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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Network Automation Market Analysis by Region
North America is the prominent region in the market due to its well-established network infrastructure
The North American region is anticipated to hold a dominant position in the network automation market as the region has a well-established network infrastructure, a high adoption of cloud services, and a strong presence of leading network automation vendors, such as Cisco, IBM, Juniper, and VMware. The key drivers for network automation in North America are the increasing network complexity, the growing demand for network security and compliance, and the need for network scalability and efficiency.
According to network automation market report, Europe is the second-largest market for network automation because the region has a diverse network landscape, with varying levels of network infrastructure development and digital transformation across different countries. The region is also home to some of the major network automation vendors, such as Nokia, Ericsson, and Huawei. The key drivers for network automation in Europe are the rising adoption of cloud services, the increasing demand for network optimisation and agility, and the regulatory policies that support network innovation and standardisation.
Moreover, Asia Pacific is the fastest-growing market as the region has a huge potential for network automation, as it has a large and growing population, a booming digital economy, and a rising demand for network bandwidth. The region is also undergoing a rapid network infrastructure development, especially in emerging markets, such as China, India, and Southeast Asia, which can increase the overall network automation market worth. The key drivers for network automation in Asia Pacific are the growing adoption of 5G and IoT technologies, the increasing need for network security and reliability, and the competitive pressure to reduce network operational costs.
Network Automation Market Report Snapshots
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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Key Questions Answered in the Report
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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