Global Network Automation Market Forecast to 2028

The global network automation market is expected to reach a value of USD 16.77 billion in 2028, at a rapid revenue CAGR of 23.7%, according to the latest analysis by Emergen Research. The rapid growth of the market can be attributed to the rise in the usage of connected devices, along with rapid and continuous innovations and technological advancements in the field of network automation. Rising demand for efficient and robust automated solutions is also playing a major role in market development.

By carefully analyzing the vital commercial data and broad geographic dispersion of the business, Emergen Research created a market research study on Network Automation. The study provides comprehensive coverage of the qualitative and quantitative analysis of the market for Network Automation as well as important market statistics. The study paper offers current estimates through 2021 as well as historical data from 2017 to 2018. The profiles of both well-known and emerging industry participants in the research contain a summary of the company, its product portfolio, strategic relationships, and corporate expansion goals.

Constantly evolving technologies, such as unified communications and SD-WAN architecture, are boosting market growth. Additionally, the establishment of a large number of new startups, coupled with the implementation of automated networks in the logistics sector, is driving the network automation market globally.

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The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Network Automation market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

Key Companies Profiled in the Report are:

6Connect, Inc., Anuta Networks International, LLC, AppViewX, Inc., Apstra, Inc., Arista Networks, Inc., Cisco Systems Inc., Cumulus Networks Inc., Fujitsu Ltd, HCL Technologies, IBM Corporation, VMware Inc

Research Report on the Network Automation Market Addresses the Following Key Questions:

• Who are the dominant players of the Network Automation market?
• Which regional market is anticipated to have a high growth rate over the projected period?
• What consumer trends and demands are expected to influence the operations of the market players in the Network Automation market?
• What are the key growth drivers and restraining factors of the Network Automation market?
• What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
• What is the overall impact of the COVID-19 pandemic on the Network Automation market and its key segments?

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Key Highlights of the Report

• In January 2021, Ericsson launched 5G RAN to boost their 5G business growth. The purpose of this launch is to support business models and strengthen network slicing capabilities.
• In February 2021, VMware and Accenture entered into a partnership to create a new business group, in order to help and encourage organizations to accelerate their transition to a faster cloud strategy.
• The vitual segment is expected to register a high revenue growth rate in the global network automation markert during the forecast period, owing to increasing adoption of virtual network systems due to their ability to access computer devices or servers remotely.
• North America accounted for largest revenue share in the global market in 2020 and is expected to register a rapid revenue growth rate over the forecast period, which can be attributed to the presence of a large number of startups in the region. Moreover, major market players in the region are establishing partnerships to increase their customer base, which is expected to have a positive impact on growth of the North America market.

Market Overview:

The report bifurcates the Network Automation market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

Segments Covered in this report are:

• Network Type Outlook (Revenue, USD Billion; 2018–2028)
  • Physical
  • Virtual
  • Hybrid

• Solution Outlook (Revenue, USD Billion; 2018–2028)
  • Network Automation Tools
  • SD-WAN and Network Virtualization
  • Intent-based Networking

• End-use Outlook (Revenue, USD Billion; 2018–2028)
  • IT and Telecom
  • Manufacturing
  • Energy and Utility
  • Banking and Financial Services
  • Education

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Regional Landscape section of the Network Automation report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.

The various regions analyzed in the report include:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

How will this Report Benefit you?

A 250-page report from Emergen Research includes 194 tables and 189 charts and graphics. Anyone in need of commercial, in-depth assessments for the global Network Automation market, as well as comprehensive market segment analysis, can benefit from our new study. You can assess the whole regional and global market for Network Automation with the aid of our recent study. To increase market share, obtain financial analysis of the whole market and its various segments. We think there are significant prospects in this industry for rapidly expanding energy storage technology. Look at how you may utilise the current and potential revenue-generating prospects in this sector. The research will also assist you in making better strategic decisions, enabling you to build growth strategies, strengthen competitor analysis, and increase business productivity.

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Thank you for reading our report. To know more about the customization feature, please get in touch with us, and our team will ensure the report is customized to meet your requirements.  

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