

The progress of society has caused an increase in the automation of the operations of a computer network. Reports that scrutinize the information and communication technology industry has been offered by Market Research Future, which generates reports on industry verticals that judge the market development and possibilities. A CAGR 49% is expected to contribute significantly to the growth of the market and also add to market incomes to reach USD 27 billion by 2023.
The necessity for automating the provisioning of virtual network functions is expected to benefit the network automation market in the forecast period. Additionally, the surge in demand for networking solutions by important establishments is expected to further the market growth in the upcoming period.
Segmental Analysis
The segmental examination of the network automation market is conducted on the basis of the organization size, component, deployment, network infrastructure, vertical, and region. Based on the components, the network automation market is segmented into solutions and services. The solution segment is further segmented into network automation tools, SD-WAN, and intent-based working. By network infrastructure, the network automation market is segmented into virtual network configuration, physical network configuration, and hybrid network configuration. Based on the deployment, the network automation market is additionally segmented into on premise and on-cloud. The segmentation of the network automation market based on organization size comprises of SME and large enterprises. On the basis of verticals, the network automation market is segmented into media & entertainment, IT and telecommunications, energy and utilities and many others. Based on the regions, the network automation market consists of Europe, North America, Asia Pacific, and other regions of the world.
Regional Analysis
By region, the global network automation market has been segmented into North America, Asia Pacific (APAC), Europe, and the Rest of the World (RoW). North America is expected to domineer the global network automation market. The high adoption rate of smart connected devices and the existence of key players in the region spur the growth of the market in North America.
Europe is the second largest market for network automation. Consistent demand for network automation from the manufacturing and BFSI sectors is contributing to the growth of the Europe market.
APAC market is poised to showcase substantial growth over the forecast period. Rapid deployment of cloud computing and increasing demand for network automation across the developing countries such as China and India are driving the growth of the market. Rapid adoption of colocation of data centers and IoT can also be credited for the market growth.
Industry Updates
- In January 2019, Silver Peak, a SD-WAN vendor got certification to run its product o three leading cloud providers - AWS, Microsoft Azure, and Google Cloud. It became the first ever vendor to have received this certification.
- In January 2019, NetYCE, a provider of network automation solutions announced the release of a free version of their network automation system. This would assist engineers to build network automation solutions without the complexities of using programming languages.
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