Network Automation Market Is Driven By Increasing Adoption Of AI And Cloud Technologies

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Network automation enables organizations to optimize their network infrastructure and resources by automating repetitive tasks such as configuration, management, testing, and implementation of changes to network components and systems. This helps reduce human error and cost of operation related to network management. By automating networking tasks and processes, organizations are able to free up crucial time and capital for strategic innovation and growth initiatives. The global network automation market is expected to witness significant growth in the coming years as more businesses adopt modern technologies like cloud services and embrace digital transformation at a large scale. AI-powered network automation tools allow for better management of increasingly complex network structures in today's hybrid environments while also enabling seamless scalability.

The Global Network Automation Market is estimated to be valued at US$ 25.54 Bn in 2024 and is expected to exhibit a CAGR of 9.4% over the forecast period 2024 to 2030.



Key players operating in the Network Automation market are Pfizer Inc., AstraZeneca plc, F. Hoffmann-La Roche Ltd., Eli Lilly and Company, Boehringer Ingelheim GMBH, Novartis AG, Bristol-Myers Squibb Company, and Merck & Co., Inc. These players are adopting organic and inorganic growth strategies like mergers & acquisitions and new product launches to strengthen their market presence.

The growing demand for cloud-based services and increasing complexity of network infrastructure is expected to drive the demand for network automation solutions in the coming years. Automation helps streamline network management and allows scalability to support high network traffic.

Major players are also expanding their geographic presence by entering emerging Global Network Automation Market Size  in Asia Pacific and Latin America. This is due to the increased network investment by telecom operators and rising adoption of digital technologies in industrial and business applications.

Market drivers

The growth of IoT ecosystem is a key driver for network automation market. As more devices and ‘things’ get connected via networks, there is a need to manage the resulting network complexities. Automation helps overcome challenges of securing, monitoring and optimizing performance of large IoT infrastructure. Growing deployment of 5G technology is also driving the demand as 5G enables high speed connectivity of an unlimited number of devices. Need for scalable, efficient management of increasingly complex networks will continue boosting adoption of network automation solutions.

The current geopolitical situation is having a significant impact on the growth of the network automation market. The ongoing conflict between Russia and Ukraine has disrupted supply chains and trade routes in the region. This has led to a shortage of components required for networking equipment. Many large networking companies have presence or operations in these countries. The conflict has forced them to rework their supply chain and manufacturing strategies. It has pushed up costs for these companies. The sanctions imposed on Russia by western countries has further complicated trade dynamics in the region. This instability has hindered expansion plans of networking firms in Eastern Europe and CIS countries.

In terms of value, North America is currently the largest market for network automation accounting for over 35% share. This is driven by early adoption of advanced networking technologies by enterprises across industries in the US. However, Asia Pacific region is witnessing the fastest growth and is emerging as the new global hub for networking innovation. Countries like China, India, and Japan are aggressively investing in networking infrastructure and digitization programs. Growing adoption of cloud, IoT, and 5G in manufacturing and consumer sectors is spurring demand for automated network management platforms in Asia Pacific. In the next few years, this region is expected to outpace other geographies in terms of new customer acquisitions and spending on network automation platforms.

The network automation market in Asia Pacific is expanding at a rapid pace due to the presence of a large consumer base and an increasing number of digital initiatives by various governments in countries like China, India, Japan, and South Korea. Governments across Asia Pacific are strongly supporting development of networking infrastructure and new technologies like 5G to propel economic growth. This has increased the need for network automation solutions that can scale up on demand and simplify operations across vast and complex networks. Enterprises are also aggressively automating their networks to optimize costs and enhance customer experience in highly competitive business environments. All these factors are fueling the growth of the network automation market in Asia Pacific region.

 

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