At 25% CAGR, Network Automation Market will hit US$18 billion by 2026

The adoption of technologically advanced technologies like machine learning, Artificial Intelligence, and the Internet of Things, is anticipated to support the demand for network automation market. Rising demand for real-time monitoring and network troubleshooting is contributing to industry growth.

The need for network management, network performance improvement, and connectivity is boosting the demand for network automation solutions. For instance, data centers depend on wireless network connectivity for the smooth functioning of cloud services. The data which is stored is further accessed over the cloud infrastructure that requires efficient network services.

Network automation gives wireless infrastructure management the capabilities of accessibility and real-time monitoring. It also automates business processes as well as manages wireless broadband connectivity. Owing to the above-mentioned features, cloud enterprises are diligently adopting network automation-based solution and services.

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In essence, network automation has emerged as one of the most crucial technologies that have allowed businesses to reduce manual configuration errors and risk through effective compliance reporting, improved performance, better network service availability, efficiency of staff and a secure data security infrastructure. Mentioned below are some of the vital factors impacting global network automation market size through 2026.

Increasing demand for network automation particularly in cloud-based data center applications is a vital factor driving the network automation market growth. Many large companies are constantly adopting cloud-based network systems to improve their operations. In November 2019, Extreme Networks introduced SLX 9250 spine switch and SLX 9150 leaf switch coupled with an Extreme Fabric Automation software system.

The switches and software technology carries the ability to be integrated with data center processes to gain automation and a unified configuration. This also renders cloud speed provisioning, simplified automation, and flexible deployment solutions.

Improved economic stability among people in both developing and developed nations has led to increased demand for unique and innovative products in recent years. The global manufacturing sector has witnessed unprecedented growth during this time owing to the constant production requirements, ranging from medicines and apparel to automobiles.

The emergence of Industry 4.0, propelling the use of technology to accelerate manufacturing solutions, along with the deployment of smart utilities is driving network automation market outlook. The connected manufacturing units comprise of smart utilities that are connected over a shared technological infrastructure.

They may be monitored remotely to render effective output. The network automation managed services may be implemented to offer uninterrupted business services through the industrial network infrastructure. 

Reportedly, Asia Pacific network automation market share is likely to register a notable CAGR of more than 30% through 2026 due to the increasing commercialization of 5G network technology, cloud services, and industrial automation.

Automobile manufacturers are increasingly focusing on the development of autonomous vehicles, where network automation can help. Chinese technology firm- Huawei unveiled the MBB Automation Engine and BTS5900 series base station. This wireless network automation technology is equipped with 5G technology.

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Network automation companies are constantly focusing on pushing their technological offerings to meet the demands of various industries along with maximizing their revenue potential and global reach. Some of the key industry players include IBM Corporation, Red Hat, Inc. and Cisco Systems, among various others.

Table of Contents (ToC) of the report:

Chapter 5    Network Automation Market, By Type

5.1    Key trends, by type

5.2    Local Area Network (LAN)

5.3    Wide Area Network (WAN)

5.4    Data center networks

5.5    Cloud networks

5.6    Wireless networks

Chapter 6    Network Automation Market, By Component

6.1    Key trends, by component

6.2    Software

6.2.1 Intent-based networking

6.2.2 SD-WAN

6.2.3 Network automation tools

6.3    Services

6.3.1 Professional service

6.3.2 Managed service

Chapter 7    Network Automation Market, By Network Infrastructure

7.1    Key trends, by network infrastructure

7.2    Physical network

7.3    Virtual network

7.4    Hybrid network

Chapter 8    Network Automation Market, By Deployment Type

8.1    Key trends, by deployment type

8.2    On-premise

8.3    Cloud

Chapter 9    Network Automation Market, By Application

9.1    Key trends, by application

9.2    Manufacturing

9.3    Telecom & IT

9.4    Healthcare

9.5    Energy & utilities

9.6    BFSI

9.7    Retail

9.8    Others

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