What Has Driven the Growth of the Network Automation Market in Recent Years?
The network automation market has seen considerable growth due to a variety of factors.
• Over the past few years, there has been a significant expansion in the size of the network automation market. The market, currently standing at $8.93 billion in 2024, is projected to ascend to $11 billion in 2025, showcasing a compound annual growth rate (CAGR) of 23.1%.
The surge experienced in this specific period is primarily because of the escalation in data traffic, the need for operational efficiency, efforts to cut costs, the popularity of vendor-agnostic solutions, and the growing intricacy of networks.
What is the Market Size Forecast for the Network Automation Market?
The network automation market is expected to maintain its strong growth trajectory in upcoming years.
• The size of the network automation market is anticipated to undergo substantial expansion in the upcoming years, reaching a total of $29.3 billion in 2029 with a compound annual growth rate (CAGR) of 27.8%.
The projected growth in this period can be attributed to several key factors, including an emphasis on self-repairing networks, zero trust security models, containerization and microservices, network-as-a-service (NaaS) models, and ongoing compliance and regulatory requirements. The forecast period is also expected to witness trends such as AI-powered automation, the rise of edge computing, the incorporation of AI and ML, hybrid and multi-cloud environments, as well as network slicing for customization.
What Factors Are Driving Growth In The Network Automation Market?
The escalating usage of cloud-based offerings is propelling the expansion of the network automation marketplace. It offers a uniform infrastructure and operations while minimizing labor and fostering both gains in productivity and operational efficiency. Cloud-based tools necessitate an automated setup for effortless deployment and application operations, life-cycle management, policy-based allocation, among others. For instance, a 2022 research survey by Clouds 247 revealed that over 60% of businesses aim to integrate cloud computing within the next 18 months, while more than 45% of firms have already transitioned to cloud IT systems at the time of the survey. Therefore, the mounting inclination of companies towards cloud-based services is anticipated to stimulate the need for network automation during the projected period.
What Are The Main Segments Of The Global Network Automation Market?
The network automation market covered in this report is segmented –
1) By Solution Type: Network Automation Tools, SD-WAN And Network Virtualization, Intent-Based Networking
2) By Component: Solution, Services
3) By Deployment Mode: On-premises, Cloud
4) By Industry Vertical: IT And Telecom, BFSI, Manufacturing, Healthcare, Energy And Utilities, Education, Other Industry Verticals
Subsegments:
1) By Network Automation Tools: Configuration Management Tools, Network Monitoring Tools, Orchestration Tools, Analytics And Reporting Tools
2) By SD-WAN And Network Virtualization: SD-WAN Solutions, Network Function Virtualization (NFV), Virtual Private Network (VPN) Solutions
3) By Intent-Based Networking: Policy Management Tools, Automation Frameworks, Assurance And Analytics Solutions
Pre-Book The Network Automation Global Market Report 2025 Report For Swift Delivery And Comprehensive Insights:
What Emerging Trends Are Influencing The Growth Of The Network Automation Market?
The leading firms in the network automation sector are concentrating on advancements and improvements in technology, such as the Networking Cloud Platform. This is geared towards enhancing network management, boosting scalability, and simplifying operations via automation. A Networking Cloud Platform is a cloud-supported solution to orchestrate and manage network resources, making it easier for organizations to automate processes, improve scalability, and enhance overall network performance. To illustrate, in June 2023, Cisco, a notable U.S-based company specializing in networking hardware, software, and services, is well-known for its advancements in networking technology and solutions tailored for enterprises, data centers, and cloud environments. The Networking Cloud Platform eases gear management by offering centralized monitoring, automated configuration, real-time analytics, and smooth integration with existing systems. This allows for effective control over network devices and resources.
Who Are the Key Players in the Network Automation Market?
Major companies operating in the network automation market include:
• Cisco Systems Inc.
• Juniper Networks Inc.
• NetBrain Technologies Inc.
• Forward Networks Inc.
• SolarWinds Inc.
• Apstra Inc.
• BlueCat Networks Inc.
• Entuity Ltd.
• Veriflow Systems Inc.
• Riverbed Technology Inc.
• Itential LLC
• Volta Networks Inc.
• Sedona Systems Ltd.
• Kentik Inc.
• NetYCE B. V.
• Versa Networks Inc.
• AppViewX Inc.
• 128 Technology Inc.
• Anuta Networks Inc.
• IBM Corporation
• Hewlett Packard Enterprise Development LP
• Fujitsu Limited
• Network Automation Inc.
• Micro Focus International PLC
• Arista Networks Inc.
• Extreme Networks Inc.
• BMC Software Inc.
• SaltStack Inc.
• BackBox Software Ltd.
• HCL Technologies Limited
• NVIDIA Corporation
• Intraway Corporation
What Is The Most Dominant Region In The Network Automation Market?
North America was the largest region in the network automation market in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the network automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
