Network automation market growth can be attributed to the emergence of Industry 4.0 and rising adoption of smart utilities. Connected manufacturing structures generally have smart utilities that are connected through a shared infrastructure which could be remotely accessed for valuable output. Moreover, network automation managed services could be used to drive uninterrupted business operations via industrial network infrastructure.
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Network automation market is estimated to garner noteworthy gains owing to burgeoning adoption of technologies like AI, IoT, machine learning and robotics. Network automation basically offers wireless infrastructure management along with real-time monitoring and accessibility abilities. It automates business processes, supports real-time monitoring and takes care of wireless broadband connectivity. Influenced by its capabilities, several cloud enterprises have started to actively adopt network automation solutions.
Surging demand for features like real-time monitoring and network troubleshooting could strengthen the business outlook of network automation market over the coming years. Meanwhile, increasing usage across numerous industry verticals could drive network automation industry expansion.
The hybrid network infrastructure segment is also gaining traction. The technology primarily involves multiple network topologies, and could consist of physical and virtual network configurations that help develop agility and efficiency of a network. Likewise, it also delivers optimum levels of automation abilities.
Estimates claim that the hybrid network infrastructure segment could witness significant growth over the coming years. As a matter of fact, majority of network service providers prefer to offer network automation services to scale their businesses.
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Enterprises are proactively searching for alternatives that can fulfill requirement like network management, network performance improvement, and connectivity. Citing an instance, data centers usually depend on wireless network connectivity for smooth operations of cloud services. Meanwhile, efficient network services allow cloud infrastructures to effortlessly access stored data.
In terms of application, the network automation market is bifurcated into telecom & IT, manufacturing, energy & utilities, healthcare and BFSI. Among these, the manufacturing industry is projected to emerge as a promising application area for network automation market, and is estimated to hold a healthy market share by 2026.
Taking November 2019 for instance, Extreme Networks released SLX 9150 leaf switch and SLX 9250 spine switch alongside Extreme Fabric Automation solution. Evidently, these switches and software could be incorporated with data center applications for automation and unified configuration. In addition, it could offer cloud speed provisioning, flexible deployment and simplified automation options.
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Based on type, the network automation market is segmented into wide area network (WAN), local area network (LAN), cloud networks, data center networks, and wireless networks. Out of these, the cloud network type is speculated to maintain a steady growth rate over the forthcoming years owing to mounting use of network automation across cloud-based data center applications.