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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