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North America has established itself as the dominant player in the network automation market and is expected to hold the largest share of 45.78% in 2024. The region is home to several large technology companies that are at the forefront of innovating network automation solutions. These companies have made huge investments in research and development to develop cutting edge products and services. They also actively focus on automation to improve efficiency and reduce costs for their customers.
Further, many businesses in North America have widely adopted cloud, IoT, big data, and other emerging technologies in their operations. This has increased the network complexity multi-fold and driven the need for automation. There is a growing demand from both enterprise and communication service provider segments to automate routine network operations and activities. Organizations are increasingly relying on network automation to speed up deployments, improve uptime and reliability of networks.
Compared to other regions, Asia Pacific is witnessing the fastest growth in the network automation space and is estimated to grow at a CAGR of 28.92% in 2024. Rapid digital transformation of businesses and economy is happening across several developing nations in Asia Pacific. Countries like China, India, and others are focusing on connectivity infrastructure development through investments. 5G rollouts have begun and more networks are being deployed. This is resulting in more network complexities that require automation.
Further, a large IT services industry has emerged in Asia Pacific to cater to global clients. Outsourcing and offshoring models followed by companies, increases dependency on remote network management. Network automation solutions help improve visibility, control, and incident response times for providers operating in Asia Pacific. For network operators, automation offers Capex and Opex benefits through efficient operations. Their adoption is predicted to rise at an accelerated pace compared to mature markets.
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