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Intent-based networking solutions are expected to lead the market share due to the rising adoption of AI-based network security systems
Intent-based networking solutions are anticipated to lead the network automation market share in the forecast period. Intent-based networking solutions includes solutions that use artificial intelligence and machine learning to automate the translation of business goals and policies into network configurations and actions, ensuring alignment and compliance across the network. These solutions offer benefits such as reduced operational complexity, enhanced network visibility and security, and improved network agility and efficiency. Moreover, the increasing need for network automation, the growing demand for self-optimising networks, and the rising adoption of cloud and IoT technologies is increasing the intent-based networking market size. Some of the leading vendors in this segment are Cisco and Juniper Networks.
Moreover, other types of network automation solutions include network automation tools, which include software and hardware tools that enable the automation of network functions, such as configuration, provisioning, monitoring, troubleshooting, and system’s security. The tools can be categorised into network automation platforms, orchestration tools, testing tools, and analytics tools. Furthermore, the network automation tools segment is witnessing a steady growth rate due to the increasing demand for agile and efficient network operations, the growing adoption of cloud and virtualisation technologies, and the rising need for compliance and security in network management.
SD-WAN and network virtualisation includes solutions that enable the creation and management of virtual networks over wide area networks (WANs), using software-defined networking (SDN) and network function virtualisation (NFV) technologies. These solutions offer benefits such as cost reduction, bandwidth optimisation, network scalability, and improved performance and reliability, propelling the network automation market growth. The key drivers for this segment are the increasing demand for cloud-based applications and services, the growing need for simplified and centralised network management, and the rising adoption of multi-cloud strategies.
IT and telecom vertical holds a significant network automation market share because of their complex network architectures and high network traffic
According to network automation market analysis, the IT and telecom vertical is expected to hold the largest market share during the forecast period, as telecom and IT companies are facing high network traffic, which results in high demand for efficient and agile network operations in IT and telecom industries. Network automation enables IT and telecom companies to automate tasks such as configuration, provisioning, testing, troubleshooting, and monitoring of networks. Network automation also helps to reduce human errors, improve network performance, and enhance security.
The manufacturing segment is expected to witness significant growth in the network automation market due to the increasing adoption of Industry 4.0 and smart manufacturing technologies. Network automation allows manufacturing companies to optimise their production processes, reduce operational costs, and improve quality and safety. Network automation also enables the integration of various devices and systems across the manufacturing value chain, such as sensors, robots, machines, and cloud platforms.
In addition, the education sector is expected to show potential growth in the network automation market due to the rising adoption of e-learning and online education platforms. Network automation enables educational institutions to manage and optimise their network resources, improve connectivity and accessibility, and provide a seamless learning experience for students and teachers. Network automation also facilitates the integration of various technologies and digital tools, such as video conferencing, virtual reality, artificial intelligence, and cloud computing, in the education sector.
Network Automation Market Size
Network Automation Market Trends
Network Automation Market Share
Network Automation Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the network automation market reached an approximate value of USD 5.91 billion.
The network automation market is expected to grow at a CAGR of 24% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 41.07 billion by 2032.
The market is being driven by the growing demand for enhanced network security, increasing investments in network automation, and the rising popularity of over-the-top platforms.
Key trends aiding market expansion include the growing popularity of connected devices, rising demand for ultra-low latency, and increasing demand for automation of networks in the education industry.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The important network types of network automation are physical, virtual, and hybrid.
The major deployments of network automation are cloud, on-premise, and hybrid.
The significant end uses in the market are IT and telecom, manufacturing, energy and utility, banking and financial services, and education, among others.
Key players in the industry are Juniper Networks, Inc., IBM Corporation, L.P., Backbox Software Ltd., BlueCat Networks, Inc., Cisco Systems, Inc., Park Place Technologies, BMC Software, Inc., HP Development Company, Anuta Networks International LLC, and Micro Focus International Plc, among others.
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