Emphasis on Network Type (Physical, Virtual); Deployment (On-premise, Cloud); End-user (IT & Telecom, BFSI, Manufacturing, Energy & Utilities, Healthcare, Education, Others); Region/ Countries
The network automation market is expected to grow at a CAGR of 26% during the forecast period. Network automation also refers to automating the operation of computer networks. It can be set up by integrating hardware and software solutions that help manage and run network processes. Network automation also plays an important role in network virtualization and software-defined networks, which enable automated deployment of virtual network functions. The increasing number of connected devices, organizational digitization, and the requirement to meet the increasing demand for effortless and effective operation at the workplace requires robust processing power at the edge of the network. Moreover, growing demand from the IT departments such as agility, consistency, and speed, in managing and provisioning both traditional and cloud-based applications is contributing to the growth of the market.
Some of the major players operating in the market are IBM Corporation, Cisco Systems Inc., Juniper Networks Inc., SolarWinds Corporation, The Hewlett Packard Enterprise Company, BMC Software Inc., VMware Inc., Nokia Corporation, Red Hat Inc., and Riverbed Technology, among others.
Insights Presented in the Report
“Amongst network type, the virtual network segment is expected to witness the highest CAGR during the forecast period”
Based on network type, the market is segmented into physical and virtual network. The virtual market is expected to hold the majority of the network automation market owing to the increasing adoption of virtual automation services by cloud service providers and financial organizations.
“Amongst deployment, the cloud segment is expected to witness the highest CAGR during the forecast period”
Based on deployment, the market is segmented into on-premises and cloud. The cloud segment is expected to hold the majority of the network automation market during the forecast period. The cloud enables fast and secure networks, also cloud networks saves a lot of upfront installation cost, which later can be used in other operations. Moreover, the cloud deployment model scales a solution’s capacity to handle enormous network application traffic. With the adoption of these solutions, small enterprises are able to collect and analyze data, thus improving customer services. Presently, the demand for cloud-based network automation solutions is increasing over their on-premises counterparts, owing to the various advantages offered by the cloud deployment model.
“Amongst end-user, it and telecom segment is expected to witness the highest CAGR during the forecast period”
Based on end-user, the market is segmented into it and telecom, BFSI, manufacturing, energy and utilities, healthcare, education, and others. The IT and telecom market holds the majority of the network automation market. Data centers deal with humongous databases which require heavy storage and network devices. As a result, data centers face complexities in the configuration and management of these multi-vendor devices. The scaling of networks has also increased the OPEX for maintaining IT departments and increasing the responsiveness to changing business needs. These factors have forced IT departments to make significant investments in maintaining their network infrastructure which has increased the growth of the network automation market.
“North America to witness significant growth during the forecast period”
The North American region dominated the network automation market in 2020 and is expected to maintain its domination during the forecast period. The main reason for this domination is the presence of leading network automation solutions providers. Furthermore, the region has the highest internet and technology adoption, also a significant increase in the adoption of mobile devices is expected to drive the network automation market.
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1. Market Introduction
2. Research Methodology Or Assumption
3. Market Synopsis
4. Executive Summary
5. Global Network Automation Market Revenue (usd Bn), 2019-2027f
6. Market Insights By Application Type
7. Market Insights By Deployment
8. Market Insights By End-user
9. Market Insights By Region
10. Network Automation Market Dynamics
11. Network Automation Market Opportunities
12. Network Automation Market Trends
13. Demand And Supply-side Analysis
14. Value Chain Analysis
15. Competitive Scenario
16. Company Profiled
17. Disclaimer
Research Methodology for The Global Network Automation Market Analysis (2021-2027)
Analyzing the historical market, estimating the current market, and forecasting the future market of the global network automation market were the three major steps undertaken to create and analyze the adoption of network automation in major regions globally. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted, with industry experts across the value chain of the global network automation market. Post assumption and validation of market numbers through primary interviews, we employed a top-down/bottom-up approach to forecasting the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments of the industry pertains to. Detailed methodology is explained below:
Analysis of Historical Market Size
Step 1: In-Depth Study of Secondary Sources:
Detail secondary study was conducted to obtain the historical market size of the network automation market through company internal sources such as annual reports & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.
Step 2: Market Segmentation:
After obtaining the historical market size of the network automation market, we conducted a detailed secondary analysis to gather historical market insights and share for different segments & sub-segments for major regions. Major segments are included in the report as network type, deployment, and end-user. Further country-level analyses were conducted to evaluate the overall adoption of testing models in that region.
Step 3: Factor Analysis:
After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size of the network automation market. Further, we conducted factor analysis using dependent and independent variables such as various network type, deployment, and end-user of network automation. A thorough analysis was conducted for demand and supply-side scenarios considering top partnerships, mergers and acquisitions, business expansion, and product launches in the network automation market sector across the globe.
Current Market Size Estimate & Forecast
Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the global network automation market, and market shares of the segments. All the required percentage shares split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.
Estimation & Forecasting: For market estimation and forecast, weights were assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e., top-down/bottom-up approach were applied to arrive at the market forecast about 2027 for different segments and sub-segments across the major markets globally. The research methodology adopted to estimate the market size encompasses:
Market Size and Share Validation
Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, and Regional Head, Country Head, etc.) across major regions. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.
Split of Primary Participants in Different Regions
Market Engineering
The data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers for each segment and sub-segment of the global network automation market. Data was split into several segments & sub-segments post studying various parameters and trends in the areas of type, deployment, and end-user in the global network automation market.
The main objective of the global network automation market study
The current & future market trends of the global network automation market were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments on the qualitative and quantitative analysis performed in the study. Current and future market trends determined the overall attractiveness of the market at a regional level, providing a platform for the industrial participant to exploit the untapped market to benefit from a first-mover advantage. Other quantitative goals of the studies include:
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