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The Global Network Automation Market size is expected to reach $18.6 billion by 2023, rising at a market growth of 42% CAGR during the forecast period. Network automation is a process in which software automatically configures provisions, manages and tests network devices. The technology is widely used in enterprise eco systems to improve operational efficiency and limit human errors and as a result control operating expenses. Network automation tools are used right from basic network mapping and device discovery, to more complex workflows such as network configuration management and provisioning of virtual network resources.
The critical need for network bandwidth management and network visibility, and rapid adoption of smart connected devices across all industry verticals are some of the major factors that would drive the market growth during the forecast period. Based on Type, the market report segments the market into Based on Type, the market is segmented into Solution and Services. Solutions include Network Automation Tools, SD-WAN, and Intent-Based Networking. Services include Professional and Managed. Based on Network Infrastructure, the market report segments the market into Physical Network Configuration & Automation, Hybrid Network Configuration & Automation, and Virtual Network Configuration & Automation. Based on Organization Size, the market report segments the market into Small & Medium Enterprises and Large Enterprises
Based on Deployment Mode, the market report segments the market into Cloud and On-Premise. Based on Vertical, the market report segments the market into Telecom, Information Technology, Energy & Utilities, Manufacturing, Media & Entertainment, and Others. Based on Regions, the Network Automation market segments the market into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa.
The market research report covers the competition analysis of key stake holders of the Network Automation Market. Key companies profiled in the report include Cisco Systems, Inc., IBM Corporation, Juniper Networks, Inc., Riverbed Technology, Micro Focus, Netbrain Technologies, SolarWinds, Inc., BMC Software, Apstra, and BlueCat.