Published Date: 21-Feb-2023
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According to a new report, published by KBV research, The Global Zero-Touch Provisioning Market size is expected to reach $4.7 billion by 2028, rising at a market growth of 10.1% CAGR during the forecast period.
The Services market is experiencing a CAGR of 12.5% during (2022 - 2028). The increasing demand for time and resource savings, high levels of customization and flexibility, and the need for continuous support and maintenance are all likely to fuel the segment's expansion. To assist enterprises in managing and maintaining their ZTP deployments, ZTP services frequently include continuous support and maintenance.
The Complex Network Architecture market is leading the segment in the Global Zero-Touch Provisioning Market by Network Complexity in 2021; thereby, achieving a market value of $2.2 billion by 2028. Large businesses and organizations use complex network environments, which have two domains, multiple layers, subnetworks, & interdependencies between networking devices and systems while sharing a common network control protocol between two host systems.
The Small & Medium Enterprises market is showcasing a CAGR of 11% during (2022 - 2028). Zero-touch provisioning enables SMEs to deploy ZTP as needed, manage network setup duties, and eliminate the need for manual device deployment and configuration on-site. SMEs concentrate on digital transformation to achieve dependable, secure, and quick networks, less time invested in manual labor and automatic software upgrades as well as reduce human operational & intervention costs.
The Routers & Switches market is generating high revenue in the Global Zero-Touch Provisioning Market by Device Type in 2021; thereby, achieving a market value of $1.9 billion by 2028. Large companies increased use of the internet and the cloud to quickly build and implement network components, as well as the emerging usage of edge devices, is responsible for the segment's growth.
The Healthcare market is registering a CAGR of 12.3% during (2022 - 2028). As it automates procedures, adds new capabilities to an existing connection, and upgrades operating systems, ZTP has gained popularity in the healthcare industry and given healthcare businesses a competitive edge. Following the pandemic, there was a dramatic increase in the adoption of IoT-enabled linked medical devices & solutions, resulting in rising need for dependable cellular connectivity, decentralized clinical trials, as well as remote patient monitoring.
The Asia Pacific market dominated the Global Zero-Touch Provisioning Market by Region in 2021; thereby, achieving a market value of $1.7 billion by 2028. The Europe market is anticipated to grow at a CAGR of 9.6% during (2022 - 2028). Additionally, The North America market would witness a CAGR of 9.4% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/zero-touch-provisioning-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Hewlett-Packard enterprise Company (HP Development Company L.P.), Nokia Corporation, Ericsson AB, Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.), Extreme Networks, Inc., ZTE Corporation, Cisco Systems, Inc., Juniper Networks, Inc., Arista Networks, Inc. and Riverbed Technology, Inc. (Thoma Bravo)
By Network Complexity
By Enterprise Size
By Device Type
Unique Offerings from KBV Research
North America Zero-Touch Provisioning Market Future Scope & Opportunities 2022-2028
Europe Zero-Touch Provisioning Market Size & Growth Forecast 2022-2028
Asia Pacific Zero-Touch Provisioning Market Size, Share & Industry Outlook to 2028
LAMEA Zero-Touch Provisioning Market Growth, Trends & Forecasts 2022-2028