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Network Automation Market

Global Network Automation Market Size, Share, Trends, Report: By Solution Type: Network Automation Tools, SD-WAN and Network Virtualisation, Intent-Based Networking; By Network Type: Physical, Virtual, Hybrid; By Service Type: Managed Services; By Deployment; By End Use; Regional Analysis; Competitive Landscape; 2024-2032

Global Network Automation Market Outlook

The global network automation market size was valued at USD 5.91 billion in 2023. The market is further projected to grow at a CAGR of 24% between 2024 and 2032, reaching a value of USD 41.07 billion by 2032.

 

Key Takeaways

  • Currently, 90% of large enterprises have multi-cloud infrastructure.
  • In 2022, the United States financial services industry was valued at USD 3.59 trillion.
  • Automating manufacturing tasks can save 749 billion work hours, and 64% of manufacturing tasks can be automated.

 

Network automation is the process of automating the configuration, management, testing, deployment, and operation of both virtual and physical network devices using software, hardware, or a combination of both. Network automation can help network administrators and engineers to reduce human errors, improve efficiency, enhance security, and optimise network performance.

 

The global network automation market is expected to grow at a substantial rate due to the increasing demand for network bandwidth and scalability, rising adoption of Internet of Things (IoT), cloud computing, big data analytics, and artificial intelligence (AI) applications. Moreover, the need for reducing operational costs and improving network reliability, availability, and agility, by minimising manual interventions and human errors has accelerated the demand for network automation.

 

Global Network Automation Market

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Key Trends and Developments

Rising demand for AI-based network solutions, growth of OTT services, and emergence of 5G networks are boosting the demand for automation in networks

 

Date Company Announcement
January 2024 BackBox Software Ltd. Integrated zero-trust capabilities into its network automation platform to cater to the growing convergence of network and security teams.
January 2024 Juniper Networks, Inc. Introduced the first AI-Native networking platform in the industry, which uses AI to guarantee the best possible end-to-end experiences for operators and users.
January 2024 GSMA and IBM Corporation Announced a collaboration to accelerate AI adoption and skills in the IT and telecoms sector
November 2023 Cisco Networks, Inc. Released a new report highlighting the unpreparedness of organisations for AI deployment and emphasized the increasing urgency to deploy AI networking solutions.

 

 

Trends Impact
Rising demand for artificial intelligence (AI) and machine learning (ML) for network automation AI and ML enable network operators to analyse data, optimise performance, detect, and resolve anomalies, and automate tasks. They also make network automation more adaptive and proactive. This trend boosts the demand for network automation solutions with AI and ML capabilities, such as intent-based networking, network orchestration, and network analytics.
Faster deployment of cloud-native and container-based network automation Network automation uses cloud computing and containers to enable faster deployment, portability, and scalability of network automation applications. This increases the market opportunities for network automation companies that offer cloud-native and container-based network automation solutions, such as Kubernetes, Docker, and Ansible.
Emergence of 5G and edge computing for network automation 5G and edge computing enables network operators to manage many heterogeneous devices, networks, and applications, with high performance, reliability, and security. This network automation trend drives the growth of network automation solutions that support 5G and edge computing, such as SD-WAN, NFV, and MEC.
Rising adoption of open source and vendor-agnostic network automation Open source and vendor-agnostic network automation solutions allow network operators to use different tools, platforms, and standards, to automate their networks. They are not tied to a single vendor or technology. This trend increases the competition among market vendors and fosters the development of new network automation solutions.

 

Global Network Automation Market Trends

The emergence of software-defined networking (SDN) and network function virtualisation (NFV) technologies, which enable network automation and orchestration across heterogeneous network environments is fueling the network automation market growth. Moreover, the growing adoption of network automation solutions and services by various industry verticals, such as telecom, IT, banking, healthcare, retail, and manufacturing is leading to network automation market expansion as these solutions enhance the network performance and security.

 

The robust growth of over-the-top (OTT) services is increasing the demand for high-resolution and quality videos, hence leading to a surge in network traffic. This is increasing the adoption of network automation to model requirements of a network and predict the network demand while analysing failures to enhance its effective use and reduce operational costs, thus augmenting the market growth. Hence, the growing popularity of OTT platforms, such as Netflix, Amazon Prime, Hulu, and Disney+ Hotstar, among others, in emerging economies such as India and Brazil is expected to boost automation of network and is projected to increase the network automation market value.

