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| Global Network Automation Market Size |
The network automation market offers benefits such as increased network
efficiency, reduced errors, lower operating costs, and faster issue resolution.
Network automation uses software and tools to simplify, streamline, and
automate tasks that were previously performed manually in a network. It helps
configure, manage, and optimize networks through automation instead of static,
manual processes.
Global network automation market is estimated to be
valued at US$ 25.54 Bn in 2024 and
is expected to exhibit a CAGR of 9.4%
over the forecast period from 2024 to 2030.
Key players operating in the network automation market are Pfizer Inc.,
AstraZeneca plc, F. Hoffmann-La Roche Ltd., Eli Lilly and Company, Boehringer
Ingelheim GMBH, Novartis AG, Bristol-Myers Squibb Company, and Merck & Co.,
Inc. The growing demand for reducing networking tasks and eliminating human
errors is a major factor driving the growth of the network automation market.
Network automation solutions enable network teams to resolve issues faster and
allows significant operational cost savings by automating routine network tasks
and operations. Technological advancements in network automation software such
as artificial intelligence, machine learning and advanced analytics are
allowing deeper network insights for optimizing performance across complex
multi-vendor environments.
Market Trends
The growing trend of network management by software-defined networking (SDN) is
significantly driving the network automation market. SDN is helping to simplify
and automate the tasks associated with configuring, managing and securing
application delivery across hybrid cloud environments. Increased adoption of
software-defined wide area networking (SD-WAN) solutions is allowing
enterprises to define business intent and let the network decide how to
dynamically route traffic based on real-time path conditions. This is allowing
enterprises to achieve smooth cloud application delivery at lowest cost.
Market Opportunities
Rising demand for multi-cloud networks across enterprises offers significant
growth opportunities for Global
Network Automation Market Size vendors. network automation solutions
help enterprises migrate workloads seamlessly across multiple public and
private clouds while maintaining connectivity, security and compliance
policies. Increasing focus of telecom service providers on 5G network
deployments presents an opportunity for network automation to configure and
optimize rapidly evolving 5G infrastructure.
Impact of COVID-19 on Network Automation Market
The COVID-19 pandemic impacted the network automation market growth negatively.
As lockdowns were imposed worldwide travel restrictions were put in place
forcing enterprises to rely more on virtual communication and remote working.
This increased the need for companies to automate their network operations to
effectively manage increased traffic and ensure seamless connectivity. Many
industries witnessed a decline in revenues due to shutdown of operations.
However, as remote working became the new normal there was a rise in demand for
network automation solutions to support distributed enterprise networks. Post
COVID, enterprises are focusing on network automation to improve network
agility, reduce costs and enable work from anywhere concept. In future more
network systems are expected to be automated to enhance security, optimize
operations and facilitate hybrid work models.
Network automation helps in deployment of new enterprise applications and
services faster while reducing risk of human errors. It allows remote
monitoring and management of networks spread across multiple locations. The
pandemic highlighted the need for network resilience and flexibility.
Automation ensures business continuity even during crisis by enabling rapid
response to outages and changes in traffic patterns. It becomes crucial for
companies to adopt automated solutions that integrate and configure diverse
network elements as one programmable system. Network automation market is
anticipated to grow further post pandemic as technologies like SDN and NFV gain
more importance for building robust, scalable and secure networks.
North America region holds highest share for network automation market in terms
of value currently. This is due to strong adoption of advanced technologies by
major enterprises based in US and Canada. Presence of leading automation
vendors and availability of technical expertise drives the network automation
deployments. Asia Pacific region is fastest growing market for network
automation globally. Rapid infrastructure development, growing IoT connectivity
and increasing focus on digital transformation initiatives are factors
stimulating market growth in Asia Pacific nations like China, India.
Implementation of smart city projects and expanding 5G rollouts indicate substantial
potential for network automation solutions across Asia Pacific region in coming
years.
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