The network automation market is experiencing dynamic growth driven by several key factors. Firstly, the increasing complexity of networks due to the proliferation of devices, cloud computing, and the Internet of Things (IoT) has created a need for efficient management and automation. Organizations are adopting network automation solutions to streamline operations, reduce manual efforts, and enhance network performance. Secondly, the rise of software-defined networking (SDN) and network functions virtualization (NFV) has further accelerated the demand for network automation. These technologies enable agile and programmable networks, making automation crucial for their effective deployment and management. Thirdly, the growing emphasis on cost optimization, scalability, and enhanced security is driving the adoption of network automation solutions. Additionally, the advancements in artificial intelligence (AI) and machine learning (ML) are enabling intelligent network automation, enabling organizations to predict and proactively address network issues. The competitive landscape is also dynamic, with established network equipment vendors, software providers, and startups competing to offer innovative automation solutions to cater to the evolving needs of businesses.
The Network Automation Market was valued at US$ 14.56 Bn in 2021 and is forecast to reach a value of US$ 94.58 Bn by 2030 at a CAGR of 23.4% between 2022 and 2030.
Major Players in the Network Automation Industry:
1. Cisco Systems Inc.
Cisco Systems Inc. is an American multinational technology conglomerate that specializes in networking hardware, software, and services. It was founded on December 10, 1984, and has its headquarters in San Jose, California, United States. Cisco operates in over 180 countries worldwide, serving customers across various industries. In terms of recent developments in the network automation market, Cisco announced the acquisition of SaltStack Inc. in November 2020. SaltStack is a company that provides intelligent IT automation and configuration management solutions. This acquisition strengthens Cisco's network automation capabilities, allowing customers to automate and manage their networks more efficiently and securely.
2. Extreme Networks Inc.
Extreme Networks Inc. is an American networking company that offers software-driven solutions for network infrastructure and management. It was founded on January 1, 1996, and has its headquarters in San Jose, California, United States. Extreme Networks operates in over 80 countries worldwide, serving customers in industries such as healthcare, education, and manufacturing. In terms of recent developments, in February 2023, Extreme Networks announced an expansion of its network automation capabilities through its partnership with AppViewX Inc. This collaboration aims to provide customers with comprehensive network automation and orchestration solutions, enabling simplified network operations and increased efficiency.
3. Juniper Networks Inc.
Juniper Networks Inc. is an American multinational corporation that specializes in network infrastructure, security, and automation solutions. It was founded on February 6, 1996, and has its headquarters in Sunnyvale, California, United States. Juniper Networks operates in over 100 countries worldwide, serving customers in various sectors, including telecommunications, financial services, and government. In terms of recent developments in the network automation market, Juniper Networks announced the acquisition of Forward Networks Inc. in September 2021. Forward Networks provides a platform for network assurance, verification, and automation. This acquisition enhances Juniper Networks' capabilities in network automation, enabling customers to simplify their network operations and enhance security.
4. VMware Inc.
VMware Inc. is an American cloud computing and virtualization technology company. It was founded on February 14, 1998, and has its headquarters in Palo Alto, California, United States. VMware operates in over 120 countries worldwide, serving customers across various industries. In terms of recent developments in the network automation market, VMware announced the acquisition of Nyansa Inc. in January 2020. Nyansa is a company that provides AI-based network analytics and monitoring solutions. This acquisition strengthens VMware's network automation and monitoring capabilities, enabling customers to gain deeper insights into their networks, optimize performance, and automate network management tasks.
5. SaltStack Inc.
SaltStack Inc. is a software company specializing in intelligent IT automation and configuration management solutions. It was founded in 2011 and has its headquarters in Lehi, Utah, United States. SaltStack operates in multiple countries worldwide, serving customers in industries such as finance, healthcare, and technology. In terms of recent developments, SaltStack was acquired by Cisco Systems Inc. in November 2020. This acquisition enables Cisco to enhance its network automation capabilities by leveraging SaltStack's expertise in intelligent automation and configuration management. Together, Cisco and SaltStack aim to deliver comprehensive automation solutions to help organizations streamline their IT operations and improve efficiency.
6. BMC Software Inc.
BMC Software Inc. is an American software company specializing in digital enterprise management solutions. It was founded in 1980 and has its headquarters in Houston, Texas, United States. BMC Software operates in multiple countries worldwide, serving customers in various industries, including finance, healthcare, and manufacturing. In terms of recent developments in the network automation market, BMC Software announced the release of BMC Helix Automation Console in October 2021. This solution leverages AI and machine learning to automate the discovery, management, and remediation
Definition- Network automation refers to the use of software and technologies to automate the configuration, provisioning, management, and monitoring of network devices and infrastructure, improving efficiency, accuracy, and agility in network operations.