 

The rising popularity of connected devices, along with the advent of 5G network, is increasing the demand for automation of the network in the telecommunications industry to maximise the efficiency of the network. The growing demand for ultra-low latency services is increasing the requirement of automation of the network to maintain quality control and surge profitability, which, in turn, leads to network automation market development. Moreover, fierce competition within the industry is surging the requirement to offer quick responses to consumer requests, due to which network providers are increasingly automating their networks to boost agility and efficiency. The growing demand for cost-effective networks is also increasing the automation of network services, which is expected to positively impact the network automation market outlook in upcoming years.

 

Global Network Automation Market by Segment

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Market Segmentation

Global Network Automation Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

 

Market Breakup Categories
Solution Type Network Automation Tools, SD-WAN and Network Virtualisation, Intent-based Networking
Network Type Physical, Virtual, Hybrid
Service Type Managed Services, Professional Services
Deployment Cloud, On-Premise, Hybrid
End Use IT and Telecom, Manufacturing, Energy and Utility, Banking and Financial Services, Education, Others
Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa

 

Intent-based networking solutions are expected to lead the market share due to the rising adoption of AI-based network security systems

Intent-based networking solutions are anticipated to lead the network automation market share in the forecast period. Intent-based networking solutions includes solutions that use artificial intelligence and machine learning to automate the translation of business goals and policies into network configurations and actions, ensuring alignment and compliance across the network. These solutions offer benefits such as reduced operational complexity, enhanced network visibility and security, and improved network agility and efficiency. Moreover, the increasing need for network automation, the growing demand for self-optimising networks, and the rising adoption of cloud and IoT technologies is increasing the intent-based networking market size. Some of the leading vendors in this segment are Cisco and Juniper Networks.

 

Moreover, other types of network automation solutions include network automation tools, which include software and hardware tools that enable the automation of network functions, such as configuration, provisioning, monitoring, troubleshooting, and system’s security. The tools can be categorised into network automation platforms, orchestration tools, testing tools, and analytics tools. Furthermore, the network automation tools segment is witnessing a steady growth rate due to the increasing demand for agile and efficient network operations, the growing adoption of cloud and virtualisation technologies, and the rising need for compliance and security in network management.

 

SD-WAN and network virtualisation includes solutions that enable the creation and management of virtual networks over wide area networks (WANs), using software-defined networking (SDN) and network function virtualisation (NFV) technologies. These solutions offer benefits such as cost reduction, bandwidth optimisation, network scalability, and improved performance and reliability, propelling the network automation market growth. The key drivers for this segment are the increasing demand for cloud-based applications and services, the growing need for simplified and centralised network management, and the rising adoption of multi-cloud strategies.

 

IT and telecom vertical holds a significant network automation market share because of their complex network architectures and high network traffic

According to network automation market analysis, the IT and telecom vertical is expected to hold the largest market share during the forecast period, as telecom and IT companies are facing high network traffic, which results in high demand for efficient and agile network operations in IT and telecom industries. Network automation enables IT and telecom companies to automate tasks such as configuration, provisioning, testing, troubleshooting, and monitoring of networks. Network automation also helps to reduce human errors, improve network performance, and enhance security.

 

The manufacturing segment is expected to witness significant growth in the network automation market due to the increasing adoption of Industry 4.0 and smart manufacturing technologies. Network automation allows manufacturing companies to optimise their production processes, reduce operational costs, and improve quality and safety. Network automation also enables the integration of various devices and systems across the manufacturing value chain, such as sensors, robots, machines, and cloud platforms.

 

In addition, the education sector is expected to show potential growth in the network automation market due to the rising adoption of e-learning and online education platforms. Network automation enables educational institutions to manage and optimise their network resources, improve connectivity and accessibility, and provide a seamless learning experience for students and teachers. Network automation also facilitates the integration of various technologies and digital tools, such as video conferencing, virtual reality, artificial intelligence, and cloud computing, in the education sector.

