Network
Automation Market - Overview
The development of software solutions that assist
the Network Automation Market 2020 is estimated to see
prolific growth in the future. The networking and telecommunications reports
are made by Market Research Future, which consist of market possibilities for
development. The market stands to gain USD 27 billion while flourishing at a
CAGR 49% in the forecast period.
The need to improve efficiency and to drop
operational costs is foreseen to steer the network automation market in the
coming period. The widespread deployment of software-defined wide area network
infrastructure is estimated to be important for the market contenders to expand
at a positive pace in the forecast period. The prevalence of wireless and WAN
is predicted to assist the network automation market worth.
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Segmental Analysis
The segmental scrutiny of the network automation
market is directed on the basis of the deployment, network infrastructure,
organization size, component, vertical and region. Based on the deployment, the
market for network automation is segmented into on-cloud and on-premise. On the
basis of network infrastructure, the market for network automation is segmented
into a virtual network configuration, physical network configuration, and
hybrid network configuration. Based on the component, the market for network
automation is split into solution and services. The services are further split
into professional and managed services. The solution segment is additionally
segmented into network automation tools, intent-based working and SD-WAN. By
the organization sizes, the market for network automation is segmented into SME
and large enterprises. Based on the regions, the market for network automation
is segmented into Europe, Asia Pacific, North America, and the rest of the
regions.
Detailed Regional Analysis
The regional appraisal of the network automation
market includes regions such as Europe, Asia Pacific, North America, and the
rest of the regions. The regional network automation market in North America is
anticipated to hold a strategic market share and is projected to endure during the
forecast period. The speedy implementation of the internet of things and
colocation of data centres are motivating the network automation market growth
in this region. The Asia Pacific regional market is foreseen to show well-known
advance rate all over the forecast period. The mounting use of smart connected
devices in the region and the presence of the foremost regional players are
steering the network automation market in this region. The advent of cloud
networking and eminent demand for network automation through evolving countries
comparable to India and China are inspiring the network automation market in
this region.
Competitive Analysis
The need to effectively engage customers in all of
their geographical markets is estimated to help the market overcome the
hindrances being faced currently. Besides, the need to ensure that the
long-term sustainable growth goals are not comprised due to the current
difficulties is foreseen to be extremely important for the market stakeholders.
The need to establish a unique advantage in the market is reviewed to have a
substantial influence on the global market. The market is predicted to guide
its future growth with the inclusion of a balance of innovation and continual
product enhancement. The trends prevalent in the market are contributing
substantially to the market’s progress. The market contenders are estimated to
support the growth enabling factors and thus are estimated to pull the market
out of the depression due to the ongoing global pandemic. The focus on accelerating
growth is estimated to take the main stage in the forecast period.
The eminent contenders in the network automation
market are Juniper Networks, Inc. (U.S.), IBM Corporation (U.S.), Micro Focus
International plc (U.K), NetBrain Technologies Inc. (U.S.), Cisco Systems, Inc.
(U.S.), SolarWinds Inc. (U.S.), BMC Software (U.S.), Riverbed Technology, Inc.
(U.S.), Apstra (U.S.), BlueCat (Canada), Entuity (U.K), and Veriflow Systems
(U.S.).
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