The network automation market is estimated to be valued at USD 14.27 billion in 2024 and is expected to reach USD 68.02 billion by 2031, growing at a compound annual growth rate (CAGR) of 25% from 2024 to 2031.

Report Description:

The rapid digital transformation across various industries has accelerated the need for network automation. Traditional networks are increasingly complex with diverse protocols, heterogeneous infrastructure and a multitude of vendor involvement. Manually managing such large scaled networks is cumbersome and results in network inefficiencies, security vulnerabilities, and higher costs. Network automation provides visibility into network health and enables centralized control via software defined platforms. By automating routine tasks, network teams can focus on strategic initiatives for digital transformation. Application of Machine Learning/Artificial Intelligence further improves network management through predictive analytics. Network automation tools assist in change validation, compliance, simplified provisioning, and streamlining of day 0 to day 2 operations on physical and virtual networks. With more enterprises adopting cloud-first strategies, automation helps ensure consistent network policies across hybrid environments.

Market Dynamics:

The network automation market is driven by the rising complexity of modern networks and greater emphasis on network agility and security. The requirement of supporting frequent infrastructure changes, optimizations, and scaling of networks for digital services is fueling adoption of network automation. Increased remote working during the pandemic has amplified the need for centralized control over distributed networks. However, lack of skilled talent and integration challenges pose a restraint. Vendors are tapping opportunities in the telecom sector by assisting in 5G rollouts and automation of optical networks. Growth opportunities also lie in automation of campus infrastructure and integration with IT Service Management solutions. Deployment of SD-WAN and Secure Access Service Edge  architectures also augment automation adoption rates.

Key features of the study:

• This report provides an in-depth analysis of the global network automation market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year.
• It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market.
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
• It profiles key players in the global network automation market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
• Key companies covered as a part of this study include Cisco Systems Inc., Apstra Inc., Arista Networks Inc., BackBox Software Ltd., BMC Software Inc., Fujitsu Limited, HCL Technologies Limited, Hewlett Packard Enterprise Development LP, IBM Corporation, Intraway Corporation, Juniper Networks Inc., Micro Focus International PLC, NetBrain Technologies Inc., Network Automation Inc., NVIDIA Corporation, Red Hat Inc., Riverbed Technology Inc., SaltStack Inc., Sedona Systems Ltd., SolarWinds Inc., Veriflow Systems Inc., Versa Networks Inc., VMware Inc., and Volta Networks Inc.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
• The global network automation market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global network automation market.

Market Segmentation

• Network Type
  • Physical
  • Virtual
  • Hybrid
• Service Type
  • Network Automation Tools
  • SD-WAN and Network Virtualization
  • Intent-based Networking
• Deployment Type
  • Cloud
  • On Premise
• Region
  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa
• Key Players Insights
  • Cisco Systems Inc.
  • Apstra Inc.
  • Arista Networks Inc.
  • BackBox Software Ltd.
  • BMC Software Inc.
  • Fujitsu Limited
  • HCL Technologies Limited
  • Hewlett Packard Enterprise Development LP
  • IBM Corporation
  • Intraway Corporation
  • Juniper Networks Inc.
  • Micro Focus International PLC
  • NetBrain Technologies Inc.
  • Network Automation Inc.
  • NVIDIA Corporation
  • Red Hat Inc.
  • Riverbed Technology Inc.
  • SaltStack Inc.
  • Sedona Systems Ltd.
  • SolarWinds Inc.
  • Veriflow Systems Inc.
  • Versa Networks Inc.
  • VMware Inc.
  • Volta Networks Inc.