 

Global Network Automation Market by Region

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Competitive Landscape

The market players are introducing networking platforms to stay ahead in the competition, further increasing their collaboration efforts to foster the adoption of networking solutions.

 

Company Name Year Founded Headquarters Products/Services
Cisco Systems, Inc. 1984 California, United States Networking hardware, such as routers, switches, and firewalls; software, such as network management and security tools; and services, such as technical support and consulting
Juniper Networks, Inc. 1996 California, United States Networking products and solutions, such as routers, switches, security devices, and cloud infrastructure; and services, such as training, maintenance, and professional services
IBM Corporation 1911 New York, United States Information technology products and services, such as servers, storage, software, cloud computing, artificial intelligence, and blockchain; and services, such as consulting, outsourcing, and research
HP Development Company, L.P. 1939 California, United States Personal computers, such as laptops, desktops, and workstations; printers, such as inkjet, laser, and multifunction printers; and related services, such as device management and support

 

Other key players in the network automation market analysis include Backbox Software Ltd., BlueCat Networks, Inc., Park Place Technologies, BMC Software, Inc., Anuta Networks International LLC, and Micro Focus International Plc, among others.

 

Global Network Automation Market Analysis by Region

North America is the prominent region in the market due to its well-established network infrastructure

The North American region is anticipated to hold a dominant position in the network automation market as the region has a well-established network infrastructure, a high adoption of cloud services, and a strong presence of leading network automation vendors, such as Cisco, IBM, Juniper, and VMware. The key drivers for network automation in North America are the increasing network complexity, the growing demand for network security and compliance, and the need for network scalability and efficiency.

 

According to network automation market report, Europe is the second-largest market for network automation because the region has a diverse network landscape, with varying levels of network infrastructure development and digital transformation across different countries. The region is also home to some of the major network automation vendors, such as Nokia, Ericsson, and Huawei. The key drivers for network automation in Europe are the rising adoption of cloud services, the increasing demand for network optimisation and agility, and the regulatory policies that support network innovation and standardisation.

 

Moreover, Asia Pacific is the fastest-growing market as the region has a huge potential for network automation, as it has a large and growing population, a booming digital economy, and a rising demand for network bandwidth. The region is also undergoing a rapid network infrastructure development, especially in emerging markets, such as China, India, and Southeast Asia, which can increase the overall network automation market worth. The key drivers for network automation in Asia Pacific are the growing adoption of 5G and IoT technologies, the increasing need for network security and reliability, and the competitive pressure to reduce network operational costs.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Solution Type
  • Network Type
  • Service Type
  • Deployment
  • End Use
  • Region
Breakup by Solution Type
  • Network Automation Tools
  • SD-WAN and Network Virtualisation
  • Intent-based Networking
Breakup by Network Type
  • Physical
  • Virtual
  • Hybrid
Breakup by Service Type
  • Managed Services
  • Professional Services
Breakup by Deployment
  • Cloud
  • On-Premise
  • Hybrid
Breakup by End Use
  • IT and Telecom
  • Manufacturing
  • Energy and Utility
  • Banking and Financial Services
  • Education
  • Others    
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Juniper Networks, Inc.
  • IBM Corporation, L.P.
  • Backbox Software Ltd.
  • BlueCat Networks, Inc.
  • Cisco Systems, Inc.
  • Park Place Technologies
  • BMC Software, Inc.
  • HP Development Company
  • Anuta Networks International LLC
  • Micro Focus International Plc
  • Others

 

