What Is The Definition Of The Global Zero Touch Provisioning Market?
Zero-touch provisioning (ZTP) is a method of automating network devices and infrastructure deployment and configuration without requiring manual intervention or human interaction. This method simplifies and accelerates network infrastructure deployment by automating the configuration process, reducing manual errors, and improving operational efficiency.
Zero Touch Provisioning Global Market Report 2024 provides data on the global zero touch provisioning market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The zero touch provisioning market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.
How Are The Global Zero Touch Provisioning Market Size And Growth Rates Projected To Evolve?
The zero-touch provisioning market has grown rapidly, rising from $3.51 billion in 2023 to $4.10 billion in 2024, with a CAGR of 16.6%. Growth during the historical period was driven by smart device adoption, IoT proliferation, and demand for connected devices. The market is expected to grow to $7.70 billion by 2028, with a CAGR of 17.1%. Future growth will be fueled by AI and ML integration, IoT expansion, cloud services, and network complexity. Key trends include standardization, cloud-native provisioning, new verticals, autonomous operations, and ecosystem collaborations.
What Are The Essential Drivers Behind The Growth Of The Zero Touch Provisioning Market?
The increasing deployment of 5G networks is expected to fuel the growth of the zero-touch provisioning market. 5G networks provide faster speeds, lower latency, and more reliable connections, enabling more devices to be connected. Zero-touch provisioning simplifies device setup and management remotely, improving speed and efficiency. 5G Americas reported that 5G connections in North America reached 151 million in 2023, with projections to grow to 669 million by 2028. Therefore, the rapid deployment of 5G networks is accelerating the growth of the zero-touch provisioning market.
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How Is The Global Zero Touch Provisioning Market Divided Into Key Segments?
The zero touch provisioning market covered in this report is segmented –
1) By Component: Platform, Services
2) By Network Complexity: Multi-Vendor Environment, Complex Network Architecture, Dynamic Network Environment
3) By Device Type: Routers, Switches, Access Points, Firewalls, Internet Of Things Devices, Other Device Types
4) By Enterprise Size: Large Enterprises, Small And Medium Enterprises
4) By Industry: Information Technology And Telecommunications, Manufacturing, Healthcare, Retail, Other Industries
What Trends Are Reshaping The Future Of The Zero Touch Provisioning Market?
Major companies in the zero-touch provisioning market are developing innovative solutions, such as True Zero-Touch Automation, to increase profitability. True Zero-Touch Automation integrates seamlessly with cloud services to automate device deployment and configuration without any manual involvement. In July 2021, Lantronix Inc., a US-based provider of secure data access solutions, introduced True Zero-Touch Automation for remote device provisioning with the ConsoleFlow Cloud-Based SaaS Platform. This platform provides a fully automated provisioning process, reducing the need for on-site visits and cutting costs. It also supports centralized asset management, automated monitoring, and mobile access via iOS or Android. True Zero-Touch Automation includes device imports, firmware updates, and secure cloud updates, improving efficiency and minimizing errors.
What Is The Fastest Growing Region In The Zero Touch Provisioning Market?
Asia-Pacific was the largest region in the zero touch provisioning market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the zero touch provisioning market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
