for ways to optimize their networks to work with cloud platforms. The increased community visitors is giving upward jostle to the want for network automation options that enhance the management of network visitors with whole community visibility throughout all environments. Several open-source science builders have developed nice open-source community monitoring solutions, which are regarded higher than their more pricey industrial counterparts. The presence of such open-source and financial options in the market is restraining the market of industrial network automation solutions, majorly because SMEs have price range constraints and decide for open-source network automation solutions. However, some carriers are making an attempt to take advantage of open-source options with the aid of releasing business enhancements of these products. The industrial enhancements include paid variations of tools, which have enhanced skills like the automatic down load of software program patches, support, and maintenance.
The cutting-edge and globally connected digital world needs business applications, data, and services to be continuously available from any location, which ability networks ought to span a couple of internet hosting environments, fixed and mobile devices, and different types of IT infrastructure. However, just as networks are a key enabler for the enterprise, they are additionally a supply of extended risk. Hackers and cybercriminals are continuously spawning new community attacks to compromise, steal, or ruin essential data and disrupt agencies for their very own benefits. Distributed denial of service (DDoS), phishing, ransomware, worms, and different kinds of malware attacks can hit over the network.
The market for network automation is segmented depending on component, deployment mode, organisational size, vertical industry, and area. The business is bifurcated, in component terms, into solutions and services. The market is again sub-segmented into network automation software, SD-WAN & network, virtualization, and internet-based networking, depending on the solution. The sector is sub-divided, depending on industry, into managed services and technical services. The market is segmented into on-premise and cloud, as per deployment mode. The sector is divided into large-sized organisations and small and medium-sized organisations in terms of organisational size. The market is classified into BFSI, Retail & e-commerce, IT & telecommunication, manufacturing, healthcare, and others as per sector vertical. The market is examined across North America, Europe, Asia-Pacific, and LAMEA (Latin America, Middle East, and Africa) depending on the country.
The network automation market comprises key solution and service providers, such as Cisco, Jupiter Networks, IBM Micro Focus, NetBrain, Forward Networks, SolarWinds, VMware, BMC Software, Anuta Networks, Apstra. These market players have adopted quite a number techniques to expand their community automation market penetration and enhance their position in the industry.
Analyst Commentary
Due to work from domestic services being used by many people as a final result of lockdown measures in numerous countries, the Internet traffic has risen significantly, and is typically 25-30% greater than traditional (Source: The New Stack). Therefore, there is an extend in the need for community automation solutions to manage the rising community traffic. Moreover, during the pandemic, IoT products have showcased the doable to play a essential function in limiting the unfold of the virus and supporting in the cure of infected individuals. This has additionally accelerated the demand for network automation solutions to manipulate networks and statistics traffic. Further, there is an multiplied want for excessive bandwidth networks at some point of the pandemic. Thus, the adoption of virtual and software-defined networking has improved across many verticals. This growing adoption has direct penalties on community automation in terms of analyzing and managing the network traffic, community configuration, deployment of policies, and community bandwidth to streamline the commercial enterprise continuity.
Opportunity: Rising investments in R&D and emerging automation solutions
Networking businesses are closely investing in the R&D of networking solutions, with a center of attention on long-term cost creation. Based on the fluctuations in short-term business overall performance and economic results, main networking companies have now not reduced their investment for the innovation and trying out of network automation solutions. For instance, networking companies, such as Forward Networks, have come up with Intent-based Networking Solutions. Intent-based Networking takes commercial enterprise policy as its input, converts the requirement to a community configuration, and generates community designs.
Segmentation
Solution segment to lead the community automation market in 2020
The options section is leading the network automation market in 2020. An high quality community automation solution should be multi-level, which allow the whole thing from digital machines, to management of systems, to network discovery as required by way of an enterprise. Network automation is an critical step for corporations to enforce a networking answer that grows smarter, responsive, and continuously adopts and protects the network. Network automation consists of solutions consisting of community automation equipment and intent-based networking.
Cloud segment to lead the community automation market in 2020
Based on deployment mode, the cloud section is projected to lead the community automation market from 2020 to 2025. Cloud community automation enables quickly and impervious community configuration by means of leveraging cloud computing capabilities. Moreover, the cloud deployment mannequin scales a solution’s potential to deal with good sized network application traffic. With the adoption of these solutions, small corporations are capable to collect and analyze data, as a consequence improving client services. Presently, the demand for cloud-based network automation options is increasing over their on-premises counterparts, owing to a range of advantages provided via the cloud deployment model.
SMEs phase to develop at a greater CAGR during the forecast period
The rising utilization of cloud science has driven the adoption of the SDN technological know-how amongst SMEs. Owing to budget constraints, SMEs generally decide on the cloud-based solutions reachable in the market. These corporations have gradually started out adopting technologically superior merchandise that beautify their enterprise functionalities with restrained resources. For SMEs, community automation can make certain fee reduction in terms of expenditure on community infrastructure and minimize the time required for troubleshooting community troubles (by finding out the nation of the network at any factor in time)
Information Technology (IT) vertical to lead the community automation market in 2020
Based on vertical, the IT vertical is projected to lead the community automation market from 2020 to 2025. Data centers have numerous compute, storage, and community devices. As a result, records centers face complexities in the configuration and management of these multi-vendor devices. The scaling of networks has additionally elevated the OPEX for retaining IT departments and growing the responsiveness to altering enterprise needs. These factors have compelled IT departments to make big investments in maintaining their community infrastructure which has expanded the boom of network automation market.
Regional Analysis
North America to lead the community automation market in 2020
North America is estimated to keep the biggest share of the world network automation market in 2020. In the region, companies and carrier carriers are constantly changing their community infrastructure to cope with advanced technologies. North America is domestic to many technological innovators. Most of the main market players, such as Cisco, IBM, Juniper Networks, and NetBrain, have their headquarters in this region. These gamers furnish high quality community automation options global and possess a huge client base.
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