Network Automation Market Report Snapshots

Network Automation Market Size

Network Automation Market Trends

Network Automation Market Share

Network Automation Companies

Network Automation Market Regional Analysis

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Network Automation Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Network Automation Historical Market (2018-2023) 
    8.3    Global Network Automation Market Forecast (2024-2032)
    8.4    Global Network Automation Market by Solution Type
        8.4.1    Network Automation Tools
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    SD-WAN and Network Virtualisation
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Intent-based Networking
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
    8.5    Global Network Automation Market by Network Type
        8.5.1    Physical
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Virtual
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Hybrid
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
    8.6    Global Network Automation Market by Service Type
        8.6.1    Managed Services
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Professional Services
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
    8.7    Global Network Automation Market by Deployment
        8.7.1    Cloud
            8.7.1.1    Historical Trend (2018-2023)
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    On-Premise
            8.7.2.1    Historical Trend (2018-2023)
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Hybrid
            8.7.3.1    Historical Trend (2018-2023)
            8.7.3.2    Forecast Trend (2024-2032)
    8.8    Global Network Automation Market by End Use
        8.8.1    IT and Telecom
            8.8.1.1    Historical Trend (2018-2023)
            8.8.1.2    Forecast Trend (2024-2032)
        8.8.2    Manufacturing
            8.8.2.1    Historical Trend (2018-2023)
            8.8.2.2    Forecast Trend (2024-2032)
        8.8.3    Energy and Utility
            8.8.3.1    Historical Trend (2018-2023)
            8.8.3.2    Forecast Trend (2024-2032)
        8.8.4    Banking and Financial Services
            8.8.4.1    Historical Trend (2018-2023)
            8.8.4.2    Forecast Trend (2024-2032)
        8.8.5    Education
            8.8.5.1    Historical Trend (2018-2023)
            8.8.5.2    Forecast Trend (2024-2032)
        8.8.6    Others    
    8.9    Global Network Automation Market by Region
        8.9.1    North America
            8.9.1.1    Historical Trend (2018-2023) 
            8.9.1.2    Forecast Trend (2024-2032)
        8.9.2    Europe
            8.9.2.1    Historical Trend (2018-2023) 
            8.9.2.2    Forecast Trend (2024-2032)
        8.9.3    Asia Pacific
            8.9.3.1    Historical Trend (2018-2023)
            8.9.3.2    Forecast Trend (2024-2032)
        8.9.4    Latin America
            8.9.4.1    Historical Trend (2018-2023) 
            8.9.4.2    Forecast Trend (2024-2032)
        8.9.5    Middle East and Africa
            8.9.5.1    Historical Trend (2018-2023) 
            8.9.5.2    Forecast Trend (2024-2032)
9    North America Network Automation Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Network Automation Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Network Automation Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Network Automation Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Network Automation Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Competitive Landscape
    15.1    Market Structure
    15.2    Company Profiles
        15.2.1    Juniper Networks, Inc.
            15.2.1.1    Company Overview
            15.2.1.2    Product Portfolio
            15.2.1.3    Demographic Reach and Achievements
            15.2.1.4    Certifications
        15.2.2    IBM Corporation, L.P.
            15.2.2.1    Company Overview
            15.2.2.2    Product Portfolio
            15.2.2.3    Demographic Reach and Achievements
            15.2.2.4    Certifications
        15.2.3    Backbox Software Ltd.
            15.2.3.1    Company Overview
            15.2.3.2    Product Portfolio
            15.2.3.3    Demographic Reach and Achievements
            15.2.3.4    Certifications
        15.2.4    BlueCat Networks, Inc.
            15.2.4.1    Company Overview
            15.2.4.2    Product Portfolio
            15.2.4.3    Demographic Reach and Achievements
            15.2.4.4    Certifications
        15.2.5    Cisco Systems, Inc.
            15.2.5.1    Company Overview
            15.2.5.2    Product Portfolio
            15.2.5.3    Demographic Reach and Achievements
            15.2.5.4    Certifications
        15.2.6    Park Place Technologies
            15.2.6.1    Company Overview
            15.2.6.2    Product Portfolio
            15.2.6.3    Demographic Reach and Achievements
            15.2.6.4    Certifications
        15.2.7    BMC Software, Inc.
            15.2.7.1    Company Overview
            15.2.7.2    Product Portfolio
            15.2.7.3    Demographic Reach and Achievements
            15.2.7.4    Certifications
        15.2.8    HP Development Company
            15.2.8.1    Company Overview
            15.2.8.2    Product Portfolio
            15.2.8.3    Demographic Reach and Achievements
            15.2.8.4    Certifications
        15.2.9    Anuta Networks International LLC
            15.2.9.1    Company Overview
            15.2.9.2    Product Portfolio
            15.2.9.3    Demographic Reach and Achievements
            15.2.9.4    Certifications
        15.2.10    Micro Focus International Plc
            15.2.10.1    Company Overview
            15.2.10.2    Product Portfolio
            15.2.10.3    Demographic Reach and Achievements
            15.2.10.4    Certifications
        15.2.11    Others
16    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Network Automation Market: Key Industry Highlights, 2018 and 2032
2.    Global Network Automation Historical Market: Breakup by Solution Type (USD Million), 2018-2023
3.    Global Network Automation Market Forecast: Breakup by Solution Type (USD Million), 2024-2032
4.    Global Network Automation Historical Market: Breakup by Service Type (USD Million), 2018-2023
5.    Global Network Automation Market Forecast: Breakup by Service Type (USD Million), 2024-2032
6.    Global Network Automation Historical Market: Breakup by Deployment (USD Million), 2018-2023
7.    Global Network Automation Market Forecast: Breakup by Professional Service (USD Million), 2024-2032
8.    Global Network Automation Historical Market: Breakup by Deployment (USD Million), 2018-2023
9.    Global Network Automation Market Forecast: Breakup by Network Type (USD Million), 2024-2032
10.    Global Network Automation Historical Market: Breakup by End Use (USD Million), 2018-2023
11.    Global Network Automation Market Forecast: Breakup by End Use (USD Million), 2024-2032
12.    Global Network Automation Historical Market: Breakup by Region (USD Million), 2018-2023
13.    Global Network Automation Market Forecast: Breakup by Region (USD Million), 2024-2032
14.    North America Network Automation Historical Market: Breakup by Country (USD Million), 2018-2023
15.    North America Network Automation Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Europe Network Automation Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Europe Network Automation Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    Asia Pacific Network Automation Historical Market: Breakup by Country (USD Million), 2018-2023
19.    Asia Pacific Network Automation Market Forecast: Breakup by Country (USD Million), 2024-2032
20.    Latin America Network Automation Historical Market: Breakup by Country (USD Million), 2018-2023
21.    Latin America Network Automation Market Forecast: Breakup by Country (USD Million), 2024-2032
22.    Middle East and Africa Network Automation Historical Market: Breakup by Country (USD Million), 2018-2023
23.    Middle East and Africa Network Automation Market Forecast: Breakup by Country (USD Million), 2024-2032
24.    Global Network Automation Market  Structure

