Reliable Data You Can Trust
Reliable Data You Can Trust
A recent report published by
Infinium Global Research on network automation market provides in-depth
analysis of segments and sub-segments in the global as well as regional network
automation market. The study also highlights the impact of drivers, restraints,
and macro indicators on the global and regional network automation market over
the short term as well as long term. The report is a comprehensive presentation
of trends, forecasts, and dollar values of the global network automation market.
According to the report, the global network automation market is projected to
grow at a CAGR of 22.3% over the forecast period of 2020-2026.
Network automation has become
growingly popular in the last couple of years. It uses automation programmable
logic to manage network resources and services. It allows to rapidly configure,
scale, secure, and integrate network infrastructure and application services.
The demand for network automation is growing due to large data, error rates,
resource utilization, speed, transparency, and security. These factors
influence the adoption of different network automation tools.
Network automation, improving the
speed of service delivery is a clear benefit, often driven by business goals
and the need for a more reliable, scalable network. Furthermore, network
automation is the prime way to take advantage of the programmatic interface
exposed by modern network solutions that offer an application programming
interface. This API-driven management delivers structured data rather than raw
text that network engineers can use to streamline day-to-day operations of
managing networks, resolving network issues, and performing deep network
analysis. manually performing configuration tasks is inefficient and prone to
errors. In fact, some industry reports suggest human error causes at least 40
percent of network failures. Complex network analysis involves multiple sources
of data. The combination of network automation and network analytics can
provide deeper insights into performance, utilization, security, and resource
allocation and help to automate analysis tasks and resolve issues more quickly
than manual techniques. Organizations are seeking to benefit from network
automation from its benefits such as reduced cost, reduced risk, and improved
productivity. It delivers significant cost reductions by freeing up IT
departments from spending time and money on labor-intensive tasks that can be
easily automated. This provides a growing demand for the network automation
market. However, organizations often struggle to capitalize on their
investments in automation tools. Moreover, growing investments in R&D and
emerging automation solutions is to provide a significant growth opportunity
for the market.
North America is anticipated to
hold the dominant position in the global network automation market due to the
continuously changing network infrastructure of enterprises and service
providers to cope with advanced technologies. Furthermore, the presence of
leading market players, such as Cisco, IBM, Juniper Networks, and NetBrain, in
this region is contributing to the growth of the market.
The report on the global network
automation market covers segments such as solution, service, network
infrastructure, organization size, and deployment type. On the basis of
solution, the sub-markets include SD-WAN, network automation tools, and
intent-based networking. On the basis of service, the sub-markets include
professional service and managed service. On the basis of network
infrastructure, the sub-markets include physical network configuration and
automation, virtual network configuration and automation, and hybrid network
configuration and automation. On the basis of organization size, the
sub-markets include small and medium-sized enterprises and large enterprises.
On the basis of deployment type, the sub-markets include on-premises and
cloud.
The report provides profiles of
the companies in the market such as Cisco Systems Inc, IBM, Micro Focus,
NetBrain Technologies, Riverbed Technology, Juniper Networks,, BMC Software,
Versa Networks, Volta Networks, and Anuta Networks.
The report provides deep insights
into the demand forecasts, market trends, and micro and macro indicators. In
addition, this report provides insights into the factors that are driving and
restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis
given in the report brings an insight into the investment areas that existing
or new market players can consider. The report provides insights into the
market using analytical tools such as Porter's five forces analysis and DRO
analysis of the network automation market. Moreover, the study highlights current
market trends and provides forecasts from 2020-2026. We also have highlighted
future trends in the market that will affect the demand during the forecast
period. Moreover, the competitive analysis given in each regional market brings
an insight into the market share of the leading players.
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