Key Questions Answered in the Report

In 2023, the network automation market reached an approximate value of USD 5.91 billion.

The network automation market is expected to grow at a CAGR of 24% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 41.07 billion by 2032.

The market is being driven by the growing demand for enhanced network security, increasing investments in network automation, and the rising popularity of over-the-top platforms.

Key trends aiding market expansion include the growing popularity of connected devices, rising demand for ultra-low latency, and increasing demand for automation of networks in the education industry.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The important network types of network automation are physical, virtual, and hybrid.

The major deployments of network automation are cloud, on-premise, and hybrid.

The significant end uses in the market are IT and telecom, manufacturing, energy and utility, banking and financial services, and education, among others.

Key players in the industry are Juniper Networks, Inc., IBM Corporation, L.P., Backbox Software Ltd., BlueCat Networks, Inc., Cisco Systems, Inc., Park Place Technologies, BMC Software, Inc., HP Development Company, Anuta Networks International LLC, and Micro Focus International Plc, among others.

Analyst Review

The global network automation market attained a value of nearly USD 5.91 billion in 2023, driven by the growing demand for enhanced network security. Aided by the increasing demand for automation of networks in the education industry, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 24%. The market is projected to reach about USD 41.07 billion by 2032.

 

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its solution types, the network automation industry can be segmented into network automation tools, SD-WAN and network virtualisation, and intent-based networking. On the basis of network types, the industry is divided into physical, virtual, and hybrid. By service type, the market is divided into managed services and professional services. Based on deployments, the market is categorised into cloud, on-premise, and hybrid. By end uses, the market is segmented into IT and telecom, manufacturing, energy and utility, banking and financial services, and education, among others. The major regional markets for network automation are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Juniper Networks, Inc., IBM Corporation, L.P., Backbox Software Ltd., BlueCat Networks, Inc., Cisco Systems, Inc., Park Place Technologies, BMC Software, Inc., HP Development Company, Anuta Networks International LLC, and Micro Focus International Plc, among others.

 

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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